NOT LISTED FOR SALE

505 S West Ave Lincoln, AR 72744

Estimated Value: $203,000 - $232,000

3 Beds
2 Baths
1,809 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 06, 2013

Last sale price $72,341 $40 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,192/month

38 Days on Market

Highlights

  • 0.83 Acre Lot
  • No HOA
  • Patio
  • Pole Barn
  • 2 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of August 2013

Solid all brick with a detached garage and workshop which has a finished second story, all this on .8 of an acre.Case # 031-339491 all bids submitted on www.hudhomestore.com

Last Agent to Sell the Property

George Brace

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00056894 Listed on: 05/29/2013

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Neil Helm

Lincoln Area Realty License #PB00046499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 1955

Lot Details

  • 0.83 Acre Lot
  • Cleared Lot

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Pole Barn
  • Separate Outdoor Workshop
  • Outbuilding

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lincoln Outlets Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$615

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Lot Size: IRREG
  • Road Frontage Type: Public Road
  • Subdivision Name: Lincoln Outlets
  • Directions: Hwy 62 West to Lincoln, Turn South on West, Right before the post office.
  • Architectural Style: Hill Country
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: None
  • Living Area: 1809.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding, Pole Barn, Workshop
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lincoln

Lot Info

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

Tax Info

  • Tax Annual Amount: 615.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Aug 5, 2013
Sold by
The Secretary Of Hud
Bought by
Lunsford Gerald B and Lunsford Martha C
Seller's Agent
George Brace
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Neil Helm
Lincoln Area Realty
List Price
$80,000
Sold Price
$72,341
Premium/Discount to List
-$7,659
-9.57%
Current Estimated Value
$221,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,872
Avg. Annual Appreciation
9.57%
Original Mortgage
$95,000
Interest Rate
4.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 18, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jan 1, 1985
Bought by
Bullington Lawrence L and Bullington Myrtle
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
Lunsford Gerald B -- Professional Land Title Comp
Secretary Of Hud -- None Available
Bullington Lawrence L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lunsford Gerald B $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2013 08/06/13 Sold $72,341 -9.6% $40 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $80,000 -- $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 $353 $37,050 $8,000 $29,050
2024 $453 $37,050 $8,000 $29,050
2023 $542 $37,050 $8,000 $29,050
2022 $592 $23,070 $3,240 $19,830
2021 $592 $23,070 $3,240 $19,830
2020 $592 $23,070 $3,240 $19,830
2019 $592 $18,210 $3,000 $15,210
2018 $617 $18,210 $3,000 $15,210
2017 $608 $18,210 $3,000 $15,210
2016 $608 $18,210 $3,000 $15,210
2015 $608 $18,210 $3,000 $15,210
2014 $615 $17,970 $3,150 $14,820
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    George Brace

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 640-5300

    11 Total Sales

    George Brace
    Section Image

  • N

    Buyer's Agent in 2013

    Neil Helm

    Lincoln Area Realty

    (479) 824-2020

    16 in this area

    31 Total Sales

    Neil Helm
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 681501

Northwest Arkansas Board of REALTORS®

APN: 790-18967-000

Arkansas Washington County Lincoln 72744

505 S West Ave, Lincoln, AR

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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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