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516 Melrose Ave; Fort Smith, AR Property Details

516 Melrose Ave, Fort Smith, AR is a Single Family that was built in 1965. This property is currently Financed,New Construction and is not for sale. Our records show that 516 Melrose Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,791 square feet. The lot size of 516 Melrose Ave is 12,197 square feet.

Off market
516 Melrose Ave Fort Smith, AR 72903
$131,250 Listing Price
3 Beds
2 Baths
1,791 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1965
  • Purchase Price: $256,900
  • Open Loans / Balance: 1 / $242,064
  • Est. Equity / %: $41,936 / 14.77%
  • Gross Yield: 7.285%
  • APN: 10843-0046-00005-00
  • Situs County: Sebastian
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Fiberglass

Measurements

  • Total: 1,791/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,341/SqFt
  • Garage: 550/SqFt
  • Living: 1,791/SqFt
  • Building: 2,341/SqFt
  • Ground: 1,791/SqFt
  • Garage Unfinished: 550/SqFt
  • Price Per Square Foot: $143.44

Legal Description

  • Description: N 12.5 LT 45 & LT 46 & S PT LT 47
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Fort Smith Public Schools
  • Lat / Lon: 35.380623 / -94.39659
  • Subdivision: Brentwood
  • Property Class: Residential
  • County Use Code: SFR

Amenities

  • Plus Four: 1629
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

Ownership Info

516 Melrose Ave has no associated ownership info
516 Melrose Ave has no associated ownership info.

Taxes

516 Melrose Ave has 10 associated Taxes items

516 Melrose Ave, Fort Smith, AR pays taxes in Sebastian County, AR. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $36,492. The APN we've located for 516 Melrose Ave is 10843-0046-00005-00.

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Taxes
  • Assessed Value:  $36,492
  • Assessed Year:  2026
  • Assessed County:  Sebastian
  • APN:  10843-0046-00005-00
  • Assessed Land Value:  4400
  • Market Land Value:  22000
  • Tax Amount:  1588.52
  • Tax Year:  2026
  • Market Value:  182460
  • Market Year:  2026

Tax History

516 Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $36,492 Land Value $4,400 Improvement Value $32,092 Tax Amount $1,588.52 Change Rate Assessed CR Tax Rate +0.043531%
Year 2025 Assessed Value $36,492 Land Value $4,400 Improvement Value $32,092 Tax Amount $1,588.52 Change Rate +0.216623% Assessed CR Tax Rate +0.043531%
Year 2024 Assessed Value $24,870 Land Value $3,200 Improvement Value $21,670 Tax Amount $1,305.68 Change Rate -0.095727% Assessed CR Tax Rate +0.0525%
Year 2023 Assessed Value $24,870 Land Value $3,200 Improvement Value $21,670 Tax Amount $1,443.9 Change Rate +2.003307% Assessed CR Tax Rate +0.058058%
Year 2022 Assessed Value $24,870 Land Value $3,200 Improvement Value $21,670 Tax Amount $480.77 Change Rate Assessed CR Tax Rate +0.019331%
Year 2021 Assessed Value $24,870 Land Value $3,200 Improvement Value $21,670 Tax Amount $480.77 Change Rate Assessed CR Tax Rate +0.019331%
Year 2020 Assessed Value $24,870 Land Value $3,200 Improvement Value $21,670 Tax Amount $480.77 Change Rate Assessed CR Tax Rate +0.019331%
Year 2019 Assessed Value $20,600 Land Value $2,400 Improvement Value $18,200 Tax Amount $480.77 Change Rate -0.37873% Assessed CR Tax Rate +0.023338%
Year 2018 Assessed Value $20,600 Land Value $2,400 Improvement Value $18,200 Tax Amount $773.85 Change Rate Assessed CR Tax Rate +0.037566%
Year 2017 Assessed Value $20,600 Land Value $2,400 Improvement Value $18,200 Tax Amount $773.85 Change Rate +0.825764% Assessed CR Tax Rate +0.037566%
Year 2016 Assessed Value Land Value Improvement Value Tax Amount $423.85 Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $20,600 Land Value $2,400 Improvement Value $18,200 Tax Amount $423.85 Change Rate Assessed CR Tax Rate +0.020575%
Year 2014 Assessed Value $14,740 Land Value $2,000 Improvement Value $12,740 Tax Amount $423.85 Change Rate Assessed CR Tax Rate +0.028755%