2325 Fout Rd Gamaliel, AR 72537
Estimated payment $5,142/month
Highlights
- Living Room with Fireplace
- Ranch Style House
- Central Heating and Cooling System
- Pinkston Middle School Rated A-
- No HOA
About This Home
Don't miss out on this incredible opportunity to own a thriving resort nestled on 4.5+/- acres along the pristine shores of Lake Norfork. This turn-key property boasts a beautifully remodeled owner's home with 3 bedrooms, 2 full baths, and a cozy wood-burning fireplace. Conveniently attached is a spacious convenience store, serving as the last stop before the nearby Fout Boat Dock and public swimming area.
The resort features 8 meticulously remodeled cabins and 2 remodeled mobile homes (cabins), offering comfort and charm to guests. Additionally, there are 13 RV spots, ensuring plenty of accommodation options for visitors. 12 of those spots are already booked year round, providing guaranteed income. Guests can enjoy amenities such as a playground, laundry facilities, and an inviting in-ground pool. A large deck provides a perfect spot for relaxation and social gatherings amidst stunning lake views.
Situated just minutes from Mountain Home, and a stone's throw from lake access points, this property promises unlimited potential for both business and pleasure.
Listing Agent
United Country-Cozort Realty, Inc. License #2006036574 Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,056
Year Built
- Built in 1978
Lot Details
- 4.5 Acre Lot
Home Design
- Ranch Style House
Interior Spaces
- 1,015 Sq Ft Home
- Living Room with Fireplace
Bedrooms and Bathrooms
- 17 Bedrooms
- 13 Full Bathrooms
Schools
- Mountain Home Elementary School
- Mountain Home High School
Utilities
- Central Heating and Cooling System
- Private Company Owned Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 001-02531-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,100 | $79,920 | $3,600 | $76,320 |
| 2023 | $2,056 | $79,920 | $3,600 | $76,320 |
| 2022 | $1,987 | $79,920 | $3,600 | $76,320 |
| 2021 | $1,867 | $52,960 | $3,600 | $49,360 |
| 2020 | $1,844 | $52,960 | $3,600 | $49,360 |
| 2019 | $1,795 | $52,960 | $3,600 | $49,360 |
| 2018 | $1,766 | $52,960 | $3,600 | $49,360 |
| 2017 | $1,372 | $47,780 | $3,600 | $44,180 |
| 2016 | $1,243 | $36,480 | $4,500 | $31,980 |
| 2015 | $1,303 | $36,480 | $4,500 | $31,980 |
| 2014 | $1,243 | $36,480 | $4,500 | $31,980 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Price Changed | $889,900 | -1.1% | $877 / Sq Ft |
| 09/03/2024 09/03/24 | For Sale | $899,900 | -- | $887 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,500 | None Available | |
| Warranty Deed | $375,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $358,905 | Future Advance Clause Open End Mortgage | |
| Closed | $9,500 | Purchase Money Mortgage |
Source: Southern Missouri Regional MLS
MLS Number: 60276919
APN: 001-02531-000
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