NOT LISTED FOR SALE

509 S West Ave Lincoln, AR 72744

Estimated Value: $238,000 - $264,000

4 Beds
2.5 Baths
1,620 Sq Ft
$154/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $240,000 $148 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,455/month

11 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Covered Patio or Porch
  • Property is near a park
  • No HOA
  • 2 Car Detached Garage

About This Home

As of December 2022

This charming old farmhouse in the county has been fully updated to offer all of the modern amenities of a new home while still having lots of its original character preserved. The 4 bedroom and 2.5 bath home has all new electrical, plumbing, insulation, and a brand new HVAC system installed in 2022 with an additional mini split system upstairs! The all new LVP flooring is one of the most durable and easy to clean options available. The home's extra large laundry room has a full wall of glass doors making it feel like a beautiful sunroom space with lots of natural light. The new custom cabinetry run all the way to the ceiling providing a big open kitchen with lots of storage space. A built in pantry was constructed under the stairs to make great use of the space, and there is an extra set of cabinets built in to the area next to the dining room for a butler's pantry or lots of other options. The home also has new garage doors, motors, and so much more that you have to see it in person to really take it all in.

Last Agent to Sell the Property

Ylani Tyson

Collier & Associates License #SA00079220 Listed on: 11/04/2022

Collier & Associates

Last Buyer's Agent

Adam Greene

Epique Realty License #SA00092921

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1950

Lot Details

  • 0.41 Acre Lot
  • East Facing Home
  • Level Lot
  • Cleared Lot

Home Design

  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Tankless Water Heater

Community Details

Overview

  • No Home Owners Association
  • Lincoln Outlots Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,025

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Road Frontage Type: Public Road
  • Subdivision Name: Lincoln Outlots
  • Directions: Head southeast on I-49 S, Take exit 62, turn right onto M.L.K. Jr Blvd (1.7 mi) Continue onto US-62 W/E Main St Continue to follow US-62 W, Pass by Arvest Bank (on the right in 0.7 mi) (15.4 mi) Turn left onto S West Ave, home will be on the right
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave Hood Fan, Microwave, Tankless Water Heater
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1620.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Level, Near Park
  • Waterfront Features: None
  • Construction Type: Concrete, Rock
  • Direction Faces: East
  • Exterior Features: Gravel Driveway, Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Near Schools, Park
  • Association: No

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1025.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 16, 2022
Sold by
Herrera Jose C
Bought by
Mclavey Gregory and Mclavey Jeri
Seller's Agent
Ylani Tyson
Collier & Associates
Buyer's Agent
Adam Greene
Epique Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$249,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,856
Avg. Annual Appreciation
1.39%
Original Mortgage
$242,424
Outstanding Balance
$234,907
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$14,949

Purchase Details

Closed on
Jun 17, 2020
Sold by
Mozden Frank F and Mozden Patsy A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 1, 1985
Bought by
Mozden Frank F and Mozden Patsy A
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
Mclavey Gregory $240,000 City Title
Secretary Of Housing & Urban Development -- None Available
Mozden Frank F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclavey Gregory $242,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $240,000 0.0% $148 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $240,000 +375.2% $148 / Sq Ft
10/02/2020 10/02/20 Sold $50,500 +1.0% $29 / Sq Ft View Prior Sale
09/02/2020 09/02/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $50,000 -- $29 / 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 $1,688 $42,850 $6,000 $36,850
2024 $1,788 $42,850 $6,000 $36,850
2023 $1,897 $42,850 $6,000 $36,850
2022 $650 $18,910 $2,520 $16,390
2021 $1,025 $18,910 $2,520 $16,390
2020 $213 $18,910 $2,520 $16,390
2019 $213 $14,950 $2,400 $12,550
2018 $238 $14,950 $2,400 $12,550
2017 $233 $14,950 $2,400 $12,550
2016 $233 $14,950 $2,400 $12,550
2015 $233 $14,950 $2,400 $12,550
2014 $233 $10,857 $2,363 $8,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1232827

Northwest Arkansas Board of REALTORS®

APN: 790-18975-000