NOT LISTED FOR SALE

8501 Olive Hill Dr Mabelvale, AR 72103

Estimated Value: $199,000 - $244,660

3 Beds
2 Baths
2,196 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $124,900 $57 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,294/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Formal Dining Room
  • Separate Formal Living Room
  • Sun or Florida Room
  • Patio

About This Home

As of February 2019

NICE BRICK ONE LEVEL WITH A TOTALLY FENCED YARD. STORM CELLAR IN REAR. NICE SHOP IN BACK. COMPLETLY REFURBISHED. NEW CH/CA. NEW SS APPLIANCES. THIS IS A VERY NICE HOUSE FOR THE MONEY. ALL OFFERS MUT BE ACCOMPANIED BY PROOF OF FUNDS OR A PREQUAL LETTER FROM A REPUTABLE LENDER. NO EXCEPTIONS

Last Agent to Sell the Property

Ralph Goacher

RE/MAX Affiliates Realty Listed on: 10/18/2018

RE/MAX Affiliates Realty

Last Buyer's Agent

Tracy Spencer

Metro Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1971

Lot Details

  • 2 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Built-In Oven
  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Patio
  • Storm Cellar or Shelter
  • Shop

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Gas Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Storm Cellar, Shop, Chain Link
  • Foreclosure REO: Yes
  • LVT Date: 10/18/2018
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1971
  • Special Features: 1028
  • Property Sub Type: Detached
  • Year Built: 1971

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2196
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Ceiling Fan(s)
  • Kitchen Equip: Built-In Stove, Electric Range, Surface Range, Dishwasher, Disposal, Ice Maker Connection, Wall Oven
  • Other Rooms: Formal Living Room, Den/Family Room, Sun Room, Bonus Room
  • Stories: One Story

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Composition, Architectural Shingle

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 2
  • Estimated Lot Size: 86712
  • Lot: Level, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1316
  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Jan 4, 2019
Sold by
Us Bank Trust Na
Bought by
Aikens Willie
Seller's Agent
Ralph Goacher
RE/MAX Affiliates Realty
Buyer's Agent
Tracy Spencer
Metro Real Estate Group
List Price
$149,900
Sold Price
$124,900
Premium/Discount to List
-$25,000
-16.68%
Current Estimated Value
$223,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,515
Avg. Annual Appreciation
8.81%
Original Mortgage
$112,410
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2016
Sold by
Wilcox Jeremy D
Bought by
Lsf9 Master Participation Trust

Purchase Details

Closed on
Aug 1, 2008
Sold by
Williamson Thomas Eugene and Hartwick Lori Ann
Bought by
Wilcox Jesyca D and Wilcox Jeremy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,586
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2000
Bought by
Williamson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Aikens Willie $124,900 Associates Closing & Title
Lsf9 Master Participation Trust -- None Available
Wilcox Jesyca D -- None Available
Williamson Trust -- --
Williamson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aikens Willie $112,410
Previous Owner Wilcox Jesyca D $132,586
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2019 02/19/19 Sold $124,900 0.0% $57 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/10/2018 12/10/18 Price Changed $124,900 -7.4% $57 / Sq Ft
11/13/2018 11/13/18 Price Changed $134,900 -3.6% $61 / Sq Ft
11/12/2018 11/12/18 Price Changed $139,900 -6.7% $64 / Sq Ft
10/18/2018 10/18/18 For Sale $149,900 -- $68 / 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 $1,514 $34,611 $8,400 $26,211
2024 $1,514 $34,611 $8,400 $26,211
2023 $1,123 $34,611 $8,400 $26,211
2022 $1,057 $34,611 $8,400 $26,211
2021 $991 $26,110 $4,200 $21,910
2020 $991 $26,110 $4,200 $21,910
2019 $991 $26,110 $4,200 $21,910
2018 $1,366 $26,110 $4,200 $21,910
2017 $1,366 $26,110 $4,200 $21,910
2016 $1,189 $23,590 $4,200 $19,390
2015 $1,189 $23,590 $4,200 $19,390
2014 $889 $23,590 $4,200 $19,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033143

Cooperative Arkansas REALTORS® MLS

APN: 001-01109-000