NOT LISTED FOR SALE

487 2nd St Decatur, AR 72722

Estimated Value: $156,000 - $232,000

3 Beds
2 Baths
1,016 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $93,500 $92 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $968/month

95 Days on Market

Highlights

  • Eat-In Kitchen
  • Patio
  • Central Heating
  • Walk-In Closet
  • Landscaped
  • 4-minute walk to Decatur Park

About This Home

As of July 2017

Beautifully renovated home next to the city park, and within walking distance to Simmons Foods. Enjoy all the updates this home has to offer including new central heat/air, tankless hot water heater, roof, paint, cabinets, kitchen and appliances, bathrooms and flooring. Country feel outside with a designer interior within. This is a great neighborhood just off AR-59, allowing easy access to all of Northwest Arkansas. Home should qualify for FHA, RD loan.

Last Agent to Sell the Property

Chris Hansen

Mockingbird Real Estate Group License #EB00078197 Listed on: 03/23/2017

Last Buyer's Agent

Nathan Koenigseder

RE/MAX Real Estate Results License #SA00057492

RE/MAX Real Estate Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288

Year Built

  • Built in 1959

Lot Details

  • 6,534 Sq Ft Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Cleared Lot

Parking

  • Gravel Driveway

Home Design

  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Laminate Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • Corner Spgs Add Decatur Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$288

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Frontage Type: Public Road
  • Subdivision Name: Corner Spgs Add Decatur
  • Directions: From US 412 in Siloam Springs, take AR Hwy 59 North. Continue on AR-59 into Decatur. Turn left (west) onto 3rd St. 3rd St becomes Wilmoth Ave. Turn left onto 2nd St. House will be on the right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1959
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Appliances: Some Electric Appliances, Electric Water Heater, Oven, Range
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, None, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1016.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link, Partial
  • Lot Features: Cleared, Landscaped, Level
  • Waterfront Features: None
  • Construction Type: Rock, Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Architectural, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Decatur

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 288.0
  • Tax Block: 12
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jul 27, 2017
Sold by
Belew Jonathan and Belew Joyce
Bought by
Gattin Christine L
Seller's Agent
Chris Hansen
Mockingbird Real Estate Group
Buyer's Agent
Nathan Koenigseder
RE/MAX Real Estate Results
List Price
$98,000
Sold Price
$93,500
Premium/Discount to List
-$4,500
-4.59%
Current Estimated Value
$179,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,366
Avg. Annual Appreciation
8.05%
Original Mortgage
$68,343
Outstanding Balance
$56,813
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$123,053

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 26, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Belew Jonathan
Seller's Agent
Daniel Madewell
Madewell REALTORS
Buyer's Agent
Lonnie Larson
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$29,900
Sold Price
$21,000
Premium/Discount to List
-$8,900
-29.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
504.56%

Purchase Details

Closed on
Feb 15, 2007
Sold by
G & A Properties Llc
Bought by
Tirado Jesus H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2006
Sold by
Harris Ronald Dale and Harris Beverly Jean
Bought by
G & A Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,198
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2001
Bought by
Harris

Purchase Details

Closed on
Sep 10, 1999
Bought by
Jeffcoat

Purchase Details

Closed on
Apr 22, 1993
Bought by
Jeffcoat

Purchase Details

Closed on
May 3, 1988
Bought by
Fosters

Purchase Details

Closed on
Aug 2, 1982
Bought by
Fosters

Purchase Details

Closed on
Oct 3, 1975
Bought by
Mcmillian

Purchase Details

Closed on
Jul 17, 1973
Bought by
Mcmillian
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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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
Gattin Christine L $93,500 Waco Title Company
Belew Jonathan $21,000 Servicelink
Tirado Jesus H $50,000 Heritage Land Title Of Ar
G & A Properties Llc $31,000 None Available
Harris $10,000 --
Jeffcoat -- --
Shook -- --
Jeffcoat -- --
Jeffcoat $18,000 --
Fosters -- --
Fosters $12,000 --
Mcmillian -- --
Mcmillian $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gattin Christine L $68,343
Previous Owner Tirado Jesus H $49,900
Previous Owner G & A Properties Llc $48,198
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2017 07/27/17 Sold $93,500 -4.6% $92 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $98,000 +366.7% $96 / Sq Ft
09/27/2016 09/27/16 Sold $21,000 -29.8% $21 / Sq Ft View Prior Sale
08/28/2016 08/28/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $29,900 -- $29 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $341 $20,097 $5,600 $14,497
2024 $331 $20,097 $5,600 $14,497
2023 $331 $13,330 $3,400 $9,930
2022 $331 $13,330 $3,400 $9,930
2021 $348 $13,330 $3,400 $9,930
2020 $348 $6,370 $860 $5,510
2019 $331 $6,370 $860 $5,510
2018 $331 $6,370 $860 $5,510
2017 $317 $6,370 $860 $5,510
2016 $317 $6,370 $860 $5,510
2015 $288 $5,540 $600 $4,940
2014 $288 $5,540 $600 $4,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1041739

Northwest Arkansas Board of REALTORS®

APN: 08-00264-000