NOT LISTED FOR SALE

507 N Wright St Siloam Springs, AR 72761

Estimated Value: $353,022 - $434,000

4 Beds
2 Baths
2,470 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $245,000 $99 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,341/month

54 Days on Market

Highlights

  • Home Theater
  • Colonial Architecture
  • Wood Burning Stove
  • Two Primary Bedrooms
  • Deck
  • 5-minute walk to Koala Park

About This Home

As of June 2020

Charming historic home with all the modern updates and efficiencies. This colonial beauty, originally built in 1906 (Historic Methodist Parsonage), has been intricately updated. This home is loaded with detail. You will not find another home like this anywhere in Siloam Springs, or NWA for that matter - old house, made new! Only 3 blocks from all downtown Siloam Springs has to offer, including 3 city parks, walking trails, coffee shops and restaurants. So much detail went into this home to preserve the charm and history while updating it with all efficiencies of a new home. New roof, electric, HVAC, plumbing, insulation, fixtures, surfaces, sidewalk with original brick inlays, granite, cedar fence. Seller providing a 1 year home warranty.

Last Agent to Sell the Property

Abbi Netzel

McGraw Realtors License #EB00082248 Listed on: 04/02/2020

McGraw Realtors

Co-Listed By

Renee McDougal

McGraw Realtors License #SA00063775

Last Buyer's Agent

Abbi Netzel

McGraw Realtors License #EB00082248 Listed on: 04/02/2020

McGraw Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1906

Lot Details

  • 7,405 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,470 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Stove
  • Blinds
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room
  • Game Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Cellar
  • Crawl Space

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Outbuilding
  • Storm Cellar or Shelter

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Programmable Thermostat
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block N/2 7-9 / 5

Community Details

Overview

  • Wm C Tates Add Siloam Spgs Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 43123
  • Co List Office Phone: 479- 524-3123
  • Subdivision Name: Wm C Tates Add Siloam Spgs
  • Directions: 3 blocks North on Wright Street from University
  • Architectural Style: Colonial, Historic/Antique
  • Carport Y N: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1906
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 3
  • Year Built: 1906

Interior Features

  • Appliances: Some Gas Appliances, Dishwasher, Electric Range, Disposal, Gas Water Heater, Refrigerator, Range Hood, Water Heater, Plumbed For Ice Maker
  • Has Basement: Unfinished, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, Wood Burning Stove, Multiple Master Suites
  • Living Area: 2470.0
  • Dining Room Type: Bonus Room, Game Room, Master Bedroom, Media Room
  • Window Features: Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Corner Lot, Near Park
  • Pool Features: None
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Other, See Remarks
  • Direction Faces: West
  • Foundation Details: Crawlspace, Cellar
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport, Aggregate, Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump, Wood Stove
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park, Sidewalks

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 740.0
  • Tax Block: 5
  • Tax Lot: N/2 7-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jun 26, 2020
Sold by
Headley Robert and Headley Paige
Bought by
Smaliwood Matthew Tyler and Smaliwood Morgan Pierece
Seller's Agent
Abbi Netzel
McGraw Realtors
Buyer's Agent
Abbi Netzel
McGraw Realtors
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%
Current Estimated Value
$396,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,256
Avg. Annual Appreciation
9.40%
Original Mortgage
$232,750
Outstanding Balance
$206,315
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$189,941

Purchase Details

Listed on
Jul 15, 2017
Closed on
Dec 15, 2017
Sold by
Varnadoc Todd and Varnadoc Adrienne
Bought by
Headley Robert and Headley Paige
Seller's Agent
Todd Varnadoe
Wright St. Real Estate
Buyer's Agent
Abbi Netzel
McGraw Realtors
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%

Purchase Details

Listed on
Jun 19, 2014
Closed on
May 1, 2015
Sold by
Goff Philip T and Goff Jan S
Bought by
Varnadoe Todd and Varnadoe Adrienne
Seller's Agent
Cammi Hevener
Keller Williams Market Pro Realty - Siloam Springs
Buyer's Agent
James Gibson
Gibson Real Estate
List Price
$89,500
Sold Price
$65,000
Premium/Discount to List
-$24,500
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.01%
Original Mortgage
$114,750
Interest Rate
3.73%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 30, 1989
Bought by
Goff

Purchase Details

Closed on
Jun 19, 1989
Bought by
Goff

Purchase Details

Closed on
Sep 28, 1984
Bought by
Parmain

Purchase Details

Closed on
Feb 2, 1983
Bought by
Rowles
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
Smaliwood Matthew Tyler $245,000 Realty Ttl & Closing Svcs Ll
Headley Robert $235,000 Realty Title & Closing Servi
Varnadoe Todd $65,000 Waco Title Company
Goff $53,000 --
Goff $53,000 --
Parmain $43,000 --
Rowles $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smaliwood Matthew Tyler $232,750
Previous Owner Varnadoe Todd $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $245,000 -8.9% $99 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $269,000 +14.5% $109 / Sq Ft
12/15/2017 12/15/17 Sold $235,000 -9.3% $95 / Sq Ft View Prior Sale
11/15/2017 11/15/17 Pending -- -- --
07/15/2017 07/15/17 For Sale $259,000 +298.5% $105 / Sq Ft
05/01/2015 05/01/15 Sold $65,000 -27.4% $34 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
06/19/2014 06/19/14 For Sale $89,500 -- $47 / 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 $3,160 $74,866 $7,400 $67,466
2024 $3,096 $74,866 $7,400 $67,466
2023 $2,949 $51,190 $5,600 $45,590
2022 $2,571 $51,190 $5,600 $45,590
2021 $2,564 $51,190 $5,600 $45,590
2020 $1,082 $25,300 $5,600 $19,700
2019 $1,457 $25,300 $5,600 $19,700
2018 $1,457 $25,300 $5,600 $19,700
2017 $740 $18,920 $5,600 $13,320
2016 $740 $18,920 $5,600 $13,320
2015 $616 $10,700 $1,600 $9,100
2014 $616 $10,700 $1,600 $9,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1142834

Northwest Arkansas Board of REALTORS®

APN: 03-03188-000