NOT LISTED FOR SALE

Ola, AR 72853

Estimated Value: $37,000 - $83,000

4 Beds
1 Bath
1,168 Sq Ft
$49/Sq Ft Est. Value

Last Sold December 29, 2023

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

Est. 89% increase in value since last sale

Current estimated payment $324/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
$56,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,760
Avg. Annual Appreciation
37.12%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
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
2025 $327 $6,470 $780 $5,690
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

    70 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

Not Listed for Sale

Detached

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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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