NOT LISTED FOR SALE

Mena, AR 71953

Estimated Value: $263,000 - $598,000

20.53 Acres
$18,287 Price per Acre
894,287 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $58,000

Est. 547% increase in value since last sale

Current estimated payment $2,117/month

106 Days on Market

Highlights

  • 20.53 Acre Lot
  • Pond
  • Livestock
  • Mountain View

About This Lot

As of December 2018

Nice property near town on old homestead. Has 2 septics (per owner) city water, electric and two ponds. Needs some clearing, could be a beautiful home spot. No disclosure available

Last Agent to Sell the Property

Nancy Wright

RE/MAX Mena Real Estate, Inc. Listed on: 09/05/2018

RE/MAX Mena Real Estate, Inc.

Last Buyer's Agent

Kevin Smallwood

RE/MAX Mena Real Estate, Inc.

RE/MAX Mena Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,054

Lot Details

  • 20.53 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Lot Sloped Up

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Co-Op Electric
  • Perc Approved Septic

Additional Features

  • Mountain Views
  • Pond
  • Livestock

Property Details

Property Type

Land

Est. Annual Taxes

$1,054

Lot Details

0

Listing Details

  • Restrictions: Any Builder, Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 10/19/2018
  • Price Per Sq Ft: 2825.13
  • Road Surface: Paved
  • Type: Acreage
  • Estimated Road Frontage: 1000
  • Price Per Acre: 2898.2
  • Sold Price Per Acre: 2825.13
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: State Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op

Schools

  • Elementary School: Mena
  • Middle School: Mena
  • High School: Mena
  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 20.53
  • Estimated Lot Size: 20.53 acres
  • Lot: Sloped, Rural Property, Pond, Not In Subdivision, Mountain View, Upslope
  • Farm Ranch Features: Livestock Allowed, Stock Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 29.85

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 18, 2018
Sold by
Vaughn Engineering Inc
Bought by
Young James E and Park Chom Ak
Seller's Agent
Nancy Wright
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
Kevin Smallwood
RE/MAX Mena Real Estate, Inc.
List Price
$59,500
Sold Price
$58,000
Premium/Discount to List
-$1,500
-2.52%
Current Estimated Value
$375,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,431
Avg. Annual Appreciation
31.78%
Original Mortgage
$46,400
Outstanding Balance
$20,100
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$351,453

Purchase Details

Closed on
Oct 27, 2000
Bought by
Vaughn Engineering, Inc.

Purchase Details

Closed on
Apr 29, 1998
Bought by
Erickson Brian W and Erickson Brian %
Source: Public Records

Range of Values:

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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
Young James E $58,000 Mena Title Company Inc
Vaughn Engineering, Inc. $64,000 --
Nichols Debi K $40,000 --
Erickson Brian W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young James E $46,400
Previous Owner Vaughn Engineering Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $58,000 -2.5% --
09/05/2018 09/05/18 For Sale $59,500 -- --
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 $1,054 $28,370 $4,430 $23,940
2023 $1,032 $28,370 $4,430 $23,940
2022 $217 $5,150 $1,580 $3,570
2021 $217 $5,150 $1,580 $3,570
2020 $25 $2,150 $1,580 $570
2019 $25 $510 $510 $0
2018 $25 $520 $520 $0
2017 $25 $590 $590 $0
2016 $26 $590 $590 $0
2015 $26 $590 $590 $0
2014 $22 $590 $590 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Wright

    Seller's Agent in 2018

    Nancy Wright

    RE/MAX

    (479) 243-7199

    61 in this area

    122 Total Sales

    Nancy Wright
    Section Image
  • Kevin Smallwood

    Buyer's Agent in 2018

    Kevin Smallwood

    RE/MAX

    (479) 243-3407

    105 in this area

    217 Total Sales

    Kevin Smallwood
    Section Image
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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033268

Cooperative Arkansas REALTORS® MLS

APN: 0000-05154-0000

Arkansas Polk County Mena

71953

This home since 05 September 2018 and is currently estimated at $375,431. This home is a home located in Polk County with nearby schools including Holly Harshman Elementary School, Mena Middle School, and Mena High School.

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.

Cooperative Arkansas REALTORS® MLS 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.

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