NOT LISTED FOR SALE

47 Morrison St Melbourne, AR 72556

Estimated Value: $98,000 - $154,000

3 Beds
2 Baths
1,248 Sq Ft
$106/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $90,000 $72 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $818/month

66 Days on Market

Highlights

  • Airport or Runway
  • Traditional Architecture
  • Porch
  • Golf Course Community
  • Wood Flooring
  • Breakfast Bar

About This Home

As of October 2021

Nice 3 bedroom/2 bath home in Melbourne! This home features an open floor plan with original hardwood floors! Central heat/air, on demand hot water heater, city water and sewer, and a new roof installed in 2017! There is a one vehicle carport and a large fenced in back yard. Call for more details!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 08/03/2021

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 08/03/2021

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 1 Car Garage
  • Carport
  • Parking Pad

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Amenities

  • Picnic Area
  • Airport or Runway

Recreation

  • Golf Course Community
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Partially Fenced
  • Inside City Limits: Yes
  • LVT Date: 08/03/2021
  • Price Per Sq Ft: 72.12
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1248
  • Bedrooms: 3
  • Floors: Laminate, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Parking Pads, One Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Playground, Picnic Area, Golf Course, Fitness/Bike Trail, Airport

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 0.5
  • Lot: Level, Cleared, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors
  • Green Features: Tankless Water Heater

Tax Info

  • Annual Taxes: 721
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 8, 2021
Sold by
Bailey Miller and Bailey Mckee
Bought by
Franks Chandler M and Franks Douglas R
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%
Current Estimated Value
$138,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,771
Avg. Annual Appreciation
9.62%
Original Mortgage
$72,000
Outstanding Balance
$57,167
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$71,245

Purchase Details

Closed on
Mar 2, 2018
Sold by
Lobdell Josh and Lobdell Leslie
Bought by
Mckee Miller Luke and Mckee Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,707
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Franks Chandler M $90,000 Bray Eric
Mckee Miller Luke $31,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Chandler M $72,000
Closed Franks Chandler M $72,000
Previous Owner Mckee Miller Luke $31,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $90,000 -9.9% $72 / Sq Ft
08/03/2021 08/03/21 For Sale $99,900 -- $80 / 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 $737 $14,760 $800 $13,960
2023 $737 $14,760 $800 $13,960
2022 $737 $14,760 $800 $13,960
2021 $362 $14,760 $800 $13,960
2020 $721 $14,440 $1,000 $13,440
2019 $346 $14,440 $1,000 $13,440
2018 $721 $14,440 $1,000 $13,440
2017 $721 $14,440 $1,000 $13,440
2016 $371 $14,440 $1,000 $13,440
2015 -- $15,190 $1,000 $14,190
2014 -- $15,190 $1,000 $14,190
2013 -- $15,190 $1,000 $14,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21024913

Cooperative Arkansas REALTORS® MLS

APN: 491-00037-000