$163,000
SOLD AUG 15, 2024

1931 Melrose Loop Locust Grove, AR 72550

2 Beds
1 Bath
988 Sq Ft
1.2 Acres

Recently Sold

$165 Per Sq Ft

24% Below List Price

163 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 3 Car Detached Garage
  • Traditional Architecture
  • Sun or Florida Room
  • Laundry Room

About This Home

As of August 2024

Charming 2 Bed, 1 Bath Home on 1.20 Acres in Locust Grove, Arkansas** Welcome to 1931 Melrose Loop, a delightful country home ideally situated between Mountain View and Batesville, offering an easy commute to either town. This property, listed at $170,000, boasts a serene lifestyle on 1.20 acres. Built in 1978 and completely renovated in 2021, this 988 sq ft home features upgraded wiring, plumbing, spray foam insulation, and HVAC. Enjoy the tranquility with breathtaking mountain views and the spacious feel created by large surrounding farms. Inside, find oak hardwood flooring, vinyl in the kitchen, and tiled bathroom. The sunroom at the back is perfect for relaxation. The living room is equipped with a propane fireplace for cozy evenings. Additional features include a 22 x 24 detached shop/garage with walk-through and roll-up doors, providing ample storage. The HVAC system is a heat pump for year-round comfort. For outdoor enthusiasts, a White River access point is just 7 miles away. The property also includes the walls and concrete floors of an historic church/schoolhouse, offering a unique space for summertime activities. Call for details. Now with Fiber Internet

Last Agent to Sell the Property

Georgie Church

United Country Diamond G Realty Listed on: 02/01/2024

Last Buyer's Agent

Connie Leonard

Compass Rose Realty,LLC - Little Rock Branch

Compass Rose Realty,LLC - Little Rock Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $430

Year Built

  • Built in 1978

Lot Details

  • 1.2 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Spray Foam Insulation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Mountain Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Car Detached Garage
  • Carport

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Heat Pump System
  • Butane Gas
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$430

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Partially Fenced, Shop
  • LVT Date: 02/04/2024
  • Price Per Sq Ft: 164.98
  • Road Surface: Gravel
  • Street Designation: Loop
  • Third Party Exports: Daily Record
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1978
  • Internet Type: Internet-DSL
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Uses Gas Logs Only
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 988
  • Bedrooms: 2
  • Floors: Wood, Vinyl, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer-Stays, Dryer Connection-Electric, Water Heater-Gas, Kit Counter-Formica
  • Kitchen Equip: Gas Range, Dishwasher, Refrigerator-Stays, Ice MacHine
  • Other Rooms: Den/Family Room, Sun Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Carport, Three Car, Detached

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Heat Pump

Lot Info

  • Estimated Lot Size: 1.2
  • Estimated Lot Size: 1.20 acres
  • Lot: Level, Rural Property, Cleared, Not In Subdivision, Mountain View
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Extra Insulation
  • Green Features: Spray Foam Insulation

Tax Info

  • Annual Taxes: 430

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $163,000 -4.1% $165 / Sq Ft
04/20/2024 04/20/24 Price Changed $170,000 -8.1% $172 / Sq Ft
03/12/2024 03/12/24 Price Changed $185,000 -7.0% $187 / Sq Ft
02/27/2024 02/27/24 Price Changed $199,000 -7.4% $201 / Sq Ft
02/01/2024 02/01/24 For Sale $215,000 -- $218 / 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 $419 $15,970 $4,750 $11,220
2023 $386 $15,970 $4,750 $11,220
2022 $389 $15,970 $4,750 $11,220
2021 $356 $15,970 $4,750 $11,220
2020 $294 $9,240 $4,370 $4,870
2019 $129 $9,240 $4,370 $4,870
2018 $129 $9,240 $4,370 $4,870
2017 $129 $9,240 $4,370 $4,870
2016 -- $9,240 $4,370 $4,870
2015 -- $7,690 $3,300 $4,390
2014 -- $7,690 $3,300 $4,390
2013 -- $16,050 $3,690 $12,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24003609

Cooperative Arkansas REALTORS® MLS

APN: 001-00162-000