Check Availability
Jonesboro 72401
1508 S Madison
$339,900
↓ $35K (9.4%)
House - For Sale

1508 S Madison

Jonesboro, AR 72401
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2448 Sqft
$1,838
Estimated Monthly
$0
HOA / Fees
4.88%
Cap Rate

About This Property

Completely remodeled home in the heart of Jonesboro. Includes large living area with large windows that provide an abundance of natural light.  Kitchen includes center island with gas range, granite countertops, kitchen cabinetry with new doors, refrigerator, and coffee bar that includes pot filler. Office on main level wrapped with windows.  Primary suite on main level with large walk-in closet.  Upstairs you will find three bedrooms, including an additional primary suite with walk out balcony.  Original wood floors on main level have been refinished. Mud room with locker storage off back entry.  Detached garage and shared driveway.

The manager has listed the unit size as 2448 square feet.
Unit Size
2,448Ft²
Days on Market
158 days
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
-
Listed By
MEREDITH EDWARDS
MEREDITH EDWARDS
COLDWELL BANKER/VILLAGE COMMUNITIES
Last updated: 2 months ago (JBRAR #10111439)

Price History

Date / Event Date Event Price
Mar 19, 2024 Price Decreased $339,900
↓ $35K (9.4%)
Price Decreased
Nov 22, 2023 Listed by Coldwell Banker Village Communities $375,000
Listed by Coldwell Banker Village Communities
Completely remodeled home in the heart of Jonesboro. Includes large living area with large windows that provide an abundance of natural light. Kitchen includes center island with gas range, granite countertops, kitchen cabinetry with new doors, refrigerator, and coffee bar that includes pot filler. Office on main level wrapped with windows. Primary suite on main level with large walk-in closet. Upstairs you will find three bedrooms, including an additional primary suite with walk out…
May 23, 2022 Sold $200,000
Sold

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Metal

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,418
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CULBERHOUSE 1ST ADD
  • Land Acres: 0.353
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CULBERHOUSE 1ST ADD

Ownership

  • Current Owner : K BROWN PROPERTIES LLC
  • Previous Owner : WILLIAM RHEIN ROBERT
  • Previous Owner 2: WILLIAM CAROL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 28, 2023

Neighborhood

  • School District Name: Jonesboro Public Schools
  • School Tax School District: JONESBORO
  • School Tax District Code 2: JONESBORO
  • Census Tract: 000300

Geography

  • Parcel: 01-144193-14300
  • Block: B
  • Lot: 16
  • Meridian: SEC 19 TWN 14 RNG 04
  • Municipality: JONESBORO
  • Latitude: 35.8268
  • Longitude: -90.7066

    Address

  • Full Address: 1508 S Madison St
  • Address - House Number: 1508
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: AR
  • City Name: Jonesboro
  • Carrier Code: C009
  • 4-Digit Zip Code: 4916
  • Zip Code: 72401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,271
  • Tax Rate Code Area: J JB

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 373,343
  • High Value: 409,063
  • Low Value: 337,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,085
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Loan Amount: $230,085
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 15, 2026

    Market Valuation

  • Market Total Value: $154,230
  • Market Land Value: $25,000
  • Market Improvement Value: $129,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,846
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $25,846

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11888472861
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11548

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS AND MERCHANTS BANK
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 01, 2023

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,000 ft²
$160/ft²
$319,500 Nov 16, 2023
-
$169/mo
House
3 Beds
4 Baths
3,254 ft²
$129/ft²
$419,900 Nov 7, 2023
-
$169/mo
Multifamily
Stu
-
2,584 ft²
$126/ft²
$325,000 Nov 19, 2023
-
$169/mo
Multifamily
Stu
-
-
$325,000 Nov 18, 2023
-
$14/mo

About Jonesboro


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Frequently Asked Questions

When was property at 1508 South Madison Street built and last sold?
The property at 1508 South Madison Street was built in and last sold on May 20, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 1508 South Madison Street is $376,453.
What are some comparable homes to 1508 South Madison Street?
Homes that are comparable to 1508 South Madison Street include a house property at 815 West Washington Avenue, 1610 Metzler Lane, 919 West Washington Avenue.

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