161 Jumbo Rd Melbourne, AR 72556
Estimated Value: $122,205 - $205,000
3
Beds
2
Baths
1,536
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- Central Heating and Cooling System
- Wood Burning Stove
- Wood Flooring
- Combination Kitchen and Dining Room
About This Home
As of July 2023Check out this country home in Melbourne, Arkansas. The property is near recreational amenities like the White River & Ozark National Forest, but close to schools and shopping. Melbourne is the county seat in Izard County and located in the foothills of the Ozarks. This is an older home with many new updates including roof, vinyl siding, and insulated windows throughout. It has 3 bedrooms and 2 baths. With the carport being enclosed, the living room boasts a dimension of over 29 feet long and has a wood burning stove as well as hardwood flooring. It has a roomy kitchen/dining combo with a large covered deck. The home feels larger than 1,500 square feet. It is county water/sewer and all electric, but natural gas does run along the road should you want to connect to it. The kitchen appliances stay with the home. There is an old barn & shed on the beautiful 2 acre yard with large pine trees. There is plenty of room for a garden spot and it has a small fenced area in the backyard for pets.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $601
Year Built
- Built in 1972
Lot Details
- 2 Acre Lot
- Level Lot
Home Design
- Ranch Style House
- Composition Roof
- Metal Siding
Interior Spaces
- 1,536 Sq Ft Home
- Wood Burning Stove
- Insulated Windows
- Combination Kitchen and Dining Room
- Crawl Space
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Central Heating and Cooling System
- Co-Op Electric
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2022
Closed on
Jul 12, 2023
Sold by
Capdeville James and Capdeville Sarah
Bought by
Lyons Kailie and Bell Rory A
Seller's Agent
Linette Wright
United Country Moody Realty, Inc.
Buyer's Agent
Rebecca Guthrie
Century 21 Portfolio SRAB
List Price
$139,900
Sold Price
$127,000
Premium/Discount to List
-$12,900
-9.22%
Total Days on Market
169
Views
319
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,301
Avg. Annual Appreciation
9.48%
Original Mortgage
$128,282
Outstanding Balance
$125,809
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$24,492
Purchase Details
Closed on
May 26, 2021
Sold by
Wammack Ted and Wammack Sheilla
Bought by
Capdeville James and Capdeville Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
3%
Mortgage Type
FHA
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Similar Homes in Melbourne, AR
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyons Kailie | -- | None Listed On Document | |
| Capdeville James | $90,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lyons Kailie | $128,282 | |
| Previous Owner | Capdeville James | $88,369 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $127,000 | +2.4% | $83 / Sq Ft |
| 06/07/2023 06/07/23 | Pending | -- | -- | -- |
| 05/22/2023 05/22/23 | Price Changed | $124,000 | -11.4% | $81 / Sq Ft |
| 03/22/2023 03/22/23 | For Sale | $139,900 | 0.0% | $91 / Sq Ft |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 12/20/2022 12/20/22 | For Sale | $139,900 | -- | $91 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $601 | $12,030 | $800 | $11,230 |
| 2023 | $176 | $12,030 | $800 | $11,230 |
| 2022 | $226 | $12,030 | $800 | $11,230 |
| 2021 | $226 | $12,030 | $800 | $11,230 |
| 2020 | $596 | $11,940 | $740 | $11,200 |
| 2019 | $596 | $11,940 | $740 | $11,200 |
| 2018 | $234 | $11,700 | $500 | $11,200 |
| 2017 | $584 | $11,700 | $500 | $11,200 |
| 2016 | $234 | $11,700 | $500 | $11,200 |
| 2015 | -- | $11,330 | $380 | $10,950 |
| 2014 | -- | $11,330 | $380 | $10,950 |
| 2013 | -- | $11,330 | $380 | $10,950 |
Source: Public Records
Agents Affiliated with this Home
-
Linette Wright
Seller's Agent in 2023
Linette Wright
United Country Moody Realty, Inc.
(870) 291-0617
136 Total Sales
-
Rebecca Guthrie
Buyer's Agent in 2023
Rebecca Guthrie
Century 21 Portfolio SRAB
(870) 291-7998
39 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 22040645
APN: 530-00048-000
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