NOT LISTED FOR SALE

405 2nd St Mena, AR 71953

Estimated Value: $91,000 - $109,000

2 Beds
1 Bath
728 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $90,000 $124 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $523/month

39 Days on Market

Highlights

  • Traditional Architecture
  • Walk-in Shower
  • Level Lot
  • 1-Story Property
  • Family Room
  • Mini Split Air Conditioners

About This Home

As of August 2023

Adorable 2/bed 1/bath home in downtown Mena! Completely redone interior with brand new refrigerator, stove, sink, shower, toilet, light fixtures, fans, electric fireplace and roof!! The property also includes a new water heater, plumbing, electrical wiring, and subfloor/floor. This would make a perfect rental, Airbnb or residence! Comes fully furnished! Just minutes to hiking trails in the Ouachita National Forest, and future mountain biking trails! Don't miss this turn-key opportunity!

Last Agent to Sell the Property

Ryan Lewis

Holly Springs Real Estate Listed on: 06/19/2023

Last Buyer's Agent

Larry Reynolds

Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $121

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Vinyl Flooring
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Co-Op Electric

Home Details

Home Type

Single Family

Est. Annual Taxes

$121

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 06/19/2023
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Fireplace: Electric Logs
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 728
  • Bedrooms: 2
  • Floors: Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Refrigerator-Stays
  • Other Rooms: Den/Family Room
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op
  • Heat Air: Mini Split

Condo/Co-op/Association

  • Amenities: No Fee

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 0.16
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Aug 1, 2023
Sold by
Hammer Brandon and Hammer Michelle
Bought by
Womack Shannon
Seller's Agent
Ryan Lewis
Holly Springs Real Estate
Buyer's Agent
Larry Reynolds
Select Realty
List Price
$92,500
Sold Price
$90,000
Premium/Discount to List
-$2,500
-2.7%
Views
49
Current Estimated Value
$97,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,995
Avg. Annual Appreciation
3.59%
Original Mortgage
$94,949
Outstanding Balance
$92,633
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$5,362

Purchase Details

Listed on
Jun 29, 2021
Closed on
Sep 17, 2021
Sold by
Clark Reba M
Bought by
Hammer Brandon and Barbaro Michelle
Seller's Agent
Christy Titsworth
United Country Arkansas Properties
Buyer's Agent
Christy Titsworth
United Country Arkansas Properties
List Price
$14,500
Sold Price
$12,000
Premium/Discount to List
-$2,500
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.73%

Purchase Details

Closed on
Apr 17, 2021
Sold by
Clark Dustin Chase
Bought by
Clark Reba M

Purchase Details

Closed on
Jan 4, 2021
Sold by
Commissioner Of State Lands
Bought by
Clark Dustin Chase

Purchase Details

Closed on
Oct 17, 2013
Sold by
Clark Reba M
Bought by
Clark Dustin Chase

Purchase Details

Closed on
Sep 1, 1997
Bought by
Clark, Reba Marie Fam Trust and Clark Reba %
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
Womack Shannon $90,000 Mena Title
Hammer Brandon $12,000 Martin Title
Clark Reba M -- New Title Company Name
Clark Dustin Chase $480 None Listed On Document
Clark Dustin Chase -- None Available
Clark, Reba Marie Fam Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Womack Shannon $94,949
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $90,000 -2.7% $124 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $92,500 +670.8% $127 / Sq Ft
09/17/2021 09/17/21 Sold $12,000 -17.2% $16 / Sq Ft View Prior Sale
06/29/2021 06/29/21 For Sale $14,500 -- $20 / 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 -- $8,880 $810 $8,070
2024 -- $8,880 $810 $8,070
2023 $121 $2,270 $810 $1,460
2022 $121 $2,780 $1,000 $1,780
2021 $121 $2,780 $1,000 $1,780
2020 $125 $2,780 $1,000 $1,780
2019 $125 $2,780 $1,000 $1,780
2018 $121 $2,780 $1,000 $1,780
2017 $110 $2,450 $1,000 $1,450
2016 $168 $3,750 $1,000 $2,750
2015 $168 $3,750 $1,000 $2,750
2014 $168 $3,750 $1,000 $2,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23018615

Cooperative Arkansas REALTORS® MLS

APN: 6000-00250-0000