NOT LISTED FOR SALE

3062 E Main St Melbourne, AR 72556

Estimated Value: $44,000 - $104,139

3 Beds
1 Bath
1,278 Sq Ft
$61/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $40,000 $31 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $453/month

127 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Paneling
  • Traditional Architecture
  • Porch
  • Community Playground

About This Home

As of January 2023

Home on 3.5acres outside of Melbourne! This home has endless possibilities and tons of potential. It features 3 bedrooms, 1 bathroom, large living area, original hardwood floors, well, and access to city water. Call for more details! Being Sold AS IS.

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 08/29/2022

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Braden Tate

Re/Max Edge Realty Melbourne

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $353

Lot Details

  • 3.5 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Farming

  • Livestock

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

Amenities

  • Picnic Area

Recreation

  • Golf Course Community
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$353

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Outside Storage Area
  • Inside City Limits: Yes
  • LVT Date: 08/29/2022
  • Price Per Sq Ft: 31.3
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1278
  • Bedrooms: 3
  • Floors: Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Electric Range, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling

Exterior Features

  • Exterior: Stone
  • Roof: Metal

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Window Units, Space Heater-Gas

Condo/Co-op/Association

  • Amenities: Playground, Picnic Area, Golf Course, Fitness/Bike Trail

Lot Info

  • Estimated Lot Size: 3.5
  • Estimated Lot Size: 3.5
  • Farmranch: Livestock Allowed
  • Lot: Sloped, Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 353
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Dec 30, 2022
Sold by
Gifford Pamela
Bought by
Morris Marshall
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Braden Tate
Re/Max Edge Realty Melbourne
List Price
$169,900
Sold Price
$40,000
Premium/Discount to List
-$129,900
-76.46%
Views
82
Current Estimated Value
$78,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,535
Avg. Annual Appreciation
27.03%
Original Mortgage
$33,497
Outstanding Balance
$3,050
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$75,485

Purchase Details

Closed on
Sep 13, 2017
Sold by
Morgan Floy
Bought by
Gifford Gary and Gifford Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,974
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Morris Marshall $40,000 --
Morris Marshall $40,000 None Listed On Document
Gifford Gary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Marshall $33,497
Closed Morris Marshall $33,497
Previous Owner Gifford Gary $25,974
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Sold $40,000 -33.2% $31 / Sq Ft
12/14/2022 12/14/22 Price Changed $59,900 -60.0% $47 / Sq Ft
10/26/2022 10/26/22 Price Changed $149,900 -3.0% $117 / Sq Ft
09/23/2022 09/23/22 Price Changed $154,500 -9.1% $121 / Sq Ft
08/29/2022 08/29/22 For Sale $169,900 -- $133 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $501 $10,030 $4,610 $5,420
2024 $501 $10,030 $4,610 $5,420
2023 $334 $6,700 $1,280 $5,420
2022 $343 $6,870 $1,450 $5,420
2021 $315 $6,870 $1,450 $5,420
2020 $286 $5,730 $1,030 $4,700
2019 $283 $5,730 $1,030 $4,700
2018 $259 $5,730 $1,030 $4,700
2017 $235 $5,730 $1,030 $4,700
2016 $11 $5,830 $1,130 $4,700
2015 -- $5,630 $890 $4,740
2014 -- $5,630 $890 $4,740
2013 -- $5,630 $890 $4,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22029438

Cooperative Arkansas REALTORS® MLS

APN: 519-00014-000