NOT LISTED FOR SALE

506 S Fifth Ave Fort Smith, AR 72916

Estimated Value: $112,000 - $148,835

4 Beds
2 Baths
1,536 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $92,000 $60 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $712/month

45 Days on Market

Highlights

  • Barn
  • Covered Patio or Porch
  • Built-In Features
  • Corner Lot
  • Separate Outdoor Workshop
  • 1-Story Property

About This Home

As of October 2019

Who wants a small farm on an entire city block?? Home is being sold as is. Great bones!! Just needs a little TLC. 1536 Sqft. 4 bedrooms, 2 full baths, Hardwood floors under most all flooring. Country front porch! Separate large workshop, 2 Barns, Storage Building with Boat house!!! Electric & Gas ran to all outbuilding!! This property is 1.83 Acres with Mature Pecan & Walnut Trees, Producing Grape Vines, Fenced in area for livestock!! Wouldn't take much to make this property an absolute dream!!!

Last Agent to Sell the Property

Rhonda Black

Inactive Agents Ft. Smith License #EB00067762 Listed on: 08/09/2019

Inactive Agents Ft. Smith

Last Buyer's Agent

Charlotte King

Weichert, REALTORS® - The Griffin Company License #SA00065613

Weichert, REALTORS® - The Griffin Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108

Year Built

  • Built in 1960

Lot Details

  • 1.83 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Crawl Space
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Carport
  • Unpaved Driveway

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Well House

Schools

  • Hackett Elementary And Middle School
  • Hackett High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • City Lot
  • Barn

Community Details

  • Second Bonanza Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-12 / 7
  • Assessor Parcel Number 63404-0012-00007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$108

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLotFeatures: Cleared, Corner Lot, City Lot, Level
  • ResoPoolFeatures: None
  • Co List Office Mls Id: F3630
  • ResoSpecialListingConditions: None
  • Subdivision Name: Second-Bonanza
  • Directions: Take hwy 45 south to Bonanza, turn right onto Woodson Ave, then turn left onto South Fifth Ave. House will be on the right.
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Vinyl
  • Reso Interior Features: Built-in Features, Eat-in Kitchen
  • Unit Levels: One
  • Reso Other Structures: Barn(s), Outbuilding, Storage, Well House, Workshop
  • Reso Roof: Asphalt, Shingle
  • Reso Structure Type: House
  • ResoWindowFeatures: Blinds
  • Year Built Details: 25 Years or older
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances: Some Electric Appliances, Gas Water Heater, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Other, Partial, See Remarks
  • Acres: 1.83
  • Construction Type: Masonite
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Hackett
  • Ninth Grade High School: Hackett
  • Middle Or Junior School: Hackett

Lot Info

  • Lot Dimensions: 1.83 ACRES
  • Parcel #: 63404-0012-00007-00

Tax Info

  • Tax Annual Amount: 108.0
  • Tax Block: 7
  • Tax Lot: 1-12

MLS Schools

  • Elementary School: Hackett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Kwac King Inc
Bought by
Montenegro Victor Hugo
Current Estimated Value
$123,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Outstanding Balance
$85,648
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$37,811

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 24, 2019
Sold by
Mickle Ethel and Mickle Chester
Bought by
King Kwac
Seller's Agent
Rhonda Black
Inactive Agents Ft. Smith
Buyer's Agent
Charlotte King
Weichert, REALTORS® - The Griffin Company
List Price
$112,800
Sold Price
$92,000
Premium/Discount to List
-$20,800
-18.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$78,200
Interest Rate
3.5%
Mortgage Type
Commercial
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
Montenegro Victor Hugo $113,000 Martin Land & Title
King Kwac $92,000 Western Arkansas Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montenegro Victor Hugo $89,000
Previous Owner King Kwac $78,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $92,000 -18.4% $60 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $112,800 -- $73 / Sq Ft
Source: Western River Valley 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 $717 $13,920 $1,500 $12,420
2023 $292 $13,920 $1,500 $12,420
2022 $342 $13,920 $1,500 $12,420
2021 $342 $13,920 $1,500 $12,420
2020 $342 $13,920 $1,500 $12,420
2019 $83 $13,180 $1,500 $11,680
2018 $108 $13,180 $1,500 $11,680
2017 $108 $13,180 $1,500 $11,680
2016 $458 $13,180 $1,500 $11,680
2015 $458 $13,180 $1,500 $11,680
2014 $108 $8,900 $1,000 $7,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rhonda Black

    Inactive Agents Ft. Smith

    Section Image

  • C

    Buyer's Agent in 2019

    Charlotte King

    Weichert, REALTORS® - The Griffin Company

    (479) 461-6700

    63 Total Sales

    Charlotte King
    Section Image
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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1026984

APN: 63404-0012-00007-00

Arkansas Sebastian County Fort Smith 72916

506 S Fifth Ave, Fort Smith, AR

This home is located at 506 S Fifth Ave, Fort Smith, AR 72916 since 09 August 2019 and is currently estimated at $123,459, approximately $80 per square foot. This property was built in 1960. 506 S Fifth Ave is a home located in Sebastian County with nearby schools including Hackett Elementary School and Hackett High School.

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