NOT LISTED FOR SALE

523 E Ar 58 Hwy Melbourne, AR 72556

Estimated Value: $212,000 - $380,000

3 Beds
2.5 Baths
2,550 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $164,900 $65 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,482/month

69 Days on Market

Highlights

  • Airport or Runway
  • Sitting Area In Primary Bedroom
  • Pond
  • Golf Course Community
  • Deck
  • Traditional Architecture

About This Home

As of October 2021

Large Brick Home on 6.33 acres in Melbourne!! This home features a large living area, kitchen/dining area, mudroom with a 1/2 bath, two bedrooms, and a full bath on the main floor. The full walk out basement is a large open room, second kitchen & living room, bedroom, and a full bathrooms. The land is all fenced with a pond. 2 car carport. New roof and new windows in 2018! Great home with tons of potential!

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 08/18/2021

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 08/18/2021

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1980

Lot Details

  • 6.33 Acre Lot
  • Fenced
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Carpet

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Pond
  • Deck
  • Porch

Farming

  • Livestock

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Butane Gas
  • Electric Water Heater
  • Septic System

Community Details

Amenities

  • Picnic Area
  • Airport or Runway

Recreation

  • Golf Course Community
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Porch, Fully Fenced, Guttering
  • LVT Date: 08/18/2021
  • Price Per Sq Ft: 64.67
  • Road Surface: Gravel
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom/Main Lv, Primary Bed. Sitting Area, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2550
  • Basement: Cooled, Full, Finished, Heated, Inside Access, Outside Access/Walk-Out
  • Bedrooms: 3
  • Floors: Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Den/Family Room, In-Law Quarters, Bonus Room, Laundry, Basement
  • Stories: Two Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Space Heater-Gas

Condo/Co-op/Association

  • Amenities: Picnic Area, Golf Course, Fitness/Bike Trail, Airport

Lot Info

  • Estimated Lot Size: 6.33
  • Estimated Lot Size: 6.00
  • Farmranch: Livestock Allowed
  • Lot: Level, Pond
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 836
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Oct 26, 2021
Sold by
Jones Douglas E and Jones Rhenda
Bought by
Shrable Sydney D
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$159,900
Sold Price
$164,900
Premium/Discount to List
$5,000
3.13%
Current Estimated Value
$261,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,319
Avg. Annual Appreciation
9.51%
Original Mortgage
$161,912
Outstanding Balance
$151,440
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$82,260

Purchase Details

Closed on
Oct 16, 2015
Sold by
Jones Ronald E
Bought by
Jones Douglas 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
Shrable Sydney D $164,900 First American Mortgage Sln
Jones Douglas L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shrable Sydney D $161,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $164,900 +3.1% $65 / Sq Ft
08/18/2021 08/18/21 For Sale $159,900 -- $63 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $705 $26,240 $750 $25,490
2023 $780 $26,240 $750 $25,490
2022 $830 $26,240 $750 $25,490
2021 $461 $26,250 $760 $25,490
2020 $836 $24,680 $750 $23,930
2019 $461 $24,680 $750 $23,930
2018 $486 $24,680 $750 $23,930
2017 $836 $24,680 $750 $23,930
2016 $485 $24,680 $750 $23,930
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $22,400 $730 $21,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21026771

Cooperative Arkansas REALTORS® MLS

APN: 001-02939-003