NOT LISTED FOR SALE

16587 N Mount Olive Rd Gravette, AR 72736

Estimated Value: $504,000 - $606,000

3 Beds
2.5 Baths
2,792 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $279,000 $100 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,061/month

22 Days on Market

Highlights

  • Near a National Forest
  • Deck
  • Circular Driveway
  • Gravette Middle School Rated A-
  • Contemporary Architecture
  • Separate Outdoor Workshop

About This Home

As of July 2020

This is a great opportunity for someone who wants a shop, 2.65 acres, and a lot of room to roam. Could use some updating but the kitchen is already done with beautiful cherry wood cabinets and quartz counter tops. Also has a central vacuum. I will have professional pictures before the weekend is over. There is also a concrete slab for an RV and plenty of storage here.

Last Agent to Sell the Property

Barbara Hart

Crye-Leike REALTORS-Bella Vista License #SA00073438 Listed on: 05/22/2020

Crye-Leike REALTORS-Bella Vista

Last Buyer's Agent

Steven Fisher

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $870

Year Built

  • Built in 1982

Lot Details

  • 2.65 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • North Facing Home
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2,792 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outbuilding

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Virden Hills 4 Rurban Subdivision
  • Near a National Forest

Listing and Financial Details

  • Legal Lot and Block 6 / W/27/

Home Details

Home Type

Single Family

Est. Annual Taxes

$870

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.65
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Virden Hills 4 Rurban
  • Directions: Take 279 to Mount Olive Road. Go about 4 miles. The house is on the left hand side of the road.
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1982
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1982

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Central Vacuum, Eat-in Kitchen
  • Living Area: 2792.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Level, Not In Subdivision, Outside City Limits, Open Lot, Rural Lot
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Circular Driveway, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Propane, Phone Available, Septic Available

Condo/Co-op/Association

  • Community Features: Near National Forest

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 870.0
  • Tax Block: W/27/
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 10, 2020
Sold by
Romines Michael Neil and Romines Larry Alan
Bought by
Willis William
Seller's Agent
Barbara Hart
Crye-Leike REALTORS-Bella Vista
Buyer's Agent
Steven Fisher
Fathom Realty
List Price
$279,000
Sold Price
$279,000
Current Estimated Value
$520,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,035
Avg. Annual Appreciation
11.70%
Original Mortgage
$261,497
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 1994
Bought by
Hynd

Purchase Details

Closed on
Jul 17, 1989
Bought by
Howe

Purchase Details

Closed on
Aug 24, 1987
Bought by
George W Carl Dec'D
Source: Public Records

Range of Values:

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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
Willis William $279,000 None Available
Hynd $120,000 --
Howe $76,000 --
George W Carl Dec'D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis William V $5,000,000
Closed Willis William $305,250
Closed Willis William $261,497
Closed Willis William $261,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $279,000 0.0% $100 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $279,000 -- $100 / 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 $2,569 $80,477 $14,840 $65,637
2023 $2,447 $55,230 $9,010 $46,220
2022 $2,208 $55,230 $9,010 $46,220
2021 $2,575 $55,230 $9,010 $46,220
2020 $1,341 $35,850 $4,770 $31,080
2019 $845 $35,850 $4,770 $31,080
2018 $870 $35,850 $4,770 $31,080
2017 $804 $35,850 $4,770 $31,080
2016 $804 $35,850 $4,770 $31,080
2015 $1,150 $37,560 $3,710 $33,850
2014 $800 $37,560 $3,710 $33,850
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hart

    Seller's Agent in 2020

    Barbara Hart

    Crye-Leike REALTORS-Bella Vista

    (479) 715-3639

    68 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Steven Fisher

    Fathom Realty

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1147561

Northwest Arkansas Board of REALTORS®

APN: 15-10299-000

Arkansas Benton County Gravette 72736

16587 N Mount Olive Rd, Gravette, AR

This home is located at 16587 N Mount Olive Rd, Gravette, AR 72736 since 22 May 2020 and is currently estimated at $541,669, approximately $194 per square foot. This property was built in 1982. 16587 N Mount Olive Rd 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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