$335,000
SOLD FEB 18, 2025

486 Allen St Melbourne, AR 72556

3 Beds
2.5 Baths
2,217 Sq Ft
1.13 Acres

Recently Sold

$151 Per Sq Ft

4% Below List Price

56 Days on Market

Highlights

  • Safe Room
  • Wood Flooring
  • Formal Dining Room
  • Traditional Architecture
  • Workshop
  • Porch

About This Home

As of February 2025

3 bedroom, 2.5 bath BRICK HOME in the heart of Melbourne!! Inside the home you will find beautiful hardwood flooring and tile throughout along with a spacious living area, kitchen, & formal dining room. The master suite features a large bedroom with two walk in closets, and a full bathroom with double vanities. Enjoy outdoor entertainment on the back patio with a fenced in back yard for privacy. There is an attached 3 vehicle garage with 1 bay being heated with a 1/2 bath. There is a 30x30 Red Iron shop building with spray foam insulation and electric! There is also a storage shed and storm shelter! Call today to see this beautiful home!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 10/24/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 10/24/2024

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 2006

Lot Details

  • 1.13 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,217 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Workshop
  • Crawl Space
  • Safe Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Car Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Patio
  • Outdoor Storage
  • Storm Cellar or Shelter
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Partially Fenced, Outside Storage Area, Guttering, Storm Cellar, Shop
  • Inside City Limits: Yes
  • LVT Date: 10/24/2024
  • Price Per Sq Ft: 151.11
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2006
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2217
  • Bedrooms: 3
  • Floors: Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Microwave, Gas Range, Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Workshop/Craft, Laundry, Safe/Storm Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Parking Pads, Three Car, Auto Door Opener

Utilities

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

Lot Info

  • Estimated Lot Size: 1.13
  • Estimated Lot Size: 1.13
  • Lot: Level, Cleared, Extra Landscaping
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 1732
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 18, 2025
Sold by
Rush Wayne
Bought by
Hennessey Richard and Hennessey Peggy
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Total Days on Market
56
Views
20
Current Estimated Value
$324,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,073
Avg. Annual Appreciation
23.46%
Original Mortgage
$268,000
Outstanding Balance
$267,777
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$101,330

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 24, 2024
Sold by
Smith Jack A and Smith Cynthia I
Bought by
Rush Wayne
Seller's Agent
Bobby Miller
RICH REALTY
Buyer's Agent
NON-MEMBER
Non-Member
List Price
$329,900
Sold Price
$295,000
Premium/Discount to List
-$34,900
-10.58%
Views
196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 6, 2019
Sold by
Davis Jason A and Davis Amanda N
Bought by
Smith Jack A and Smith Cynthia I
Seller's Agent
Team Markowski
RICH REALTY
Buyer's Agent
Bobby Miller
RICH REALTY
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$199,900
Interest Rate
3.75%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 Izard County Abstract
Warranty Deed $295,000 None Listed On Document
Warranty Deed $199,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Previous Owner $203,700 VA
Previous Owner $199,900 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $335,000 -4.3% $151 / Sq Ft
10/24/2024 10/24/24 For Sale $349,900 +18.6% $158 / Sq Ft
04/26/2024 04/26/24 Sold $295,000 -1.7% $133 / Sq Ft
03/27/2024 03/27/24 Price Changed $300,000 -9.1% $135 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $329,900 0.0% $149 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/04/2024 01/04/24 Price Changed $329,900 -5.7% $149 / Sq Ft
11/27/2023 11/27/23 For Sale $349,900 +75.0% $158 / Sq Ft
12/06/2019 12/06/19 Sold $199,900 0.0% $90 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $199,900 -- $90 / 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 $1,732 $44,710 $1,360 $43,350
2023 $2,232 $44,710 $1,360 $43,350
2022 $2,232 $44,710 $1,360 $43,350
2021 $2,131 $44,710 $1,360 $43,350
2020 $1,937 $38,810 $900 $37,910
2019 $1,562 $38,810 $900 $37,910
2018 $1,587 $38,810 $900 $37,910
2017 $1,937 $38,810 $900 $37,910
2016 $1,027 $38,810 $900 $37,910
2015 -- $40,850 $680 $40,170
2014 -- $40,850 $680 $40,170
2013 -- $40,850 $680 $40,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24038989

Cooperative Arkansas REALTORS® MLS

APN: 001-02613-006