NOT LISTED FOR SALE

502 E Jackson Ave Monticello, AR 71655

Estimated Value: $68,000 - $114,000

2 Beds
1.5 Baths
1,008 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $35,000 $35 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $453/month

235 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Eat-In Kitchen
  • Wood Flooring
  • Home Office
  • 1-Story Property

About This Home

As of October 2018

ATTENTION INVESTORS. This 2 bedroom, 1.5 bath home would make great rental property. Eat-in kitchen includes gas stove. Living room has hardwood flooring and ceiling fan. Each bedroom has ceiling fan. There is no central heat/air. Rewired approximately 2011 and additional insulation added in the attic. Single carport with utility room. A separate workshop is also included. This home is priced to sell "as-is". Call me today for an appointment.

Last Agent to Sell the Property

Virginia Ward

Monticello Realty Listed on: 02/26/2018

Last Buyer's Agent

Virginia Ward

Monticello Realty Listed on: 02/26/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1948

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Outdoor Storage

Schools

  • Monticello Elementary And Middle School
  • Monticello High School

Utilities

  • No Cooling
  • No Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Outside Storage Area
  • LVT Date: 02/28/2018
  • Price Per Sq Ft: 34.72
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Other Room 1: 7.4x11.5
  • Estimated Sq Ft: 1008
  • Bedrooms: 2
  • Floors: Laminate, Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Dim: 13x13.6
  • Kitchen Equip: Gas Range
  • Living Room Dim: 13.1x13.1
  • Master Bedroom Dim: 13.1x10.1
  • Other Rooms: Office/Study
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: No Cooling, No Heating

Schools

  • Elementary School: Monticello
  • Middle School: Monticello
  • High School: Monticello
  • Junior High: Monticello

Lot Info

  • Estimated Lot Size: 0.3
  • Estimated Lot Size: 75x175
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 256
  • Year: 2017

MLS Schools

  • Elementary School: Monticello
  • HighSchool: Monticello
  • Middle School: Monticello

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Bought by
Neilson Emily
Current Estimated Value
$83,425

Purchase Details

Listed on
Feb 26, 2018
Closed on
Oct 19, 2018
Bought by
Neilson Teresa
Seller's Agent
Virginia Ward
Monticello Realty
Buyer's Agent
Virginia Ward
Monticello Realty
List Price
$42,000
Sold Price
$35,000
Premium/Discount to List
-$7,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Mar 5, 2010
Sold by
Shook Steven
Bought by
Shook Steven Edward

Purchase Details

Closed on
Apr 1, 1988
Bought by
Shook Erwin
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
Neilson Emily $55,000 --
Neilson Teresa $35,000 --
Shook Steven Edward -- --
Shook Erwin $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shook Steven Edward $31,061
Previous Owner Shook Steven Edward $4,720
Previous Owner Shook Steven Edward $30,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2018 10/27/18 Pending -- -- --
10/19/2018 10/19/18 Sold $35,000 0.0% $35 / Sq Ft
09/01/2018 09/01/18 Off Market $35,000 -- --
08/04/2018 08/04/18 Price Changed $38,000 -9.5% $38 / Sq Ft
02/26/2018 02/26/18 For Sale $42,000 -- $42 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 -- $8,720 $1,210 $7,510
2023 $0 $8,720 $1,210 $7,510
2022 $0 $7,010 $1,210 $5,800
2021 $293 $7,010 $1,210 $5,800
2020 $267 $5,580 $1,100 $4,480
2019 $267 $5,580 $1,100 $4,480
2018 $267 $5,580 $1,100 $4,480
2017 $0 $5,580 $1,100 $4,480
2016 $0 $5,580 $1,100 $4,480
2015 -- $4,660 $1,100 $3,560
2014 -- $4,660 $1,100 $3,560
Source: Public Records

Agents Affiliated with this Home

  • Virginia Ward

    Seller's Agent in 2018

    Virginia Ward

    Monticello Realty

    (870) 723-4142

    110 Total Sales

    Virginia Ward
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18006029

Cooperative Arkansas REALTORS® MLS

APN: 703-01803-000

Arkansas Drew County Monticello 71655

502 E Jackson Ave, Monticello, AR

This home is located at 502 E Jackson Ave, Monticello, AR 71655 since 26 February 2018 and is currently estimated at $83,425, approximately $82 per square foot. This property was built in 1948. 502 E Jackson Ave is a home located in Drew County with nearby schools including Monticello Elementary School, Monticello Intermediate School, and Monticello Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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