NOT LISTED FOR SALE

1831 Highway 71 Gillham, AR 71841

Estimated Value: $103,835 - $175,000

2 Beds
1 Bath
640 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $135,000 $211 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $896/month

99 Days on Market

Highlights

  • Deck
  • Pond
  • Vaulted Ceiling
  • Dequeen High School Rated A-
  • Wooded Lot
  • Furnished

About This Home

As of January 2024

The "Cross-tie Cabin" is a newly built, Airbnb home for sale & fully furnished. Conveniently located right off of Highway 71 N, this property is in close proximity to Gillham and De Queen Lakes and Cossatot River State Park. It is also within 45 miles to Hochatown, OK, with many area amenities, including Beaver's Bend State Park and Mountain Fork River. This prime investment opportunity sits on approx. 5.28 acres, ample parking space, a storage shed, and room for possible expansion on the additional acreage. The open-floor plan is perfect for your personal residence, short-term/long-term rental, and corporate extended stays. On the main floor, there is a large living area that includes a living room w/ a Queen bed, fully equipped kitchen w/ butcher block counter tops and an island, a sitting area that could be used as a breakfast area that leads out to a beautiful deck with lighting, and a walk-in closet. The bathroom features a laundry area, a tiled walk-in shower w/ a rainfall showerhead, LED lights, and blue tooth music capabilities. The second bed is located in the loft, which is accessed by ladder stairs. Don't miss this opportunity, contact the Listing Agent TODAY!

Last Agent to Sell the Property

Carole McCullough

Elite Realty Group Listed on: 08/21/2023

Elite Realty Group

Last Buyer's Agent

Carole McCullough

Elite Realty Group Listed on: 08/21/2023

Elite Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $263

Year Built

  • Built in 2022

Lot Details

  • 5.28 Acre Lot
  • Rural Setting
  • Landscaped
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Spray Foam Insulation
  • Pitched Roof
  • Metal Roof
  • Composition Shingle

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Window Treatments
  • Open Floorplan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Pond
  • Deck
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Co-Op Electric
  • Tankless Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 072-00237-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$263

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Built To Suit
  • Ext Features: Deck, Outside Storage Area, Guttering
  • Inside City Limits: Yes
  • LVT Date: 08/24/2023
  • Price Per Sq Ft: 210.94
  • Road Surface: Gravel
  • Type: Rural Residential
  • Estimated Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Living/Dining Combo, Breakfast Bar
  • Fireplace: Electric Logs
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom Apart
  • Estimated Sq Ft: 640
  • Bedrooms: 2
  • Floors: Tile, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Furnished, Kit Counter-Other
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling, Vault Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Composition
  • Roof: Metal, Pitch

Garage/Parking

  • Parking: Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Zoned Units, Mini Split

Lot Info

  • Estimated Lot Size: 5.28
  • Estimated Lot Size: 5.28
  • Lot: Sloped, Rural Property, Pond, Wooded, Cleared, Extra Landscaping, Not In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 072-00237-001

Green Features

  • Energy Features: Insulated Windows, Extra Insulation
  • Green Features: Tankless Water Heater, Spray Foam Insulation

Tax Info

  • Annual Taxes: 263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Jan 3, 2024
Sold by
Dorsey Everett S
Bought by
Hall Charles L
Seller's Agent
Carole McCullough
Elite Realty Group
Buyer's Agent
Carole McCullough
Elite Realty Group
List Price
$160,000
Sold Price
$135,000
Premium/Discount to List
-$25,000
-15.62%
Views
112
Current Estimated Value
$158,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,329
Avg. Annual Appreciation
15.92%
Original Mortgage
$136,000
Outstanding Balance
$131,360
Interest Rate
5.87%
Mortgage Type
Construction
Estimated Equity
$39,394
Source: Public Records

Range of Values:

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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
Hall Charles L $135,000 Jackson Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Charles L $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $135,000 -15.6% $211 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $160,000 -- $250 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $263 $5,920 $720 $5,200
2023 $263 $5,920 $720 $5,200
2022 $7 $150 $150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23026614

Cooperative Arkansas REALTORS® MLS

APN: 072-00237-001-R