NOT LISTED FOR SALE

254 Madison 5553 Huntsville, AR 72740

Estimated Value: $125,000 - $188,000

3 Beds
1 Bath
1,611 Sq Ft
$92/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $21,000 $13 Per Sq Ft

Est. 600% increase in value since last sale

Current estimated payment $831/month

124 Days on Market

Highlights

  • Home fronts a pond
  • Partially Fenced Property
  • No Heating
  • Porch
  • Vinyl Flooring
  • 1-Story Property

About This Home

As of December 2015

Fixer upper on 6 acres, secluded country living. HUD OWNED PROPERTY MANAGED BY www.mmrem.com. Property is sold "as-is" CASE# 031-369525. For more information and to place bids go to www.hudhomestore.com or call the listing agent. Keyed to HUD master key

Last Agent to Sell the Property

Jason Wiles

McNaughton Real Estate License #SA00054714 Listed on: 06/29/2015

Last Buyer's Agent

Sheila Vines

Owens Realty and Auction License #SA00065422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318

Year Built

  • Built in 1975

Lot Details

  • 6.22 Acre Lot
  • Home fronts a pond
  • Partially Fenced Property

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Porch
  • Outside City Limits

Home Details

Home Type

Single Family

Est. Annual Taxes

$318

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.22
  • Lot Size: 0
  • Road Frontage Type: Public Road
  • Subdivision Name: 0
  • Directions: From Elkins, Hwy 74 past Wesley to RIGHT on hwy 295 to LEFT on Madison 5320, to RIGHT on Madison 5551, to LEFT on Madison 5553. Property on Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1975
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: None
  • Living Area: 1611.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial
  • Lot Features: Outside City Limits
  • Waterfront Features: Pond
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available
  • Water Source: None

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Nov 24, 2015
Sold by
Secretary Of Hud
Bought by
Smith David and Smith Sheila
Seller's Agent
Jason Wiles
McNaughton Real Estate
Buyer's Agent
Sheila Vines
Owens Realty and Auction
List Price
$54,000
Sold Price
$21,000
Premium/Discount to List
-$33,000
-61.11%
Current Estimated Value
$146,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,979
Avg. Annual Appreciation
23.56%

Purchase Details

Closed on
Sep 17, 2014
Sold by
Wells Fargo Bank
Bought by
Secretary Of Urd

Purchase Details

Closed on
Feb 4, 2014
Sold by
Caswell Timothy C and Caswell Marilyn J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 10, 1997
Bought by
Caswell Timothy C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith David $21,000 None Available
Secretary Of Urd -- None Available
Wells Fargo Bank Na $73,272 None Available
Caswell Timothy C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caswell Timothy C $89,234
Previous Owner Caswell Tim $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $21,000 -61.1% $13 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $54,000 -- $34 / 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
2024 $318 $9,870 $1,300 $8,570
2023 $289 $6,420 $1,060 $5,360
2022 $289 $6,420 $1,060 $5,360
2021 $269 $6,420 $1,060 $5,360
2020 $245 $5,430 $1,350 $4,080
2019 $245 $5,430 $1,350 $4,080
2018 $7 $7,330 $1,350 $5,980
2017 $6 $7,330 $1,350 $5,980
2016 $7 $7,330 $1,350 $5,980
2015 $297 $7,210 $1,290 $5,920
2014 -- $7,210 $1,290 $5,920
2013 -- $7,210 $1,290 $5,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 737552

Northwest Arkansas Board of REALTORS®

APN: 001-01925-000