NOT LISTED FOR SALE

508 School St Melbourne, AR 72556

Estimated Value: $139,000 - $153,000

4 Beds
2 Baths
1,120 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $142,000 $127 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $825/month

56 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Luxury Vinyl Tile Flooring
  • Laundry Room
  • Outdoor Storage
  • Central Heating and Cooling System

About This Home

As of May 2024

Remodeled Home in Melbourne with a fantastic floor plan! No wasted space! This 4 bedroom, 2 bath home offers an open floor plan with a NEW KITCHEN! Butcher block countertops, new stainless appliances, & all new cabinets & fixtures! The living area has a cozy electric fireplace and very spacious! The master suite has a full bathroom with a walk in tile shower! There is a large mudroom/laundry room! Central heating & Air, city water, city sewer, & located on a paved road! Front deck for outside entertainment along with a storage building that will convey! Give me a call today to check out this home!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 03/05/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Eric Sutherland

Westgate Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Electric Fireplace
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Luxury Vinyl Tile Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Outside Storage Area, Guttering
  • Inside City Limits: Yes
  • LVT Date: 03/05/2024
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Electric Logs
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 1120
  • Bedrooms: 4
  • Floors: Luxury Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Walk-In Shower, Kit Counter-Other
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 0.23
  • Estimated Lot Size: 0.23
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 500
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 22, 2024
Sold by
Roberts Angelia
Bought by
Simons Reagan Brock and Linville Cassidee Renee
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Eric Sutherland
Westgate Realty, Inc.
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Views
71
Current Estimated Value
$149,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,317
Avg. Annual Appreciation
1.51%
Original Mortgage
$113,600
Outstanding Balance
$111,903
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$33,713

Purchase Details

Closed on
Nov 15, 2023
Sold by
Collie Tim and Collie Shannon
Bought by
Roberts Angelia

Purchase Details

Closed on
Jun 9, 2017
Sold by
Treat Donal Lee and Treat Melba Delores
Bought by
Collie Tim and Massey Cheryl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Simons Reagan Brock -- None Listed On Document
Simons Reagan Brock -- None Listed On Document
Roberts Angelia $75,000 Izard County Abstract
Roberts Angelia $75,000 Izard County Abstract
Collie Tim -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Reagan Brock $113,600
Closed Simons Reagan Brock $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $142,000 -5.3% $127 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $149,900 -- $134 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 -- $7,890 $600 $7,290
2024 $394 $7,890 $600 $7,290
2023 $228 $7,890 $600 $7,290
2022 $209 $7,890 $600 $7,290
2021 $190 $7,890 $600 $7,290
2020 $190 $7,000 $280 $6,720
2019 $190 $7,000 $280 $6,720
2018 $190 $7,000 $280 $6,720
2017 $190 $7,000 $280 $6,720
2016 -- $7,000 $280 $6,720
2015 -- $6,350 $210 $6,140
2014 -- $6,350 $210 $6,140
2013 -- $6,350 $210 $6,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24007358

Cooperative Arkansas REALTORS® MLS

APN: 525-00047-000