NOT LISTED FOR SALE

4226 Highway 8 W Mena, AR 71953

Estimated Value: $90,000 - $148,000

3 Beds
1 Bath
1,560 Sq Ft
$72/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $37,500 $24 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $597/month

227 Days on Market

Highlights

  • Ranch Style House
  • Patio
  • Satellite Dish
  • Workshop
  • Combination Kitchen and Dining Room
  • Partially Fenced Property

About This Home

As of August 2015

Cute, country, 1.5 acre setting for this 1560 sq ft home and shop. Needs some fixing up but a place to call home in the country, yet not far from town. This property is now under auction terms. All offers should be submitted through www.Auction.com. This property is subject to a 5% buyer’s premium pursuant to the Auction Terms & Conditions (minimums may apply). Please note that the commission percentages may change between the pre-sale and auction periods so please contact listing agent to verify

Last Agent to Sell the Property

Janet Corcoran

CENTURY 21 Perry Real Estate Listed on: 11/24/2014

Last Buyer's Agent

Johnny Head

CENTURY 21 Perry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $385

Year Built

  • Built in 1969

Lot Details

  • 1.5 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Sloped Lot

Home Design

  • Ranch Style House
  • Fixer Upper
  • Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 1,560 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Combination Kitchen and Dining Room
  • Workshop
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shop

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Co-Op Electric
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$385

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch, Fixer-Upper
  • Ext Features: Patio, Partially Fenced, Shop
  • Foreclosure REO: Yes
  • Price Per Sq Ft: 24.04
  • Road Surface: Paved
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1969
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1560
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric
  • Kitchen Equip: Free-Standing Stove, Dishwasher
  • Other Rooms: Workshop/Craft
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame, Cedar
  • Roof: Metal

Utilities

  • Utilities: Septic, Well, Electric-Co-Op, Tv-Satellite Dish
  • Heat Air: Window Units

Schools

  • Elementary School: Mena
  • Middle School: Mena
  • High School: Mena
  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 1.5
  • Estimated Lot Size: 1.5 acres
  • Lot: Sloped, Rural Property
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 385

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Aug 6, 2015
Sold by
Jpmorgan Chase Bank Na
Bought by
Orthman Sandra L and Orthman Alan
Seller's Agent
Janet Corcoran
CENTURY 21 Perry Real Estate
Buyer's Agent
Johnny Head
CENTURY 21 Perry Real Estate
List Price
$47,248
Sold Price
$37,500
Premium/Discount to List
-$9,748
-20.63%
Current Estimated Value
$112,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,155
Avg. Annual Appreciation
11.38%
Original Mortgage
$28,000
Outstanding Balance
$5,021
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,634

Purchase Details

Closed on
Jun 18, 2010
Sold by
Gortemiller Billy R and Gortemiller Lorene
Bought by
Hendrix Roy Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,139
Interest Rate
4.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Orthman Sandra L $37,500 None Available
Hendrix Roy Travis $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orthman Sandra L $28,000
Previous Owner Hendrix Roy Travis $61,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2015 08/10/15 Sold $37,500 -20.6% $24 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $47,248 -- $30 / 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 $20 $15,260 $4,500 $10,760
2024 $20 $15,260 $4,500 $10,760
2023 $20 $15,260 $4,500 $10,760
2022 $48 $10,180 $1,650 $8,530
2021 $48 $10,180 $1,650 $8,530
2020 $61 $10,180 $1,650 $8,530
2019 $61 $10,180 $1,650 $8,530
2018 $70 $10,180 $1,650 $8,530
2017 $50 $9,340 $1,450 $7,890
2016 $50 $9,340 $1,450 $7,890
2015 $400 $9,340 $1,450 $7,890
2014 -- $9,340 $1,450 $7,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10406603

Cooperative Arkansas REALTORS® MLS

APN: 0000-06119-0000