NOT LISTED FOR SALE

405 2nd Ave SE Gravette, AR 72736

Estimated Value: $145,000 - $224,000

3 Beds
1 Bath
1,255 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $46,000 $37 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,055/month

37 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • Gravette Middle School Rated A-
  • Enclosed Patio or Porch
  • 4-minute walk to Gravette Pool and Splash Park

About This Home

As of April 2013

Fannie Mae appx 1255 sf 3 bd 1 ba 1 ar gar, some remodeling done, needs finished. May be in flood plain. Sold strictly as-is. Investors welcome - open to all buyers. More info at homepath.com.

Last Agent to Sell the Property

Gary Gay

Crye-Leike Realtors - Bentonville License #Principal Broker, Licensed Instructor Listed on: 02/09/2013

Last Buyer's Agent

Larry Boling

Benton County Realty License #SA00039551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,255 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gravette Orig Subdivision

Listing and Financial Details

  • Legal Lot and Block pt13,12 / 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$668

Year Built

Built in 1956

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: irr
  • Road Frontage Type: Public Road
  • Subdivision Name: Gravette Orig
  • Directions: From HWY 72 in Gravette just East of 59, South on SE 2nd, home will be on right
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Range Hood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1255.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Level
  • Waterfront Features: None
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Enclosed, Patio, Screened
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 668.0
  • Tax Block: 24
  • Tax Lot: pt13,12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2013
Closed on
Apr 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Vigue Brian and Vigue Tammy
Seller's Agent
Gary Gay
Crye-Leike Realtors - Bentonville
Buyer's Agent
Larry Boling
Benton County Realty
List Price
$56,900
Sold Price
$46,000
Premium/Discount to List
-$10,900
-19.16%
Current Estimated Value
$189,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,864
Avg. Annual Appreciation
11.59%

Purchase Details

Closed on
Jan 16, 2013
Sold by
Barrett Jacob W and Barrett Morgan C
Bought by
Arvest Mortgag Company

Purchase Details

Closed on
Jan 25, 2006
Sold by
Anderson Laverne and Anderson Helen Ruth
Bought by
Barrett Jacob W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1988
Bought by
Anderson

Purchase Details

Closed on
Jan 3, 1983
Bought by
Self
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
Vigue Brian -- Commerce Title & Closing Ser
Arvest Mortgag Company $70,717 None Available
Barrett Jacob W $83,333 Title Associates Llc
Anderson $42,000 --
Self $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett Jacob W $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $46,000 -19.2% $37 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/10/2013 02/10/13 For Sale $56,900 -- $45 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $681 $29,698 $5,600 $24,098
2024 $667 $29,698 $5,600 $24,098
2023 $667 $21,430 $3,400 $18,030
2022 $326 $21,430 $3,400 $18,030
2021 $319 $21,430 $3,400 $18,030
2020 $326 $13,850 $1,800 $12,050
2019 $326 $13,850 $1,800 $12,050
2018 $351 $13,850 $1,800 $12,050
2017 $317 $13,850 $1,800 $12,050
2016 $317 $13,850 $1,800 $12,050
2015 $670 $13,600 $1,800 $11,800
2014 $320 $13,600 $1,800 $11,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 673254

Northwest Arkansas Board of REALTORS®

APN: 11-00339-000

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