$234,000
SOLD MAY 6, 2025

5404 Mount Olive Rd Melbourne, AR 72556

2 Beds
2 Baths
1,120 Sq Ft
1.92 Acres

Recently Sold

$209 Per Sq Ft

4% Above List Price

0 Day on Market

Highlights

  • River Nearby
  • Wood Flooring
  • Walk-In Closet
  • Traditional Architecture
  • Porch
  • Laundry Room

About This Home

As of May 2025

2 Bed, 2 Bath home near White River

Last Agent to Sell the Property

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 12/10/2024

Re/Max Edge Realty Melbourne

Last Buyer's Agent

Brandy Corter

Re/Max Edge Realty Melbourne Listed on: 12/10/2024

Re/Max Edge Realty Melbourne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 2009

Lot Details

  • 1.92 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Ventilator

Kitchen

  • Stove
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

  • River Nearby
  • Outdoor Storage
  • Porch

Utilities

  • Mini Split Air Conditioners
  • Space Heater
  • Mini Split Heat Pump
  • Co-Op Electric
  • Propane
  • Well
  • Electric Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Outside Storage Area, Guttering
  • LVT Date: 05/19/2025
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2009
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1120
  • Bedrooms: 2
  • Floors: Wood, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Laundry
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

  • Utilities: Septic, Well, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Space Heater-Gas, Mini Split

Lot Info

  • Estimated Lot Size: 1.92
  • Estimated Lot Size: .
  • Lot: Level, River/Lake Area
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Attic Vent-Electric

Tax Info

  • Annual Taxes: 869
  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2024
Closed on
May 12, 2025
Sold by
Corter Jared and Corter Brandy
Bought by
White Jeffery Scott and Obnimaga Grace C
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$225,000
Sold Price
$234,000
Premium/Discount to List
$9,000
4%
Current Estimated Value
$196,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,305
Avg. Annual Appreciation
-20.92%
Original Mortgage
$241,722
Outstanding Balance
$240,649
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$43,954

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 12, 2021
Sold by
Caraway Kenny and Smith Shannon
Bought by
Corter Jared and Corter Brandy
Seller's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
Buyer's Agent
Brandy Corter
Re/Max Edge Realty Melbourne
List Price
$152,500
Sold Price
$152,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%
Original Mortgage
$122,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2018
Sold by
Linn Lawson
Bought by
Caraway Kenny and Smith Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,500
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed $234,000 None Listed On Document
Warranty Deed $152,500 None Listed On Document
Warranty Deed $152,500 None Listed On Document
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,722 New Conventional
Previous Owner $122,000 New Conventional
Previous Owner $36,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2025 05/06/25 Sold $234,000 +4.0% $209 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $225,000 +47.5% $201 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/07/2021 05/07/21 Sold $152,500 0.0% $119 / Sq Ft View Prior Sale
04/07/2021 04/07/21 For Sale $152,500 -- $119 / 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 $869 $17,370 $1,800 $15,570
2024 $869 $17,370 $1,800 $15,570
2023 $869 $17,370 $1,800 $15,570
2022 $869 $17,370 $1,800 $15,570
2021 $479 $17,370 $1,800 $15,570
2020 $813 $16,260 $1,800 $14,460
2019 $438 $16,260 $1,800 $14,460
2018 $463 $16,260 $1,800 $14,460
2017 $809 $16,260 $1,800 $14,460
2016 $422 $16,260 $1,800 $14,460
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $14,700 $1,200 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25019605

Cooperative Arkansas REALTORS® MLS

APN: 117-00040-000