NOT LISTED FOR SALE

520 Madison 7250 Huntsville, AR 72740

Estimated Value: $321,000 - $417,000

5 Beds
2.5 Baths
2,162 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $140,000 $65 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,107/month

137 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Balcony
  • Wood Burning Stove
  • Country Style Home
  • Separate Outdoor Workshop

About This Home

As of May 2018

Located just minutes from town this historical stone farmhouse with 2.48 acres offers endless opportunities! Country living at its finest! This property contains 5 bedrooms, 2 1/2 baths, workshop, garage, apple, peach, cherry, and plum trees, chicken coop, open land for gardening or horses, upstairs balcony, and ground floor deck. Adventure is only a short distance away with all of the surrounding lakes and rivers! Make this your forever home or country getaway!

Last Agent to Sell the Property

Dave Hodges Team

Keller Williams Market Pro Realty Listed on: 11/27/2017

Keller Williams Market Pro Realty

Last Buyer's Agent

Taylor Baker

Equity Partners Realty License #SA00080482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $246

Year Built

  • Built in 1927

Lot Details

  • 2.48 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Partially Fenced Property
  • Cleared Lot

Home Design

  • Country Style Home
  • Farmhouse Style Home
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,162 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Basement Cellar
  • Attic Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Porch

Location

  • Outside City Limits

Utilities

  • No Cooling
  • Space Heater
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • 23 17 27 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$246

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.48
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: 23-17-27
  • Directions: From the intersection of Hwy 45 (Fayetteville) turn Right (East). Go just under 1 mile and turn right onto Old U.S. 412. Continue on Old U.S. 412 until it turns into Old Arkansas 68. House will be on the left at the top of the hill.
  • Architectural Style: Country, Farmhouse
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Appliances: Some Gas Appliances, Gas Water Heater, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: None, Wood Burning Stove
  • Living Area: 2162.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Not In Subdivision, Outside City Limits, Rural Lot
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Rock
  • Exterior Features: Gravel Driveway
  • Foundation Details: Stone, Cellar
  • Other Structures: Outbuilding, Storage, Workshop
  • Patio And Porch Features: Balcony, Deck, Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Attic Fan, None
  • Cooling Y N: No
  • Heating: Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 246.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
May 14, 2018
Sold by
Valentine Gary Lee and Valentine Renee N
Bought by
Thomason William J and Thomason Kandice J
Seller's Agent
Dave Hodges Team
Keller Williams Market Pro Realty
Buyer's Agent
Taylor Baker
Equity Partners Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$378,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,758
Avg. Annual Appreciation
13.88%
Original Mortgage
$135,800
Outstanding Balance
$117,924
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$242,158

Purchase Details

Closed on
Oct 30, 2013
Sold by
Valentine Carolyn E
Bought by
Valentine Gary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 18, 1997
Bought by
Valentine Gary L
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
Thomason William J $140,000 Waco Title Company Madison
Valentine Gary Lee -- None Available
Valentine Gary L $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomason William J $40,000
Open Thomason William J $135,800
Previous Owner Valentine Gary Lee $84,000
Previous Owner Valentine Gary L $83,000
Previous Owner Valentine Gary L $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $140,000 -3.4% $65 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
11/27/2017 11/27/17 For Sale $145,000 -- $67 / 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
2024 $510 $45,290 $15,140 $30,150
2023 $537 $27,820 $5,860 $21,960
2022 $545 $27,820 $5,860 $21,960
2021 $503 $27,820 $5,860 $21,960
2020 $461 $18,580 $4,030 $14,550
2019 $461 $18,580 $4,030 $14,550
2018 $336 $18,580 $4,030 $14,550
2017 $306 $18,580 $4,030 $14,550
2016 $276 $18,580 $4,030 $14,550
2015 $246 $14,505 $4,030 $10,475
2014 -- $13,925 $3,945 $9,980
2013 -- $15,520 $4,030 $11,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1065732

Northwest Arkansas Board of REALTORS®

APN: 001-12261-000