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$50,000   Price Analysis
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401 Ambrose St
Monticello, AR 71655
3 bed 1 bath 1,500 SqFt ($33/SqFt)
1.68 acre lot. Built 1966
Listed 2024-03-09, Taxes $292
Ⓧ Possibly USDA Ineligible
due to property condition

near Monticello

This property is perfect for the right investor or DIY enthusiast.

At $33 per square foot, the concrete block fixer upper is a 3 bed, 1 bath in need of some TLC. All three bedrooms are large but will require closet installation. Whether youre looking for your first home, rental property or even a flip opportunity, this residence offers extraordinary potential to build equity through appreciation of property.

The 1500 square f oot home is located at 401 Ambrose Street in Monticello. If you are someone who can visualize a propertys potential, call me for a showing.


Presented by Michelle Fakouri at
Hope & Company Realty.


Property MLS #24008011 from Carmls

Bedrooms: 3

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Dining Area Description: Eat-In Kitchen, Kitchen/Den
Kitchen Features: Free-Standing Stove

Central Cool-Electric
Central Heat-Electric

Ceilings: Sheet Rock
Flooring: Concrete

Deck
Roads: Gravel, Paved

Lot Description: Sloped, Pond
Lot Size Acres: 1.68
Lot Size Square Feet: 73181

Parking Features: Parking Pads

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 296
Source Listing Status: Active
County: Drew
Directions: Driving south on Main Street, make a left on East Wilis. At the stop sign, turn right on South Gabbert. Turn left on Ambrose. House is on the left side of the road.
Source Property Type: Residential
Area: MONTICELLO
Source Neighborhood: Metes & Bounds
Subdivision: Metes & Bounds
Property Features: 3 Bedrooms Same Level
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$3,420 + $2,690
$6,110
$292
2021$3,420 + $2,690
$6,110
$292
2020$6,240 + $2,690
$8,930
$426
2018$6,240 + $2,690
$8,930
$426
2017$6,240 + $2,690
$8,930
$426
2016$6,240 + $2,690
$8,930
$426
2015$6,240 + $2,690
$8,930
$398
2014$5,570 + $2,690
$8,260
$398
2013$5,570 + $2,690
$8,260
$398
2012$5,570 + $2,690
$8,260
$398
2011$5,570 + $2,690
$8,260
$398
2010$5,570 + $2,690
$8,260
$415
2009$6,400 + $2,210
$8,610
$415
2008$6,400 + $2,210
$8,610
$415
2007$5,310 + $3,020
$8,330
$401
2006$5,310 + $3,020
$8,330
$401

Relisted 2024-04-12
$50,000
Carmls
Listing removed 2024-04-07
$90,000
Carmls
Listed 2024-03-09
$90,000
Carmls

Total Square Feet Living: 1500
Year Built: 1966
Building Exterior Type: Block
Foundation Details: Slab
Property Age: 58
Property Condition: Fixer
Roof: Composition
Levels or Stories: One Story
House Style: Fixer-Upper

Sewer-Public
Water-Public
Elec-Municipal (+Entergy)
Gas-Natural
Water Source: Water-Public

Monticello Intermediate School is a public elementary school located approximately 1.5 miles away.
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Monticello Middle School is a public middle school located approximately 1.6 miles away.
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Monticello High School is a public high school located approximately 1.6 miles away.
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Grace Christian Academy is a private elementary school located approximately 1.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.