NOT LISTED FOR SALE

16148 W Spring Valley Rd Gravette, AR 72736

Estimated Value: $415,000 - $543,000

2 Beds
2 Baths
1,919 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $450,000 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,706/month

62 Days on Market

Highlights

  • Home fronts a creek
  • Secluded Lot
  • Covered Patio or Porch
  • Gravette Middle School Rated A-
  • Pole Barn
  • Balcony

About This Home

As of August 2022

Nice older 1 possibly 2 bedroom farmhouse with the potential to add a couple more bedrooms. Large craft room and large bonus room can easily be converted to additional bedrooms. This home is secluded on 13.05 acres with a natural spring with creek running thru the front yard. This one is a must see, So much potential to remodel this one or several building sites to build you a new dream home. Large barn for livestock, storm cellar, detached garage and detached carport. the possibilities are endless. Don't miss your chance , you can almost be off grid with this location. Sold AS IS No Sellers Disclosure.. Appointments are required to view the property.

Last Agent to Sell the Property

Tim Craig

United Country/Rateliff Lifestyle Properties License #PB00063528 Listed on: 05/18/2022

Last Buyer's Agent

Beckie Seba

Weichert, REALTORS Griffin Company Bentonville License #SA00085945

Weichert, REALTORS Griffin Company Bentonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Lot Details

  • 13.05 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Property fronts a county road
  • Rural Setting
  • South Facing Home
  • Back Yard Fenced
  • Secluded Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,919 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Carpet
  • Basement Cellar
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Pole Barn
  • Outbuilding
  • Storm Cellar or Shelter

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • TV Antenna

Community Details

  • 20 P2 418 Subdivision

Listing and Financial Details

  • Tax Block /

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Lot Details

13.05 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 13.05
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Gravel, Paved
  • Subdivision Name: 20 P2-418
  • Directions: From Bentonville take Hwy 102 west thru Centerton to right or North on Hwy 279 to left or west on Mt Olive road to Left or south Wildwood the right or west on W Spring Valley Rd. Watch for sign at driveway.
  • Architectural Style: Cabin/Cottage
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Other Equipment: Satellite Dish, TV Antenna
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen
  • Living Area: 1919.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Not In Subdivision, None, Outside City Limits, Other, Rolling Slope, Rural Lot, Secluded, See Remarks
  • Pool Features: None
  • Waterfront Features: Creek
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Foundation Details: Other, See Remarks, Cellar
  • Other Structures: Barn(s), Outbuilding, Pole Barn, Well House
  • Patio And Porch Features: Balcony, Covered, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 717.0
  • Tax Block: /
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 22, 2022
Sold by
Manuel Rhoda Lee and Manuel Terrill J
Bought by
Mitchell Douglas and Mitchell Rebekah
Seller's Agent
Tim Craig
United Country/Rateliff Lifestyle Properties
Buyer's Agent
Beckie Seba
Weichert, REALTORS Griffin Company Bentonville
List Price
$499,750
Sold Price
$450,000
Premium/Discount to List
-$49,750
-9.95%
Current Estimated Value
$496,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,024
Avg. Annual Appreciation
2.83%
Original Mortgage
$427,500
Outstanding Balance
$408,158
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$87,866

Purchase Details

Closed on
Oct 4, 2017
Sold by
West Rhoda P
Bought by
Manuel Rhoda Lee

Purchase Details

Closed on
Aug 2, 2017
Sold by
West Rhoda P and West Carl D
Bought by
Manuel Rhoda Lee

Purchase Details

Closed on
Mar 7, 2002
Bought by
Manuel

Purchase Details

Closed on
Jan 7, 2002
Bought by
Shaw J

Purchase Details

Closed on
Sep 5, 2001
Bought by
West

Purchase Details

Closed on
Jan 4, 2000
Bought by
Parker Tr (4P)

Purchase Details

Closed on
Sep 1, 1981
Bought by
Parker
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mitchell Douglas $450,000 First National Title
Manuel Rhoda Lee -- None Available
West Rhoda P -- None Available
Manuel Rhoda Lee -- None Available
Manuel $41,000 --
Shaw J $22,000 --
West $207,000 --
Parker Tr (4P) -- --
Parker $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Douglas $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $450,000 -9.0% $234 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
05/27/2022 05/27/22 Price Changed $494,750 -1.0% $258 / Sq Ft
05/18/2022 05/18/22 For Sale $499,750 -- $260 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $1,804 $44,591 $6,019 $38,572
2024 $1,606 $44,591 $6,019 $38,572
2023 $1,460 $32,950 $3,810 $29,140
2022 $1,204 $32,950 $3,810 $29,140
2021 $717 $32,950 $3,810 $29,140
2020 $721 $23,390 $2,030 $21,360
2019 $721 $23,390 $2,030 $21,360
2018 $746 $23,390 $2,030 $21,360
2017 $687 $23,390 $2,030 $21,360
2016 $687 $23,390 $2,030 $21,360
2015 $1,205 $40,770 $18,270 $22,500
2014 $855 $40,770 $18,270 $22,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1218269

Northwest Arkansas Board of REALTORS®

APN: 18-12352-000

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