40515 J Martin Rd Lepanto, AR 72354
Estimated payment $1,848/month
Highlights
- Hot Property
- Freestanding Bathtub
- Sun or Florida Room
- Deck
- Main Floor Primary Bedroom
- Workshop
About This Home
Discover a home where historic charm meets breathtaking modern design. Originally built in the 1930s and now reborn through a complete, top to bottom renovation, this property offers a rare opportunity to own a timeless classic with every contemporary luxury already in place. Spanning nearly 2,000 square feet. All new electrical, all new plumbing, and meticulously selected finishes, along with custom touches throughout, ensure that no detail was overlooked. Inside, the home unfolds with intentional design and elevated style. The home features luxurious Italian tile, creating a sophisticated European aesthetic throughout. The spa inspired bathroom showcases a stunning freestanding soaker tub with elegant exposed plumbing, offering a showpiece moment worthy of a boutique hotel. With 3 bedrooms and 2 beautifully finished baths, plus a full basement offering endless possibilities for storage, a home gym, or an entertainment space, this home truly has it all. A dedicated dining room sets the stage for unforgettable gatherings, while the large laundry room provides true everyday functionality. The bright sunroom offers an inspiring retreat for morning coffee, peaceful evenings, or a cozy reading space. Situated on a spacious 1 acre lot just outside city limits, this property provides the serenity and room to breathe of country living while keeping you close to town conveniences. Truly the best of both worlds. Exquisitely renovated, move in ready, and offered at $349,900, this an extraordinary property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $158
Year Built
- Built in 1932
Home Design
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
- Cedar
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Workshop
- Sun or Florida Room
- Partially Finished Basement
- Crawl Space
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Freestanding Bathtub
Laundry
- Laundry Room
- Electric Dryer
Schools
- Epc Elementary And Middle School
- East Poinsett Co. High School
Utilities
- Central Heating and Cooling System
- Rural Water
- Septic System
Additional Features
- Deck
- 1 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 007-07393-0002
Map
Home Values in the Area
Average Home Value in this Area
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 | $158 | $3,220 | $600 | $2,620 |
| 2024 | $132 | $3,220 | $600 | $2,620 |
| 2023 | $17 | $3,220 | $600 | $2,620 |
| 2022 | $17 | $3,220 | $600 | $2,620 |
| 2021 | $24 | $6,080 | $800 | $5,280 |
| 2020 | $274 | $6,080 | $800 | $5,280 |
| 2019 | $258 | $6,080 | $800 | $5,280 |
| 2018 | $238 | $6,080 | $800 | $5,280 |
| 2017 | $179 | $6,080 | $800 | $5,280 |
| 2016 | $163 | $4,380 | $400 | $3,980 |
| 2015 | $163 | $4,380 | $400 | $3,980 |
| 2014 | $163 | $4,380 | $400 | $3,980 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $349,900 | -- | $182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $30,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,000 | Credit Line Revolving |
Source: Northeast Arkansas Board of REALTORS®
MLS Number: 10126233
APN: 007-07393-0002
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