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397 Madison 8731

Huntsville, AR 72740

3 bd 2 ba 1,362 sqft Built 2007 Lot 43,560 sqft single_family
Most recent sale
$250,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $250,000 MLS #1216697
Apr 30, 2022 Listed $235,000 MLS #1216697
Mar 13, 2008 Sold $123,000 Public Record
Feb 7, 2002 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,350 $7,000 $46,350 $1,598
2024 $39,350 $7,000 $46,350 $1,465
2023 $25,200 $4,400 $29,600 $1,332
2022 $25,200 $4,400 $29,600 $1,243
2021 $20,220 $3,800 $24,020 $759
2020 $20,220 $3,800 $24,020 $706
2019 $20,220 $3,800 $24,020 $706
2018 $20,220 $3,800 $24,020 $637
2017 $20,220 $3,800 $24,020 $637
2016 $20,220 $3,800 $24,020 $603
2015 $18,290 $3,800 $22,090 $558
2014 $18,290 $3,800 $22,090 $558
2013 $18,290 $3,800 $22,090 $558
2012 $18,290 $3,800 $22,090 $558
2011 $18,290 $3,800 $22,090 $558
2010 $22,630 $3,800 $26,430 $731
2009 $22,630 $3,520 $26,150 $725
2008 $3,200 $3,200 $718
2007 $3,200 $3,200 $131
2006 $3,200 $3,200 $131

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,362 sqft
Lot size
43,560 sqft
ZIP code
72740
City
Huntsville
Street
Madison 8731
Coordinates
36.14056, -93.77810

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,043
Gross rental yield
9.81%
Implied cap rate
6.37%
Trend-extrapolated value

Frequently asked questions

When did 397 Madison 8731 last sell?
397 Madison 8731 most recently sold on Jun 1, 2022 for $250,000.
What is the current tax assessment for 397 Madison 8731?
The most recent total assessment for 397 Madison 8731 (year 2025) is $46,350 with $1,598 in property tax.
How does 397 Madison 8731's assessment compare to its last sale price?
The current assessment is 81.5% below the last sale price of $250,000.
When was 397 Madison 8731 built?
397 Madison 8731 was built in 2007.
How does 397 Madison 8731 compare to others on Madison 8731?
We track 8 other properties on Madison 8731. Browse the list under "Other properties on Madison 8731" to compare beds, baths, and sale history.
What are the property facts for 397 Madison 8731?
397 Madison 8731 is a 3 bed, 2 bath, 1,362 sqft, 43,560 sqft lot single_family.
Is 397 Madison 8731 a flip candidate?
No — 397 Madison 8731 does not appear in our flips dataset.
Is 397 Madison 8731 a tax-appeal candidate?
No — 397 Madison 8731 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$309.8K
2026 Q4
$314.7K
ZIP 72740 — Median Price History + Forecast

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