NOT LISTED FOR SALE

5494 Highway 8 E Mena, AR 71953

Estimated Value: $144,000 - $405,000

3 Beds
1 Bath
1,400 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $115,000 $82 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,336/month

133 Days on Market

Highlights

  • Greenhouse
  • Pond
  • Sun or Florida Room
  • Contemporary Architecture
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of April 2013

Unique 2 yr old Professional 100% remodel with additions. Partial "Off Grid" country living on 15 acres bordering National Forest. Includes new 200 sf tornado shelter, separate guest suite, greenhouse, 9000 sf garden and two large storage sheds. Fenced front yard, pond, trails and very private yet close to paved highway. Beautiful tile, cabinets and marble countertops with top of the line appliances. Vaulted master with walk-in closet. Must see - too many features to list.

Last Agent to Sell the Property

David Oates

Vision Realty Listed on: 10/31/2012

Last Buyer's Agent

David Oates

Vision Realty Listed on: 10/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1993

Lot Details

  • 15 Acre Lot
  • Rural Setting
  • Sloped Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Home Security System
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Car Garage
  • Parking Pad

Outdoor Features

  • Pond
  • Greenhouse
  • Outdoor Storage
  • Storm Cellar or Shelter

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Electric Baseboard Heater
  • Co-Op Electric
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Energy-Efficient Insulation
  • Livestock

Community Details

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$303

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Contemporary
  • Ext Features: Outside Storage Area, Storm Cellar, Green House
  • Price Per Sq Ft: 82.14
  • Road Surface: Paved
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Fireplace: Insert Unit
  • Bedrooms: All Bedrooms Down, Guest Bedroom/Main Lv, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1400
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Security System
  • Kitchen Equip: Free-Standing Stove, Gas Range
  • Other Rooms: Den/Family Room, Sun Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Four Car Or More, Parking Pads

Utilities

  • Utilities: Electric-Co-Op, Septic, Well
  • Heat Air: Baseboard Electric, Window Units

Condo/Co-op/Association

  • Amenities: Picnic Area

Lot Info

  • Estimated Lot Size: 15
  • Estimated Lot Size: 15
  • Farmranch: Livestock Allowed
  • Lot: Not In Subdivision, Pond, Rural Property, Sloped
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 302.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Apr 10, 2013
Sold by
Kelemen John and Kelemen Kathy
Bought by
Mena Vacation Retreat Llc
Seller's Agent
David Oates
Vision Realty
Buyer's Agent
David Oates
Vision Realty
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Current Estimated Value
$243,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,498
Avg. Annual Appreciation
6.17%
Original Mortgage
$189,000
Outstanding Balance
$133,951
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$109,547

Purchase Details

Closed on
Oct 9, 2009
Sold by
Greene James L and Greene Mary P
Bought by
Kelemen John and Kelemen Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,400
Interest Rate
6.09%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2004
Bought by
Greene James L and Greene Mary P

Purchase Details

Closed on
Feb 1, 1995
Bought by
Mann Peter L and Mann Hernandez, K
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
Mena Vacation Retreat Llc $115,000 None Available
Kelemen John $55,000 --
Greene James L $40,000 --
Mann Peter L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Vacation Retreat Llc $189,000
Previous Owner Kelemen John $45,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $115,000 -11.5% $82 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $129,900 -- $93 / 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 $588 $18,900 $3,370 $15,530
2023 $542 $18,900 $3,370 $15,530
2022 $493 $11,780 $1,200 $10,580
2021 $491 $11,780 $1,200 $10,580
2020 $469 $11,780 $1,200 $10,580
2019 $434 $11,780 $1,200 $10,580
2018 $398 $11,780 $1,200 $10,580
2017 $359 $8,390 $1,080 $7,310
2016 $359 $8,390 $1,080 $7,310
2015 $361 $5,200 $1,080 $4,120
2014 $223 $5,200 $1,080 $4,120
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Oates

    Vision Realty

    (479) 234-7607

    38 Total Sales

    David Oates
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10332830

Cooperative Arkansas REALTORS® MLS

APN: 0000-01004-0050

Arkansas Polk County Mena 71953

5494 Highway 8 E, Mena, AR

This home is located at 5494 Highway 8 E, Mena, AR 71953 since 31 October 2012 and is currently estimated at $243,498, approximately $173 per square foot. This property was built in 1993. 5494 Highway 8 E is a home located in Polk County with nearby schools including Holly Harshman Elementary School, Mena Middle School, and Mena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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