NOT LISTED FOR SALE

21155 Mount Olive Rd Elkins, AR 72727

Estimated Value: $285,000 - $351,000

3 Beds
2 Baths
1,483 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $157,500 $106 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,778/month

24 Days on Market

Highlights

  • 3.11 Acre Lot
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Traditional Architecture
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of April 2016

Super cute 1483 sq ft home on 3.11 acres features 3 bedrooms, 2 bathrooms, 2 car garage, eat-in kitchen, spacious living area, chain link fenced-in backyard, covered patio, and much more! Property has room for animals and/or a garden! This great property won't last long!

Last Agent to Sell the Property

Clinton Penzo

RE/MAX Associates, LLC License #SA00058146 Listed on: 03/11/2016

RE/MAX Associates,  LLC

Co-Listed By

Allison Penzo

RE/MAX Associates, LLC License #SA00069452

Last Buyer's Agent

Valerie Waldrop

Keller Williams Market Pro Realty - Siloam Springs License #EB00060725

Keller Williams Market Pro Realty - Siloam Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 2004

Lot Details

  • 3.11 Acre Lot
  • Lot Dimensions are 131x179x438x309x430
  • Property fronts a highway
  • Rural Setting
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Outside City Limits

Community Details

  • Spring Valley Estates Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.11
  • Lot Size: 131x179x438x309x430
  • Road Frontage Type: County Road, Highway, Public Road
  • Co List Office Mls Id: 1252
  • Co List Office Phone: 479-684-5757
  • Subdivision Name: Spring Valley Estates
  • Directions: Take Hwy 16 from Fayetteville east to Elkins, turn Northeast onto Mt. Olive for approx 2.5 miles, Home is on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 1483.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: Landscaped, Level, Outside City Limits, Open Lot, Rural Lot, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available

Schools

  • Junior High Dist: Elkins

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1445.0
  • Tax Block: .
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Mar 28, 2016
Sold by
U S National Association
Bought by
Redfeather Tk and Redfeather Vicki L
Seller's Agent
Clinton Penzo
RE/MAX Associates, LLC
Buyer's Agent
Valerie Waldrop
Keller Williams Market Pro Realty - Siloam Springs
List Price
$120,000
Sold Price
$157,500
Premium/Discount to List
$37,500
31.25%
Current Estimated Value
$322,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,137
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Cme Quality Homes Llc
Bought by
Dorse Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Matlock Inc
Bought by
Affiliated Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2003
Sold by
Affiliated Investors Inc
Bought by
Cme Quality Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
5.51%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Redfeather Tk $157,500 None Available
Dorse Thomas C $123,000 Lenders
Affiliated Investors Inc $8,000 Lenders Title Company
Cme Quality Homes Llc $18,000 Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dorse Thomas C $116,850
Previous Owner Cme Quality Homes Llc $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2016 04/05/16 Sold $157,500 +31.3% $106 / Sq Ft
03/11/2016 03/11/16 For Sale $120,000 -- $81 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $890 $55,420 $15,750 $39,670
2024 $990 $55,420 $15,750 $39,670
2023 $1,101 $55,420 $15,750 $39,670
2022 $1,151 $35,500 $8,050 $27,450
2021 $1,151 $35,500 $8,050 $27,450
2020 $1,151 $35,500 $8,050 $27,450
2019 $1,084 $28,780 $6,130 $22,650
2018 $1,109 $28,780 $6,130 $22,650
2017 $1,095 $28,780 $6,130 $22,650
2016 $1,445 $28,780 $6,130 $22,650
2015 $1,025 $28,780 $6,130 $22,650
2014 $1,025 $27,391 $4,121 $23,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1010973

Northwest Arkansas Board of REALTORS®

APN: 465-00002-000