NOT LISTED FOR SALE

501 S Main Ave Lincoln, AR 72744

Estimated Value: $192,000 - $215,000

3 Beds
2 Baths
1,304 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $93,000 $71 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,171/month

25 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Traditional Architecture
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of November 2017

This charming home built in 1926 has 3 beds/2 baths & 1304 sq ft Original character has been preserved inside with original trim around doors & windows. Perfect starter home for first time buyer or great investment property. House has outbuilding that used to be music studio so it's wire for electricity. Covered front porch. Home sits on a large lot for a house in town. Almost .5 acre. Beautiful huge old magnolia tree in front yard. Home has trane clean effects whole home hospital grade air purifier.

Last Agent to Sell the Property

Kelly Hatchett

Collier & Associates- Rogers Branch Listed on: 09/08/2017

Last Buyer's Agent

Nicole Brekelbaum

Collier & Associates - Farmington Branch License #EB00076231

Collier & Associates - Farmington Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1926

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Lincoln Outlots Subdivision

Listing and Financial Details

  • Legal Lot and Block 30 / 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$872

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Shared
  • Subdivision Name: Lincoln Outlots
  • Directions: From i-49 s take exit 62. Turn right and stay on hwy 62 for 17 miles. Once in lincoln, turn left onto s main street. House will be on the right side of the street.
  • Architectural Style: Traditional
  • 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: 1926
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1926

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1304.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Level
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Aggregate, Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Block: 15
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 2, 2017
Sold by
Sanders Melissa Nicole
Bought by
Gray Sean
Seller's Agent
Kelly Hatchett
Collier & Associates- Rogers Branch
Buyer's Agent
Nicole Brekelbaum
Collier & Associates - Farmington Branch
List Price
$93,000
Sold Price
$93,000
Total Days on Market
25
Current Estimated Value
$205,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,150
Avg. Annual Appreciation
10.53%
Original Mortgage
$89,887
Outstanding Balance
$75,996
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$126,807

Purchase Details

Closed on
Aug 18, 2015
Bought by
Sanders Melissa Nickole

Purchase Details

Closed on
Mar 4, 2010
Sold by
Federal National Mortgage Association
Bought by
Ayers Terrica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,750
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2006
Sold by
Crawley Aaron D and Davis Amy
Bought by
Lombera Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Goodwin Jean A
Bought by
Crawley Aaron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1995
Bought by
Zeiler Byrones Hoyt and Lori Anne

Purchase Details

Closed on
Nov 27, 1990
Bought by
Conners Michelle

Purchase Details

Closed on
Feb 23, 1990
Bought by
Cary Mary and Conner Michelle

Purchase Details

Closed on
Jan 1, 1985
Bought by
Cary Clark C and Cary Mary S
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
Gray Sean $93,000 Waco Title Co
Sanders Melissa Nickole $79,000 --
Ayers Terrica -- None Available
Lombera Maria $102,000 Blue Star Title Of Ar Inc
Crawley Aaron D $30,000 Blue Star Title Of Arkansas
Zeiler Byrones Hoyt -- --
Conners Michelle -- --
Cary Mary -- --
Cary Clark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Sean $89,887
Previous Owner Ayers Terrica $67,750
Previous Owner Lombera Maria $102,000
Previous Owner Crawley Aaron D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2017 11/03/17 Sold $93,000 0.0% $71 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $93,000 -- $71 / 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
2024 $638 $33,030 $6,000 $27,030
2023 $678 $33,030 $6,000 $27,030
2022 $675 $20,960 $2,520 $18,440
2021 $630 $20,960 $2,520 $18,440
2020 $584 $20,960 $2,520 $18,440
2019 $913 $16,850 $2,700 $14,150
2018 $913 $16,850 $2,700 $14,150
2017 $555 $16,850 $2,700 $14,150
2016 $555 $16,850 $2,700 $14,150
2015 $872 $16,850 $2,700 $14,150
2014 $774 $14,410 $2,630 $11,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1056509

Northwest Arkansas Board of REALTORS®

APN: 790-18915-000