NOT LISTED FOR SALE

4227 W Ar 58 Hwy Melbourne, AR 72556

Estimated Value: $157,923 - $207,000

3 Beds
1 Bath
1,125 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $164,000 $146 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $941/month

12 Days on Market

Highlights

  • Airport or Runway
  • 40 Acre Lot
  • Barn or Farm Building
  • Golf Course Community
  • Wood Burning Stove
  • Pond

About This Home

As of April 2024

40 acres located in the Ozark Mountains! This property is mostly pasture land that is fenced, has 2 ponds, and some wooded areas! There is an old farmhouse on the property that has 2 bedrooms & 1 bathroom, but the land has multiple building sites! There is an old barn, storage shed, well, and electric on the property! Don't miss an opportunity to own a nice piece of ground 7.5 miles from the White River!

Last Agent to Sell the Property

Braden Tate

Re/Max Edge Realty Melbourne Listed on: 02/21/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Will Watson

United Country Ozark Realty

United Country Ozark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248

Lot Details

  • 40 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,125 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Crawl Space
  • Eat-In Kitchen
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Porch

Farming

  • Barn or Farm Building
  • Livestock

Utilities

  • No Cooling
  • Septic System

Community Details

Amenities

  • Airport or Runway

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch
  • LVT Date: 02/21/2024
  • Price Per Sq Ft: 145.78
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Stove
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1125
  • Bedrooms: 3
  • Floors: Laminate, Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric
  • Kitchen Equip: Refrigerator-Stays
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: No Cooling

Condo/Co-op/Association

  • Amenities: Golf Course, Airport

Lot Info

  • Estimated Lot Size: 40
  • Estimated Lot Size: 40 Acres
  • Farmranch: Barns/Buildings, Livestock Allowed, Stock Pond
  • Lot: Sloped, Level, Rural Property, Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 248
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 12, 2024
Sold by
Edington Joann and Edington Randy
Bought by
Spray Jason and Spray Lea Ann
Seller's Agent
Braden Tate
Re/Max Edge Realty Melbourne
Buyer's Agent
Will Watson
United Country Ozark Realty
List Price
$169,900
Sold Price
$164,000
Premium/Discount to List
-$5,900
-3.47%
Total Days on Market
12
Views
132
Current Estimated Value
$174,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,731
Avg. Annual Appreciation
4.50%
Source: Public Records

Range of Values:

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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
Spray Jason $164,000 None Listed On Document
Spray Jason $164,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $164,000 -3.5% $146 / Sq Ft
02/21/2024 02/21/24 For Sale $169,900 -- $151 / 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
2024 $214 $4,660 $610 $4,050
2023 $198 $4,660 $610 $4,050
2022 $10 $5,150 $1,100 $4,050
2021 $32 $5,150 $1,100 $4,050
2020 $198 $4,650 $1,040 $3,610
2019 $29 $4,650 $1,040 $3,610
2018 $29 $4,650 $1,040 $3,610
2017 $198 $4,650 $1,040 $3,610
2016 $28 $4,650 $1,040 $3,610
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $4,720 $1,150 $3,570
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Braden Tate

    RE/MAX

    (870) 291-0579

    39 Total Sales

    Braden Tate
    Section Image
  • Will Watson

    Buyer's Agent in 2024

    Will Watson

    United Country Ozark Realty

    (870) 291-2933

    36 Total Sales

    Will Watson
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24005698

Cooperative Arkansas REALTORS® MLS

APN: 001-01973-000

Arkansas Izard County Melbourne 72556

4227 W Ar 58 Hwy, Melbourne, AR

This home is located at 4227 W Ar 58 Hwy, Melbourne, AR 72556 since 21 February 2024 and is currently estimated at $174,731, approximately $155 per square foot. 4227 W Ar 58 Hwy is a home located in Izard County with nearby schools including Melbourne High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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