NOT LISTED FOR SALE

506 2nd Ave SE Gravette, AR 72736

Estimated Value: $183,148 - $228,000

2 Beds
1 Bath
1,206 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $30,000 $25 Per Sq Ft

Est. 590% increase in value since last sale

Current estimated payment $1,170/month

322 Days on Market

Highlights

  • 1 Car Detached Garage
  • Porch
  • Ceiling Fan
  • Gravette Middle School Rated A-
  • Cooling Available
  • 3-minute walk to Gravette Pool and Splash Park

About This Home

As of May 2018

Remodel job that is livable.

Last Agent to Sell the Property

Tammy Mancia

Four States Realty License #PB00078180 Listed on: 05/16/2017

Last Buyer's Agent

Kyle Jones

Kaufmann Realty, LLC License #SA00073915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Floor Furnace
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$523

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: .
  • Directions: 506 2nd Street, Gravette, AR 
At Dollar Store in Gravette turn east onto Detroit, go to 2nd street turn north and house is on right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 1206.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Level, Subdivision
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Direction Faces: West
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Floor Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 523.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Jones Kyle Allen and Jones Joanna Kay
Bought by
Cessna Jonathan Michael
Current Estimated Value
$207,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,212
Outstanding Balance
$107,524
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$99,513

Purchase Details

Closed on
Dec 15, 2016
Sold by
Rowley Iris Elizabeth and Wilmoth Iris Elizabeth
Bought by
Rose Martha L and Karen Joan Nale Revocable Trust

Purchase Details

Closed on
Nov 24, 2004
Bought by
Nale

Purchase Details

Closed on
Oct 18, 1993
Bought by
Long

Purchase Details

Closed on
Oct 5, 1990
Bought by
Robison

Purchase Details

Closed on
Nov 6, 1987
Bought by
Alexander

Purchase Details

Closed on
Jun 4, 1987
Bought by
Huffman

Purchase Details

Closed on
Mar 17, 1987
Bought by
Huffman

Purchase Details

Closed on
Apr 16, 1976
Bought by
Withers
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cessna Jonathan Michael $120,000 Pci Advance Title
Rose Martha L -- None Available
Nale $45,000 --
Long $34,000 --
Robison -- --
Alexander $21,000 --
Huffman $30,000 --
Huffman $15,000 --
Withers $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cessna Jonathan Michael $121,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $30,000 -57.1% $25 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
05/16/2017 05/16/17 For Sale $69,900 +7.5% $58 / Sq Ft
02/12/2016 02/12/16 Sold $65,000 -17.7% $40 / Sq Ft View Prior Sale
01/13/2016 01/13/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $79,000 -- $49 / 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 $881 $26,823 $5,600 $21,223
2024 $824 $26,823 $5,600 $21,223
2023 $784 $15,990 $3,400 $12,590
2022 $449 $15,990 $3,400 $12,590
2021 $441 $15,990 $3,400 $12,590
2020 $560 $10,870 $1,800 $9,070
2019 $560 $10,870 $1,800 $9,070
2018 $560 $10,870 $1,800 $9,070
2017 $533 $10,870 $1,800 $9,070
2016 $526 $10,870 $1,800 $9,070
2015 $526 $10,670 $1,000 $9,670
2014 $526 $10,670 $1,000 $9,670
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tammy Mancia

    Four States Realty

  • K

    Buyer's Agent in 2018

    Kyle Jones

    Kaufmann Realty, LLC

    (479) 418-3220

    1 in this area

    14 Total Sales

    Kyle Jones
    Section Image

  • C

    Seller's Agent in 2016

    Christy Green

    Green Heart Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Samuel Green

    Green Heart Realty

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1047683

Northwest Arkansas Board of REALTORS®

APN: 11-00074-000

Arkansas Benton County Gravette 72736

506 2nd Ave SE, Gravette, AR

This home is located at 506 2nd Ave SE, Gravette, AR 72736 since 16 May 2017 and is currently estimated at $207,037, approximately $171 per square foot. This property was built in 1950. 506 2nd Ave SE is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette 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.

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.

Nearby Homes