NOT LISTED FOR SALE

Ola, AR 72853

Estimated Value: $37,000 - $122,000

4 Beds
1 Bath
1,168 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $30,000 $26 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $375/month

10 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch
  • Farmhouse Style Home
  • No HOA
  • Double Pane Windows

About This Home

As of December 2023

Discover a unique investment opportunity in Ola, AR! This Investor Special property, set on three expansive lots, features a charming farmhouse exterior and comprises 4 bedrooms and 1 bath within its 1168 sq ft. The property's allure lies in its potential for transformation and value addition. With a cozy farmhouse aesthetic, this residence beckons you to reimagine its spaces and capitalize on the canvas it provides for creative renovations. Act quickly to secure this rare opportunity! Schedule a viewing now to explore the potential within this Investor Special before it slips away.

Last Agent to Sell the Property

Tyler Riley-Test

River Valley Realty, Inc License #EB00089885 Listed on: 11/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $327

Lot Details

  • Back Yard Fenced
  • Corner Lot
  • Property is zoned R1

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • Double Pane Windows
  • Crawl Space

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Attached Carport
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Fiber Optics Available

Additional Features

  • Covered Patio or Porch
  • Outside City Limits

Community Details

  • No Home Owners Association
  • Harkey, Jm Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$327

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 3 Lots
  • Road Frontage Type: Public Road
  • Subdivision Name: Harkey, JM (Ola)
  • Directions: Head south on AR-27 S/AR-7 S/S Arkansas Ave toward E 2nd St Continue to follow AR-27 S/AR-7 S4.3 miTurn left onto N 2nd St0.9 miTurn right onto Old Hwy 7 S0.4 miTurn left onto AR-7 S13.4 miTurn right onto Spring St0.1 miTurn left at the 2nd cross street onto 5th St Destination will be on the left52 ft211 5th StOla, AR 72853
  • Architectural Style: Farmhouse
  • Carport Y N: Yes
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range Hood
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Wood
  • Living Area: 1168.0
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Corner Lot, Outside City Limits
  • Pool Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly
  • Association: No

Schools

  • Junior High Dist: Two Rivers

Lot Info

  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 327.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2023
Closed on
Dec 29, 2023
Bought by
Cook Jana
Seller's Agent
Tyler Riley-Test
River Valley Realty, Inc
List Price
$42,000
Sold Price
$30,000
Premium/Discount to List
-$12,000
-28.57%
Views
35
Current Estimated Value
$63,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,858
Avg. Annual Appreciation
98.24%

Purchase Details

Closed on
Dec 4, 2006
Sold by
Gentry Terry L
Bought by
Pitts James C and Pitts Ellen I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,910
Interest Rate
6.3%
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
Cook Jana $30,000 --
Pitts James C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts James C $17,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $30,000 -28.6% $26 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/19/2023 11/19/23 For Sale $42,000 -- $36 / 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 $327 $6,470 $780 $5,690
2023 $327 $6,470 $780 $5,690
2022 $327 $6,470 $780 $5,690
2021 $316 $6,470 $780 $5,690
2020 $287 $5,680 $780 $4,900
2019 $287 $5,680 $780 $4,900
2018 $287 $5,680 $780 $4,900
2017 $284 $5,680 $780 $4,900
2015 $258 $5,100 $780 $4,320
2014 -- $5,100 $780 $4,320
2013 -- $5,100 $780 $4,320
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tyler Riley-Test

    River Valley Realty, Inc

    62 Total Sales

    Tyler Riley-Test
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Source: Northwest Arkansas Board of REALTORS®

MLS Number: AV23-2084

Northwest Arkansas Board of REALTORS®

APN: 705-00111-000

Arkansas Yell County Ola

72853

This home since 19 November 2023 and is currently estimated at $63,858, approximately $54 per square foot. This home is a home located in Yell County with nearby schools including Ola Elementary School, Two Rivers High School, and Ola Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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