NOT LISTED FOR SALE

3562 Highway 101 Gamaliel, AR 72537

Estimated Value: $207,570 - $699,000

9 Beds
4 Baths
-- Sq Ft
9.32 Acres

Last Sold January 07, 2022

Last sale price $440,000

Est. 6% decrease in value since last sale

Current estimated payment $2,270/month

Highlights

  • Deck
  • Wooded Lot
  • Cul-De-Sac
  • Pinkston Middle School Rated A-
  • Covered Patio or Porch
  • Storm Windows

About This Home

As of January 2022

All American Dream! A Gas Station, Bait Shop, Duplex & Mobile Home park all rolled into one. Station has living quarters, duplex is rented. Mobile homes rented and room for another mobile home and 3 pad sites for 5th wheels, all rental income. Bait shop has a high tech tank (Chiller Filter Max). And several garages/shops. One shop so close to the Hwy you could rent it out as a craft shop. See attached documents for detailed information.

Last Agent to Sell the Property

Stephanie Walker

PEGLAR REAL ESTATE GROUP Listed on: 06/25/2021

Last Buyer's Agent

Stephanie Walker

PEGLAR REAL ESTATE GROUP Listed on: 06/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,938

Lot Details

  • 9.32 Acre Lot
  • Property fronts a highway
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot

Home Design

  • Duplex
  • Metal Siding

Interior Spaces

  • Split Bedroom Floorplan
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Laminate Flooring
  • Crawl Space
  • Gas Oven or Range
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Community Details

  • 8 Units
  • Gross Income $59

Listing and Financial Details

  • Assessor Parcel Number 001-02681-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,938

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY, Duplex
  • Stories: 1 Story
  • Miles to City: < 15 Miles
  • Year Built: Unknown
  • Year Built Range: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Elec Range/Oven, Gas Range/Oven, Refrigerator, Wash/Dry Hookups
  • Interior Amenities: Laminate Floor, Ceiling Fan(s), Smoke Detector, Split Bedroom Plan
  • Layout: Multiple Buildings, Side By Side
  • Windows: Double Pane, Metal, Single Pane, Storm Windows
  • Windows Treatments: Blinds
  • Basement Foundation: Crawl Space

Exterior Features

  • Exterior: Metal Siding
  • Street Surfaces: Gravel
  • Exterior Amenities: Gutters, RV Parking, Outbuildings
  • Porch Patio Deck: Deck Open, Porch Covered, Porch Open

Garage/Parking

  • Garage Type: None

Utilities

  • Water Heater: Electric
  • Utility Companies: North AR Electric Co-Op
  • Utility Expenses: Individual
  • Cooling: Central, Electric, Heat Pump
  • Heating: Central, Electric, Propane
  • Sewer Septic: Septic
  • Water Supply: Well Private
  • Gas: Propane Tank Owned
  • TV: Satellite Dish

Lot Info

  • Number Of Acres: 9.32
  • Assessor Parcel Number: 001-02681-001
  • Lot Description: Rolling, Cul-De-Sac, Wooded Lot, Cleared Lot, Highway Frontage
  • Zoning Restrictions: Deed Restrictions

Multi Family

  • Gross Income: $59,584
  • Number Of Units: 8

Tax Info

  • Taxes: $1938.70
  • Tax Year: 2018

MLS Schools

  • School: Mountain Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jan 4, 2022
Sold by
Ward Iii Charles C and Ward Diane Sandra
Bought by
Barnett Willis Owen and Barnett Lisa Diane
Seller's Agent
Stephanie Walker
PEGLAR REAL ESTATE GROUP
Buyer's Agent
Stephanie Walker
PEGLAR REAL ESTATE GROUP
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$411,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,357
Avg. Annual Appreciation
-2.56%

Purchase Details

Closed on
Dec 15, 2011
Sold by
Bank Of The Ozarks
Bought by
Ward Charles C and Ward Sandra Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.03%

Purchase Details

Closed on
Jun 25, 2009
Sold by
May Robert W and May Arla L
Bought by
Mattern Michael J and Mattern Joyce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,188
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1996
Sold by
Not Provided
Bought by
May Robert W
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
Barnett Willis Owen $440,000 Carney Law Firm Pa
Ward Charles C $175,000 --
Mattern Michael J -- --
May Robert W $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Willis Owen $150,000
Closed Barnett Willis Owen $50,000
Previous Owner Ward Charles C $15,000
Previous Owner Ward Charles C $140,000
Previous Owner Mattern Michael J $230,188
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Off Market $440,000 -- --
01/07/2022 01/07/22 Sold $440,000 -11.8% --
06/25/2021 06/25/21 For Sale $499,000 -- --
Source: Mountain Home MLS (North Central 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 $921 $31,130 $3,480 $27,650
2023 $996 $0 $0 $0
2022 $1,046 $31,130 $3,480 $27,650
2021 $1,346 $40,290 $3,480 $36,810
2020 $1,248 $40,290 $3,480 $36,810
2019 $1,168 $40,290 $3,480 $36,810
2018 $1,208 $40,290 $3,480 $36,810
2017 $939 $40,290 $3,480 $36,810
2016 $827 $26,950 $1,600 $25,350
2015 $827 $26,950 $1,600 $25,350
2014 $827 $25,580 $1,600 $23,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 122028

Mountain Home MLS (North Central Board of REALTORS®)

APN: 001-02679-000