NOT LISTED FOR SALE

7789 Madison 5551 Huntsville, AR 72740

Estimated Value: $188,233 - $207,000

3 Beds
1 Bath
1,708 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $70,000 $41 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $1,090/month

182 Days on Market

Highlights

  • Deck
  • Secluded Lot
  • Cathedral Ceiling
  • Wood Burning Stove
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of March 2014

Secluded Home on 2.98 Acres with nice setting not far from Huntsville, AR. Wood heat/window air.Well Water.2 Bed upstairs.Loft.1 Bed downstairs.1 Full Bath.2 Decks.1 Shed for storage.

Last Agent to Sell the Property

Sheila Vines

Owens Realty and Auction License #SA00065422 Listed on: 08/06/2013

Last Buyer's Agent

Sheila Vines

Owens Realty and Auction License #SA00065422 Listed on: 08/06/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250

Year Built

  • Built in 1985

Lot Details

  • 2.98 Acre Lot
  • Property fronts a highway
  • Rural Setting
  • Property is Fully Fenced
  • Wire Fence
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$250

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.98
  • Lot Size: 2.98
  • Road Frontage Type: County Road, Highway, Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: From 23 South Turn RT on MC 5551 then left MC 5551 and Right on Private Drive 7789
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), None
  • Living Area: 1708.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Full, Wire
  • Lot Features: Cleared, Level, Rural Lot, Secluded, Sloped, Wooded
  • Waterfront Features: None
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Other

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wood Stove
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Well

Schools

  • Junior High Dist: Huntsville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 250.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 7, 2014
Sold by
Haynes Deborah L and Haynes Jimmy L
Bought by
Hancock Mervin D
Seller's Agent
Sheila Vines
Owens Realty and Auction
Buyer's Agent
Sheila Vines
Owens Realty and Auction
List Price
$79,500
Sold Price
$70,000
Premium/Discount to List
-$9,500
-11.95%
Current Estimated Value
$198,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,558
Avg. Annual Appreciation
9.61%
Original Mortgage
$73,469
Outstanding Balance
$56,675
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$143,938

Purchase Details

Closed on
Oct 1, 1991
Bought by
Haynes Jimmy L and %First American
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
Hancock Mervin D $70,000 None Available
Haynes Jimmy L $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Mervin D $73,469
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $70,000 -11.9% $41 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $79,500 -- $47 / 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
2024 $107 $24,390 $4,070 $20,320
2023 $153 $12,850 $2,690 $10,160
2022 $203 $12,850 $2,690 $10,160
2021 $203 $12,850 $2,690 $10,160
2020 $250 $13,890 $2,690 $11,200
2019 $250 $13,890 $2,690 $11,200
2018 $221 $13,890 $2,690 $11,200
2017 $221 $13,890 $2,690 $11,200
2016 $214 $13,890 $2,690 $11,200
2015 $188 $13,080 $2,690 $10,390
2014 -- $13,080 $2,690 $10,390
2013 -- $13,080 $2,690 $10,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 687182

Northwest Arkansas Board of REALTORS®

APN: 001-04679-000