NOT LISTED FOR SALE

38 Bluff View Ln Melbourne, AR 72556

Estimated Value: $117,000 - $309,000

3 Beds
2 Baths
1,298 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $65,000 $50 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $1,140/month

493 Days on Market

Highlights

  • River Nearby
  • Barn or Farm Building
  • Traditional Architecture
  • Deck
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2019

Rustic 3 bedroom/2 bath cabin on 3.10 acres in Mount. Olive. This cabin offers an open living and dining area, master bedroom and bath on the main level, two bedrooms upstairs, and a large front porch. This home has central heating and air plus back up propane heat. Comes completely furnished! Located only 2 miles from the White River and National Forest. Great vacation home or weekend rental!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 04/09/2018

Re/Max Edge Realty Melbourne

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Lot Details

  • 3.1 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Ceilings
  • Ceiling Fan
  • Open Floorplan
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

  • River Nearby
  • Deck
  • Outdoor Storage
  • Porch

Farming

  • Barn or Farm Building

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Co-Op Electric
  • Propane
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Community Details

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Outside Storage Area, Guttering
  • LVT Date: 04/09/2018
  • Road Surface: Gravel
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 9999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1298
  • Bedrooms: 3
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Water Heater-Electric, Ceiling Fan(s), Furnished
  • Kitchen Equip: Free-Standing Stove, Electric Range, Refrigerator-Stays
  • Stories: Two Story
  • Walls Ceilings: Wood Ceiling

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

  • Utilities: Septic, Water-Public, Well, Electric-Co-Op, Gas-Propane/Butane, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Gas, Space Heater-Gas

Condo/Co-op/Association

  • Amenities: Fitness/Bike Trail

Lot Info

  • Estimated Lot Size: 3.1
  • Estimated Lot Size: 3.10
  • Farmranch: Barns/Buildings
  • Lot: Level, Corner Lot, Rural Property, Wooded, Cleared, In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1154
  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Nov 15, 2019
Sold by
Hill Brian C
Bought by
Sharp Realty Inc
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$135,000
Sold Price
$65,000
Premium/Discount to List
-$70,000
-51.85%
Current Estimated Value
$197,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,198
Avg. Annual Appreciation
19.85%
Original Mortgage
$65,197
Outstanding Balance
$50,394
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$146,804
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sharp Realty Inc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Realty Inc $65,197
Closed Sharp Realty Inc $65,197
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $65,000 -43.5% $50 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $115,000 -14.8% $89 / Sq Ft
11/03/2018 11/03/18 For Sale $135,000 0.0% $104 / Sq Ft
11/03/2018 11/03/18 Price Changed $135,000 +107.7% $104 / Sq Ft
10/10/2018 10/10/18 Off Market $65,000 -- --
04/09/2018 04/09/18 For Sale $139,900 -- $108 / 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 $1,279 $25,580 $2,400 $23,180
2024 $1,279 $25,580 $2,400 $23,180
2023 $1,279 $25,580 $2,400 $23,180
2022 $1,279 $25,580 $2,400 $23,180
2021 $1,269 $25,580 $2,400 $23,180
2020 $1,154 $23,070 $2,600 $20,470
2019 $1,154 $23,070 $2,600 $20,470
2018 $1,154 $23,070 $2,600 $20,470
2017 $1,154 $23,070 $2,600 $20,470
2016 $1,154 $23,070 $2,600 $20,470
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $23,060 $5,000 $18,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18010713

Cooperative Arkansas REALTORS® MLS

APN: 170-00008-000