NOT LISTED FOR SALE

16059 W Highway 72 Gravette, AR 72736

Estimated Value: $296,000 - $395,000

2 Beds
1 Bath
1,211 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $152,500 $126 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,895/month

25 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Traditional Architecture
  • Gravette Middle School Rated A-
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of July 2020

Cute 2 bed 1 bath with lots of privacy right off of 72! 2 beautiful flat acres. New floors, new paint throughout! Fireplace, 2 car garage, open floorplan! Also available with 28 acres under MLS 1122904

Last Agent to Sell the Property

Annette Gore

Crye-Leike Realtors - Bentonville Listed on: 05/22/2020

Crye-Leike Realtors - Bentonville

Last Buyer's Agent

Joel Edwards

Fathom Realty License #EB00046539

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot
  • Property fronts a private road
  • Property fronts a highway
  • Cul-De-Sac
  • Rural Setting
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,211 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Storage Room
  • Crawl Space
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.0
  • Lot Size: IRR
  • Road Frontage Type: Highway, Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: Na
  • Directions: AR 72W - Look for sign
  • Architectural Style: Ranch, Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave Hood Fan, Microwave
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Eat-in Kitchen, None, Storage
  • Living Area: 1211.0
  • Dining Room Type: Storage Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Cul-De-Sac, Level, Not In Subdivision, None, Outside City Limits, Open Lot, Rural Lot, Secluded, Views, Wooded
  • Pool Features: None
  • View: Yes
  • Waterfront Features: None
  • Construction Type: Brick, Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Crawlspace
  • Other Structures: None, Workshop
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Garage, Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Gravette

Lot Info

  • Additional Parcels Description: 11-01448-000;11-01639-000;11-01643-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1010.0
  • Tax Block: NA
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2021
Sold by
Barnes James Manuel and Barnes Priscilla Rose
Bought by
Rea Garrett J and Rea Brooke J
Current Estimated Value
$326,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$120,231
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,743

Purchase Details

Closed on
Nov 16, 2020
Sold by
Barnes James Manuel and Barnes Priscilla Rose
Bought by
Gehrke Floor Covering C & D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 17, 2020
Sold by
Barnes Family Trust
Bought by
Travers Dante
Seller's Agent
Annette Gore
Crye-Leike Realtors - Bentonville
Buyer's Agent
Joel Edwards
Fathom Realty
List Price
$149,900
Sold Price
$152,500
Premium/Discount to List
$2,600
1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%
Original Mortgage
$149,737
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rea Garrett J $222,500 Advantage Title & Escrow
Gehrke Floor Covering C & D Llc $160,000 Citytitle & Closing Llc
Travers Dante $152,500 Pci Advance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rea Garrett J $161,250
Previous Owner Gehrke Floor Covering C & D Llc $107,000
Previous Owner Travers Dante $149,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $152,500 +1.7% $126 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $149,900 -- $124 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,856 $41,496 $11,200 $30,296
2024 $1,666 $41,496 $11,200 $30,296
2023 $1,514 $30,870 $6,800 $24,070
2022 $1,590 $30,870 $6,800 $24,070
2021 $1,576 $30,870 $6,800 $24,070
2020 $962 $18,660 $1,850 $16,810
Source: Public Records

Agents Affiliated with this Home

  • Annette Gore

    Seller's Agent in 2020

    Annette Gore

    Crye-Leike Realtors - Bentonville

    (479) 254-4535

    456 Total Sales

    Annette Gore
    Section Image

  • J

    Buyer's Agent in 2020

    Joel Edwards

    Fathom Realty

    (479) 381-0550

    24 Total Sales

    Joel Edwards
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1147260

Northwest Arkansas Board of REALTORS®

APN: 11-01445-002

Arkansas Benton County Gravette 72736

16059 W Highway 72, Gravette, AR

This home is located at 16059 W Highway 72, Gravette, AR 72736 since 22 May 2020 and is currently estimated at $326,974, approximately $270 per square foot. This property was built in 1987. 16059 W Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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