507 2nd Ave SW Gravette, AR 72736
4
Beds
2
Baths
1,798
Sq Ft
0.38
Acres
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 2020Modern 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
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
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
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
Similar Homes in Gravette, AR
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $198,500 | None Listed On Document | |
| Special Warranty Deed | $32,000 | Associates Closing & Ttl Llc | |
| Warranty Deed | $55,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $35,000 | -- | |
| Corporate Deed | -- | -- | |
| Warranty Deed | $45,000 | -- | |
| Warranty Deed | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $14,312 | FHA | |
| Open | $194,904 | FHA | |
| Previous Owner | $82,400 | Unknown | |
| Previous Owner | $65,500 | Adjustable Rate Mortgage/ARM |
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
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
155 Total Sales
-
Michele Watkins
Seller's Agent in 2019
Michele Watkins
Lindsey & Assoc Inc Branch
(479) 381-0638
1 in this area
113 Total Sales
-
Mark Watkins
Seller Co-Listing Agent in 2019
Mark Watkins
Lindsey & Assoc Inc Branch
(479) 381-0010
100 Total Sales
-
N
Buyer's Agent in 2019
Non MLS
Non MLS Sales
Map
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1154312
APN: 11-00766-000
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