NOT LISTED FOR SALE

740 Hays Rd Heber Springs, AR 72543

Estimated Value: $789,137 - $962,000

4 Beds
3.5 Baths
3,248 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $890,000 $274 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,194/month

104 Days on Market

Highlights

  • Private Dock
  • 1.3 Acre Lot
  • Country Style Home
  • River View
  • Deck
  • Bonus Room

About This Home

As of July 2024

This 3250 sq ft custom-built two-story river home is located near John’s Pocket between Richie Shoals and Cow Shoals. This area is known for its larger homes as well as, the quiet living from the existing covenant that restricts short term rentals. The boat dock was recently renovated with a new roof, widening the boat slip and even the installation of a new custom power boat lift. An outdoor living area was created to include a back rock patio to enjoy the scenic fog that rolls down the cool river while keeping you warm while using the centrally located fire pit. A large screened-in deck is also near to enjoy the view of the waterfront property from above. Need more room? The owner also purchased the adjacent lot and it will convey with the purchase of this amazing riverfront dream property.

The 4/5 bedrooms, 3.5 bath, loft will currently sleep 18 people including double master bedrooms. The home includes many custom features like the perfectly positioned mud room with wader racks and a large 525 sq. ft. garage to list the obvious. All the little details were thought out in the construction of this home from the oversized bathroom upstairs to handle the crowd, to the double dishwashers located downstairs to handle the dishes. Downstairs, you will find the love of details in the new floor and cedar walls to name a few. A new HVAC system was installed recently as well to give the new lucky owner a touch of savings which also includes the encapsulation and insulation of the crawlspace. What could possibly make this and more of a perfect turn-key river home? Well…., the owner is making this a true move in ready property by selling it fully furnished with includes but not limited to the brand new living room furniture and new furniture and bedding in all main bedrooms.

Last Agent to Sell the Property

Michael Gray

Mossy Oak Properties Field, Farm, & Homes License #PB00086333 Listed on: 03/25/2024

Last Buyer's Agent

Michael Gray

Mossy Oak Properties Field, Farm, & Homes License #PB00086333 Listed on: 03/25/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 2008

Lot Details

  • 1.3 Acre Lot
  • River Front
  • Property fronts a county road
  • Landscaped with Trees
  • 002-01457-000

Home Design

  • Country Style Home
  • Metal Roof
  • Cedar

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Bonus Room
  • Ceramic Tile Flooring
  • River Views
  • Gas Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Private Dock
  • Deck
  • Enclosed Patio or Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 002-01458-000

Community Details

Overview

  • Donelle Estates Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,444

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup
  • ResoLotFeatures: Hardwood Trees, Landscaped, Outside City Limits
  • ResoPoolFeatures: None
  • Road Frontage Type: County Road
  • Reso View: River
  • Co List Office Mls Id: O22071
  • ResoSpecialListingConditions: None
  • Subdivision Name: Donelle Estates
  • Directions: from the intersection of hwy 25 and Wilburn Rd, go east on wilburn rd to Hays rd. From Hays road property will be on the river side of the road
  • Architectural Style: Cabin, Country
  • Reso Flooring: Ceramic Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: None
  • Reso Roof: Metal
  • Reso Structure Type: House
  • Year Built Details: 11-24 Years
  • Year Built: 2008
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Appliances: Some Propane Appliances, Built-In Range, Built-In Oven, Counter Top, Double Oven, Dishwasher, Oven, Range, Refrigerator, Water Heater, ENERGY STAR Qualified Appliances
  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 1.3
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, River Front
  • Waterfront: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Cedar
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Covered, Deck, Enclosed, Other, See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Utilities: Electricity Available, Fiber Optic Available

Condo/Co-op/Association

  • Community Features: Dock

Schools

  • Junior High Dist: Other AR School
  • Ninth Grade High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Dimensions: 1.3 ac
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 002-01457-000
  • Parcel #: 002-01458-000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4444.0
  • Tax Block: 00
  • Tax Lot: 002

MLS Schools

  • Elementary School: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Hankins Matthew and Hankins Cyndi
Bought by
Odea Ryan and Odea Marianna
Current Estimated Value
$885,284

Purchase Details

Listed on
Feb 2, 2019
Closed on
Jul 29, 2019
Sold by
Demaree Stephen and Demaree Carolyn L
Bought by
Hankins Matthew and Hankins Cyndi D
Seller's Agent
Denise Barton
McKenzie Realty Group
Buyer's Agent
Chris Webb
Crye*Leike Brock Real Estate
List Price
$615,000
Sold Price
$565,000
Premium/Discount to List
-$50,000
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Feb 28, 2017
Sold by
Landreaux Lindy
Bought by
Schratz Bruce

Purchase Details

Closed on
May 12, 2005
Sold by
Dunn Louise Elizabeth Mclean
Bought by
Schratz Bruce and Demaree Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 1996
Bought by
Dunn Louise Elizabeth Mc Lean and Revocable Trust
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
Odea Ryan $2,000 None Listed On Document
Hankins Matthew $565,000 General Land & Title Svcs
Schratz Bruce -- None Available
Schratz Bruce $75,000 --
Dunn Louise Elizabeth Mc Lean $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mhg Charger Realty Llc $712,000
Previous Owner Schratz Bruce E $60,000
Previous Owner Schratz Bruce $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $890,000 -3.8% $274 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $925,000 -5.1% $285 / Sq Ft
03/26/2024 03/26/24 For Sale $975,000 +72.6% $300 / Sq Ft
07/29/2019 07/29/19 Sold $565,000 -4.2% $174 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $589,900 -1.7% $182 / Sq Ft
04/26/2019 04/26/19 Price Changed $599,900 -2.5% $185 / Sq Ft
02/02/2019 02/02/19 For Sale $615,000 -- $189 / Sq Ft
Source: Western River Valley 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
2024 $4,444 $115,764 $25,000 $90,764
2023 $3,914 $115,764 $25,000 $90,764
2022 $3,588 $115,764 $25,000 $90,764
2021 $3,262 $78,220 $25,000 $53,220
2020 $3,262 $78,220 $25,000 $53,220
2019 $3,262 $78,220 $25,000 $53,220
2018 $3,262 $78,220 $25,000 $53,220
2017 $3,262 $78,220 $25,000 $53,220
2016 $3,379 $81,034 $25,000 $56,034
2015 $3,379 $81,034 $25,000 $56,034
2014 $3,379 $81,034 $25,000 $56,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1071388

APN: 002-01458-000