NOT LISTED FOR SALE

203 Riva Ridge Ln Salem, AR 72576

Estimated Value: $482,000 - $621,000

5 Beds
3 Baths
3,140 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $545,000 $174 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,202/month

296 Days on Market

Highlights

  • Safe Room
  • River View
  • Stream or River on Lot
  • Salem Elementary School Rated A-
  • Craftsman Architecture
  • Bonus Room

About This Home

As of August 2023

River Home in the Ozarks. Impeccable 5 bedroom 3 bath home on the Southfork River in town yet private, secluded setting. This craftsman features a walkout basement on 5.37 acres with your own access to Southfork River. Open kitchen has granite countertops and all newer appliances. Interior is immediately welcoming with a large open foyer. The great room has a wall of windows with stunning river views or relax on either of the two screened in porches or rear deck and you may catch eagles soaring over the river. Large master bed and bath with soaking tub and also a walk in shower. 1,594 sq feet upstairs on full finished basement that features a concrete safe room and another kitchen area. House features two kitchens, two laundry rooms, 460 sq feet of screened in porches, and a 865 sq foot, three bay garage. Property also includes a 1,200 sq foot insulated shop with water and heat/air. Beautifully landscaped and well maintained property. Don’t miss this opportunity schedule your private tour today!

Last Agent to Sell the Property

Jason Miller

United Country Moody Realty, Inc. Listed on: 10/03/2022

Last Buyer's Agent

Jason Miller

United Country Moody Realty, Inc. Listed on: 10/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 2008

Lot Details

  • 5.37 Acre Lot
  • River Front
  • Landscaped
  • Lot Sloped Down
  • Cleared Lot

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Architectural Shingle Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • River Views
  • Safe Room

Kitchen

  • Built-In Double Oven
  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Stream or River on Lot

Utilities

  • Heat Pump System
  • Underground Utilities
  • Co-Op Electric
  • Butane Gas
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Craftsman
  • Inside City Limits: Yes
  • LVT Date: 10/03/2022
  • Price Per Sq Ft: 173.57
  • River: Yes
  • River Name: South Fork
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Rural Residential
  • Estimated Year Built: 2008
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 3140
  • Basement: Full, Finished, Outside Access/Walk-Out, Heated, Cooled
  • Bedrooms: 5
  • Floors: Carpet, Vinyl, Laminate
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Wired For Highspeed Inter, Kit Counter- Granite Slab
  • Kitchen Equip: Built-In Stove, Double Oven, Electric Range, Dishwasher, Disposal, Trash Compactor, Refrigerator-Stays, Ice Maker Connection, Wall Oven
  • Other Rooms: Great Room, Den/Family Room, Office/Study, In-Law Quarters, Workshop/Craft, Bonus Room, Laundry, Basement, Safe/Storm Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Rock & Frame
  • Roof: Architectural Shingle
  • Waterfront: River

Garage/Parking

  • Parking: Garage, Three Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Cable, All Underground
  • Heat Air: Heat Pump

Lot Info

  • Estimated Lot Size: 5.37
  • Estimated Lot Size: 5.37 acres m/l
  • Lot: Sloped, River Front, River View, Cleared, Extra Landscaping, Not In Subdivision, River/Lake Area, Down Slope
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Aug 21, 2023
Bought by
Howell Justin S
Seller's Agent
Jason Miller
United Country Moody Realty, Inc.
Buyer's Agent
Jason Miller
United Country Moody Realty, Inc.
List Price
$599,999
Sold Price
$545,000
Premium/Discount to List
-$54,999
-9.17%
Views
198
Current Estimated Value
$555,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,841
Avg. Annual Appreciation
-0.32%
Source: Public Records

Range of Values:

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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
Howell Justin S $545,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $545,000 -2.5% $174 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $559,000 -1.9% $178 / Sq Ft
11/18/2022 11/18/22 Price Changed $569,900 -5.0% $181 / Sq Ft
10/03/2022 10/03/22 For Sale $599,999 -- $191 / 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 $1,898 $45,700 $2,710 $42,990
2023 $1,816 $45,700 $2,710 $42,990
2022 $1,441 $45,700 $2,710 $42,990
2021 $1,358 $45,700 $2,710 $42,990
2020 $1,651 $38,840 $2,310 $36,530
2019 $1,276 $38,840 $2,310 $36,530
2018 $1,651 $38,840 $2,310 $36,530
2017 $1,651 $38,840 $2,310 $36,530
2016 $1,301 $38,840 $2,310 $36,530
2015 -- $47,700 $2,310 $45,390
2014 -- $42,510 $2,310 $40,200
2013 -- $42,510 $2,310 $40,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22033161

Cooperative Arkansas REALTORS® MLS

APN: 890-27588-000