
5404 Mount Olive Rd Melbourne, AR 72556
2
Beds
2
Baths
1,120
Sq Ft
1.92
Acres
Highlights
- Stream or River on Lot
- Wood Flooring
- Walk-In Closet
- Traditional Architecture
- Porch
- Laundry Room
About This Home
As of May 20252 Bed, 2 Bath home near White River
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
Interior Spaces
- 1,120 Sq Ft Home
- 2-Story Property
- 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
- Washer Hookup
Parking
- 2 Car Garage
- Parking Pad
Outdoor Features
- Stream or River on Lot
- Outdoor Storage
- Porch
Utilities
- Mini Split Air Conditioners
- Space Heater
- Mini Split Heat Pump
- Co-Op Electric
- Butane Gas
- Well
- Electric Water Heater
- Septic System
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,401
Avg. Annual Appreciation
-33.26%
Original Mortgage
$241,722
Outstanding Balance
$241,510
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$35,911
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
Similar Homes in Melbourne, AR
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $15,000 | Credit Line Revolving | |
Previous Owner | $36,500 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
04/07/2021 04/07/21 | For Sale | $152,500 | -- | $119 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $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
-
Seller's Agent in 2025
Brandy Corter
RE/MAX
(870) 373-4009
317 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25019605

APN: 117-00040-000
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