147 E Olive St, Melbourne, AR 72556
Property image
Property image
OFF MARKET

$146,600

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,169 sqft

147 E Olive St, Melbourne, AR 72556

Est. Refi. Payment $890/mo*
Refinance Your Home
Currently Off Market - Sold Sep 13, 2019 for $94,500

Home Value

Trulia Estimate
$147K
Since last month
Increased$300 (+0.2%)
Since last year
Increased$700 (+0.5%)
Since last sale
Increased$52K (+55.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +297% in the last 10 years
MonthEstimated value
2026
August 2026$147K
July 2026$147K
June 2026$151K
May 2026$150K
April 2026$148K
March 2026$139K
February 2026$149K
January 2026$139K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2174 N Main St, Melbourne, AR
0.50
Single-Family Home
$206,000
12/16/25
3
2
1,368
225 E Olive St, Melbourne, AR
0.00
Single-Family Home
$285,000
04/01/26
2
2,051
854 Hurricane Creek Rd, Melbourne, AR
0.36
Single-Family Home
$290,000
06/22/26
2
2
1,500
48 Alisa Cir, Melbourne, AR
0.41
Single-Family Home
$356,000
10/23/25
3
2
1,856
1665 N State Highway 9, Melbourne, AR
1.32
Single-Family Home
$235,000
07/30/26
3
2
2,132
470 Judge Ashley Dr, Melbourne, AR
1.51
Single-Family Home
$225,000
11/12/25
3
2.5
1,600
400 School St, Melbourne, AR
1.93
Single-Family Home
$185,000
05/04/26
3
2
1,225
1273 Knob Creek Rd, Melbourne, AR
1.86
Single-Family Home
$109,000
03/31/26
2
1
864
1585 Knob Creek Rd, Melbourne, AR
1.97
Single-Family Home
$139,500
04/01/26
2
2
1,200
653 Plantation Cir, Melbourne, AR
1.51
Single-Family Home
$275,000
10/10/25
4
3
2,780

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
227 Cooper Ct, Melbourne, AR 72556
0.31
-
-
-
-
Off Market
854 Hurricane Creek Rd, Melbourne, AR 72556
0.36
$290,000
2
2
1,500
Recently Sold
48 Alisa Cir, Melbourne, AR 72556
0.41
$355,200
3
2
1,856
Off Market
2294 N Main St, Melbourne, AR 72556
0.47
$162,400
3
2
1,344
Off Market
2174 N Main St, Melbourne, AR 72556
0.50
$206,000
3
2
1,368
Recently Sold
474 Jones Farm Rd, Melbourne, AR 72556
0.73
$348,900
2
1.5
1,200
Off Market
1456 Old Larkin Rd, Melbourne, AR 72556
1.23
$226,000
2
2
1,576
Recently Sold
1665 N State Highway 9, Melbourne, AR 72556
1.32
$235,000
3
2
2,132
Recently Sold
653 Plantation Cir, Melbourne, AR 72556
1.51
$274,600
4
3
2,780
Off Market

Local Information

  • Map ViewExplore the area around 147 E Olive St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1741
Living Area
1,169 sqft
Price/Sqft
$125

About this House

This single-family home is located at 147 E Olive St, Melbourne, AR. 147 E Olive St is in Melbourne, AR and in ZIP code 72556. This property has 2 bathrooms and approximately 1,169 sqft of floor space. This property has a lot size of 1 acre and was built in 1741.
147 E Olive St, Melbourne, AR 72556 is a studio, 2 bathroom, 1,169 sqft single-family home built in 1741. It last sold for $94,500 on Sep 13, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $146,600, with a rent estimate of $1,132/month.

Home Details for 147 E Olive St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Additional StorageStorage
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherFoundation Type: Piers
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1741
Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Sep 13, 2019
Source: CARMLS #19030042
Sold
$94,500
Oct 6, 2017
Source: CARMLS #17010552
Sold
$55,000

Market trends in Melbourne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
42
2MoM

Around this home

What Locals Say about Melbourne

At least 5 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 89 % Say there's wildlife

  • 89 % Say yards are well-kept

  • 86 % Say car is needed

  • 85 % Say they plan to stay for at least 5 years

  • 80 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 55 % Say kids play outside

  • 55 % Say there are community events

  • 52 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 50 % Say there's holiday spirit

  • 40 % Say there are sidewalks

  • 40 % Say streets are well-lit

  • 38 % Say it's walkable to restaurants

  • 20 % Say it's dog friendly

Sourced by Trulia users. Learn more about our methodology.
  • Jenbrassfield
    "Great area. Right in the middle of several vacation spots such as Hardy, Calico Rock, Mountain Home, Bull Shoals. Tons of places to camp, fish, and swim. "
    0
    Flag
  • ElisabethM
    "I grow up outside of Melbourne and moved back after I married, my husband and I are looking to buy our own home in town soon. People are very friendly and it's a peaceful little town I just love it here"
    5
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 147 E Olive St

  • What is 147 E Olive St estimated to be worth?
    Trulia's estimated value for 147 E Olive St in Melbourne, AR is $146,600.
  • What is the price history for 147 E Olive St?
    147 E Olive St in Melbourne, AR last sold for $94,500 in September 2019.
  • Is Melbourne a buyer's or seller's market?
    Melbourne is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Melbourne?
    Residents describe Melbourne, AR as easy to park in, well-kept, and established. Most residents say you need a car. See recently sold homes in Melbourne, AR.
  • Does 147 E Olive St have air conditioning?
    Yes, 147 E Olive St in Melbourne, AR has air conditioning.
  • How big is the lot at 147 E Olive St?
    The lot at 147 E Olive St in Melbourne, AR is about 1 acre.

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