342 School St, Melbourne, AR 72556
Property image
Property image
OFF MARKET

$150,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,212 sqft (on 0.36 acres)

342 School St, Melbourne, AR 72556

Est. Refi. Payment $928/mo*
Refinance Your Home
Currently Off Market - Sold Jun 17, 2024 for $132,500

Home Value

Trulia Estimate
$151K
Since last month
Increased$600 (+0.4%)
Since last year
Decreased$5K (-3.4%)
Since last sale
Increased$18K (+13.7%)
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 +129% in the last 10 years
MonthEstimated value
2026
August 2026$151K
August 2026$150K
July 2026$150K
June 2026$150K
May 2026$153K
April 2026$151K
March 2026$146K
February 2026$146K
January 2026$143K
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
400 School St, Melbourne, AR
0.05
Single-Family Home
$185,000
05/04/26
3
2
1,225
26 Sheffield Rd, Melbourne, AR
0.23
Single-Family Home
$139,061
02/04/26
3
1
1,240
122 Jay St, Melbourne, AR
0.20
Single-Family Home
$90,000
02/13/26
2
1
936
137 Sharp St, Melbourne, AR
0.53
Single-Family Home
$199,500
03/06/26
3
2
1,580
116 Utopia Dr, Melbourne, AR
0.84
Single-Family Home
$132,500
08/26/26
3
1
1,032
144 Larkin Rd, Melbourne, AR
0.35
Single-Family Home
$159,000
09/29/25
3
1
1,560
509 E Olive St, Melbourne, AR
0.40
Single-Family Home
$285,000
03/27/26
3
2.5
2,051
275 S Spring St, Melbourne, AR
0.74
Single-Family Home
$153,000
01/13/26
3
2.5
1,973

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
400 School St, Melbourne, AR 72556
0.05
$185,000
3
2
1,225
Recently Sold
151 Jay St, Melbourne, AR 72556
0.19
$115,000
4
2
1,456
Off Market
122 Jay St, Melbourne, AR 72556
0.20
$90,000
2
1
936
Recently Sold
Jay St, Melbourne, AR 72556
0.22
-
-
-
-
Off Market
508 School St, Melbourne, AR 72556
0.17
$144,400
4
2
1,120
Off Market
45 Sheffield Rd, Melbourne, AR 72556
0.20
$99,800
1
1
600
Off Market
26 Sheffield Rd, Melbourne, AR 72556
0.23
$139,061
3
1
1,240
Recently Sold
224 Knob Creek Rd, Melbourne, AR 72556
0.23
$144,700
2
1
1,032
Off Market
106 Larkin Rd, Melbourne, AR 72556
0.30
-
2
1
700
Off Market
382 Knob Creek Rd, Melbourne, AR 72556
0.34
$126,800
3
2.5
1,568
Off Market
165 N Lunen St, Melbourne, AR 72556
0.38
$119,000
2
1
912
For Sale

Local Information

  • Map ViewExplore the area around 342 School St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
0.36 acre lot
1,212 sqft
$124/sqft
Carport

About this House

UPDATED BRICK HOME in Melbourne! This 3 bedroom, 2 bath home offers a perfect location in town, but has a country feel with a large yard and privacy. The home has a spacious living area and an open kitchen/dining area. The master bedroom has a full bathroom attached and the guest bedrooms are well designed with great storage space. Outside the home is a 1 vehicle carport and a large back yard. This property combines comfort, style, and convenience. Don't miss an opportunity to own this home!
342 School St, Melbourne, AR 72556 is a 3 bedroom, 2 bathroom, 1,212 sqft single-family home. It last sold for $132,500 on Jun 17, 2024 (12% below the $149,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $150,700, with a rent estimate of $1,207/month.
Last check for updates: about 19 hours ago
Listed by Brandy N Corter, (870) 373-4009
Re/Max Edge Realty Melbourne
Bought with: Brandy N Corter, (870) 373-4009, Re/Max Edge Realty Melbourne
Source: CARMLS, MLS#24015442

Home Details for 342 School St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 1Types of Rooms: Dining Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1212 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Microwave, Electric Range, Dishwasher, Refrigerator, Electric Water HeaterDishwasherLaundry: Washer Hookup,Electric Dryer Hookup,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: Elec-Municipal (+Entergy)
Windows, Doors, Floors & Walls
Flooring: Wood, Luxury Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Wood, Luxury Vinyl

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: PorchFoundation: Crawl Space
Parking & Garage
Has a CarportParking Spaces: 1Parking: Carport,Parking Pad,One Car
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New Construction

Price & Status

Price
List Price: $149,900
Status Change & Dates
Off Market Date: Thu May 16 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: MelbourneCommunity: Metes & Bounds

Building

Building Area
Building Area: 1212 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.36 acres

Offer

Listing Terms: VA Loan, FHA, Conventional, Cash

Miscellaneous

Mls Number: 24015442Days In Mls: 11

Price and Tax history

DateEventPrice
Jun 17, 2024
Source: CARMLS #24015442
Sold
$132,500
May 5, 2024
Source: CARMLS #24015442
Listed For Sale
$149,900
Aug 25, 2020
Source: N/A
Sold
$79,500
Jul 25, 2018
Source: N/A
Sold
$28,000
Jun 13, 2018
Source: Agent Provided
Listed For Sale
$34,500

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

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Frequently asked questions about 342 School St

  • What is 342 School St estimated to be worth?
    Trulia's estimated value for 342 School St in Melbourne, AR is $150,700.
  • What is the price history for 342 School St?
    342 School St in Melbourne, AR last sold for $132,500 in June 2024.
  • 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 342 School St have air conditioning?
    Yes, 342 School St in Melbourne, AR has air conditioning.
  • Does 342 School St have laundry facilities?
    Yes, 342 School St in Melbourne, AR has laundry facilities.

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