NOT LISTED FOR SALE

501 N Main Ave Lincoln, AR 72744

Estimated Value: $254,000 - $285,000

3 Beds
2 Baths
1,836 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $250,000 $136 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,604/month

138 Days on Market

Highlights

  • Attic
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of December 2022

Well maintained, 3-bedroom, 2-bath open concept home in the heart of Lincoln, Arkansas.
Located a convenient two blocks from Lincoln’s historic town square with the property itself sitting
adjacent to the local middle and elementary schools. Oversized garage with zero steps into home allow easy access. Multiple outside living spaces with front porch overlooking flower beds with annuals and 2 patio spaces on the Northwest and Southwest ends of the home. Kitchen boasts 2 eating areas with oversized dining room and cozy breakfast nook. Lots of space in the many cabinets in the kitchen with all appliances conveying. Master suite is generously sized with a 5-piece bath with separate shower, tub and dual sinks. .44 acre lot located close to schools and shopping make this a perfect location! This home is clean and spacious - see it soon!

Last Agent to Sell the Property

Connor Mutzig

Lincoln Area Realty License #AB00082041 Listed on: 08/02/2022

Last Buyer's Agent

Brian Curtis

Keller Williams Market Pro Realty - Rogers Branch

Keller Williams Market Pro Realty - Rogers Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1999

Lot Details

  • 0.45 Acre Lot
  • Landscaped
  • Corner Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector
  • Washer
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Accessible Doors
  • Covered Patio or Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Lincoln Outlots Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.445
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Lincoln Outlots
  • Directions: From Lincoln take Main Ave. north to the middle school. property is at the corner of School and Main.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Washer, Plumbed For Ice Maker
  • Accessibility Features: Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Eat-in Kitchen, Pantry, See Remarks
  • Living Area: 1836.0
  • Window Features: Blinds, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot, City Lot, Landscaped, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1664.0
  • Tax Block: NA
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Dec 19, 2022
Sold by
Helm Delbert Neil and Helm Doris Jean
Bought by
Buchanan Dale B and Buchanan Suzan B
Seller's Agent
Connor Mutzig
Lincoln Area Realty
Buyer's Agent
Brian Curtis
Keller Williams Market Pro Realty - Rogers Branch
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Views
23
Current Estimated Value
$266,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,708
Avg. Annual Appreciation
2.26%
Original Mortgage
$250,000
Outstanding Balance
$237,055
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$29,653
Source: Public Records

Range of Values:

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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
Buchanan Dale B $250,000 Waco Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Dale B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $250,000 -3.8% $136 / Sq Ft
09/28/2022 09/28/22 Price Changed $260,000 -1.9% $142 / Sq Ft
09/09/2022 09/09/22 Price Changed $265,000 -1.9% $144 / Sq Ft
08/02/2022 08/02/22 For Sale $270,000 -- $147 / 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 $2,411 $45,150 $6,000 $39,150
2024 $2,411 $45,150 $6,000 $39,150
2023 $2,447 $45,150 $6,000 $39,150
2022 $1,664 $30,710 $2,520 $28,190
2021 $1,664 $30,710 $2,520 $28,190
2020 $1,553 $30,710 $2,520 $28,190
2019 $1,411 $26,040 $2,400 $23,640
2018 $1,411 $26,040 $2,400 $23,640
2017 $1,398 $26,040 $2,400 $23,640
2016 $1,398 $26,040 $2,400 $23,640
2015 $1,398 $26,040 $2,400 $23,640
2014 $1,367 $25,460 $2,630 $22,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1225963

Northwest Arkansas Board of REALTORS®

APN: 790-18720-002