NOT LISTED FOR SALE

307 Wallace St Prairie Grove, AR 72753

Estimated Value: $356,000 - $542,000

4 Beds
3 Baths
3,087 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $167,500 $54 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,506/month

201 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Attic
  • Wood Burning Stove
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2018

This 4 bedroom 3 bath is one of the best deals on the market! Lots of updates for comfortable living in this historic home. Hardwood floors, tall ceilings, lots of windows for natural lighting, and all the space you could ever want! Eat in kitchen, formal dining, wraparound porch, and the list goes on! Come see this amazing deal for yourself and make your dream a reality of owning your own victorian home!

Last Agent to Sell the Property

Jason Smith

Smith and Associates Real Estate Services License #PB00057418 Listed on: 08/15/2017

Last Buyer's Agent

Mark Hornback

Gibson Real Estate License #SA00082100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1916

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,087 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Blinds
  • Living Room with Fireplace
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Carnahans Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Frontage Type: Public Road
  • Subdivision Name: Carnahans
  • Directions: Take Exit 62 (MLK/Farmington) off I-49. Head West towards Farmington/Prarie Grove. In 8 miles turn right onto E. Douglas St. Turn left onto E McCormick St in 1 mile. Take quick right onto Wallace St, the home is on your left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1916
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), None, Pantry, Split Bedrooms, Walk-In Closet(s), Wood Burning Stove
  • Living Area: 3087.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Lot Features: Landscaped
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Roof: Asphalt, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Wood Stove
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1520.0
  • Tax Block: 2
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Apr 4, 2018
Sold by
Chouinard Donna L and Chouinard Ronald A
Bought by
Hornback Mark and Stone Hornback Debra
Seller's Agent
Jason Smith
Smith and Associates Real Estate Services
Buyer's Agent
Mark Hornback
Gibson Real Estate
List Price
$190,000
Sold Price
$167,500
Premium/Discount to List
-$22,500
-11.84%
Current Estimated Value
$454,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,241
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
May 27, 2003
Sold by
Layman James Richard and Layman Jessie Wylene
Bought by
Chouinard Ronald A and Chouinard Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1994
Bought by
Layman James Richard and Layman Jessie W

Purchase Details

Closed on
Jun 30, 1993
Bought by
Farmers and Prairie Grove, Ar

Purchase Details

Closed on
Jan 1, 1985
Bought by
Couch Lee and Couch Lucille
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hornback Mark $167,500 Waco Title Co
Chouinard Ronald A $181,000 Waco Title Company
Layman James Richard $75,000 --
Farmers -- --
Couch Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chouinard Ronald A $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $167,500 -11.8% $54 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
08/15/2017 08/15/17 For Sale $190,000 -- $62 / 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 $1,310 $78,110 $11,900 $66,210
2024 $1,440 $78,110 $11,900 $66,210
2023 $1,590 $78,110 $11,900 $66,210
2022 $1,592 $55,480 $4,900 $50,580
2021 $1,686 $55,480 $4,900 $50,580
2020 $1,585 $55,480 $4,900 $50,580
2019 $1,512 $34,690 $4,000 $30,690
2018 $1,537 $34,690 $4,000 $30,690
2017 $1,520 $34,690 $4,000 $30,690
2016 $1,520 $34,690 $4,000 $30,690
2015 $1,520 $34,690 $4,000 $30,690
2014 $1,725 $38,490 $4,000 $34,490
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jason Smith

    Smith and Associates Real Estate Services

    (479) 225-6995

    3 in this area

    129 Total Sales

    Jason Smith
    Section Image

  • M

    Buyer's Agent in 2018

    Mark Hornback

    Gibson Real Estate

    (479) 236-7464

    4 in this area

    13 Total Sales

    Mark Hornback
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1055949

Northwest Arkansas Board of REALTORS®

APN: 805-19386-000

Arkansas Washington County Prairie Grove 72753

307 Wallace St, Prairie Grove, AR

Not Listed for Sale

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