NOT LISTED FOR SALE

161 Jumbo Rd Melbourne, AR 72556

Estimated Value: $123,000 - $208,000

3 Beds
2 Baths
1,536 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $127,000 $83 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $877/month

169 Days on Market

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 2023

Check 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.

Last Agent to Sell the Property

Linette Wright

United Country Moody Realty, Inc. Listed on: 12/20/2022

Last Buyer's Agent

Rebecca Guthrie

Century 21 Portfolio SRAB

Century 21 Portfolio SRAB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $601

Year Built

  • Built in 1972

Lot Details

  • 2 Acre Lot
  • Rural Setting
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$601

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck
  • Inside City Limits: Yes
  • LVT Date: 12/22/2022
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Rural Residential
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Stove
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1536
  • Bedrooms: 3
  • Floors: Carpet, Wood, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Dishwasher, Refrigerator-Stays
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 2 acres m/l
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 600.54
  • Year: 2022

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%
Views
319
Current Estimated Value
$158,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,259
Avg. Annual Appreciation
7.59%
Original Mortgage
$128,282
Outstanding Balance
$125,047
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$27,312

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lyons Kailie -- None Listed On Document
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
Closed Lyons Kailie $128,282
Previous Owner Capdeville James $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $601 $12,030 $800 $11,230
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

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22040645

Cooperative Arkansas REALTORS® MLS

APN: 530-00048-000