NOT LISTED FOR SALE

360 Polk Road 75 Mena, AR 71953

Estimated Value: $190,000 - $257,000

60 Acres
$3,781 Price per Acre
2,613,600 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $178,000 $91 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,223/month

80 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Pond
  • 60 Acre Lot
  • Barn or Farm Building
  • Wooded Lot

About This Lot

As of October 2021

60 Prime Acres close to Mena. Originally set up for horses, but can accommodate cattle operations. This lush property is about 2/3 pasture, with the rest in hardwood timber. There are 2 ponds, 1 of which is spring fed, plus a year round creek. Pole barn, loafing shed w/metal roof, small storage building, chicken coop, & paddock. House is not livable at present, but might be restored. Furniture & appliances do not stay. No value given any of the improvements on the property. Just bring your tractor!

Last Agent to Sell the Property

Nan Gaddis

RE/MAX Mena Real Estate, Inc. Listed on: 07/27/2021

RE/MAX Mena Real Estate, Inc.

Last Buyer's Agent

Nan Gaddis

RE/MAX Mena Real Estate, Inc. Listed on: 07/27/2021

RE/MAX Mena Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $214

Lot Details

  • 60 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Cross Fenced
  • Cleared Lot
  • Wooded Lot

Outdoor Features

  • Pond
  • Stock Pond

Farming

  • Barn or Farm Building
  • 40 Acres of Pasture
  • Cattle
  • Livestock Allowed

Utilities

  • Co-Op Electric
  • Well
  • On Site Septic
  • Perc Approved Septic
  • Satellite Dish

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Property Details

Property Type

Land

Est. Annual Taxes

$214

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 07/27/2021
  • Road Surface: Gravel
  • Type: Acreage
  • Sold Price Per Acre: 2966.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Well-On Property, Electric-Co-Op, Tv-Satellite Dish, Septic On Property

Lot Info

  • Estimated Lot Size: 60
  • Estimated Lot Size: 60 acres
  • Lot: Rural Property, Pond, Wooded, Cleared, Mountain View
  • Farm Ranch Features: Cross-Fenced, Barns/Buildings, Livestock Allowed, Stock Pond, Cattle, Horses
  • Number Pasture Acres: 40
  • Number Timber Acres: 20
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 214
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 15, 2021
Sold by
Bush Joel H
Bought by
Harrison Timothy Richard and Harrison Tammy Ford
Seller's Agent
Nan Gaddis
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
Nan Gaddis
RE/MAX Mena Real Estate, Inc.
List Price
$210,000
Sold Price
$178,000
Premium/Discount to List
-$32,000
-15.24%
Current Estimated Value
$226,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,884
Avg. Annual Appreciation
5.75%
Original Mortgage
$142,400
Outstanding Balance
$119,912
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$106,972

Purchase Details

Closed on
Jun 30, 2000
Bought by
Bush Joel and Bush Sandra

Purchase Details

Closed on
Apr 2, 1998
Bought by
Mayhew Edward J and Mayhew Edward J %

Purchase Details

Closed on
Jan 1, 1985
Bought by
Correard Virginia D
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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Purchase History

Date Buyer Sale Price Title Company
Harrison Timothy Richard $178,000 Mena Title
Bush Joel $86,000 --
Mayhew Edward J $50,000 --
Correard Virginia D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Timothy Richard $142,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $178,000 -15.2% $91 / Sq Ft
07/27/2021 07/27/21 For Sale $210,000 -- $107 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $535 $14,450 $3,480 $10,970
2024 $629 $24,180 $3,480 $20,700
2023 $581 $24,180 $3,480 $20,700
2022 $528 $14,170 $1,340 $12,830
2021 $153 $14,170 $1,340 $12,830
2020 $159 $14,170 $1,340 $12,830
2019 $137 $14,170 $1,340 $12,830
2018 $140 $14,170 $1,340 $12,830
2017 $118 $12,240 $1,640 $10,600
2016 $120 $12,240 $1,640 $10,600
2015 $120 $12,240 $1,640 $10,600
2014 $118 $12,240 $1,640 $10,600
Source: Public Records

Agents Affiliated with this Home

  • Nan Gaddis

    Seller's Agent in 2021

    Nan Gaddis

    RE/MAX

    (479) 234-2777

    76 Total Sales

    Nan Gaddis
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21024001

Cooperative Arkansas REALTORS® MLS

APN: 0000-03356-0000

Arkansas Polk County Mena 71953

360 Polk Road 75, Mena, AR

Not Listed for Sale

Lots

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Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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