$98,000
SOLD MAY 29, 2025

7518 Oak Bower Point Mulberry, AR 72947

2 Beds
1 Bath
1,044 Sq Ft
4 Acres

Recently Sold

$94 Per Sq Ft

15% Below List Price

47 Days on Market

Highlights

  • Deck
  • Detached Carport Space
  • Ceiling Fan
  • Double Pane Windows
  • Central Heating and Cooling System
  • Partially Fenced Property

About This Home

As of May 2025

Home & 4 nice acres being sold as is. Home is in need of repairs but is livable & has been occupied by same owner for 29 years until just recently but they've kept utilities on. Cash sale w/proof of funds or pre-approved for In-house bank loan, however some local Mtg companies can do a fixed rate conventional loan through Freddie Mac when its not a county road but it can be a longer process. Quick access from I-40 less than 5 miles from I-40 w/3 miles paved, 3/10 mile county maintained gravel rd then 1/2 mile non-county road. Home will not pass for FHA, VA or RD loans due to some rotten areas of wood on fascia boards & around bottom of masonite siding. Home DOES have current termite policy & the floors 'seem' to be pretty solid. Home also has Breaker Box, not fuses. Huge living room, 1 large bedroom plus 1 small bedroom. Large bathroom has storage closet and low profile step in shower. Kitchen has gas stove and eat in area. Small pond in front but does leak down. Pretty setting to watch the wildlife. 2 car carport beside the house. Home has well water with 2 pumps. (No water bill) Owner had pumps & pressure tanks replaced in recent years. Propane tank is rented. Like most non-county roads, there is not a Road Maintenance Agreement. Only 12 minutes to Mulberry, 23 minutes to Ozark, 24 minutes to Van Buren & 31 minutes to Ft Smith. Call for more details, if needed.

Last Agent to Sell the Property

Joe Craine

Keller Williams Platinum Realty License #EB00034418 Listed on: 04/08/2025

Keller Williams Platinum Realty

Last Buyer's Agent

Marcia Hubbs

Chuck Fawcett Realty FSM License #SA00089568

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1975

Lot Details

  • 4 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Partially Fenced Property
  • Level Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Range
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Mulberry/Pleasant View Elementary School
  • Alma Middle School
  • Alma High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 001-06147-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Level, Sloped
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt, Gravel
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3630
  • ResoSpecialListingConditions: None
  • Subdivision Name: none
  • Directions: I-40 East, take Exit 24 to Mulberry. Turn left/North on Hwy 215. Go 3 miles & turn left on Oak Bower Rd. Go 3/10 mile & turn left on Oak Bower POINT. (Red street sign). Go 1/2 mile to end of road to top of the hill.
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Vinyl
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen
  • Unit Levels: One
  • Reso Roof: Asphalt, Shingle
  • Reso Structure Type: House
  • ResoWindowFeatures: Double Pane Windows, Metal, Single Pane, Vinyl
  • Year Built Details: 25 Years or older
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Appliances: Some Propane Appliances, Electric Water Heater, Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Fencing: Partial
  • Acres: 4.0
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • HeatingYN: Yes
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Well

Schools

  • Junior High Dist: Alma
  • Ninth Grade High School: Alma
  • Middle Or Junior School: Alma

Lot Info

  • Lot Dimensions: 4 acres
  • ResoLotSizeUnits: Acres
  • Parcel #: 001-06147-000

Tax Info

  • Tax Annual Amount: 980.0
  • Tax Block: 0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Mulberry/Pleasant View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 29, 2025
Sold by
Bates Thelma L
Bought by
Ward Timothy and Ward Amy
Seller's Agent
Joe Craine
Keller Williams Platinum Realty
Buyer's Agent
Marcia Hubbs
Chuck Fawcett Realty FSM
List Price
$115,000
Sold Price
$98,000
Premium/Discount to List
-$17,000
-14.78%
Views
54
Current Estimated Value
$103,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,378
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jan 17, 2025
Sold by
Bates Sherrie Lee
Bought by
Bates Thelma L

Purchase Details

Closed on
May 17, 2023
Sold by
Bates Thelma L
Bought by
Bates Sherrie Lee

Purchase Details

Closed on
May 31, 1996
Bought by
Usa-Bates

Purchase Details

Closed on
Feb 26, 1996
Bought by
Mchughes-Usa
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 Type Sale Price Title Company
Warranty Deed $98,000 Martin Land & Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 Sold $98,000 -14.8% $94 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $115,000 -- $110 / 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
2025 -- $18,710 $5,500 $13,210
2024 $15 $18,710 $5,500 $13,210
2023 $15 $18,710 $5,500 $13,210
2022 $15 $11,430 $3,300 $8,130
2021 $11 $11,430 $3,300 $8,130
2020 $11 $11,430 $3,300 $8,130
2019 $11 $11,430 $3,300 $8,130
2018 $11 $11,430 $3,300 $8,130
2017 $11 $10,070 $3,300 $6,770
2016 $11 $10,070 $3,300 $6,770
2015 $11 $10,070 $3,300 $6,770
2014 $11 $10,070 $3,300 $6,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1080077

APN: 001-06147-000