NOT LISTED FOR SALE

507 2nd Ave SW Gravette, AR 72736

Gravette Area

Estimated Value: $266,054 - $329,000

4 Beds
2 Baths
1,798 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2020

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

Est. 55% increase in value since last sale

Current estimated payment $1,825 / mo

78 Days on Market

Highlights

  • Deck
  • Property is near park and schools
  • 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 #EB00080926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $797

Lot Details

  • 16,553 Sq Ft 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
  • ENERGY STAR Qualified Windows
  • 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 park and schools

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

0.38 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Nov 9, 2020
Sold by
Bought by
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
$307,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,514
Avg. Annual Appreciation
7.92%
Original Mortgage
$194,904
Interest Rate
0.028%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 2, 2019
Sold by
Bought by
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
Bought by

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
0.0865%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2004
Bought by

Purchase Details

Closed on
Nov 3, 2000
Bought by

Purchase Details

Closed on
Oct 13, 1998
Bought by

Purchase Details

Closed on
Jul 28, 1998
Bought by

Purchase Details

Closed on
Nov 20, 1996
Bought by

Purchase Details

Closed on
Mar 14, 1983
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$198,500 None Listed On Document
$32,000 Associates Closing & Ttl Llc
$55,000 None Available
-- --
$100,000 --
$35,000 --
-- --
$45,000 --
$18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $11,383
Closed $9,932
Closed $14,312
Open $194,904
Previous Owner $82,400
Previous Owner $65,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
11/04/2019 11/04/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $44,900 -- $25 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,841 $44,643 $5,600 $39,043
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

  • Michele Watkins

    Seller's Agent in 2019

    Michele Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0638

    120 Total Sales

    Michele Watkins
    Section Image
  • Mark Watkins

    Seller Co-Listing Agent in 2019

    Mark Watkins

    Lindsey & Assoc Inc Branch

    (479) 381-0010

    99 Total Sales

    Mark Watkins
    Section Image

  • N

    Buyer's Agent in 2019

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: ArkansasOne MLS

MLS Number: 1154312

ArkansasOne MLS

APN: 11-00766-000

Arkansas Benton County Gravette 72736

507 2nd Ave SW, Gravette, 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.

ArkansasOne 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. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.