NOT LISTED FOR SALE

16857 N Mount Olive Rd Gravette, AR 72736

Estimated Value: $228,000 - $396,000

2 Beds
2 Baths
1,380 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $170,000 $123 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,867/month

145 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Wooded Lot
  • Gravette Middle School Rated A-
  • Secluded Lot
  • Attic

About This Home

As of October 2021

2 Bed/2 Bath Log Cabin located on a beautiful 4.42-acre secluded wooded property. **SOLD AS IS**
Enjoy the mature Cedar & Pine trees, flat grassy yard, naturally lit windowed sunroom, picket-fenced front porch & a cute wooden treehouse in the backyard. Up to 4 cars can fit in the open outbuilding with room for an RV, boat & trailer, and more on the property. Plenty of extra storage (attic, under stairs & cinderblock shed). This home needs some TLC to bring it back to life. New water heater (2019), but no A/C. (window unit removed). This 4-acre property is perfect for building your dream home and then converting the cabin into a guest suite, rental apt. or AirBNB.

Last Agent to Sell the Property

Lisa Smith

eXp Realty NWA Branch License #SA00088371 Listed on: 04/27/2021

Last Buyer's Agent

Jennifer Fielding

Lindsey & Assoc Inc Branch License #EB00059824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $483

Year Built

  • Built in 1972

Lot Details

  • 4.42 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Picket Fence
  • Fenced Front Yard
  • Secluded Lot
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Log Cabin
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Garage
  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • TV Antenna

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$483

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.42
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Subdivision Name: None
  • Directions: West on Hwy 102/Centerton Blvd. Turn RT on Hwy 279. LT on N Mt. Olive Rd/Hwy 18. Property on left/south side, just past 'Ol Loggin Rd. Turn LT on dirt driveway (just before the white picket fence on the right)
  • Architectural Style: Log Home
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1972
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Storage, Sun Room
  • Living Area: 1380.0
  • Dining Room Type: Bonus Room, Storage Room, Sunroom
  • Window Features: Blinds, Drapes
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Front Yard, Picket
  • Lot Features: Not In Subdivision, None, Open Lot, Rolling Slope, Secluded, Wooded
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Log Siding
  • Exterior Features: Unpaved Driveway, TV Antenna
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Property Condition: Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Parking Features: Other, Circular Driveway, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 483.0
  • Tax Block: -
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Oct 20, 2021
Sold by
Cook Kathy L
Bought by
Shaver Cynthia D and Shaver Samuel J
Seller's Agent
Lisa Smith
eXp Realty NWA Branch
Buyer's Agent
Jennifer Fielding
Lindsey & Assoc Inc Branch
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Current Estimated Value
$319,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,317
Avg. Annual Appreciation
16.87%
Original Mortgage
$124,500
Outstanding Balance
$115,485
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,837

Purchase Details

Closed on
Jan 8, 2017
Sold by
Cook Carl G
Bought by
Cook Kathy L

Purchase Details

Closed on
Jan 14, 2005
Sold by
Cook Marion T and Cook Twila
Bought by
Cook Carl G and Cook Kathy L

Purchase Details

Closed on
Mar 9, 1998
Bought by
Waroff

Purchase Details

Closed on
Oct 24, 1997
Bought by
Cook Carl G and Cook Kathy L

Purchase Details

Closed on
Aug 4, 1997
Bought by
Cook

Purchase Details

Closed on
May 4, 1989
Bought by
Cook

Purchase Details

Closed on
Apr 7, 1988
Bought by
Houpe

Purchase Details

Closed on
May 27, 1987
Bought by
Bank

Purchase Details

Closed on
Oct 4, 1979
Bought by
Pahl
Source: Public Records

Range of Values:

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Average Value
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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
Shaver Cynthia D $170,000 Pci Advance Title Llc
Cook Kathy L -- None Available
Waroff $17,000 --
Cook Carl G $68,000 --
Cook $39,000 --
Cook -- --
Houpe $35,400 --
Bank -- --
Pahl $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaver Cynthia D $124,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $170,000 -15.0% $123 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $200,000 -- $145 / 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 $1,412 $44,758 $24,752 $20,006
2023 $1,284 $28,980 $15,030 $13,950
2022 $1,355 $28,980 $15,030 $13,950
2021 $522 $28,980 $15,030 $13,950
2020 $483 $18,330 $7,960 $10,370
2019 $483 $18,330 $7,960 $10,370
2018 $858 $18,330 $7,960 $10,370
2017 $754 $18,330 $7,960 $10,370
2016 $754 $18,330 $7,960 $10,370
2015 $685 $15,470 $4,420 $11,050
2014 $685 $15,470 $4,420 $11,050
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisa Smith

    eXp Realty NWA Branch

  • J

    Buyer's Agent in 2021

    Jennifer Fielding

    Lindsey & Assoc Inc Branch

    (479) 531-7942

    16 Total Sales

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1181686

Northwest Arkansas Board of REALTORS®

APN: 18-12346-000

Arkansas Benton County Gravette 72736

16857 N Mount Olive Rd, Gravette, AR

This home is located at 16857 N Mount Olive Rd, Gravette, AR 72736 since 27 April 2021 and is currently estimated at $304,010, approximately $220 per square foot. This property was built in 1972. 16857 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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