516 Independence Ave
Russellville, AR 72801
2 bd 1 ba 840 sqft Built 1935 single_family
Most recent sale
$30,000
Apr 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 9, 2022 | Sold | $78,750 | ArkansasValleyBOR |
| Jan 6, 2022 | Listed | $64,900 | MLS #22-17 |
| Apr 30, 2021 | Sold | $30,000 | MLS #21-548 |
| Mar 18, 2021 | Listed | $54,900 | MLS #21-548 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $6,500 | $6,500 | $297 |
| 2024 | — | $6,500 | $6,500 | $764 |
| 2023 | $3,860 | $2,600 | $6,460 | $764 |
| 2022 | $3,860 | $2,600 | $6,460 | $296 |
| 2021 | $3,860 | $2,600 | $6,460 | $296 |
| 2020 | $3,410 | $2,600 | $6,010 | $275 |
| 2019 | $3,410 | $2,600 | $6,010 | $278 |
| 2018 | $3,410 | $2,600 | $6,010 | $278 |
| 2017 | $3,410 | $2,600 | $6,010 | $278 |
| 2016 | $3,410 | $2,600 | $6,010 | $277 |
| 2015 | $2,590 | $3,060 | $5,650 | $260 |
| 2014 | $2,590 | $3,060 | $5,650 | $260 |
| 2013 | $2,590 | $3,060 | $5,650 | $260 |
| 2012 | $2,590 | $3,060 | $5,650 | $260 |
| 2011 | $2,590 | $3,060 | $5,650 | $260 |
| 2010 | $2,520 | $3,060 | $5,580 | $231 |
| 2009 | $2,520 | $3,060 | $5,580 | $213 |
| 2007 | $2,160 | $1,730 | $3,890 | $176 |
| 2005 | $2,160 | $1,730 | $3,890 | $149 |
Property facts
Year built
1935
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
840 sqft
Lot size
—
ZIP code
72801
City
Russellville
Street
Independence Ave
Coordinates
35.28356, -93.13897
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Independence Ave last sell?
516 Independence Ave most recently sold on Apr 30, 2021 for $30,000.
What is the current tax assessment for 516 Independence Ave?
The most recent total assessment for 516 Independence Ave (year 2025) is $6,500 with $297 in property tax.
How does 516 Independence Ave's assessment compare to its last sale price?
The current assessment is 78.3% below the last sale price of $30,000.
When was 516 Independence Ave built?
516 Independence Ave was built in 1935.
How does 516 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Independence Ave?
516 Independence Ave is a 2 bed, 1 bath, 840 sqft single_family.
Is 516 Independence Ave a flip candidate?
Yes — 516 Independence Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Independence Ave a tax-appeal candidate?
No — 516 Independence Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$266K
2026 Q4
$273.4K
ZIP 72801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Independence Ave