NOT LISTED FOR SALE

507 Petros Ave Mena, AR 71953

Estimated Value: $86,000 - $111,000

2 Beds
1 Bath
952 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $68,000 $71 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $573/month

Highlights

  • Creek or Stream View
  • Porch
  • Walk-In Closet
  • Creek On Lot
  • Eat-In Kitchen
  • Bungalow

About This Home

As of September 2021

Sweet home on almost 3/4 acre, convenient to stores, post office & schools. Central heat & air, one-car carport, 8x12 storage building. Laminate flooring for easy upkeep, all electric. Also a creek in the back!

Last Agent to Sell the Property

Nancy Wright

RE/MAX Mena Real Estate, Inc. Listed on: 07/12/2021

RE/MAX Mena Real Estate, Inc.

Last Buyer's Agent

David Oates

Vision Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $316

Year Built

  • Built in 1950

Lot Details

  • 0.74 Acre Lot
  • Lot Sloped Down

Home Design

  • Bungalow
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Creek or Stream Views
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Creek On Lot
  • Porch

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Satellite Dish

Community Details

  • Stream

Home Details

Home Type

Single Family

Est. Annual Taxes

$316

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Porch, Guttering
  • Inside City Limits: Yes
  • Legal 2: ft Lot 3, Hornbeck's Blk 26, V
  • LVT Date: 07/13/2021
  • Price Per Sq Ft: 71.43
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 952
  • Bedrooms: 2
  • Floors: Laminate, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition
  • Waterfront: Creek, Year Round Creek

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Mena
  • Middle School: Mena
  • High School: Mena

Lot Info

  • Estimated Lot Size: 0.74
  • Estimated Lot Size: 248x130
  • Lot: Sloped, Creek, Not In Subdivision, Down Slope
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 315.84

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 30, 2021
Sold by
David Haddox Eldon
Bought by
Lundberg Garret
Seller's Agent
Nancy Wright
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
David Oates
Vision Realty
List Price
$70,000
Sold Price
$68,000
Premium/Discount to List
-$2,000
-2.86%
Current Estimated Value
$101,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,355
Avg. Annual Appreciation
10.36%
Original Mortgage
$66,768
Outstanding Balance
$60,886
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$40,469

Purchase Details

Closed on
Jul 11, 2016
Sold by
Strother Steven and Strother Elizabeth
Bought by
Haddox Eldon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,789
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Wimberly Grundy and Wimberly Karen
Bought by
Strother Steve and Strother Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,429
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 3, 2002
Bought by
Wiles Colten

Purchase Details

Closed on
May 1, 1994
Bought by
Lee Glenn and Lee Judy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lundberg Garret $68,000 Mena Title
Haddox Eldon David $55,200 Mena Title Company Inc
Strother Steve -- None Available
Wiles Colten $5,000 --
Lee Glenn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundberg Garret $66,768
Previous Owner Haddox Eldon David $57,789
Previous Owner Strother Steve $39,429
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $68,000 -2.9% $71 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $70,000 -- $74 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $426 $11,920 $2,740 $9,180
2023 $391 $11,920 $2,740 $9,180
2022 $364 $8,340 $1,470 $6,870
2021 $316 $8,340 $1,470 $6,870
2020 $316 $8,340 $1,470 $6,870
2019 $316 $8,340 $1,470 $6,870
2018 $0 $8,340 $1,470 $6,870
2017 $0 $7,050 $1,470 $5,580
2016 $316 $7,050 $1,470 $5,580
2015 $316 $7,050 $1,470 $5,580
2014 $305 $7,050 $1,470 $5,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21022226

Cooperative Arkansas REALTORS® MLS

APN: 6000-02382-0050