NOT LISTED FOR SALE

315 Melton Dr Lonoke, AR 72086

Estimated Value: $175,000 - $234,000

3 Beds
2 Baths
1,809 Sq Ft
$107/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $185,000 $102 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,174/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Community Spa
  • Bonus Room
  • Great Room
  • Eat-In Kitchen

About This Home

As of November 2023

This fully brick home offers 3 bedrooms, 2 bathrooms, and 1,809 square feet of living space. It's nestled in a spacious corner lot within a charming, well-established subdivision in the heart of Lonoke. It's conveniently situated less than half a mile from the new school additions and enjoys a central location in town. The property boasts a bonus room, currently utilized as an office, which has its own access via the garage. Inside, you'll find generously sized rooms with new flooring, an updated kitchen, and updated light fixtures throughout. To sweeten the deal, a hot tub is included with a strong offer.

Last Agent to Sell the Property

Jeffrey Norwood

Truman Ball Real Estate Listed on: 09/07/2023

Co-Listed By

Yashua Suarez

Edge Realty

Last Buyer's Agent

Michelle Plant

Blair & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1975

Lot Details

  • 0.41 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 09/07/2023
  • Price Per Sq Ft: 102.27
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Dining Room: Eat-In Kitchen, Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1809
  • Bedrooms: 3
  • Floors: Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Built-In Stove, Microwave, Dishwasher
  • Other Rooms: Great Room, Bonus Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Side Entry

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Hot Tub

Lot Info

  • Estimated Lot Size: 0.41
  • Estimated Lot Size: .41
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1380.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 2, 2023
Sold by
Norwood Bobby and Norwood Julia
Bought by
Eason Jordan Michael and Pillow Charles Edward
Seller's Agent
Jeffrey Norwood
Truman Ball Real Estate
Buyer's Agent
Michelle Plant
Blair & Co. Realtors
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Views
65
Current Estimated Value
$194,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,357
Avg. Annual Appreciation
-1.43%
Original Mortgage
$6,475
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2016
Closed on
Nov 16, 2016
Sold by
Jpmorgan Chase Bank Na
Bought by
Norwood Bobby and Norwood Julia
Seller's Agent
Dereice Walters
CBRPM Group
Buyer's Agent
Haley Wilson
McKimmey Associates, Realtors - 50 Pine
List Price
$81,812
Sold Price
$74,312
Premium/Discount to List
-$7,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$23,655
Interest Rate
4.16%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 27, 2016
Sold by
Jpmorgan Chase Bank
Bought by
Jpmorgan Chase Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.56%

Purchase Details

Listed on
Apr 13, 2012
Closed on
Nov 1, 2012
Sold by
Norman Juanita Vowell and Norman Lester Fred
Bought by
Valure Ira and Valure Bessie M
Seller's Agent
Karen Dill
Dill Real Estate Company
Buyer's Agent
Brook Knox
Knox Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$96,938
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 13, 2012
Closed on
Oct 8, 2012
Sold by
Norman Juanita Vowell and Norman Lester Fred
Bought by
Valure Ira and Valure Bessie M
Seller's Agent
Karen Dill
Dill Real Estate Company
Buyer's Agent
Brook Knox
Knox Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,938
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 2, 1975
Bought by
Norman and Wife Juanita
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
Eason Jordan Michael $185,000 Land Title
Norwood Bobby $74,312 None Available
Jpmorgan Chase Bank -- --
Valure Ira -- --
Valure Ira -- --
Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eason Jordan Michael $6,475
Open Eason Jordan Michael $181,649
Previous Owner Norwood Bobby $98,000
Previous Owner Norwood Bobby $23,655
Previous Owner Jpmorgan Chase Bank --
Previous Owner Valure Ira $96,938
Previous Owner Valure Ira $96,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $185,000 -4.6% $102 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $194,000 -2.5% $107 / Sq Ft
09/07/2023 09/07/23 For Sale $199,000 +167.8% $110 / Sq Ft
11/23/2016 11/23/16 Sold $74,312 -9.2% $41 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $81,812 -13.9% $45 / Sq Ft
10/03/2012 10/03/12 Sold $95,000 -5.0% $53 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $100,000 -- $56 / 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
2024 $1,380 $24,190 $2,000 $22,190
2023 $1,380 $24,190 $2,000 $22,190
2022 $1,380 $24,190 $2,000 $22,190
2021 $1,326 $24,190 $2,000 $22,190
2020 $1,205 $21,130 $2,000 $19,130
2019 $1,165 $21,130 $2,000 $19,130
2018 $1,165 $21,130 $2,000 $19,130
2017 $1,165 $21,130 $2,000 $19,130
2016 $1,165 $21,130 $2,000 $19,130
2015 $1,162 $21,070 $2,000 $19,070
2014 $1,162 $21,070 $2,000 $19,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23028150

Cooperative Arkansas REALTORS® MLS

APN: 781-00708-000