NOT LISTED FOR SALE

721 Madison 5548 Elkins, AR 72727

Estimated Value: $292,000 - $377,000

2 Beds
1 Bath
1,088 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $260,000 $239 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,755/month

4 Days on Market

Highlights

  • River Front
  • Secluded Lot
  • Covered Patio or Porch
  • Wood Burning Stove
  • Wooded Lot
  • Eat-In Kitchen

About This Home

As of November 2022

300 ft of beautiful White River riverfront. 1088 SF +/- Rock Cabin with 2 BR 1 BA and loft sleeps 6-8. Hunt, Fish, Walk/ride Trails, or just relax in your own privacy. Looking for a place the family can enjoy during every season of the year, but also allow for space to hunt? Here it is. This awesome two bed cabin features a loft with two additional beds in the loft. This property has 300 ft of river front for the family to enjoy with a rock bar and several deeper holes of water. With an additional 81 acres available to purchase. Most furniture will convey. Please inquire about details.

Last Agent to Sell the Property

Caleb Huggins

Smith and Associates Real Estate Services License #SA00077964 Listed on: 10/06/2022

Last Buyer's Agent

Caleb Huggins

Smith and Associates Real Estate Services License #SA00077964 Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $358

Year Built

  • Built in 1985

Lot Details

  • 6.24 Acre Lot
  • River Front
  • Property fronts a county road
  • Rural Setting
  • Partially Fenced Property
  • Secluded Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Cabin
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • TV Antenna

Home Details

Home Type

Single Family

Est. Annual Taxes

$358

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.24
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: From Fayetteville: Head east on Highway 16 toward Elkins. Pass through Elkins and take a left at the Patrick crossing. Go over bridge and when the road forks, stay left. You will pass the cemetery and the drive to the cabin is the next left.
  • Architectural Style: Cabin/Cottage
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Propane Cooktop, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Eat-in Kitchen, Pantry, Wood Burning Stove
  • Living Area: 1088.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Lot Features: Hardwood Trees, None, Outside City Limits, Rural Lot, Secluded, Wooded
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Rock
  • Exterior Features: Gravel Driveway, TV Antenna
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Covered
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public, Rural

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 358.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 31, 2022
Sold by
Adams William R
Bought by
Brinley Scott Richard and Brinley Erin
Seller's Agent
Caleb Huggins
Smith and Associates Real Estate Services
Buyer's Agent
Caleb Huggins
Smith and Associates Real Estate Services
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%
Views
1
Current Estimated Value
$325,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,163
Avg. Annual Appreciation
7.56%
Original Mortgage
$195,000
Outstanding Balance
$187,391
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$137,772

Purchase Details

Closed on
Jun 30, 1997
Bought by
Spinsterhaven, Inc
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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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
Brinley Scott Richard $260,000 --
Spinsterhaven, Inc $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinley Scott Richard $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Sold $260,000 +4.4% $239 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $249,000 -12.6% $229 / Sq Ft
09/15/2020 09/15/20 Sold $285,000 -21.9% $264 / Sq Ft View Prior Sale
08/16/2020 08/16/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $365,000 +69.8% $338 / Sq Ft
06/18/2018 06/18/18 Sold $215,000 -14.0% $195 / Sq Ft View Prior Sale
05/19/2018 05/19/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $250,000 -- $227 / 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 $458 $15,930 $1,660 $14,270
2024 $420 $15,930 $1,660 $14,270
2023 $383 $8,490 $1,350 $7,140
2022 $384 $8,450 $1,310 $7,140
2021 $358 $8,450 $1,310 $7,140
2020 $325 $7,210 $1,320 $5,890
2019 $325 $7,210 $1,320 $5,890
2018 $297 $7,210 $1,320 $5,890
2017 $296 $7,210 $1,320 $5,890
2016 $292 $7,210 $1,320 $5,890
2015 $264 $6,410 $1,340 $5,070
2014 -- $4,646 $995 $3,651
2013 -- $6,410 $1,340 $5,070
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Caleb Huggins

    Smith and Associates Real Estate Services

    (479) 841-0841

    42 Total Sales

    Caleb Huggins
    Section Image
  • Brian Dandy

    Seller's Agent in 2020

    Brian Dandy

    Weichert REALTORS - The Griffin Company Springdale

    (479) 435-0389

    58 Total Sales

    Brian Dandy
    Section Image
  • Motus Group

    Buyer's Agent in 2020

    Motus Group

    Keller Williams Market Pro Realty

    (479) 601-7580

    301 Total Sales

    Motus Group
    Section Image
  • Kyle Atkins

    Seller's Agent in 2018

    Kyle Atkins

    Arkansas Real Estate Group Fayetteville

    (479) 713-0548

    121 Total Sales

    Kyle Atkins
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1230390

Northwest Arkansas Board of REALTORS®

APN: 001-02813-000

Arkansas Madison County Elkins 72727

721 Madison 5548, Elkins, AR

Not Listed for Sale

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