NOT LISTED FOR SALE

523 Ripplin Shoals Melbourne, AR 72556

Estimated Value: $49,000 - $62,000

1.15 Acres
$48,830 Price per Acre
50,094 Sq Ft Lot

Sale Details

Date Sold: September 27, 2021

Last sale price $45,000

Est. 25% increase in value since last sale

Current estimated payment $315 / mo

840 Days on Market

Highlights

  • Nearby Water Access
  • Stream or River on Lot
  • Level Lot
  • River View

About This Lot

As of September 2021

Beautiful vacant river lot located down by Mt Olive in Izard County. The property is near Mountain View as well as the Ozark National Forest. Fronts the White River. The property directly across the river is part of the Ozark National Forest. The vacant lot is gently rolling with beautiful Cottonwood trees and contains 1.15 acres m/l. It has electricity, well water and septic. Perfect for RV camping.

Last Agent to Sell the Property

Michael Wright

MOODY REALTY, INC-UNITED COUNTRY Listed on: 05/21/2019

Co-Listed By

Linette Wright

MOODY REALTY, INC-UNITED COUNTRY

Last Buyer's Agent

Cindy Hubka

ERA DOTY REAL ESTATE MOUNTAIN HOME

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 1.15 Acre Lot
  • River Front
  • Level Lot
  • Cleared Lot

Outdoor Features

  • Nearby Water Access
  • Stream or River on Lot

Utilities

  • Electricity To Lot Line
  • Well
  • On Site Septic
  • Septic Tank

Additional Features

  • River Views
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 169-00007-000

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

1.15 Acres

Listing Details

  • Class: LAND
  • Type: LAND, River Property
  • Access: County Road, Legal, Unpaved
  • Miles to Black Top: < 3 Miles
  • Miles to City: < 15 Miles
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Surfaces: Gravel
  • View: River
  • Borders Water: Yes
  • River Name: White River

Utilities

  • Utility Companies: North AR Electric Co-Op
  • Sewer Septic: At Property, Septic Tank In
  • Water Supply: At Property, Well Private
  • Electric: At Property

Lot Info

  • Lot Dimensions: 1.15 AC M/L
  • Number Of Acres: 1.15
  • Assessor Parcel Number: 169-00007-000
  • Acreage: 1-2
  • Flood Plain: Yes
  • Lot Description: Cleared Lot, View, River Frontage
  • Topography: Mostly Level
  • Zoning Restrictions: None

Tax Info

  • Taxes: 250.00
  • Tax Year: 2017

MLS Schools

  • School: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Sep 10, 2021
Sold by
Stuart Kathleen
Bought by
Lolohea Ben and Lolohea Jan
Seller's Agent
Michael Wright
MOODY REALTY, INC-UNITED COUNTRY
Buyer's Agent
Cindy Hubka
ERA DOTY REAL ESTATE MOUNTAIN HOME
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%
Current Estimated Value
$56,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,154
Avg. Annual Appreciation
4.93%
Original Mortgage
$38,250
Outstanding Balance
$7,404
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$48,750

Purchase Details

Closed on
Nov 17, 2015
Sold by
Crumby Randy and Crumby Sturat
Bought by
Sturat Kathleen
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
Lolohea Ben $45,000 Bray Eric
Lolohea Ben $45,000 Bray Eric
Sturat Kathleen $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lolohea Ben $38,250
Closed Lolohea Ben $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $45,000 0.0% --
12/30/2019 12/30/19 Off Market $45,000 -- --
05/21/2019 05/21/19 For Sale $55,000 -- --
Source: Mountain Home MLS (North Central Board of REALTORS®)

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 $200 $4,000 $4,000 $0
2024 $200 $4,000 $4,000 $0
2023 $200 $4,000 $4,000 $0
2022 $200 $4,000 $4,000 $0
2021 $200 $4,000 $4,000 $0
2020 $250 $5,000 $5,000 $0
2019 $250 $5,000 $5,000 $0
2018 $250 $5,000 $5,000 $0
2017 $275 $8,000 $8,000 $0
2016 $250 $5,000 $5,000 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $5,000 $5,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 117045

Mountain Home MLS (North Central Board of REALTORS®)

APN: 169-00007-000

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