NOT LISTED FOR SALE

716 N Madison St Siloam Springs, AR 72761

Estimated Value: $173,000 - $189,000

2 Beds
1 Bath
1,208 Sq Ft
$152/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $115,000 $95 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,097/month

21 Days on Market

Highlights

  • Property is near a park
  • Pole Barn
  • Wood Frame Window
  • Wood Flooring
  • Corner Lot
  • 1 Car Detached Garage

About This Home

As of February 2023

This little bungalow on a corner lot within walking distance of downtown Siloam Springs would make an excellent investment as an Air B-n-B. The property is a 2 bedroom 1 bath with an oversized backyard and detached garage/storage building. An addition off the back could be used as an additional living room, sunroom, game room, etc. This home is to be sold "as is." Seller is related to listing agent.

Last Agent to Sell the Property

Abbi Netzel

McGraw Realtors License #EB00082248 Listed on: 01/10/2023

McGraw Realtors

Last Buyer's Agent

Abbi Netzel

McGraw Realtors License #EB00082248 Listed on: 01/10/2023

McGraw Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Back Yard Fenced
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn
  • Outdoor Storage
  • Porch

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 10 / 2

Community Details

Overview

  • C D Gunters Add 2 Siloam Spgs Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Public Road
  • Subdivision Name: C D Gunters Add 2 Siloam Spgs
  • Directions: From Hwy 412, North on Mount Olive, right on Garland, right on Madison. Property is on the corner of Madison & Garland
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances: Some Gas Appliances, Dishwasher, Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), None
  • Living Area: 1208.0
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Corner Lot, Near Park
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Pole Barn, Storage
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 969.0
  • Tax Block: 2
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 3, 2023
Sold by
Jnm Properties Llc
Bought by
Palmer Holdings Llc
Seller's Agent
Abbi Netzel
McGraw Realtors
Buyer's Agent
Abbi Netzel
McGraw Realtors
List Price
$140,000
Sold Price
$115,000
Premium/Discount to List
-$25,000
-17.86%
Current Estimated Value
$183,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,533
Avg. Annual Appreciation
18.60%

Purchase Details

Listed on
Aug 14, 2020
Closed on
Dec 30, 2020
Sold by
Bergthold William Derek
Bought by
Jnm Properties Llc
Seller's Agent
Deanna Crook
Exit Realty Harper Carlton Group
Buyer's Agent
Lora Weygandt
A to Z Realty LLC
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$100,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2007
Sold by
Bunker Connie D
Bought by
Bergthold William Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Alexander Dawna Michelle
Bought by
Bunker Connie D

Purchase Details

Closed on
May 23, 2005
Sold by
Alexander Charles W
Bought by
Alexander Dawna Michelle

Purchase Details

Closed on
Sep 20, 2002
Bought by
Alexander

Purchase Details

Closed on
Mar 29, 1999
Bought by
Efram

Purchase Details

Closed on
Oct 8, 1997
Bought by
Efram

Purchase Details

Closed on
Aug 7, 1995
Bought by
Cook D

Purchase Details

Closed on
Oct 8, 1988
Bought by
Dod 10-08-1988

Purchase Details

Closed on
Aug 19, 1987
Bought by
Hall and Hall Cook
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
Palmer Holdings Llc $115,000 Realty Title
Jnm Properties Llc $100,000 Realty Title
Bergthold William Derek $82,000 Rt
Bunker Connie D $46,000 None Available
Alexander Dawna Michelle -- None Available
Alexander -- --
Efram -- --
Efram -- --
Cook D -- --
Dod 10-08-1988 -- --
Hall $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jnm Properties Llc $100,000
Previous Owner Bergthold William Derek $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2023 02/01/23 Sold $115,000 -17.9% $95 / Sq Ft
01/10/2023 01/10/23 For Sale $140,000 +40.0% $116 / Sq Ft
12/30/2020 12/30/20 Sold $100,000 -23.1% $83 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $130,000 -- $108 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $1,618 $28,836 $7,400 $21,436
2024 $1,661 $28,836 $7,400 $21,436
2023 $1,244 $21,590 $5,600 $15,990
2022 $1,243 $21,590 $5,600 $15,990
2021 $969 $21,590 $5,600 $15,990
2020 $884 $15,340 $5,600 $9,740
2019 $884 $15,340 $5,600 $9,740
2018 $836 $15,340 $5,600 $9,740
2017 $707 $15,340 $5,600 $9,740
2016 $707 $15,340 $5,600 $9,740
2015 $642 $11,150 $1,600 $9,550
2014 $642 $11,150 $1,600 $9,550
Source: Public Records

Agents Affiliated with this Home

  • Abbi Netzel

    Seller's Agent in 2023

    Abbi Netzel

    McGraw Realtors

    (479) 524-7897

    57 in this area

    153 Total Sales

    Abbi Netzel
    Section Image
  • Deanna Crook

    Seller's Agent in 2020

    Deanna Crook

    Exit Realty Harper Carlton Group

    (479) 599-9123

    33 in this area

    169 Total Sales

    Deanna Crook
    Section Image

  • L

    Buyer's Agent in 2020

    Lora Weygandt

    A to Z Realty LLC

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1236507

Northwest Arkansas Board of REALTORS®

APN: 03-01236-000

Arkansas Benton County Siloam Springs 72761

716 N Madison St, Siloam Springs, AR

This home is located at 716 N Madison St, Siloam Springs, AR 72761 since 10 January 2023 and is currently estimated at $183,533, approximately $151 per square foot. This property was built in 1987. 716 N Madison St is a home located in Benton County with nearby schools including Northside Elementary School, Delbert Pete & Pat Allen Elementary School, and Southside Elementary 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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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