NOT LISTED FOR SALE

474 Jones Farm Rd Melbourne, AR 72556

Estimated Value: $250,000 - $353,000

2 Beds
1.5 Baths
1,200 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $297,000 $248 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,592/month

133 Days on Market

Highlights

  • 36.92 Acre Lot
  • Converted Barn or Barndominium
  • Eat-In Kitchen
  • Wooded Lot
  • Wood Flooring
  • 1-Story Property

About This Home

As of January 2024

BARNDOMINIUM ON 36.92 ACRES WITH A CAVE IN MELBOURNE, AR If you have been looking for a barndominium with acreage and a cave, then we have the place for you! This 1200 sq ft home features 2 bedrooms, 1 bathroom, and an open concept kitchen and living room. This home has electric central heating and air conditioning, as well as a backup gas wall heater. Additionally, there is a simple porch out front as well as a 1,200 square foot shop with 2 bay doors, a half bath, and a Mini Split connected to the living quarters. This rural home sits on 36.92 acres, adding the perfect touch of private country living, while still being only a few minutes from Melbourne. Most of the acreage is wooded, adding to the privacy of this home. The property even has a cave! Don't miss this unique opportunity and call us TODAY!!!

Last Agent to Sell the Property

Anna Wade

Re/Max Edge Realty Melbourne Listed on: 08/10/2023

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Cheryl Hensley

Mountain Streams Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $527

Year Built

  • Built in 2022

Lot Details

  • 36.92 Acre Lot
  • Rural Setting
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Converted Barn or Barndominium
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Underground Utilities
  • Co-Op Electric
  • Propane
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$527

Year Built

Built in 2022

Lot Details

36.92 Acres

Listing Details

  • Class: Residential
  • Style: Barndominium
  • LVT Date: 08/15/2023
  • Road Surface: Gravel
  • Street Designation: Road
  • Type: Rural Residential
  • Estimated Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1200
  • Bedrooms: 2
  • Floors: Wood
  • Foundation: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Mini Split

Lot Info

  • Estimated Lot Size: 36.92
  • Estimated Lot Size: 36.92 Acres +/-
  • Lot: Rural Property, Wooded, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Jan 19, 2024
Sold by
Langston Robert Ray
Bought by
Kirkland Deborah and Davis Aaron M
Seller's Agent
Anna Wade
Re/Max Edge Realty Melbourne
Buyer's Agent
Cheryl Hensley
Mountain Streams Real Estate
List Price
$299,900
Sold Price
$297,000
Premium/Discount to List
-$2,900
-0.97%
Views
200
Current Estimated Value
$290,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,186
Avg. Annual Appreciation
1.38%
Original Mortgage
$252,450
Outstanding Balance
$247,798
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$58,059
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kirkland Deborah $297,000 None Listed On Document
Kirkland Deborah $297,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirkland Deborah $252,450
Closed Kirkland Deborah $252,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $297,000 -1.0% $248 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $299,900 0.0% $250 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $299,900 -- $250 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $952 $21,790 $1,340 $20,450
2024 $452 $21,790 $1,340 $20,450
2023 $527 $21,790 $1,340 $20,450
2022 $37 $780 $780 $0
2021 $37 $780 $780 $0
2020 $36 $820 $820 $0
2019 $39 $820 $820 $0
2018 $39 $820 $820 $0
2017 $36 $820 $820 $0
2016 $39 $820 $820 $0
2015 -- $830 $830 $0
2014 -- $830 $830 $0
2013 -- $830 $830 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23025313

Cooperative Arkansas REALTORS® MLS

APN: 001-05986-001

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