NOT LISTED FOR SALE

366 Madison 5205 Elkins, AR 72727

Estimated Value: $406,000 - $623,000

3 Beds
2 Baths
2,136 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $285,000 $133 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,718/month

82 Days on Market

Highlights

  • Stables
  • Near a National Forest
  • Wood Burning Stove
  • Home fronts a pond
  • Deck
  • Wooded Lot

About This Home

As of August 2017

20 acres of absolutely beautiful pasture land with rolling hills and magnificent views, very private and secluded, an idyllic drive only 30 minutes from Fayetteville, 1/4 mile to the White River and close to the National Forests offering a wide variety of outdoor activities, peaceful country living that is close to town. A very spacious 3 bedroom, 2 bathroom home that has had many updates. 2 stall horse barn and a 40X60 barn w/workshop and tack room. Entire property is fenced and ready for your horses.

Last Agent to Sell the Property

Larry Marion

Bassett Mix And Associates, Inc License #SA00075506 Listed on: 05/10/2017

Last Buyer's Agent

Marion Aust

Better Homes and Gardens Real Estate Journey License #PB00061882

Better Homes and Gardens Real Estate Journey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1983

Lot Details

  • 20 Acre Lot
  • Home fronts a pond
  • Property fronts a county road
  • Wire Fence
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Plumbed For Ice Maker
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available

Additional Features

  • Outside City Limits
  • Stables

Community Details

  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,125

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 20.0
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: n/a
  • Directions: Take HWY 16 East 16 miles past Elkins, Turn left on Madison 5201, go over the White River Bridge, stay left at the Y, merge right on Madison 5205, house will be on the right 1/4 mile. for GPS try Madison 5205 and, then enter the house number - "366".
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Skylights, Tile Counters, Wood Burning Stove
  • Living Area: 2136.0
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Other, See Remarks, Wire
  • Lot Features: Hardwood Trees, Level, Outside City Limits, Open Lot, Rolling Slope, Sloped, Views, Wooded
  • View: Yes
  • Waterfront Features: Pond
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Barn(s), Pole Barn, Workshop
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near National Forest

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Horse Amenities: Stable(s)
  • Additional Parcels Description: 001-02767-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1125.0
  • Tax Block: n/a
  • Tax Lot: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 31, 2017
Sold by
Scherr Albert J and Scherr Lana G
Bought by
Martin David Tandy and Martin Melinda Lynn
Seller's Agent
Larry Marion
Bassett Mix And Associates, Inc
Buyer's Agent
Marion Aust
Better Homes and Gardens Real Estate Journey
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$502,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,114
Avg. Annual Appreciation
7.11%
Original Mortgage
$135,000
Outstanding Balance
$71,443
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$430,671

Purchase Details

Closed on
Jan 1, 1997
Bought by
Baker Bobby 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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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
Martin David Tandy $285,000 None Available
Baker Bobby D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin David Tandy $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2017 08/31/17 Sold $285,000 -3.4% $133 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $295,000 +56.1% $138 / Sq Ft
11/23/2015 11/23/15 Sold $189,000 -13.7% $88 / Sq Ft View Prior Sale
10/24/2015 10/24/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $219,000 -- $103 / Sq Ft
Source: Northwest Arkansas 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
2025 $790 $68,990 $2,200 $66,790
2024 $890 $68,990 $2,200 $66,790
2023 $922 $35,150 $1,810 $33,340
2022 $972 $35,150 $1,810 $33,340
2021 $912 $35,150 $1,810 $33,340
2020 $850 $27,190 $1,530 $25,660
2019 $850 $27,190 $1,530 $25,660
2018 $767 $27,140 $1,480 $25,660
2017 $1,120 $27,250 $1,590 $25,660
2016 $1,120 $27,250 $1,590 $25,660
2015 -- $27,250 $1,590 $25,660
2014 -- $27,250 $1,590 $25,660
2013 -- $27,250 $1,590 $25,660
Source: Public Records

Agents Affiliated with this Home

  • Larry Marion

    Seller's Agent in 2017

    Larry Marion

    Bassett Mix And Associates, Inc

    (479) 521-5600

    144 Total Sales

    Larry Marion
    Section Image
  • Marion Aust

    Buyer's Agent in 2017

    Marion Aust

    Better Homes and Gardens Real Estate Journey

    (479) 387-1537

    103 Total Sales

    Marion Aust
    Section Image

  • T

    Seller's Agent in 2015

    Tamara Williams

    Scott Realty Group

  • R

    Buyer's Agent in 2015

    Rebecca Lynn

    Rebecca Lynn & Associates Realty

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1047353

Northwest Arkansas Board of REALTORS®

APN: 001-02765-000

Arkansas Madison County Elkins 72727

366 Madison 5205, Elkins, AR

Not Listed for Sale

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