NOT LISTED FOR SALE

309 N Main Ave Lincoln, AR 72744

Estimated Value: $190,000 - $214,050

2 Beds
2 Baths
1,534 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 03, 2012

Last sale price $25,250 $16 Per Sq Ft

Est. 713% increase in value since last sale

Current estimated payment $1,253/month

103 Days on Market

Highlights

  • Antique Architecture
  • Covered Patio or Porch
  • Storage Room
  • Pole Barn
  • Double Pane Windows
  • Attached Carport

About This Home

As of October 2012

DIAMOND IN THE ROUGH!!! VINTAGE VICTORIAN 2 BR/2BA, ONE STORY HOME WITH A CRAWL SPACE, NATURAL GAS HEAT, CENTRAL AIR, SITTING ON ALMOST 1/2 AC. HOME FEATURES LARGE LIVING RM, DINING RM, KITCHEN, LAUNDRY AREA, BONUS RM, UNFINISHED STORAGE RM, COVERED PORCH,& ATTACHED 1-CAR CARPORT. SQUARE FOOTAGE IS FROM FHA APPRAISAL. PROPERTY MAY BE ELIGIBLE FOR FHA $100 DOWN PAYMENT PROGRAM. Property is eligible for a new FHA loan with a repair escrow of $770 to repair plumbing and electrical.

Last Agent to Sell the Property

Margie Moldenhauer

RE/MAX Associates, LLC License #PB00015373 Listed on: 05/22/2012

RE/MAX Associates,  LLC

Last Buyer's Agent

Margie Moldenhauer

RE/MAX Associates, LLC License #PB00015373 Listed on: 05/22/2012

RE/MAX Associates,  LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 83x185x25x85x57x270
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Antique Architecture
  • Stone Foundation
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,534 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Storage Room
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Attached Carport
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Pole Barn
  • Separate Outdoor Workshop
  • Outbuilding

Location

  • City Lot

Utilities

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

Community Details

  • Lincoln Outlots Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 83x185x25x85x57x270
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Lincoln Outlots
  • Directions: FROM I-540 take Exit 62 and go west on Hwy 62 to Lincoln. Turn right on Main St to north side of square then continue on Main St. Home is on the left.
  • Architectural Style: Historic/Antique
  • Carport Y N: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Disposal, Gas Water Heater, Range, Smooth Cooktop, Self Cleaning Oven
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), None, Storage
  • Living Area: 1534.0
  • Dining Room Type: Storage Room
  • Window Features: Double Pane Windows, Single Pane
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: Cleared, City Lot, Level, Not In Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway, Unpaved Driveway
  • Foundation Details: Crawlspace, Slab, Stone
  • Other Structures: Outbuilding, Pole Barn, Workshop
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Sidewalks

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1019.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2012
Closed on
Sep 28, 2012
Sold by
Secretary Of Hud
Bought by
Jnb Group Llc
Seller's Agent
Margie Moldenhauer
RE/MAX Associates, LLC
Buyer's Agent
Margie Moldenhauer
RE/MAX Associates, LLC
List Price
$43,000
Sold Price
$25,250
Premium/Discount to List
-$17,750
-41.28%
Current Estimated Value
$205,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,013
Avg. Annual Appreciation
17.40%
Original Mortgage
$31,000
Interest Rate
3.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bokf Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 19, 2005
Sold by
Cuzick Mark A and Cuzick Mary Jane
Bought by
Satterfield Billy H and Satterfield Caley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,532
Interest Rate
5.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 1990
Bought by
Cuzick Mark A and Mary Jane

Purchase Details

Closed on
Jan 1, 1985
Bought by
Rinehart Ronnie B and Rinehart Mary L
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
Jnb Group Llc -- Professional Land Title Comp
Secretary Of Housing & Urban Development -- None Available
Satterfield Billy H $95,000 Heritage Land Title Of Ar
Cuzick Mark A -- --
Rinehart Ronnie B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jnb Group Llc $100,000
Closed Jnb Group Llc $31,000
Closed Jnb Group Llc $31,000
Previous Owner Satterfield Billy H $93,532
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2012 10/03/12 Sold $25,250 -41.3% $16 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $43,000 -- $28 / 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 $1,609 $30,140 $6,000 $24,140
2023 $1,130 $30,140 $6,000 $24,140
2022 $1,028 $18,960 $2,520 $16,440
2021 $975 $18,960 $2,520 $16,440
2020 $894 $18,960 $2,520 $16,440
2019 $812 $14,990 $2,400 $12,590
2018 $812 $14,990 $2,400 $12,590
2017 $805 $14,990 $2,400 $12,590
2016 $805 $19,370 $2,400 $16,970
2015 $1,040 $19,370 $2,400 $16,970
2014 $1,019 $18,980 $2,630 $16,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 656472

Northwest Arkansas Board of REALTORS®

APN: 790-18740-000