242 County Road 501
Berryville, AR 72616
4 bd 2 ba 1,874 sqft Built 1985 Lot 50,094 sqft single_family
Most recent sale
$235,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $235,000 | MLS #1208550 |
| Mar 4, 2022 | Price changed | $239,000 | MLS #1208550 |
| Jan 25, 2022 | Listed | $250,000 | MLS #1208550 |
| Sep 15, 2015 | Sold | $113,000 | Public Record |
| Sep 29, 1994 | Sold | $71,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,250 | $3,240 | $43,490 | $1,502 |
| 2024 | $40,250 | $3,240 | $43,490 | $1,502 |
| 2023 | $31,520 | $2,110 | $33,630 | $1,414 |
| 2021 | $31,520 | $2,110 | $33,630 | $761 |
| 2020 | $18,560 | $2,110 | $20,670 | $761 |
| 2019 | $18,560 | $2,110 | $20,670 | $780 |
| 2018 | $18,560 | $2,110 | $20,670 | $804 |
| 2017 | $18,560 | $2,110 | $20,670 | $804 |
| 2016 | $18,560 | $2,110 | $20,670 | $758 |
| 2015 | $19,820 | $2,110 | $21,930 | $703 |
| 2014 | $19,820 | $2,110 | $21,930 | $703 |
| 2013 | $19,820 | $2,110 | $21,930 | $703 |
| 2012 | $19,820 | $2,110 | $21,930 | $681 |
| 2011 | $19,570 | $2,110 | $21,680 | $632 |
| 2010 | $19,570 | $2,110 | $21,680 | $589 |
| 2009 | $19,570 | $2,110 | $21,680 | $546 |
| 2008 | $15,667 | $2,110 | $17,777 | $504 |
| 2007 | $14,924 | $2,110 | $17,034 | $468 |
| 2006 | $14,924 | $2,110 | $17,034 | $482 |
Property facts
Year built
1985
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,874 sqft
Lot size
50,094 sqft
ZIP code
72616
City
Berryville
Street
County Road 501
Coordinates
36.34801, -93.57666
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,811
Gross rental yield
14.35%
Implied cap rate
9.33%
Trend-extrapolated value
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Frequently asked questions
When did 242 County Road 501 last sell?
242 County Road 501 most recently sold on May 12, 2022 for $235,000.
What is the current tax assessment for 242 County Road 501?
The most recent total assessment for 242 County Road 501 (year 2025) is $43,490 with $1,502 in property tax.
How does 242 County Road 501's assessment compare to its last sale price?
The current assessment is 81.5% below the last sale price of $235,000.
When was 242 County Road 501 built?
242 County Road 501 was built in 1985.
How does 242 County Road 501 compare to others on County Road 501?
We track 8 other properties on County Road 501. Browse the list under "Other properties on County Road 501" to compare beds, baths, and sale history.
What are the property facts for 242 County Road 501?
242 County Road 501 is a 4 bed, 2 bath, 1,874 sqft, 50,094 sqft lot single_family.
Is 242 County Road 501 a flip candidate?
No — 242 County Road 501 does not appear in our flips dataset.
Is 242 County Road 501 a tax-appeal candidate?
No — 242 County Road 501 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.9%
Implied 1-yr
-3.5%
2026 Q3
$221.2K
2026 Q4
$219.1K
ZIP 72616 — Median Price History + Forecast
Explore nearby
Geography
Other properties on County Road 501