NOT LISTED FOR SALE

51 Red Lamb Rd Melbourne, AR 72556

Estimated Value: $297,000

7 Acres
$42,429 Price per Acre
304,920 Sq Ft Lot

Sale Details

Date Sold: September 23, 2022

Last sale price $39,900

Est. 644% increase in value since last sale

Current estimated payment $1,600 / mo

38 Days on Market

About This Lot

As of September 2022

ACREAGE WITH ELECTRICITY FOR SALE NEAR THE OZARK MOUNTAINS This nice 7 acre property with water, electricity, and septic in place is located near the Ozark Mountains. It is just a short drive from Melbourne, Arkansas and just off the highway. Are you looking for a place to build your retirement cabin or park your RV? This could be it!

Last Agent to Sell the Property

Dale Ivy

United Country Ozark Realty-Calico Rock Listed on: 07/12/2022

United Country Ozark Realty-Calico Rock

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Property Details

Property Type

  • Land

Lot Details

  • 7 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

Utilities

  • Co-Op Electric
  • On Site Septic

Property Details

Property Type

Land

Lot Details

7 Acres

Listing Details

  • Class: Vacant Land
  • LVT Date: 07/13/2022
  • Road Surface: Gravel
  • Street Designation: Road
  • Type: Acreage
  • Sold Price Per Acre: 5700
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Electric-Co-Op, Septic On Property

Lot Info

  • Estimated Lot Size: 7
  • Estimated Lot Size: 7 Acres
  • Lot: Sloped, Rural Property, Wooded
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 23, 2022
Sold by
Folse Brock and Folse Jena
Bought by
Hamilton Clardy
Seller's Agent
Dale Ivy
United Country Ozark Realty-Calico Rock
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$39,900
Sold Price
$39,900
Current Estimated Value
$297,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,100
Avg. Annual Appreciation
76.02%

Purchase Details

Closed on
Sep 9, 2021
Sold by
Lanxon and Careen
Bought by
Folse Brock and Folse Jena

Purchase Details

Closed on
Mar 30, 2021
Sold by
Foll Frank and Foll Julia
Bought by
Folse Brock and Folse Jena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,051
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Hamilton Clardy -- --
Folse Brock -- Bray Eric
Folse Brock -- Bray Eric
Folse Brock $20,000 None Available
Folse Brock -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Folse Brock $36,051
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $39,900 0.0% --
08/19/2022 08/19/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $39,900 0.0% --
07/19/2022 07/19/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $39,900 -- --
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 $1 $20 $20 $0
2024 $0 $10 $10 $0
2023 $0 $10 $10 $0
2022 $0 $340 $340 $0
2021 $16 $940 $340 $600
2020 $37 $1,080 $340 $740
2019 $37 $1,080 $340 $740
2018 $36 $1,080 $340 $740
2017 $36 $1,080 $340 $740
2016 -- $1,080 $340 $740
2015 -- $20 $20 $0
2014 -- $20 $20 $0
2013 -- $20 $20 $0
Source: Public Records

Agents Affiliated with this Home

  • Dale Ivy

    Seller's Agent in 2022

    Dale Ivy

    United Country Ozark Realty-Calico Rock

    (870) 373-3677

    70 Total Sales

    Dale Ivy
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON-MEMBER

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22023707

Cooperative Arkansas REALTORS® MLS

APN: 001-05078-000

Arkansas Izard County Melbourne 72556

51 Red Lamb Rd, Melbourne, AR

Not Listed for Sale

Lots

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.

Cooperative Arkansas REALTORS® MLS 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.

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