$73,000
SOLD AUG 23, 2024
3 Beds
2 Baths
1,040 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$70 Per Sq Ft

144% Above List Price

9 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Attached Carport
  • Russellville Middle School Rated A-
  • Porch
  • Central Heating and Cooling System

About This Home

As of November 2024

Situated in a desirable in-town location, this three-bedroom, two-bathroom home offers a wonderful opportunity for those with a knack for renovation. It's perfect for an investor or a homeowner willing to put in the work to restore its former glory. With a solid foundation and a spacious layout, this property is ready to be transformed into a dream home. With its prime location and solid structure, the potential is limitless for creating a beautiful, updated residence. Buyers will need to show Proof of Funds/Pre-Approval Letter within 24 hours of winning the bid. Auction link https://homes4purchase.com/Event/LotDetails/311623/1311-N-Erie-Ave-Russellville-AR-72801. A minimum Earnest Money Deposit of 2% of the Purchase Price or $2,500; whichever is greater.

Last Agent to Sell the Property

Mark Pettus

Accord Realty License #EB00063178 Listed on: 07/15/2024

Last Buyer's Agent

Kenia Mayhew Stevens

Arkansas Real Estate Collective License #SA00090396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Home Design

  • 1,040 Sq Ft Home
  • Ranch Style House
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Attached Carport

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Microwave
  • Porch
  • 7,841 Sq Ft Lot
  • Outside City Limits

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 7841
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: AV1045
  • Co List Office Phone: (479) 968-5303
  • Subdivision Name: Other Subdivision
  • Directions: Turn right on Detroit Ave. Turn left on E N St. Turn right onto N Erie Ave. House is on right.Use GPS
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1088

Interior Features

  • Appliances: Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1040.0

Exterior Features

  • Lot Features: Outside City Limits
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Property Condition: Fixer
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Russellville

Lot Info

  • Zoning: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 20, 2024
Sold by
United States Department Of Agriculture
Bought by
Stevens Cash Mayhew and Stevens Kenia Mayhew
Seller's Agent
Mark Pettus
Accord Realty
Buyer's Agent
Kenia Mayhew Stevens
Arkansas Real Estate Collective
List Price
$29,930
Sold Price
$73,000
Premium/Discount to List
$43,070
143.9%
Views
56
Current Estimated Value
$138,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,364
Avg. Annual Appreciation
82.93%

Purchase Details

Closed on
Aug 29, 2023
Sold by
Timothy D Padgett Pa
Bought by
Rural Housing Service
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $73,000 River Valley Title
Deed $75,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,515 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2024 11/29/24 Sold $150,000 -1.3% $144 / Sq Ft
11/29/2024 11/29/24 For Sale $152,000 +108.2% $146 / Sq Ft
08/23/2024 08/23/24 Sold $73,000 +143.9% $70 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $29,930 -- $29 / 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 $625 $13,560 $860 $12,700
2023 $504 $13,560 $860 $12,700
2022 $126 $13,560 $860 $12,700
2021 $126 $13,560 $860 $12,700
2020 $126 $10,930 $860 $10,070
2019 $131 $10,930 $860 $10,070
2018 $155 $10,930 $860 $10,070
2017 $504 $10,930 $860 $10,070
2016 $155 $10,930 $860 $10,070
2015 $498 $11,000 $2,000 $9,000
2014 $158 $11,000 $2,000 $9,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Arkansas Board of REALTORS®

MLS Number: AV24-1345

Northwest Arkansas Board of REALTORS®

APN: 851-00034-000R