56 Gravel Pit Rd Melbourne, AR 72556
Estimated Value: $56,000 - $280,000
--
Bed
1
Bath
1,652
Sq Ft
$98/Sq Ft
Est. Value
About This Home
This home is located at 56 Gravel Pit Rd, Melbourne, AR 72556 and is currently estimated at $161,333, approximately $97 per square foot. 56 Gravel Pit Rd is a home with nearby schools including Melbourne High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2025
Sold by
Moser Shayne and Moser Tonya
Bought by
Boles Hunter and Boles Lindsey
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$199,482
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$38,149
Purchase Details
Closed on
Jan 1, 2023
Sold by
Miller Conway
Bought by
Moser Shayne and Moser Tonya
Purchase Details
Closed on
Oct 7, 2019
Sold by
Webb Randy and Webb Trey
Bought by
Miller Conway
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7%
Mortgage Type
Land Contract Argmt. Of Sale
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boles Hunter | $250,000 | Izard County Abstract | |
| Boles Hunter | $250,000 | Izard County Abstract | |
| Moser Shayne | $51,000 | -- | |
| Moser Shayne | $51,000 | None Listed On Document | |
| Miller Conway | -- | -- | |
| Miller Conway | -- | None Listed On Document | |
| Webb Randy | $78,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boles Hunter | $200,000 | |
| Closed | Boles Hunter | $200,000 | |
| Previous Owner | Webb Randy | $78,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 2025 | $732 | $26,680 | $6,000 | $20,680 |
| 2024 | $568 | $11,380 | $6,000 | $5,380 |
| 2023 | $997 | $19,970 | $6,000 | $13,970 |
| 2022 | $577 | $19,970 | $6,000 | $13,970 |
| 2021 | $534 | $19,970 | $6,000 | $13,970 |
| 2020 | $865 | $17,330 | $4,000 | $13,330 |
| 2019 | $490 | $17,330 | $4,000 | $13,330 |
| 2018 | $865 | $17,330 | $4,000 | $13,330 |
| 2017 | $865 | $17,330 | $4,000 | $13,330 |
| 2016 | $515 | $17,330 | $4,000 | $13,330 |
| 2015 | -- | $16,820 | $3,000 | $13,820 |
| 2014 | -- | $16,820 | $3,000 | $13,820 |
| 2013 | -- | $16,820 | $3,000 | $13,820 |
Source: Public Records
Map
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