NOT LISTED FOR SALE

16864 Olive Rd Fayetteville, AR 72701

Estimated Value: $221,000 - $292,000

1 Bed
1 Bath
1,100 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $109,000 $99 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,425/month

179 Days on Market

Highlights

  • Home fronts a creek
  • Deck
  • Solid Surface Countertops
  • RV Access or Parking
  • Bonus Room
  • Eat-In Kitchen

About This Home

As of December 2018

Beautiful remodel upstairs,basement is a canvas to finish as you want. Beautiful 3 acres with tons of potential on the land. Roof, plumbing and electrical all redone in 2017. Pride of ownership in upstairs remodel. Working cistern, home has 2 wells but uses rural water. Septic has been pumped. 220 wiring to pole upgrade. New central heat and air. Open floor kitchen, dining and living room with big natural stone fireplace opens on to extra large deck. House sold in "AS AS" condition, perfect to customize to your desires.

Last Agent to Sell the Property

Kari Shinsel

Fathom Realty License #SA00078307 Listed on: 05/30/2018

Last Buyer's Agent

Alex LaFerney

Legend Realty Inc License #SA00074380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1976

Lot Details

  • 3.08 Acre Lot
  • Home fronts a creek
  • Property fronts a county road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Split Level Home
  • Fixer Upper
  • Block Foundation
  • Metal Roof
  • Masonite

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Unfinished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.08
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: Hwy 16 to Hazel Valley Road, (Terra Studios), left onto Olive Road, house on left side
  • Architectural Style: Split-Level
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2
  • Year Built: 1976

Interior Features

  • Appliances: Some Electric Appliances, Built-In Range, Built-In Oven, Dishwasher, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Oven, Range
  • Has Basement: Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Laminate
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, None, Solid Surface Counters
  • Living Area: 1100.0
  • Dining Room Type: Bonus Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Landscaped, Level, Not In Subdivision, Rural Lot, Sloped
  • Waterfront Features: Creek
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Other Structures: Storage, Well House
  • Patio And Porch Features: Deck
  • Property Condition: Fixer
  • Roof: Metal

Garage/Parking

  • Parking Features: RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public, Well

Schools

  • Junior High Dist: Elkins

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 518.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Coyne Donald and Coyne Pamela
Bought by
Keen Scott Russell
Current Estimated Value
$246,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,730
Outstanding Balance
$91,439
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$154,603

Purchase Details

Closed on
Jun 14, 2016
Sold by
Reynolds Patrick D
Bought by
Coyne Donald and Coyne Pamela

Purchase Details

Listed on
May 10, 2011
Closed on
Jan 6, 2012
Sold by
Arvest Bank
Bought by
Reynolds Patrick D
Seller's Agent
Ward Harris
Legend Realty Inc
Buyer's Agent
Marvin Shelley
The Shelley Group Real Estate
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Cornell Sue H
Bought by
Ball Michael and Ball Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1997
Bought by
Federal National Mortgage and Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keen Scott Russell $109,000 Waco Title Co
Coyne Donald $40,000 None Available
Reynolds Patrick D $40,000 Waco Title Company
Ball Michael $74,000 Lenders
Federal National Mortgage -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keen Scott Russell $105,730
Previous Owner Ball Michael $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/26/2018 12/26/18 Sold $109,000 0.0% $99 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $109,000 +172.5% $99 / Sq Ft
01/06/2012 01/06/12 Sold $40,000 -32.2% $36 / Sq Ft View Prior Sale
12/07/2011 12/07/11 Pending -- -- --
05/12/2011 05/12/11 For Sale $59,000 -- $53 / 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
2025 $1,512 $34,440 $6,610 $27,830
2024 $1,396 $34,440 $6,610 $27,830
2023 $1,310 $34,440 $6,610 $27,830
2022 $1,236 $23,590 $4,580 $19,010
2021 $1,093 $23,590 $4,580 $19,010
2020 $585 $23,590 $4,580 $19,010
2019 $504 $17,340 $3,560 $13,780
2018 $529 $17,340 $3,560 $13,780
2017 $518 $17,300 $3,520 $13,780
2016 $518 $17,300 $3,520 $13,780
2015 $848 $17,300 $3,520 $13,780
2014 $771 $15,350 $2,720 $12,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1081272

Northwest Arkansas Board of REALTORS®

APN: 001-02420-001