NOT LISTED FOR SALE

8 Oak Ln Mount Ida, AR 71957

Estimated Value: $146,000 - $339,000

2 Beds
1 Bath
1,340 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $80,000 $60 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,252/month

218 Days on Market

Highlights

  • Marina
  • River Nearby
  • Deck
  • Guest House
  • Community Lake
  • Traditional Architecture

About This Home

As of June 2019

1 Mile from Lake Ouachita Little Fir Boat Ramp!$99,500.00 2 houses for the price of one! Perfect for the weekend getaway or for a residence with a nightly rental. Main house is 1340 sq ft with 2 bedrooms (could be 3), 2 living rooms, and all appliances. Newer windows, roof, and HVAC. Recently remodeled. Move in Ready! The 2nd house is 544 sqft and could be used as a nightly rental. Both of these sit on 2 lots on a paved road close to the lake. Metal shop for your boat or RVs & lots of other storage.

Last Agent to Sell the Property

Deana Cole

Pride Homes & Mountain Lake Real Estate Listed on: 10/29/2018

Last Buyer's Agent

Deana Cole

Pride Homes & Mountain Lake Real Estate Listed on: 10/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $932

Year Built

  • Built in 1960

Lot Details

  • 0.79 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Frame Construction
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-in Bookshelves
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • River Nearby
  • Deck
  • Outdoor Storage
  • Shop

Additional Homes

  • Guest House

Schools

  • Mount Ida Elementary And Middle School
  • Mount Ida High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 042-00027-000

Community Details

Overview

  • Community Lake

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$932

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Screened Porch, Partially Fenced, Outside Storage Area, Shop, Guest House, Chain Link
  • Lake: Yes
  • Lake Name: Ouachita
  • LVT Date: 10/30/2018
  • Road Surface: Paved
  • Street Designation: Lane
  • Third Party Exports: Daily Record
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1340
  • Bedrooms: 2
  • Floors: Laminate, Vinyl
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer-Stays, Dryer-Stays, Water Heater-Electric, Built-Ins, Ceiling Fan(s), Walk-In Shower, Furnished
  • Kitchen Equip: Electric Range, Refrigerator-Stays
  • Other Rooms: In-Law Quarters, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Septic, Well, Elec-Municipal (+Entergy), Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Marina

Schools

  • Junior High: Mount Ida

Lot Info

  • Estimated Lot Size: 0.79
  • Estimated Lot Size: 2
  • Lot: Level, Rural Property, In Subdivision, River/Lake Area
  • Geo Subdivision: AR
  • Parcel Number: 042-00027-000

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 931.65
  • Year: 2018

MLS Schools

  • Elementary School: MOUNT IDA
  • HighSchool: MOUNT IDA
  • Middle School: MOUNT IDA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Welch Paula Ann
Bought by
Welch Myron W
Current Estimated Value
$219,987

Purchase Details

Listed on
Oct 29, 2018
Closed on
May 29, 2019
Sold by
Overton William and Overton Leanna
Bought by
Welch Myron and Welch Paula Ann
Seller's Agent
Deana Cole
Pride Homes & Mountain Lake Real Estate
Buyer's Agent
Deana Cole
Pride Homes & Mountain Lake Real Estate
List Price
$99,500
Sold Price
$80,000
Premium/Discount to List
-$19,500
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jul 3, 2013
Sold by
Duncan Gayle and Duncan Betty
Bought by
Overton William and Overton Leanna
Seller's Agent
Deana Cole
Pride Homes & Mountain Lake Real Estate
Buyer's Agent
Deana Cole
Pride Homes & Mountain Lake Real Estate
List Price
$132,500
Sold Price
$80,000
Premium/Discount to List
-$52,500
-39.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Aug 31, 2009
Sold by
Federal National Mortgage Association
Bought by
Duncan Gayle and Duncan Betty

Purchase Details

Closed on
Jun 29, 2009
Sold by
Phh Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 29, 2000
Bought by
Krannichfeld Tracy

Purchase Details

Closed on
Jan 26, 1999
Bought by
Krannichfeld Tracy

Purchase Details

Closed on
Nov 17, 1994
Bought by
Or Ligon H and Or Jean

Purchase Details

Closed on
Jan 1, 1974
Bought by
Richmond W G

Purchase Details

Closed on
Jan 1, 1969
Bought by
Richmond W G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Welch Myron W -- None Listed On Document
Welch Myron $80,000 None Available
Overton William -- --
Duncan Gayle $60,000 --
Federal National Mortgage Association -- --
Krannichfeld Tracy -- --
Krannichfeld Tracy $19,000 --
Or Ligon H $16,000 --
Richmond W G -- --
Richmond W G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2019 06/05/19 Sold $80,000 -19.6% $60 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $99,500 +24.4% $74 / Sq Ft
07/03/2013 07/03/13 Sold $80,000 -39.6% $60 / Sq Ft View Prior Sale
06/03/2013 06/03/13 Pending -- -- --
01/04/2012 01/04/12 For Sale $132,500 -- $99 / 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 $1,239 $39,470 $4,280 $35,190
2024 $1,144 $39,470 $4,280 $35,190
2023 $1,060 $39,470 $4,280 $35,190
2022 $964 $22,790 $4,320 $18,470
2021 $964 $22,790 $4,320 $18,470
2020 $964 $22,790 $4,320 $18,470
2019 $584 $22,790 $4,320 $18,470
2018 $569 $22,790 $4,320 $18,470
2017 $514 $20,430 $6,400 $14,030
2016 $514 $20,430 $6,400 $14,030
2014 $514 $20,430 $6,400 $14,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18034295

Cooperative Arkansas REALTORS® MLS

APN: 042-00027-000