NOT LISTED FOR SALE

501 Melrose Ave Fort Smith, AR 72903

Estimated Value: $185,000 - $268,000

4 Beds
2.5 Baths
2,346 Sq Ft
$100/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $175,000 $75 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,375/month

24 Days on Market

Highlights

  • Gated Community
  • Deck
  • Attic
  • Fireplace in Bedroom
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2021

Classic, southern charm and a front porch made for entertaining give this home all the curb appeal you could ever need. Spacious 4BR 2.5 BA older home centrally located in Fort Smith. This classic home has formal living and dining rooms, beautiful wood molding, some wood flooring in upstairs and possibly under the carpeting downstairs, beautiful front porch, nicely landscaped yard, privacy fenced back yard, 2 car detached garage. Close to UAFS. Would make a beautiful bed/breakfast! Nice area.

Last Agent to Sell the Property

Yolanda Mullins

The Heritage Group Real Estate License #EB00058136 Listed on: 02/02/2021

Last Buyer's Agent

Brandon Inge

The Heritage Group Real Estate License #EB00074612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 87'x139'
  • Privacy Fence
  • Vinyl Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Attic
  • Basement

Kitchen

  • Oven
  • Cooktop
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • Albert Pike Elementary School
  • Darby Middle School
  • Northside High School

Utilities

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

Community Details

  • Brentwood Subdivision
  • Gated Community

Listing and Financial Details

  • Legal Lot and Block Lot 41 & 42 / D
  • Assessor Parcel Number 10843-0042-00004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Cleared, Corner Lot, City Lot, Landscaped, Level, Subdivision
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s), Gated Community
  • Co List Office Mls Id: F3676
  • ResoSpecialListingConditions: None
  • Subdivision Name: Brentwood
  • Directions: At intersection of Waldron Rd and Park Ave., follow Park Avenue and turn right onto Melrose Ave. Home is sitting on the corner of Melrose and Blackburn.
  • Reso Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Garage Yn: Yes
  • Reso Interior Features: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Storage
  • Unit Levels: Two
  • Reso Roof: Architectural, Shingle
  • Reso Structure Type: House
  • ResoWindowFeatures: Storm Window(s), Wood Frames
  • Year Built Details: 25 Years or older
  • Year Built: 1930
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Gas Water Heater, Oven, Refrigerator, Smooth Cooktop, Plumbed For Ice Maker
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Living Room, Wood Burning
  • Fireplaces: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Vinyl, Wood
  • Acres: 0.277
  • Construction Type: Frame, Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab, Cellar
  • Patio And Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • HeatingYN: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Curbs

Schools

  • Junior High Dist: Fort Smith
  • Ninth Grade High School: Northside
  • Middle Or Junior School: Darby

Lot Info

  • Lot Dimensions: 87'X139'
  • ResoLotSizeUnits: Acres
  • Parcel #: 10843-0042-00004-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1047.0
  • Tax Block: D
  • Tax Lot: Lot 41 & 42

MLS Schools

  • Elementary School: Albert Pike

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 29, 2021
Sold by
Mcadams Robert H and Robert H Mcadams Rev Tr
Bought by
Smith Megan Elise
Seller's Agent
Yolanda Mullins
The Heritage Group Real Estate
Buyer's Agent
Brandon Inge
The Heritage Group Real Estate
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$235,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,227
Avg. Annual Appreciation
7.02%
Original Mortgage
$140,000
Outstanding Balance
$127,257
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$109,784

Purchase Details

Closed on
Jan 12, 2015
Sold by
Mcadams Robert H and Mcadams Sherrill D
Bought by
Robert H Mcadams Revocable Trust

Purchase Details

Closed on
Dec 14, 1995
Bought by
Mcrae Duncan Christopher

Purchase Details

Closed on
Sep 16, 1991
Bought by
Mcrae Mcrae D and Mcrae Dolores D

Purchase Details

Closed on
Apr 26, 1985
Bought by
Williams Dianna M

Purchase Details

Closed on
Jul 7, 1980
Bought by
Eckelhoff Kenny R and Eckelhoff Dianna M

Purchase Details

Closed on
Jun 13, 1978
Bought by
Laborn Wayne Joy and Laborn Bettye L
Source: Public Records

Range of Values:

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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
Smith Megan Elise $175,000 Waco Title Co
Robert H Mcadams Revocable Trust -- None Available
Mcrae Duncan Christopher -- --
Mcrae Mcrae D $69,000 --
Williams Dianna M $8,000 --
Williams Dianna M -- --
Eckelhoff Kenny R $44,000 --
Laborn Wayne Joy $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Megan Elise $140,000
Previous Owner Mcadams Robert H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $175,000 0.0% $75 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $175,000 -- $75 / Sq Ft
Source: Western River Valley 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
2024 $1,463 $27,870 $3,200 $24,670
2023 $1,618 $27,870 $3,200 $24,670
2022 $1,618 $27,870 $3,200 $24,670
2021 $1,115 $27,870 $3,200 $24,670
2020 $1,047 $27,870 $3,200 $24,670
2019 $979 $23,320 $2,400 $20,920
2018 $1,004 $23,320 $2,400 $20,920
2017 $874 $23,320 $2,400 $20,920
2016 $1,142 $23,320 $2,400 $20,920
2015 $1,142 $23,320 $2,400 $20,920
2014 $738 $20,705 $2,000 $18,705
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2021

    Yolanda Mullins

    The Heritage Group Real Estate

    (479) 806-3608

    4 in this area

    23 Total Sales

    Yolanda Mullins
    Section Image

  • B

    Buyer's Agent in 2021

    Brandon Inge

    The Heritage Group Real Estate

    (479) 883-7553

    8 in this area

    52 Total Sales

    Brandon Inge
    Section Image
See All Agents

Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1042680

APN: 10843-0042-00004-00

Arkansas Sebastian County Fort Smith 72903

501 Melrose Ave, Fort Smith, AR

This home is located at 501 Melrose Ave, Fort Smith, AR 72903 since 02 February 2021 and is currently estimated at $235,227, approximately $100 per square foot. This property was built in 1930. 501 Melrose Ave is a home located in Sebastian County with nearby schools including Park Elementary School, William O. Darby Junior High School, and Northside High School.

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