NOT LISTED FOR SALE

188 Spring St Melbourne, AR 72556

Estimated Value: $127,185 - $136,000

3 Beds
2 Baths
1,350 Sq Ft
$97/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $127,494 $94 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $700/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Luxury Vinyl Tile Flooring
  • Porch
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2024

BRICK HOME IN MELBOURNE!! This 3 bedroom, 2 bath home features a large living area with a wood burning fireplace, and an open kitchen/dining area with all appliances included. All bedrooms are spacious with the master bedroom having an attached full bathroom. There is a 1 vehicle garage with storage space, small back yard making it easy to manage, and a front porch. Several updates have been made throughout the home including new paint, flooring, and HVAC system. This home is conveniently located off a paved street with easy access to town for all the local necessities.

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 06/25/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Cherrilyn Matson

Century 21 Portfolio SRAB

Century 21 Portfolio SRAB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $756

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$756

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Guttering
  • Inside City Limits: Yes
  • LVT Date: 06/25/2024
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1985
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1350
  • Bedrooms: 3
  • Floors: Carpet, Luxury Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, One Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 0.16
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 756
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Nov 19, 2024
Sold by
Bruyette Candice Marie and Bruyette Brandon George
Bought by
Lambert Willie and Hamm Carol
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Cherrilyn Matson
Century 21 Portfolio SRAB
List Price
$139,900
Sold Price
$127,494
Premium/Discount to List
-$12,406
-8.87%
Views
32
Current Estimated Value
$131,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,552
Avg. Annual Appreciation
2.48%
Original Mortgage
$125,184
Outstanding Balance
$123,843
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$7,203

Purchase Details

Closed on
Nov 8, 2019
Sold by
Wheeler Michael
Bought by
Bruyette Candice Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,797
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Lambert Willie $127,494 None Listed On Document
Bruyette Candice Marie $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Willie $125,184
Previous Owner Bruyette Candice Marie $79,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $127,494 +2.1% $94 / Sq Ft
09/06/2024 09/06/24 Price Changed $124,900 -5.7% $93 / Sq Ft
07/24/2024 07/24/24 Price Changed $132,500 -5.3% $98 / Sq Ft
06/25/2024 06/25/24 For Sale $139,900 -- $104 / 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 $156 $15,150 $400 $14,750
2024 $756 $15,150 $400 $14,750
2023 $756 $15,150 $400 $14,750
2022 $756 $15,150 $400 $14,750
2021 $736 $15,150 $400 $14,750
2020 $669 $13,410 $500 $12,910
2019 $294 $13,410 $500 $12,910
2018 $319 $13,410 $500 $12,910
2017 $669 $13,410 $500 $12,910
2016 $319 $13,410 $500 $12,910
2015 -- $13,270 $500 $12,770
2014 -- $13,270 $500 $12,770
2013 -- $13,270 $500 $12,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24022281

Cooperative Arkansas REALTORS® MLS

APN: 485-00094-000