NOT LISTED FOR SALE

270 Madison 5543 Elkins, AR 72727

Estimated Value: $152,594 - $275,000

1 Bed
1 Bath
1,200 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $64,000 $53 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,110/month

238 Days on Market

Highlights

  • RV Access or Parking
  • Wooded Lot
  • Circular Driveway
  • Secluded Lot
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of May 2012

30 x 60 Shop with 600 sq ft apt the rear. 2 RV hook ups. One inside the shop and one hok up behind shop. Rural water, electric, central heat, window a/c unit, full kitchen, bath and utility area. Storage building. Quiet country setting.,Very private and easy to reach. Survey. Electric water heater. Septic system in place.

Last Agent to Sell the Property

Rebecca Lynn

Rebecca Lynn & Associates Realty License #PB00063958 Listed on: 08/22/2011

Last Buyer's Agent

Dave Hodges

Keller Williams Market Pro Realty License #EB00047923

Keller Williams Market Pro Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $201

Year Built

  • Built in 2003

Lot Details

  • 16 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Rural Setting
  • Secluded Lot
  • Steep Slope
  • Wooded Lot
  • Zoning described as Agricultural

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Concrete Flooring
  • Electric Range
  • Washer and Dryer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Circular Driveway
  • RV Access or Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 28 14 27 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$201

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 16.0
  • Lot Size: x
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: 28-14-27
  • Directions: Highway 16 East to Patrick, L on Madison 5201, .4 mile at "Y" go R, .4 mile to L of Mad. 5540' 1 mile to R on Private Drive 5543, approx ,1 mile to drive, 3rd R after turn onto Private Drive 5543. If you pass large rock that says Kauffman you passed it
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 1200.0
  • Window Features: Double Pane Windows, Vinyl

Exterior Features

  • Fencing: None
  • Lot Features: Not In Subdivision, Outside City Limits, Rural Lot, Steep Slope, Secluded, Sloped, Views, Wooded
  • Pool Features: None
  • View: Yes
  • Waterfront Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Metal Siding
  • Exterior Features: Concrete Driveway, Unpaved Driveway
  • Foundation Details: Slab
  • Other Structures: Storage, Workshop
  • Roof: Metal

Garage/Parking

  • Parking Features: Circular Driveway, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Utilities: Electricity Available, Propane, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning Description: Agricultural

Tax Info

  • Tax Annual Amount: 201.0
  • Tax Block: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2011
Closed on
May 18, 2012
Sold by
Estes Jeremiah A and Estes Kasey Lynn
Bought by
Hansen Scott
Seller's Agent
Rebecca Lynn
Rebecca Lynn & Associates Realty
Buyer's Agent
Dave Hodges
Keller Williams Market Pro Realty
List Price
$69,000
Sold Price
$64,000
Premium/Discount to List
-$5,000
-7.25%
Current Estimated Value
$203,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,899
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Sep 3, 2008
Sold by
Daniels Melvin G and Daniels Carrie R
Bought by
Estes Jeremiah A and Estes Kasey Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2007
Sold by
Daniels Melvin G and Daniels Carrie R
Bought by
Daniels Melvin G and Daniels Carrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,531
Interest Rate
6.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 26, 2007
Sold by
Kauffman Roy G and Kauffman Nancy L
Bought by
Daniels Melvin G and Daniels Carrie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,047
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Bought by
Kauffman Roy G

Purchase Details

Closed on
Jan 24, 2000
Bought by
Karimi Ali

Purchase Details

Closed on
Feb 5, 1999
Bought by
Caler Kevin L

Purchase Details

Closed on
Nov 2, 1998
Bought by
Grant Reiland Ii Reiland Hein and %Sue Grant

Purchase Details

Closed on
Jan 1, 1997
Bought by
Reiland William J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Hansen Scott $64,000 None Available
Estes Jeremiah A $65,666 --
Daniels Melvin G -- --
Daniels Melvin G -- --
Kauffman Roy G $13,300 --
Karimi Ali $14,000 --
Caler Kevin L -- --
Grant Reiland Ii Reiland Hein -- --
Reiland William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estes Jeremiah A $65,000
Previous Owner Daniels Melvin G $52,531
Previous Owner Daniels Melvin G $67,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Off Market $64,000 -- --
05/18/2012 05/18/12 Sold $64,000 -7.2% $53 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
08/23/2011 08/23/11 For Sale $69,000 -- $58 / 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 $402 $12,050 $1,090 $10,960
2024 $369 $12,050 $1,090 $10,960
2023 $339 $7,450 $930 $6,520
2022 $339 $7,450 $930 $6,520
2021 $338 $7,450 $930 $6,520
2020 $307 $6,750 $960 $5,790
2019 $307 $6,750 $960 $5,790
2018 $281 $6,750 $960 $5,790
2017 $277 $6,750 $960 $5,790
2016 $275 $6,750 $960 $5,790
2015 $250 $6,010 $990 $5,020
2014 -- $6,010 $990 $5,020
2013 -- $6,010 $990 $5,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 639827

Northwest Arkansas Board of REALTORS®

APN: 001-02747-000