NOT LISTED FOR SALE

2885 S Oak Hill St Siloam Springs, AR 72761

Estimated Value: $247,000 - $322,000

4 Beds
2 Baths
1,789 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $246,500 $138 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,651/month

82 Days on Market

Highlights

  • 1.75 Acre Lot
  • Wood Burning Stove
  • No HOA
  • Deck
  • Wooded Lot
  • Ceramic Tile Flooring

About This Home

As of November 2022

Spacious 4 bedroom, 2 bath home with a fenced backyard on 2 lots equaling 1.75 Acres. Home sits on a dead end street and backs up to a secluded and wooded ravine. This home is perfect for the nature lover that enjoys peace and quiet. Several newer components, including the HVAC system (2019), Wood Burning Stove (2020), Shed (2020) and deck (2021).

Last Agent to Sell the Property

Jennifer Freeman

Encompass Real Estate License #PB00068329 Listed on: 07/23/2022

Co-Listed By

Christopher Freeman

Encompass Real Estate License #SA00091659

Last Buyer's Agent

Mitzi Taylor

EXIT Taylor Real Estate License #PB00050303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1988

Lot Details

  • 1.75 Acre Lot
  • Back Yard Fenced
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Masonite

Interior Spaces

  • 1,789 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Thomas & Barnes Add Siloam Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$852

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.75
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 130000435
  • Co List Office Phone: 479-579-9589
  • Subdivision Name: Thomas & Barnes Add Siloam Spgs
  • Directions: From Hwy 412, Turn South on Elm Street, Turn Right on Raines Road, Turn South on Oak Hill St.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1988
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Split Bedrooms
  • Living Area: 1789.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared, None, Sloped, Wooded
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Masonite
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Deck
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Additional Parcels Description: 03-04267-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 852.0
  • Tax Block: 2
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Nov 14, 2022
Sold by
Allen Richard D
Bought by
Taylor Brittany L
Seller's Agent
Jennifer Freeman
Encompass Real Estate
Buyer's Agent
Mitzi Taylor
EXIT Taylor Real Estate
List Price
$275,000
Sold Price
$246,500
Premium/Discount to List
-$28,500
-10.36%
Views
27
Current Estimated Value
$275,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,838
Avg. Annual Appreciation
2.47%
Original Mortgage
$242,034
Outstanding Balance
$235,715
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$27,838

Purchase Details

Closed on
Oct 30, 2020
Sold by
Benson Meriam E
Bought by
Terry J Benson Trust

Purchase Details

Closed on
Sep 17, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Sorum Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,171
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2010
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 25, 2010
Sold by
Payne John and Payne Diana
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 15, 2004
Bought by
Dubois

Purchase Details

Closed on
Sep 10, 2004
Bought by
Dubois

Purchase Details

Closed on
May 14, 2004
Bought by
Davis Tr
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
Taylor Brittany L $246,500 Realty Title
Terry J Benson Trust -- City Title & Closing
Sorum Jeri -- Professional Land Title Comp
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $80,399 None Available
Dubois $111,000 --
Dubois $111,000 --
Davis Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Brittany L $242,034
Previous Owner Sorum Jeri $42,171
Previous Owner Dubois Diane L $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $246,500 -0.4% $138 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
08/26/2022 08/26/22 Price Changed $247,500 -1.0% $138 / Sq Ft
08/11/2022 08/11/22 Price Changed $250,000 -2.0% $140 / Sq Ft
08/05/2022 08/05/22 Price Changed $255,000 -5.4% $143 / Sq Ft
08/01/2022 08/01/22 Price Changed $269,500 -2.0% $151 / Sq Ft
07/23/2022 07/23/22 For Sale $275,000 +121.8% $154 / Sq Ft
12/22/2014 12/22/14 Sold $124,000 -0.8% $70 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $125,000 -- $71 / 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 $1,726 $42,633 $8,400 $34,233
2023 $1,644 $28,540 $7,200 $21,340
2022 $914 $28,540 $7,200 $21,340
2021 $852 $28,540 $7,200 $21,340
2020 $798 $20,360 $2,400 $17,960
2019 $774 $20,360 $2,400 $17,960
2018 $751 $20,360 $2,400 $17,960
2017 $656 $20,360 $2,400 $17,960
2016 $656 $20,360 $2,400 $17,960
2015 $958 $16,630 $1,930 $14,700
2014 $958 $16,630 $1,930 $14,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1225031

Northwest Arkansas Board of REALTORS®

APN: 03-03298-000