NOT LISTED FOR SALE

508 E Allen Ave Jonesboro, AR 72401

Estimated Value: $73,000 - $83,000

3 Beds
1 Bath
1,050 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $62,000 $59 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $435/month

Highlights

  • Traditional Architecture
  • Living Room
  • 1-Story Property
  • Breakfast Bar
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of July 2022

Are you looking for a rental property to add to your portfolio? This one has 3 bedrooms, 1 bath, laundry room, fenced backyard, HVAC that is two years old, and 200 amp service. No seller property disclosure to be provided, this property is sold AS IS, and the house needs some work. Call or text for more information or to schedule your showing appointment!

Last Agent to Sell the Property

Martha Tolson

Coldwell Banker/Village Comm License #00071301 Listed on: 04/07/2022

Coldwell Banker/Village Comm

Last Buyer's Agent

Seth Weston

NEW HORIZON REAL ESTATE License #00074466

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279

Lot Details

  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Jonesboro Magnet Elementary School
  • Annie Camp Middle School
  • Jonesboro High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-144181-31800

Home Details

Home Type

Single Family

Est. Annual Taxes

$279

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story, Traditional
  • Builder Owned: No
  • Legal Description: See exhibit A for legal
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Breakfast Bar
  • Windows Treatments: None
  • Appliances: Micro-Hood, Oven/Range Electric, Refrigerator
  • Fireplace Features: None
  • Floors: Vinyl
  • Bedrooms: 3
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: Yes
  • Bedroom 3 Level: Main
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry Room: Yes
  • Kitchen: Yes
  • Kitchen Comments: dining combo
  • Living Room: Yes
  • Price Per Square Foot: 59.05
  • Square Footage: 1050.0
  • Above Grade Finished Sq Ft: 1050

Exterior Features

  • Exterior: Vinyl Siding
  • Flood Zone: No
  • Roof: 3-Tab Shingles
  • Fencing Features: Chain Link
  • Foundation: Crawl Space

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling Features: Central, Electric
  • Heat Features: Central, Electric
  • Electric Features: CW&L
  • Gas Features: Natural Gas Available
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Jonesboro Magnet
  • Middle School: Annie Camp
  • High School: Jonesboro High School

Lot Info

  • Lot Measurement: A
  • Lot Description: Level

Tax Info

  • Year: 2021
  • Taxes: 279.36
  • Assessor Parcel Number: 01-144181-31800

MLS Schools

  • Elementary School: Jonesboro Magnet
  • HighSchool: Jonesboro High School
  • Jr High School: Annie Camp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jul 6, 2022
Sold by
Gom Investments Llc
Bought by
Diamond Ridge Properties Llc
Seller's Agent
Martha Tolson
Coldwell Banker/Village Comm
Buyer's Agent
Seth Weston
NEW HORIZON REAL ESTATE
List Price
$75,000
Sold Price
$62,000
Premium/Discount to List
-$13,000
-17.33%
Current Estimated Value
$77,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,254
Avg. Annual Appreciation
6.94%
Original Mortgage
$68,850
Outstanding Balance
$27,300
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$49,954

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 23, 2019
Sold by
Holman Candice
Bought by
Gom Investments Llc
Seller's Agent
Erica Rose
Compass Rose Realty
Buyer's Agent
Martha Tolson
Coldwell Banker/Village Comm
List Price
$39,000
Sold Price
$32,000
Premium/Discount to List
-$7,000
-17.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.04%
Original Mortgage
$43,920
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1989
Bought by
Holman
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
Diamond Ridge Properties Llc $62,000 Nix J Robin
Gom Investments Llc $32,000 None Available
Holman $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Ridge Properties Llc $68,850
Previous Owner Gom Investments Llc $43,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $62,000 -11.4% $59 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $70,000 -6.7% $67 / Sq Ft
04/07/2022 04/07/22 For Sale $75,000 +134.4% $71 / Sq Ft
07/23/2019 07/23/19 Sold $32,000 -17.9% $21 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $39,000 -- $26 / Sq Ft
Source: Northeast 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 $297 $7,036 $900 $6,136
2024 $297 $7,036 $900 $6,136
2023 $290 $7,036 $900 $6,136
2022 $290 $7,036 $900 $6,136
2021 $279 $6,620 $900 $5,720
2020 $279 $6,620 $900 $5,720
2019 $279 $6,620 $900 $5,720
2018 $217 $6,620 $900 $5,720
2017 $198 $6,620 $900 $5,720
2016 $189 $4,470 $900 $3,570
2015 $189 $4,470 $900 $3,570
2014 $189 $4,470 $900 $3,570
Source: Public Records

Agents Affiliated with this Home

  • Martha Tolson

    Seller's Agent in 2022

    Martha Tolson

    Coldwell Banker/Village Comm

    (870) 897-1127

    140 in this area

    281 Total Sales

    Martha Tolson
    Section Image

  • S

    Buyer's Agent in 2022

    Seth Weston

    NEW HORIZON REAL ESTATE

    Section Image
  • Erica Rose

    Seller's Agent in 2019

    Erica Rose

    Compass Rose Realty

    (870) 243-9255

    21 in this area

    158 Total Sales

    Erica Rose
    Section Image
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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10098770

Northeast Arkansas Board of REALTORS®

APN: 01-144181-31800

Arkansas Craighead County Jonesboro 72401

508 E Allen Ave, Jonesboro, AR

This home is located at 508 E Allen Ave, Jonesboro, AR 72401 since 07 April 2022 and is currently estimated at $77,254, approximately $73 per square foot. 508 E Allen Ave is a home located in Craighead County with nearby schools including Annie Camp Junior High School, The Academies at Jonesboro High School, and Montessori School of Jonesboro.

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.

Northeast 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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