NOT LISTED FOR SALE

8421 Mi Ln Benton, AR 72015

Estimated Value: $209,893 - $262,000

3 Beds
1 Bath
1,400 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $169,500 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,348/month

63 Days on Market

Highlights

  • Boat Dock
  • Pond
  • Wooded Lot
  • Lake View
  • Multiple Fireplaces
  • Vaulted Ceiling

About This Home

As of January 2020

Farm that has everything! 9.71 Acres of flat pasture land and some in trees. 2 ponds, 26x30 shop/building. Huge red barn. Home has 3 Bedrooms/1 Bath that has had alot of updates. New AC, roof, siding and windows in the past 4 years. Amazing farm!

Last Agent to Sell the Property

Jerry Williams

CBRPM Bryant Listed on: 11/22/2019

Last Buyer's Agent

Jennifer Carter

Baxley-Penfield-Moudy Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1962

Lot Details

  • 9.71 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Formal Dining Room
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Swim Dock
  • Pond
  • Patio
  • Outdoor Storage
  • Porch

Schools

  • Bauxite Elementary And Middle School
  • Bauxite High School

Farming

  • Equipment Barn
  • Crops Farm
  • Hogs
  • Livestock
  • Poultry Farm

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic System

Community Details

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$800

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Partially Fenced, Outside Storage Area, Guttering, Shop, Boat Dock
  • LVT Date: 11/22/2019
  • Price Per Sq Ft: 121.07
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Site-Built, Gas Logs Present, Glass Doors, Two
  • Bedrooms: All Bedrooms Down, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1400
  • Bedrooms: 3
  • Floors: Vinyl, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Formal Living Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Vault Ceiling

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Composition
  • Waterfront: Dock, Dock - Swimming

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Schools

  • Elementary School: Bauxite
  • Middle School: Bauxite
  • High School: Bauxite
  • Junior High: Bauxite

Lot Info

  • Estimated Lot Size: 9.71
  • Estimated Lot Size: 9.71
  • Farmranch: Barns/Buildings, Livestock Allowed, Row Crops, Equipment (See Remarks), Stock Pond, Poultry, Hog
  • Lot: Level, Rural Property, Pond, Wooded, Cleared, Not In Subdivision, Lake View
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 800
  • Year: 2018

MLS Schools

  • Elementary School: Bauxite
  • HighSchool: Bauxite
  • Middle School: Bauxite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 24, 2020
Sold by
Mullenax James
Bought by
Smith Alayna M and Smith Brandon J
Seller's Agent
Jerry Williams
CBRPM Bryant
Buyer's Agent
Jennifer Carter
Baxley-Penfield-Moudy Realtors
List Price
$175,000
Sold Price
$169,500
Premium/Discount to List
-$5,500
-3.14%
Current Estimated Value
$230,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,723
Avg. Annual Appreciation
7.43%
Original Mortgage
$166,429
Outstanding Balance
$148,657
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$105,326

Purchase Details

Closed on
Jun 27, 2013
Sold by
Burrow Gwendolyn and Burrow John Carroll
Bought by
Mullenax James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,840
Interest Rate
3.63%
Mortgage Type
VA

Purchase Details

Closed on
Feb 12, 1999
Bought by
Burrow
Source: Public Records

Range of Values:

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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
Smith Alayna M $169,500 None Available
Mullenax James $160,000 None Available
Burrow $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Alayna Margarette $35,000
Closed Smith Alayna Margarette $4,199
Open Smith Alayna M $166,429
Previous Owner Mullenax James $163,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $169,500 -3.1% $121 / Sq Ft
11/22/2019 11/22/19 For Sale $175,000 -- $125 / 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
2024 $1,241 $24,820 $1,360 $23,460
2023 $816 $24,820 $1,360 $23,460
2022 $866 $24,820 $1,360 $23,460
2021 $866 $24,820 $1,360 $23,460
2020 $690 $21,300 $2,360 $18,940
2019 $1,083 $21,660 $2,360 $19,300
2018 $1,083 $21,660 $2,360 $19,300
2017 $1,083 $21,660 $2,360 $19,300
2015 -- $20,400 $2,280 $18,120
2014 -- $20,400 $2,280 $18,120
2012 -- $12,690 $2,520 $10,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19037237

Cooperative Arkansas REALTORS® MLS

APN: 800-00064-000