NOT LISTED FOR SALE

342 School St Melbourne, AR 72556

Estimated Value: $120,000 - $151,000

3 Beds
2 Baths
1,212 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $132,500 $109 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $740/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 1-Story Property
  • Wood Flooring
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2024

UPDATED BRICK HOME in Melbourne! This 3 bedroom, 2 bath home offers a perfect location in town, but has a country feel with a large yard and privacy. The home has a spacious living area and an open kitchen/dining area. The master bedroom has a full bathroom attached and the guest bedrooms are well designed with great storage space. Outside the home is a 1 vehicle carport and a large back yard. This property combines comfort, style, and convenience. Don't miss an opportunity to own this home!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 05/05/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 05/05/2024

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Lot Details

  • 0.36 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 1 Car Garage
  • Carport
  • Parking Pad

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch
  • Inside City Limits: Yes
  • LVT Date: 05/05/2024
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1212
  • Bedrooms: 3
  • Floors: Luxury Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Metal

Garage/Parking

  • Parking: Carport, Parking Pads, One Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.36
  • Estimated Lot Size: 0.36
  • Lot: Sloped, Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 650
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Jun 17, 2024
Sold by
Gross Makayla and Mosley Chris
Bought by
Scoop Properties Llc
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$149,900
Sold Price
$132,500
Premium/Discount to List
-$17,400
-11.61%
Views
13
Current Estimated Value
$130,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,908
Avg. Annual Appreciation
-0.95%

Purchase Details

Closed on
Aug 24, 2020
Sold by
Thornton Justin and Thornton Lacy
Bought by
Mosley Chris and Gross Makayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,303
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 13, 2018
Sold by
Us Bank Na
Bought by
Thornton Justin
Seller's Agent
Patty Callahan
THE REAL ESTATE SPECIALISTS
Buyer's Agent
Patty Callahan
THE REAL ESTATE SPECIALISTS
List Price
$36,000
Sold Price
$28,000
Premium/Discount to List
-$8,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%
Original Mortgage
$92,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 18, 2018
Sold by
Hawkins Wanda
Bought by
U S Bank National Association
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
Scoop Properties Llc $132,500 None Listed On Document
Scoop Properties Llc $132,500 None Listed On Document
Mosley Chris $79,500 None Available
Thornton Justin $28,000 None Available
U S Bank National Association $39,516 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mosley Chris $80,303
Previous Owner Thornton Justin $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $132,500 -11.6% $109 / Sq Ft
05/05/2024 05/05/24 For Sale $149,900 +435.4% $124 / Sq Ft
07/18/2018 07/18/18 Sold $28,000 -22.2% $20 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $36,000 -- $26 / 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 $655 $13,130 $800 $12,330
2024 $155 $13,130 $800 $12,330
2023 $230 $13,130 $800 $12,330
2022 $280 $13,130 $800 $12,330
2021 $280 $13,130 $800 $12,330
2020 $558 $11,180 $430 $10,750
2019 $55 $15,050 $430 $14,620
2018 $636 $15,050 $430 $14,620
2017 $587 $15,050 $430 $14,620
2016 $237 $15,050 $430 $14,620
2015 -- $12,980 $320 $12,660
2014 -- $12,980 $320 $12,660
2013 -- $12,980 $320 $12,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24015442

Cooperative Arkansas REALTORS® MLS

APN: 525-00099-000