NOT LISTED FOR SALE

5277 Highway 88 E Mena, AR 71953

Estimated Value: $86,000 - $232,000

2 Beds
1 Bath
1,280 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $111,000 $87 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $933/month

128 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Country Style Home
  • Pond
  • Wood Flooring
  • Porch

About This Home

As of January 2023

Charming Old farmhouse with a wrap around porch! Remodeled, but said to be a Sears & Roebuck kit home in 1917! New metal roof, windows & doors. Set up for pellet stove. Claw foot tub and farmhouse sink. Large attic space. Established garden. 2 building spots. Huge trees scattered throughout property. Pasture land. Duck pond & creek. Less than a mile from the Cherry Hill turn off (Polk 67) to the Ouachita River access. No utilities on. Sold as is.

Last Agent to Sell the Property

Deana Dixon

Select Realty Listed on: 07/31/2022

Last Buyer's Agent

Cynthia Abla

CENTURY 21 Perry Real Estate

CENTURY 21 Perry Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $212

Year Built

  • Built in 1917

Lot Details

  • 7.6 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Lot Sloped Up
  • Cleared Lot
  • Wooded Lot

Parking

  • Carport

Home Design

  • Country Style Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Outdoor Features

  • Pond
  • Creek On Lot
  • Porch

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Well
  • Electric Water Heater

Additional Features

  • Cattle
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 0000-00420-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$212

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Country
  • Ext Features: Porch, Partially Fenced
  • Legal 2: Pt (SE/4 SE/4) STR:9-2S-28W
  • LVT Date: 07/31/2022
  • Road Surface: Paved
  • Type: Rural Residential
  • Estimated Year Built: 1917
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1917

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1280
  • Bedrooms: 2
  • Floors: Wood
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Walk-In Shower
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Metal

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Well, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 7.6
  • Estimated Lot Size: 331056 Sq Ft
  • Farmranch: Cattle, Horses
  • Lot: Sloped, Rural Property, Pond, Creek, Wooded, Cleared, Upslope
  • Parcel Number: 0000-00420-0000

Tax Info

  • Annual Taxes: 212.16
  • Year: 2021

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Jan 11, 2023
Sold by
Smith Tommy L and Smith Kathy
Bought by
Masterson Charles and Masterson Kerrie
Seller's Agent
Deana Dixon
Select Realty
Buyer's Agent
Cynthia Abla
CENTURY 21 Perry Real Estate
List Price
$175,000
Sold Price
$111,000
Premium/Discount to List
-$64,000
-36.57%
Views
121
Current Estimated Value
$170,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,457
Avg. Annual Appreciation
15.15%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Hobbs Alan and Hobbs Evelyn
Bought by
Smith Tommy L and Smith Dolly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,328
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2007
Sold by
Giles Walter Matthew and Giles Lisa Ann
Bought by
Hobbs David Alan and Hobbs Evelyn

Purchase Details

Closed on
Feb 2, 2006
Sold by
Giles David and Giles Faye
Bought by
Giles Walter Matthew and Giles Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,685
Interest Rate
6.24%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 20, 2004
Bought by
Giles David and Giles Faye

Purchase Details

Closed on
Sep 1, 1990
Bought by
Embry Fred B and Embry Aline W

Purchase Details

Closed on
Jul 1, 1990
Bought by
Embry Fred B and Embry Aline W
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Masterson Charles $111,000 --
Smith Tommy L $65,000 Mena Title Company Inc
Hobbs David Alan $51,000 --
Giles Walter Matthew $30,000 --
Giles David $21,000 --
Embry Fred B -- --
Embry Fred B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Tommy L $36,328
Previous Owner Giles Walter Matthew $25,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2023 01/12/23 Sold $111,000 +11.0% $87 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $100,000 -41.2% $78 / Sq Ft
09/30/2022 09/30/22 Price Changed $170,000 -2.9% $133 / Sq Ft
07/31/2022 07/31/22 For Sale $175,000 -- $137 / Sq Ft
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 $331 $22,390 $3,160 $19,230
2024 $340 $20,200 $3,160 $17,040
2023 $7 $20,200 $3,160 $17,040
2022 $8 $11,320 $970 $10,350
2021 $8 $11,320 $970 $10,350
2020 $8 $11,320 $970 $10,350
2019 $8 $4,970 $970 $4,000
2018 $8 $4,970 $970 $4,000
2017 $8 $4,110 $980 $3,130
2016 $176 $4,110 $980 $3,130
2015 $177 $4,110 $980 $3,130
2014 $170 $4,110 $980 $3,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22026022

Cooperative Arkansas REALTORS® MLS

APN: 0000-00420-0000