NOT LISTED FOR SALE

508 S 2nd St Rogers, AR 72756

Estimated Value: $227,917 - $277,000

2 Beds
1 Bath
1,158 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $95,000 $82 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,438/month

27 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Built-In Features
  • Frank Tillery Elementary School Rated A-
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of February 2016

Fantastic bungalow only blocks from the booming Rogers downtown core. Spacious kitchen, lots of cabinets and counter space and a small bar opening onto the living room. Living room is supremely cozy and boasts a finely crafted built-in shelving unit. The covered back deck connects to a small workshop and a large backyard landscaped for raised garden beds and a small fire pit. Fully remodeled bathroom and kitchen. Excellent first home or investment property. Come see!

Last Agent to Sell the Property

Michael Ward

Roots Real Estate Group License #PB00074113 Listed on: 02/01/2016

Last Buyer's Agent

Michael Ward

Roots Real Estate Group License #PB00074113 Listed on: 02/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,158 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 2

Community Details

Overview

  • J Wade Sikes Park Add Rogers Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Subdivision Name: J Wade Sikes Park Add Rogers
  • Directions: From Business 71, East on Poplar, South on 2nd St to Cypress St. 2nd house on right South of Cypress
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1966
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Appliances: Electric Water Heater, Range
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Built-in Features, None
  • Living Area: 1158.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Level, Near Park
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Park

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 672.0
  • Tax Block: 2
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Feb 29, 2016
Sold by
Mcelyea David B and Mcelyea Kara E
Bought by
Equity Trust Company and Michael Wisdoms Ira
Seller's Agent
Michael Ward
Roots Real Estate Group
Buyer's Agent
Michael Ward
Roots Real Estate Group
List Price
$110,000
Sold Price
$95,000
Premium/Discount to List
-$15,000
-13.64%
Current Estimated Value
$258,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,229
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Rappold Amy Marie
Bought by
Mcelvea David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1998
Bought by
Francis

Purchase Details

Closed on
Oct 15, 1991
Bought by
Francis

Purchase Details

Closed on
Oct 9, 1991
Bought by
Taylor

Purchase Details

Closed on
Apr 23, 1985
Bought by
Taylor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Equity Trust Company $95,000 Etc
Mcelvea David B $75,000 Stewart Title Of Ar Inc
Francis -- --
Francis -- --
Taylor -- --
Taylor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelvea David B $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $95,000 -13.6% $82 / Sq Ft
02/01/2016 02/01/16 For Sale $110,000 -- $95 / 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 $945 $35,210 $19,000 $16,210
2024 $845 $33,589 $19,000 $14,589
2023 $768 $20,050 $8,000 $12,050
2022 $737 $20,050 $8,000 $12,050
2021 $674 $20,050 $8,000 $12,050
2020 $613 $11,160 $2,400 $8,760
2019 $613 $11,160 $2,400 $8,760
2018 $613 $11,160 $2,400 $8,760
2017 $579 $11,160 $2,400 $8,760
2016 $579 $11,160 $2,400 $8,760
2015 $672 $12,710 $3,400 $9,310
2014 $672 $12,710 $3,400 $9,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1007316

Northwest Arkansas Board of REALTORS®

APN: 02-05170-000