NOT LISTED FOR SALE

185 the Fast Ln Mena, AR 71953

Estimated Value: $514,000 - $844,426

5 Beds
4 Baths
4,128 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $295,000 $71 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,727/month

431 Days on Market

Highlights

  • Safe Room
  • Mountain View
  • Wood Burning Stove
  • Spa
  • A-Frame Home
  • Pond

About This Home

As of December 2019

Beautiful 5 bedroom cedar home is privately located at the end of a lane! Could be 2 separate living areas or even a bed & breakfast! It includes a spacious area that would easily lend it’s self for a dance or yoga studio type of use. Wood burning fireplace, gas fireplace, Wrap-around screened-in porch, jetted tub, 2 CH&A units. Has hot tub w/beautiful view, irrigation system, shop, carport, pond & Much more! Private with paved drive is just outside of Mena. Sits on 15 acres.

Last Agent to Sell the Property

Farrell Cole

RE/MAX Mena Real Estate, Inc. Listed on: 10/15/2018

Last Buyer's Agent

Kevin Smallwood

RE/MAX Mena Real Estate, Inc.

RE/MAX Mena Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1998

Lot Details

  • 15 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Landscaped
  • Sloped Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot

Parking

  • Carport

Home Design

  • A-Frame Home
  • Combination Foundation
  • Wallpaper
  • Brick Frame
  • Metal Roof

Interior Spaces

  • 4,128 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Two Story Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Screened Porch
  • Mountain Views
  • Attic Floors
  • Safe Room
  • Basement

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Spa
  • Pond
  • Stock Pond
  • Outdoor Storage
  • Shop

Schools

  • Mena Elementary And Middle School
  • Mena High School

Farming

  • Livestock

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Well
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Style: A-Frame
  • Ext Features: Screened Porch, Porch, Partially Fenced, Outside Storage Area, Hot Tub/Spa, Lawn Sprinkler, Shop
  • Legal 2: 31-2S-30W
  • LVT Date: 10/25/2018
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng, Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built, Woodburning-Stove, Gas Logs Present, Glass Doors
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level, 2 Bedrooms Same Level
  • Estimated Sq Ft: 4128
  • Bedrooms: 5
  • Floors: Wood, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 4
  • Interiors: Washer Connection, Dryer Connection-Gas, Whirlpool/Hot Tub/Spa, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Surface Range, Dishwasher, Disposal, Pantry
  • Other Rooms: Great Room, Office/Study, In-Law Quarters, Workshop/Craft, Bonus Room, Laundry, Basement, Safe/Storm Room
  • Stories: 2 Story Entry & Lower, Two Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling, Wallpaper

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Metal

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Septic, Well, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 15
  • Estimated Lot Size: 15
  • Farmranch: Livestock Allowed, Stock Pond
  • Lot: Sloped, Rural Property, Pond, Wooded, Cleared, Extra Landscaping, Not In Subdivision, Mountain View
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 2640

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 18, 2019
Sold by
Smith Howard W and Aldridge Margaret L
Bought by
Laubach Charles and Laubach Susan
Seller's Agent
Farrell Cole
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
Kevin Smallwood
RE/MAX Mena Real Estate, Inc.
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Current Estimated Value
$646,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,475
Avg. Annual Appreciation
14.33%
Original Mortgage
$265,500
Outstanding Balance
$233,572
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$412,903

Purchase Details

Closed on
Apr 18, 2007
Sold by
Schulte Wayne F and Schulte Linda S
Bought by
Smith Howard W and Aldridge Margaret L

Purchase Details

Closed on
Apr 22, 2004
Bought by
Schulte Wayne F and Schulte Linda S

Purchase Details

Closed on
Jul 30, 1999
Bought by
Williams Kirk and Williams Chris D

Purchase Details

Closed on
Feb 1, 1996
Bought by
Miller Danny and Miller Carol
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
Laubach Charles $295,000 Mena Title Company Inc
Smith Howard W $385,000 --
Schulte Wayne F $310,000 --
Williams Kirk $270,000 --
Miller Danny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laubach Charles $265,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $295,000 -1.3% $71 / Sq Ft
09/20/2019 09/20/19 Price Changed $299,000 -8.0% $72 / Sq Ft
10/15/2018 10/15/18 For Sale $325,000 -- $79 / 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
2025 $4,115 $107,800 $8,710 $99,090
2024 $3,798 $107,800 $8,710 $99,090
2023 $3,484 $107,800 $8,710 $99,090
2022 $3,168 $76,090 $2,930 $73,160
2021 $3,124 $75,020 $1,860 $73,160
2020 $3,214 $75,020 $1,860 $73,160
2019 $3,171 $75,020 $1,860 $73,160
2018 $2,907 $75,020 $1,860 $73,160
2017 $2,640 $61,690 $1,780 $59,910
2016 $2,640 $61,690 $1,780 $59,910
2015 $2,643 $61,690 $1,780 $59,910
2014 $2,640 $61,690 $1,780 $59,910
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Farrell Cole

    RE/MAX

  • Kevin Smallwood

    Buyer's Agent in 2019

    Kevin Smallwood

    RE/MAX

    (479) 243-3407

    204 Total Sales

    Kevin Smallwood
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033933

Cooperative Arkansas REALTORS® MLS

APN: 0000-04918-0000

Arkansas Polk County Mena 71953

185 the Fast Ln, Mena, AR

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