NOT LISTED FOR SALE

2583 Madison 6555 Huntsville, AR 72740

Estimated Value: $147,000 - $302,587

10 Acres
$25,740 Price per Acre
435,600 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $80,000 $45 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,629/month

69 Days on Market

Highlights

  • Home fronts a pond
  • Pond
  • Wire Fence
  • Secluded Lot

About This Lot

As of March 2023

Perfectly located adjacent to town but technically out of city limits, this property boasts so much potential. Build a home, hay the field, or just play--this property is just right for it. Located over the hill off the road, this open field promises privacy and seclusion while still sitting close enough to potentially bring in utilities. House at the address is not selling, nor the front acreage, but will be surveying off +/- 10 acres behind the house with guaranteed easement for access. Almost entirely open with a very deep, well-stocked pond. Don't miss this property; it's so well-located!

Last Agent to Sell the Property

Stewart Hawkins

Smith and Associates Real Estate Services License #EB00080725 Listed on: 12/13/2022

Last Buyer's Agent

Stewart Hawkins

Smith and Associates Real Estate Services License #EB00080725 Listed on: 12/13/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $503

Lot Details

  • 10 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Dirt Road
  • Wire Fence
  • Secluded Lot
  • Interior Lot
  • Open Lot

Home Design

  • Mixed Use

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Pond
  • Outside City Limits
  • Mobile Home Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$503

Lot Details

0

Listing Details

  • Property Sub Type: Mixed Use
  • Prop. Type: Land
  • Lot Size Acres: 10.0
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Dirt
  • Directions: From Huntsville, follow AR-74 west out of town. Take a Left, south, onto Airport Road. Take a left at the first junction, following the road past to Recycling Center to the T in the road at Madison 6555. Follow left to house address. Call for specifics.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Mixed Use
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Fenced, Wire
  • Lot Features: Interior Lot, Mobile Home Allowed, Outside City Limits, Open Lot, Secluded, Pond
  • Topography: Cleared,Rolling
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Water Source: Not Connected (nearby), Public, Other, See Remarks, Well Needed

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 503.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Reynolds Vercie and The Vercie Reynolds Revocable
Bought by
Douglas Walter Robert and Douglas Linda Parker
Current Estimated Value
$292,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Outstanding Balance
$51,740
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,185

Purchase Details

Closed on
Aug 4, 2008
Sold by
Reynolds Vercie and Reynolds Jackaray
Bought by
Reynolds Vercie

Purchase Details

Closed on
Jan 1, 1997
Bought by
Reynolds Jackaray
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
Douglas Walter Robert $90,000 None Available
Reynolds Vercie -- --
Reynolds Jackaray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Walter Robert $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $80,000 -20.0% $45 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
12/13/2022 12/13/22 For Sale $100,000 -- $56 / 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 $364 $46,630 $7,240 $39,390
2023 $439 $27,230 $3,230 $24,000
2022 $503 $27,540 $3,540 $24,000
2021 $503 $27,540 $3,540 $24,000
2020 $525 $22,240 $2,970 $19,270
2019 $525 $22,240 $2,970 $19,270
2018 $472 $22,260 $2,990 $19,270
2017 $470 $22,260 $2,990 $19,270
2016 $472 $22,260 $2,990 $19,270
2015 $466 $19,797 $2,125 $17,672
2014 -- $19,797 $2,125 $17,672
2013 -- $21,520 $2,970 $18,550
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stewart Hawkins

    Smith and Associates Real Estate Services

    (479) 287-3544

    35 Total Sales

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1235112

Northwest Arkansas Board of REALTORS®

APN: 001-08030-000

Arkansas Madison County Huntsville 72740

2583 Madison 6555, Huntsville, AR

This home is located at 2583 Madison 6555, Huntsville, AR 72740 since 13 December 2022 and is currently estimated at $257,397, approximately $143 per square foot. 2583 Madison 6555 is a home located in Madison County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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