NOT LISTED FOR SALE

507 2nd Ave SW Gravette, AR 72736

Estimated Value: $246,000 - $296,000

4 Beds
2 Baths
1,798 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $198,500 $110 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,666/month

78 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Covered patio or porch
  • Gravette Middle School Rated A-
  • Farmhouse Style Home
  • 5-minute walk to Gravette Walk-Bike Scenic Trail

About This Home

As of November 2020

Modern farmhouse in the city. This beautiful 4 bed / 2 bath home has undergone an extensive remodel. Lots of care and attention to detail have went into the completion of this home. Farmhouse character everywhere you look from the light & bright kitchen to the cozy reading nook to the expansive pantry! New roof / new HVAC / new siding / new plumbing / new electrical / new double pane windows / gutters / flooring / lighting & plumbing fixtures. Lots of custom woodwork. Welcome home!

Last Agent to Sell the Property

Jennifer Elder

Lindsey & Assoc Inc Branch License #SA00081537 Listed on: 07/23/2020

Last Buyer's Agent

Denise Contreras-Serrano

DC Real Estate License #AB00080926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $797

Lot Details

  • 0.38 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • <<energyStarQualifiedWindowsToken>>
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block S/2 / 1/2

Community Details

Recreation

  • Park

Additional Features

  • Wells Add Gravette Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$797

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Frontage Type: Shared
  • Road Surface Type: Paved
  • Subdivision Name: Wells Add Gravette
  • Directions: AR 59 to 4 way stop in town / W on 2nd Ave SW
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: Age Unknown
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Plumbed For Ice Maker
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Programmable Thermostat
  • Living Area: 1798.0
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Near Park, Subdivision
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck
  • Roof: Asphalt, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm, 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

Condo/Co-op/Association

  • Community Features: Near Schools, Park, Shopping

Schools

  • Junior High Dist: Gravette

Lot Info

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

Tax Info

  • Tax Annual Amount: 797.0
  • Tax Block: 1/2
  • Tax Lot: S/2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 9, 2020
Sold by
Flipping Nwa Llc
Bought by
Rivas Maria Paula Rangel
Seller's Agent
Jennifer Elder
Lindsey & Assoc Inc Branch
Buyer's Agent
Denise Contreras-Serrano
DC Real Estate
List Price
$205,000
Sold Price
$198,500
Premium/Discount to List
-$6,500
-3.17%
Current Estimated Value
$276,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,114
Avg. Annual Appreciation
8.96%
Original Mortgage
$194,904
Outstanding Balance
$175,404
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$121,458

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 2, 2019
Sold by
The Bank Of New York Mellon
Bought by
Elder Steven and Elder Jennifer
Seller's Agent
Michele Watkins
Lindsey & Assoc Inc Branch
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$44,900
Sold Price
$32,000
Premium/Discount to List
-$12,900
-28.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
611.65%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Genny & Joe Properties Llc
Bought by
Robinson Vickie and Robinson Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2004
Bought by
Genny & Joe Prop

Purchase Details

Closed on
Nov 3, 2000
Bought by
Torabi M

Purchase Details

Closed on
Oct 13, 1998
Bought by
Torabi

Purchase Details

Closed on
Jul 28, 1998
Bought by
Nationsbanc

Purchase Details

Closed on
Nov 20, 1996
Bought by
Wiener

Purchase Details

Closed on
Mar 14, 1983
Bought by
Graves
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
Rivas Maria Paula Rangel $198,500 None Listed On Document
Elder Steven $32,000 Associates Closing & Ttl Llc
Robinson Vickie $55,000 None Available
Genny & Joe Prop -- --
Torabi M $100,000 --
Torabi $35,000 --
Nationsbanc -- --
Wiener $45,000 --
Graves $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Maria Paula Rangel $14,312
Open Rivas Maria Paula Rangel $194,904
Previous Owner Robinson Vickie $82,400
Previous Owner Robinson Vickie $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $198,500 -3.2% $110 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $205,000 +540.6% $114 / Sq Ft
12/04/2019 12/04/19 Sold $32,000 -28.7% $18 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $44,900 -- $25 / 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 $1,652 $44,643 $5,600 $39,043
2023 $1,502 $30,630 $3,400 $27,230
2022 $1,578 $30,630 $3,400 $27,230
2021 $1,564 $30,630 $3,400 $27,230
2020 $797 $15,460 $1,800 $13,660
2019 $797 $15,460 $1,800 $13,660
2018 $797 $15,460 $1,800 $13,660
2017 $758 $15,460 $1,800 $13,660
2016 $758 $15,460 $1,800 $13,660
2015 $730 $14,810 $1,000 $13,810
2014 $730 $14,880 $1,000 $13,880
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Elder

    Lindsey & Assoc Inc Branch

  • Denise Contreras-Serrano

    Buyer's Agent in 2020

    Denise Contreras-Serrano

    DC Real Estate

    (717) 307-7185

    7 in this area

    156 Total Sales

    Denise Contreras-Serrano
    Section Image
  • Michele Watkins

    Seller's Agent in 2019

    Michele Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0638

    1 in this area

    114 Total Sales

    Michele Watkins
    Section Image
  • Mark Watkins

    Seller Co-Listing Agent in 2019

    Mark Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0010

    101 Total Sales

    Mark Watkins
    Section Image

  • N

    Buyer's Agent in 2019

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1154312

Northwest Arkansas Board of REALTORS®

APN: 11-00766-000

Arkansas Benton County Gravette 72736

507 2nd Ave SW, Gravette, AR

This home is located at 507 2nd Ave SW, Gravette, AR 72736 since 23 July 2020 and is currently estimated at $276,614, approximately $153 per square foot. 507 2nd Ave SW 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.

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