NOT LISTED FOR SALE

550 Polk Road 42 Mena, AR 71953

Estimated Value: $340,000 - $451,000

4 Beds
2 Baths
2,191 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $395,000 $180 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,122/month

70 Days on Market

Highlights

  • Near a National Forest
  • Traditional Architecture
  • Game Room
  • Wooded Lot
  • Furnished
  • Formal Dining Room

About This Home

As of May 2023

Country home on acreage joining the Ouachita National Forest in Arkansas. Located minutes from Mena, this 4 bedroom 2 bath home has been totally updated. The home has over 2100 square feet of heated and cooled space. Central air and heat, fireplace and energy efficient windows and doors will keep you cozy all year long. The home comes with just under 5 acres of land that joins the largest national forest in the south. The home is all custom installed knotty pine including the ceilings. New updated kitchen with stainless appliances, quartz countertops and more. Located on a paved road and not far from the OHV/ATV trails that the area is famous for.

Last Agent to Sell the Property

Christy Titsworth

United Country Arkansas Properties Listed on: 03/14/2023

Last Buyer's Agent

Brittany Roberts

Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $830

Year Built

  • Built in 1970

Lot Details

  • 4.73 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,191 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Formal Dining Room
  • Game Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$830

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch
  • LVT Date: 03/14/2023
  • Road Surface: Gravel
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 2191
  • Bedrooms: 4
  • Floors: Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Furnished
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Pantry, Refrigerator-Stays
  • Other Rooms: Game Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition, Architectural Shingle

Garage/Parking

  • Parking: Four Car Or More

Utilities

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

Lot Info

  • Estimated Lot Size: 4.73
  • Estimated Lot Size: 4.73
  • Lot: Level, Rural Property, Wooded, Cleared, Not In Subdivision, National Forest Bndaries
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
May 18, 2023
Sold by
Malone Paul
Bought by
Hitchcock Michael and Hitchcock Jeanie
Seller's Agent
Christy Titsworth
United Country Arkansas Properties
Buyer's Agent
Brittany Roberts
Select Realty
List Price
$430,000
Sold Price
$395,000
Premium/Discount to List
-$35,000
-8.14%
Views
98
Current Estimated Value
$392,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,553
Avg. Annual Appreciation
-0.24%
Original Mortgage
$316,000
Outstanding Balance
$306,674
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$85,773

Purchase Details

Closed on
Dec 18, 2020
Sold by
Langford Jr Sherman E
Bought by
Matawin Ventures Trust

Purchase Details

Closed on
Jun 8, 2020
Sold by
Matawin Ventures Trust
Bought by
Malone Paul

Purchase Details

Closed on
Jun 1, 1987
Bought by
Williams Williams C and Williams Ellender L
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 Buyer Sale Price Title Company
Hitchcock Michael $395,000 Martin Title
Matawin Ventures Trust $146,026 Walson & Associates P Llc
Malone Paul $50,000 Servicelink
Williams Williams C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitchcock Michael $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $395,000 -8.1% $180 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $430,000 +760.0% $196 / Sq Ft
06/11/2021 06/11/21 Sold $50,000 -28.5% $23 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $69,900 0.0% $32 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $69,900 -- $32 / 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
2025 $1,088 $40,570 $7,730 $32,840
2024 $1,188 $40,570 $7,730 $32,840
2023 $446 $40,570 $7,730 $32,840
2022 $830 $19,950 $3,570 $16,380
2021 $830 $19,450 $3,070 $16,380
2020 $832 $19,450 $3,070 $16,380
2019 $832 $19,450 $3,070 $16,380
2018 $790 $19,450 $3,070 $16,380
2017 $719 $16,790 $2,640 $14,150
2016 $719 $16,790 $2,640 $14,150
2015 $153 $16,790 $2,640 $14,150
2014 $135 $16,790 $2,640 $14,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23007387

Cooperative Arkansas REALTORS® MLS

APN: 0000-07372-0000