NOT LISTED FOR SALE

7518 Congo Rd Unit Madison Village Driv Benton, AR 72019

Salem Neighborhood

Estimated Value: $133,000 - $146,000

3 Beds
1.5 Baths
936 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $98,000 $105 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $808/month

9 Days on Market

Highlights

  • Ranch Style House
  • Home Security System
  • Combination Kitchen and Dining Room
  • Salem Elementary School Rated A
  • Central Heating and Cooling System
  • Family Room

About This Home

As of March 2020

Sold before listed. Located on approximately half an acre, this home is small, but cozy, and is move in ready.

Last Agent to Sell the Property

NON MEMBER

NON-MEMBER Listed on: 01/23/2020

Last Buyer's Agent

Diana Thomas

Century 21 Parker & Scroggins Realty - Benton

Century 21 Parker & Scroggins Realty - Benton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $839

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 936 Sq Ft Home
  • Sheet Rock Walls or Ceilings
  • Family Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Stove
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 1 Car Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 061-00047-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$839

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • Ext Features: Partially Fenced
  • LVT Date: 03/03/2020
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 936
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Security System
  • Kitchen Equip: Free-Standing Stove, Refrigerator-Stays
  • Other Rooms: Den/Family Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Frame
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Condo Association Fee: Termite Contract

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 23800 sf
  • Lot: Level
  • Geo Subdivision: AR
  • Parcel Number: 061-00047-000

Tax Info

  • Annual Taxes: 839
  • Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 2, 2020
Sold by
Schoening Stephen and Schoening Jessica
Bought by
Falco Jerald
Seller's Agent
NON MEMBER
NON-MEMBER
Buyer's Agent
Diana Thomas
Century 21 Parker & Scroggins Realty - Benton
List Price
$98,000
Sold Price
$98,000
Current Estimated Value
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,000
Avg. Annual Appreciation
6.38%
Original Mortgage
$100,000
Outstanding Balance
$88,543
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$50,457

Purchase Details

Closed on
Apr 8, 2009
Sold by
Duke Family Lp
Bought by
Schoening Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Interest Rate
5.24%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1991
Bought by
Duke

Purchase Details

Closed on
Feb 1, 1991
Bought by
Demuth
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
Falco Jerald $98,000 Lenders Title Company
Schoening Stephen $74,000 --
Duke -- --
Demuth $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falco Jerald $100,000
Previous Owner Schoening Stephen $72,659
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $98,000 0.0% $105 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $98,000 -- $105 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $963 $20,163 $6,240 $13,923
2024 $898 $20,163 $6,240 $13,923
2023 $596 $20,163 $6,240 $13,923
2022 $604 $20,163 $6,240 $13,923
2021 $566 $16,650 $5,200 $11,450
2020 $516 $16,650 $5,200 $11,450
2019 $839 $16,650 $5,200 $11,450
2018 $503 $16,650 $5,200 $11,450
2017 $467 $16,650 $5,200 $11,450
2016 $667 $14,460 $4,600 $9,860
2015 $639 $14,460 $4,600 $9,860
2014 $339 $13,040 $4,600 $8,440
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    NON MEMBER

    NON-MEMBER

  • Diana Thomas

    Buyer's Agent in 2020

    Diana Thomas

    Century 21 Parker & Scroggins Realty - Benton

    (501) 590-8168

    105 Total Sales

    Diana Thomas
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20007526

Cooperative Arkansas REALTORS® MLS

APN: 061-00047-000

Arkansas Saline County Benton 72019 Salem

7518 Congo Rd Unit Madison Village Driv, Benton, AR

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.

Cooperative Arkansas REALTORS® MLS 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.

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