$140,000
SOLD MAR 24, 2025

311 3rd Ave SW Gravette, AR 72736

1 Bed
1 Bath
713 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

24 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Corner Lot
  • Gravette Middle School Rated A-
  • Attic
  • Home Office

About This Home

As of March 2025

Charming single-family with an office space. House has undergone recent renovations, including new electrical and plumbing systems, updated flooring, a complete bathroom replacement, built-in bedroom seating, and the installation of new windows. Climate control is managed by an electric mini-split system for heating and air conditioning. Corner lot adjacent to a bike trail, making it an excellent opportunity for investors or individuals seeking a cozy residence. Close to Restaurants, Park, Grocerie Store.

Last Agent to Sell the Property

Denise Contreras-Serrano

DC Real Estate Brokerage Email: mike@dcrealestatenwa.com License #AB00080926 Listed on: 01/25/2025

Last Buyer's Agent

Christopher Brace

Better Homes and Gardens Real Estate Journey License #SA00097734

Better Homes and Gardens Real Estate Journey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $912

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Cleared Lot

Parking

  • Gravel Driveway

Home Design

  • Split Level Home
  • Slab Foundation
  • Metal Roof
  • Masonite

Interior Spaces

  • 713 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Home Office
  • Library
  • Storage
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Gas Range
  • Attic

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Outside City Limits

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 129

Community Details

Recreation

  • Park
  • Trails

Additional Features

  • Walnut Hill Ph Ii Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$912

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road
  • Subdivision Name: Walnut Hill Ph Ii
  • Directions: From 1st Ave head north turn left on Fort Smith St SW, right on second ave SW, Left on Dallas St SW, pass train tracks and house is on the right on the corner of 3rd ave SW and Dallas St Sw.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: mike@dcrealestatenwa.com
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Appliances: Gas Range, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), See Remarks, Storage
  • Living Area: 713.0
  • Dining Room Type: Library, Office
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot, Near Park, Outside City Limits
  • Waterfront Features: None
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Metal

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Biking, Near Fire Station, Near Hospital, Near State Park, Near Schools, Park, Shopping, Trails/Paths

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 912.0
  • Tax Block: 0
  • Tax Lot: 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Mar 24, 2025
Sold by
Ontiveros Mariana Rodriguez
Bought by
Love Ian
Seller's Agent
Denise Contreras-Serrano
DC Real Estate
Buyer's Agent
Christopher Brace
Better Homes and Gardens Real Estate Journey
List Price
$140,000
Sold Price
$140,000
Views
46
Current Estimated Value
$140,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$874
Avg. Annual Appreciation
-1.30%
Original Mortgage
$133,000
Outstanding Balance
$133,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$6,106

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 16, 2016
Sold by
Harris Berl D and Harris Mary
Bought by
Pruitt Derek S
Seller's Agent
Tim Craig
United Country/Rateliff Lifestyle Properties
Buyer's Agent
Tim Craig
United Country/Rateliff Lifestyle Properties
List Price
$21,500
Sold Price
$19,000
Premium/Discount to List
-$2,500
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.28%
Original Mortgage
$16,150
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2012
Sold by
Bank Of Gravett
Bought by
Harris Berl D and Harris Mary

Purchase Details

Closed on
Feb 23, 2012
Sold by
Smith Sherry K
Bought by
Bank Of Gravett

Purchase Details

Closed on
Feb 22, 2002
Bought by
Smith

Purchase Details

Closed on
Apr 10, 1989
Bought by
Smith
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 Type Sale Price Title Company
Warranty Deed $140,000 Best Title
Warranty Deed $19,000 Etc
Corporate Deed $5,000 First National Title Company
Commissioners Deed $6,000 None Available
Warranty Deed -- --
Executors Deed $6,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 New Conventional
Previous Owner $39,193 Unknown
Previous Owner $33,575 Commercial
Previous Owner $16,150 Commercial
Previous Owner $32,279 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $140,000 0.0% $196 / Sq Ft
02/18/2025 02/18/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $140,000 +18.1% $196 / Sq Ft
06/29/2023 06/29/23 Sold $118,500 +3.0% $166 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $115,000 +505.3% $161 / Sq Ft
05/16/2016 05/16/16 Sold $19,000 -11.6% $27 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $21,500 -- $30 / 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 $893 $18,208 $5,600 $12,608
2023 $353 $10,650 $3,400 $7,250
2022 $342 $10,650 $3,400 $7,250
2021 $311 $10,650 $3,400 $7,250
2020 $286 $5,540 $1,800 $3,740
2019 $286 $5,540 $1,800 $3,740
2018 $286 $5,540 $1,800 $3,740
2017 $272 $5,540 $1,800 $3,740
2016 $221 $5,540 $1,800 $3,740
2015 $202 $4,100 $1,000 $3,100
2014 $202 $4,100 $1,000 $3,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1296978

Northwest Arkansas Board of REALTORS®

APN: 11-00048-003