NOT LISTED FOR SALE

3501 Highway 8 E Mena, AR 71953

Estimated Value: $222,000 - $585,000

20.53 Acres
$16,555 Price per Acre
894,287 Sq Ft Lot

Sale Details

Date Sold: December 20, 2018

Last sale price $58,000

Est. 486% increase in value since last sale

Current estimated payment $1,922 / mo

106 Days on Market

Highlights

  • 20.53 Acre Lot
  • Pond
  • Livestock Allowed
  • Mountain View

About This Lot

As of December 2018

Nice property near town on old homestead. Has 2 septics (per owner) city water, electric and two ponds. Needs some clearing, could be a beautiful home spot. No disclosure available

Last Agent to Sell the Property

Nancy Wright

RE/MAX Mena Real Estate, Inc. Listed on: 09/05/2018

RE/MAX Mena Real Estate, Inc.

Last Buyer's Agent

Kevin Smallwood

RE/MAX Mena Real Estate, Inc.

RE/MAX Mena Real Estate, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 20.53 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Lot Sloped Up

Outdoor Features

  • Pond
  • Stock Pond

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Co-Op Electric
  • Perc Approved Septic

Additional Features

  • Mountain Views
  • Livestock Allowed

Property Details

Property Type

Land

Lot Details

20.53 Acres

Listing Details

  • Restrictions: Any Builder, Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 10/19/2018
  • Road Surface: Paved
  • Type: Acreage
  • Estimated Road Frontage: 1000
  • Sold Price Per Acre: 2825.13
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: State Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op

Schools

  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 20.53
  • Estimated Lot Size: 20.53 acres
  • Lot: Sloped, Rural Property, Pond, Not In Subdivision, Mountain View, Upslope
  • Farm Ranch Features: Livestock Allowed, Stock Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 29.85

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 18, 2018
Sold by
Bought by
Seller's Agent
Nancy Wright
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
Kevin Smallwood
RE/MAX Mena Real Estate, Inc.
List Price
$59,500
Sold Price
$58,000
Premium/Discount to List
-$1,500
-2.52%
Current Estimated Value
$339,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,880
Avg. Annual Appreciation
26.59%
Original Mortgage
$46,400
Outstanding Balance
$17,211
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$322,669

Purchase Details

Closed on
Oct 27, 2000
Bought by

Purchase Details

Closed on
Apr 29, 1998
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$58,000 Mena Title Company Inc
$64,000 --
$40,000 --
$40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $46,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $58,000 -2.5% --
09/05/2018 09/05/18 For Sale $59,500 -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,075 $28,370 $4,430 $23,940
2024 $1,054 $28,370 $4,430 $23,940
2023 $1,032 $28,370 $4,430 $23,940
2022 $217 $5,150 $1,580 $3,570
2021 $217 $5,150 $1,580 $3,570
2020 $25 $2,150 $1,580 $570
2019 $25 $510 $510 $0
2018 $25 $520 $520 $0
2017 $25 $590 $590 $0
2016 $26 $590 $590 $0
2015 $26 $590 $590 $0
2014 $22 $590 $590 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033268

Cooperative Arkansas REALTORS® MLS

APN: 0000-05154-0000

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