NOT LISTED FOR SALE

636 Madison 5550 Elkins, AR 72727

Estimated Value: $268,000 - $343,000

5 Acres
$61,100 Price per Acre
217,800 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $11,999 $5 Per Sq Ft

Est. 2,446% increase in value since last sale

Current estimated payment $1,575/month

127 Days on Market

Highlights

  • Secluded Lot
  • Views
  • Satellite Dish
  • Wooded Lot

About This Lot

As of October 2012

Five acre parcel has some nice views, electric and privacy. Parcel needs to be cleaned up. Great price!

Last Agent to Sell the Property

Rebecca Lynn

Rebecca Lynn & Associates Realty License #PB00063958 Listed on: 05/25/2012

Last Buyer's Agent

Rebecca Lynn

Rebecca Lynn & Associates Realty License #PB00063958 Listed on: 05/25/2012

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Rural Setting
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Natural Gas Not Available
  • Septic Needed
  • Satellite Dish

Additional Features

  • Outside City Limits
  • Mobile Home Allowed
  • Property Views

Property Details

Property Type

Land

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 5.0
  • Lot Size: x
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: 321427
  • Directions: From Fayettville take Highway 16 East to Patrick, turn left on Madison 5201 @ "Y" take right fork, this is Madison 5550. Continue until you reach property on left. Go up drive to property. Look for signs.
  • Property Sub Type Additional: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Mobile Home Allowed, Not In Subdivision, None, Outside City Limits, Rural Lot, Secluded, Sloped, Views, Level, Wooded
  • Topography: Level,Sloping
  • View: Yes
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Elkins

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 84.0
  • Tax Block: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2012
Closed on
Oct 26, 2012
Sold by
21St Mortgage Corporation
Bought by
Simpson Linda Kay
Seller's Agent
Rebecca Lynn
Rebecca Lynn & Associates Realty
Buyer's Agent
Rebecca Lynn
Rebecca Lynn & Associates Realty
List Price
$15,000
Sold Price
$11,999
Premium/Discount to List
-$3,001
-20.01%
Current Estimated Value
$305,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,501
Avg. Annual Appreciation
27.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Simpson Linda Kay $120,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $11,999 -20.0% $5 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $15,000 -- $6 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $70 $5,900 $5,900 $0
2024 $64 $5,900 $5,900 $0
2023 $59 $1,290 $1,290 $0
2022 $59 $1,290 $1,290 $0
2021 $59 $1,290 $1,290 $0
2020 $59 $1,290 $1,290 $0
2019 $59 $1,290 $1,290 $0
2018 $54 $1,290 $1,290 $0
2017 $64 $3,210 $3,210 $0
2016 $59 $3,210 $3,210 $0
2015 $54 $1,290 $1,290 $0
2014 -- $1,290 $1,290 $0
2013 -- $1,290 $1,290 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 656780

Northwest Arkansas Board of REALTORS®

APN: 001-02872-007

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