NOT LISTED FOR SALE

501 Main St SE Gravette, AR 72736

Estimated Value: $240,000 - $308,000

3 Beds
3 Baths
1,941 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $230,000 $118 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,534/month

4 Days on Market

Highlights

  • Property is near park and schools
  • Living Room with Fireplace
  • Attic
  • Gravette Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Captain Field E. Kindley Memorial Park

About This Home

As of August 2022

Charming home in the heart of Gravette! You’ll enjoy the spacious interior of the home and the abundance of natural light throughout. The recently remodeled kitchen features new paint, cabinets, 5 range gas stove, and subway tile backsplash. Opportunities for additional upgrades to the home allows you to customize it to make it your own. Enjoy summer evenings from your covered back porch and large yard that offers plenty of room for cookouts and hosting. The detached garage can double as a workshop or additional storage space. Located directly across the street from the Field Kindley Memorial Park and just seconds from local schools with quick access to endless activities year round, this home is in an ideal location. Welcome Home! *All offers will be reviewed by 5pm Monday July 11. However, the seller reserves the right to accept an offer at any time.*

Last Agent to Sell the Property

The Limbird Team

Limbird Real Estate Group Listed on: 07/06/2022

Last Buyer's Agent

The Limbird Team

Limbird Real Estate Group Listed on: 07/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $723

Year Built

  • Built in 1940

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,941 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near park and schools

Listing and Financial Details

  • Legal Lot and Block 5,W 1/2 4 / 1

Community Details

Overview

  • J D Coveys Add Gravette Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$723

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 75X120
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: J D Coveys Add-Gravette
  • Directions: FROM CITY PARK , HOME IS ON MAIN ST. EAST OF PARK.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1940
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Oven, Plumbed For Ice Maker
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Living Room, Wood Burning
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Living Area: 1941.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Landscaped, Level, Near Park
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Park

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 723.0
  • Tax Block: 1
  • Tax Lot: 5,W 1/2 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 24, 2022
Sold by
Garrett Amy Len
Bought by
Bake John A and Bake Brenda D
Seller's Agent
The Limbird Team
Limbird Real Estate Group
Buyer's Agent
The Limbird Team
Limbird Real Estate Group
List Price
$215,000
Sold Price
$230,000
Premium/Discount to List
$15,000
6.98%
Current Estimated Value
$266,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,706
Avg. Annual Appreciation
4.51%
Original Mortgage
$207,000
Outstanding Balance
$197,635
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$69,071

Purchase Details

Closed on
Oct 26, 2018
Sold by
Garrett Leif C
Bought by
Garrett Amy L

Purchase Details

Listed on
Jul 27, 2010
Closed on
Apr 26, 2012
Sold by
Weeks Russel D and Weeks Susie S
Bought by
Garrett Leif Charles and Garrett Amy Len
Seller's Agent
Bob Orband
Lindsey & Assoc Inc Branch
Buyer's Agent
Christy Green
Green Heart Realty
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$73,746
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1988
Bought by
Weeks

Purchase Details

Closed on
Feb 5, 1979
Bought by
Wilmoth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bake John A $230,000 None Listed On Document
Garrett Amy L -- None Available
Garrett Leif Charles $70,000 Elite Title Company Inc
Weeks $46,000 --
Wilmoth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bake John A $207,000
Previous Owner Garrett Leif Charles $73,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $230,000 +7.0% $118 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $215,000 +207.1% $111 / Sq Ft
04/27/2012 04/27/12 Sold $70,000 -17.6% $36 / Sq Ft View Prior Sale
03/28/2012 03/28/12 Pending -- -- --
07/28/2010 07/28/10 For Sale $85,000 -- $44 / 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 $1,690 $42,920 $5,600 $37,320
2024 $1,517 $42,920 $5,600 $37,320
2023 $1,379 $28,120 $3,400 $24,720
2022 $733 $28,120 $3,400 $24,720
2021 $673 $28,120 $3,400 $24,720
2020 $633 $19,550 $1,800 $17,750
2019 $633 $19,550 $1,800 $17,750
2018 $658 $19,550 $1,800 $17,750
2017 $609 $19,550 $1,800 $17,750
2016 $583 $19,550 $1,800 $17,750
2015 $893 $18,120 $1,800 $16,320
2014 $543 $18,120 $1,800 $16,320
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Limbird Team

    Limbird Real Estate Group

    (844) 955-7368

    36 in this area

    2,469 Total Sales

    The Limbird Team
    Section Image
  • Bob Orband

    Seller's Agent in 2012

    Bob Orband

    Lindsey & Assoc Inc Branch

    (479) 636-2200

    38 Total Sales

    Bob Orband
    Section Image

  • C

    Buyer's Agent in 2012

    Christy Green

    Green Heart Realty

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1223470

Northwest Arkansas Board of REALTORS®

APN: 11-00482-000

Arkansas Benton County Gravette 72736

501 Main St SE, Gravette, AR

Not Listed for Sale

Detached

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