$448,000
SOLD OCT 11, 2024

161 Madison 7848 Wesley, AR 72773

3 Beds
2 Baths
1,850 Sq Ft
3.13 Acres

Recently Sold

$242 Per Sq Ft

4% Below List Price

58 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Attic
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of October 2024

Discover the serene beauty of this 3.3-acre brick home nestled in a picturesque setting, perfect for those seeking tranquility and space. This property offers a blend of comfort, functionality, and room to roam. Step inside this inviting home boasting 3 bedrooms, 2 bathrooms, and an office, providing ample space for both relaxation and productivity. For the hobbyist or car enthusiast, a highlight of this property is the large 2 bay shop building. Wired with 220 amps, it offers endless possibilities for workshops, storage, or pursuing your passions. Outside, enjoy the lush gardens and the pastoral views of fenced and cross fenced grounds, ideal for animals and providing a secure environment. Whether you envision raising livestock, cultivating gardens, or simply enjoying the open space, this property offers the perfect canvas. Located in a rural neighborhood that is less than 20 minutes to Fayetteville and 30 to U of A, this property combines the tranquility of rural living with the convenience of nearby amenities.

Last Agent to Sell the Property

John Wiles

Fathom Realty Brokerage Phone: 479-329-0092 License #SA00093147 Listed on: 07/02/2024

Fathom Realty

Last Buyer's Agent

Dominick Hinds

Collier & Associates License #SA00078486

Collier & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 2006

Lot Details

  • 3.13 Acre Lot
  • Property fronts a county road
  • Fenced
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Carpet
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available

Community Details

  • Paradise Acres Subdivision

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,370

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.1313
  • Road Frontage Type: County Road
  • Subdivision Name: Paradise Acres
  • Directions: from the highway 295 and highway 303 intersection in Wesley, head N on 303 for 100 ft then turn R on Madison 7880 for .4 miles turn L on madison 7848 for 0.2 miles the home will be on our left gravel driveway.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-329-0092
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Water Heater, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Attic, Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 1850.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Fiber Optic Available
  • Water Source: Rural

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2370.0
  • Tax Block: na
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Oct 9, 2024
Sold by
Hopkins Jason and Hopkins Dorothy
Bought by
Patterson Bryan L and Hoppenworth Michelle A
Seller's Agent
John Wiles
Fathom Realty
Buyer's Agent
Dominick Hinds
Collier & Associates
List Price
$468,000
Sold Price
$448,000
Premium/Discount to List
-$20,000
-4.27%
Views
19
Current Estimated Value
$466,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,639
Avg. Annual Appreciation
8.91%
Original Mortgage
$425,600
Outstanding Balance
$423,192
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$58,512

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 25, 2018
Sold by
Sotorske Tamera
Bought by
Hopkins Jason and Hopkins Dorothy
Seller's Agent
Lucille Thomas
Prime Real Estate and Development
Buyer's Agent
John Hagberg
Collier & Associates
List Price
$210,000
Sold Price
$230,000
Premium/Discount to List
$20,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$207,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Gatorback Investments Llc
Bought by
Meierdiercks Steve G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,900
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2003
Bought by
Glenn C Duane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $448,000 Realty Title
Fiduciary Deed $230,000 Waco Title
Warranty Deed $172,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,600 New Conventional
Previous Owner $208,000 New Conventional
Previous Owner $207,000 New Conventional
Previous Owner $121,900 Credit Line Revolving
Previous Owner $50,000 New Conventional
Previous Owner $148,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $448,000 -4.3% $242 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $468,000 +103.5% $253 / Sq Ft
07/25/2018 07/25/18 Sold $230,000 +9.5% $124 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $210,000 -- $114 / 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
2024 $2,607 $83,440 $7,000 $76,440
2023 $2,370 $52,820 $6,000 $46,820
2022 $2,188 $52,820 $6,000 $46,820
2021 $2,006 $52,820 $6,000 $46,820
2020 $1,823 $40,520 $6,000 $34,520
2019 $1,823 $40,520 $6,000 $34,520
2018 $1,316 $40,520 $6,000 $34,520
2017 $1,315 $40,520 $6,000 $34,520
2016 $1,315 $40,520 $6,000 $34,520
2015 $1,437 $43,490 $6,000 $37,490
2014 -- $43,490 $6,000 $37,490
2013 -- $43,490 $6,000 $37,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1280237

Northwest Arkansas Board of REALTORS®

APN: 118-00007-000