NOT LISTED FOR SALE

525 Polk Road 34 Hatfield, AR 71945

Estimated Value: $320,000 - $465,000

3 Beds
2 Baths
1,960 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $305,000 $156 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,125/month

10 Days on Market

Highlights

  • Horses Allowed On Property
  • Solar Shingle Roof
  • Barn or Farm Building
  • RV Access or Parking
  • Deck
  • Pond

About This Home

As of December 2023

You've stumbled upon a gem in Hatfield, Arkansas! This property has it all--pastures, woods, 2 ponds, (one spring fed & the other is run off from the mountain) & even a barn with solar power. The house itself is a cozy 3 bedrooms, 2 baths, with a primary bedroom that offers a walk-in closet big enough to get lost in, doubling as a laundry/mud room. Sliding glass doors lead to the screened-in porch with a hot tub for soaking in the beautiful country views. And let's talk about those large decks and front porch, perfect for morning coffees & evening sunsets. Solar panels, bay windows & gas fireplace. 2 car garage with storage. The workshop comes with a heated/cooled office space & a walk-in closet. RV cover with water, electric & sewer hook-up! Barn has corral & shoot. Wired for emergency power. Furnishings & equipment negotiable. Agents, be sure to see documents & agent remarks.

Last Agent to Sell the Property

Deana Dixon

Select Realty Listed on: 10/11/2023

Last Buyer's Agent

Deana Dixon

Select Realty Listed on: 10/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1994

Lot Details

  • 21.5 Acre Lot
  • Dirt Road
  • Rural Setting
  • Cross Fenced
  • Cleared Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Workshop
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Pond
  • Deck
  • Outdoor Storage

Schools

  • Louise Durham Elementary School
  • Mena Middle School
  • Mena High School

Farming

  • Barn or Farm Building
  • Cattle
  • Hogs
  • Livestock
  • Poultry Farm

Utilities

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

Additional Features

  • Solar Shingle Roof
  • Horses Allowed On Property

Community Details

  • Community Spa

Listing and Financial Details

  • Assessor Parcel Number 0000-07866-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Screened Porch, Porch, Fully Fenced, Outside Storage Area, Guttering, Hot Tub/Spa, Shop, Rv Parking
  • Legal 2: STR:29-03-31
  • LVT Date: 10/11/2023
  • Price Per Sq Ft: 155.61
  • Road Surface: Dirt
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Gas Logs Present, Blowers
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom Apart
  • Estimated Sq Ft: 1960
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Piers
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Kit Counter- Granite Slab
  • Kitchen Equip: Built-In Stove, Surface Range, Dishwasher, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Workshop/Craft, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Frame, Wood
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Septic, Well, Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Hot Tub

Schools

  • Elementary School: Louise Durham
  • Middle School: Mena
  • High School: Mena
  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 21.5
  • Estimated Lot Size: 660' x 1448'
  • Farmranch: Cross-Fenced, Barns/Buildings, Livestock Allowed, Poultry, Hog, Cattle, Horses
  • Lot: Rural Property, Pond, Wooded, Cleared
  • Geo Subdivision: AR
  • Parcel Number: 0000-07866-0000

Green Features

  • Energy Features: Insulated Windows, Insulated Doors
  • Green Features: Solar Panels

Tax Info

  • Annual Taxes: 693.7
  • Year: 2022

MLS Schools

  • Elementary School: Louise Durham
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 4, 2023
Sold by
Wheelon David N and Wheelon Elenore H
Bought by
Fruechtenicht David Kent and Fruechtenicht Sharon Sue
Seller's Agent
Deana Dixon
Select Realty
Buyer's Agent
Deana Dixon
Select Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
66
Current Estimated Value
$374,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,993
Avg. Annual Appreciation
10.93%
Original Mortgage
$305,000
Outstanding Balance
$300,561
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$64,771

Purchase Details

Listed on
May 18, 2019
Closed on
Jan 27, 2020
Sold by
Gilbert David and Gilbert Aloma J
Bought by
Wheelon David N and Wheelon Elenore H
Seller's Agent
Hershel Bell
Holly Springs Real Estate
Buyer's Agent
Kevin Smallwood
RE/MAX Mena Real Estate, Inc.
List Price
$220,000
Sold Price
$190,000
Premium/Discount to List
-$30,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$199,485
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Oct 1, 1990
Bought by
Gilbert James David and Gilbert Aloma J
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
Fruechtenicht David Kent $305,000 Martin Title
Wheelon David N $195,000 Martin Title & Closing Svc
Gilbert James David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fruechtenicht David Kent $305,000
Previous Owner Wheelon David N $199,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $305,000 +1.7% $156 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $299,900 +57.8% $153 / Sq Ft
01/27/2020 01/27/20 Sold $190,000 -4.5% $97 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
07/30/2019 07/30/19 Price Changed $199,000 -9.5% $102 / Sq Ft
05/18/2019 05/18/19 For Sale $220,000 -- $112 / 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 $1,036 $36,920 $3,540 $33,380
2023 $645 $36,920 $3,540 $33,380
2022 $696 $25,690 $1,270 $24,420
2021 $696 $25,690 $1,270 $24,420
2020 $727 $25,690 $1,270 $24,420
2019 $389 $25,700 $1,280 $24,420
2018 $414 $25,700 $1,280 $24,420
2017 $413 $17,830 $1,210 $16,620
2016 $415 $17,830 $1,210 $16,620
2015 $415 $17,830 $1,210 $16,620
2014 $413 $17,830 $1,210 $16,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23032508

Cooperative Arkansas REALTORS® MLS

APN: 0000-07866-0000