509 E Olive St
Melbourne, AR 72556
3 Beds
2.5 Baths
2,051 sqft (on 1 acre)
$285,000
Last Sold: Mar 27, 2026
5% below list $300K
$139/sqft
Est. Refi. Payment $1,662/mo*
$285,000
Last Sold: Mar 27, 2026
5% below list $300K
$139/sqft
Est. Refi. Payment $1,662/mo*
3 Beds
2.5 Baths
2,051 sqft
(on 1 acre)
Home Value
Trulia Estimate
$287KSince last month
Decreased$1K (-0.5%)Since last year
Decreased$2K (-0.8%)Since last sale
Increased$2K (+0.6%)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 decreased by -1% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $287K |
| July 2026 | $288K |
| June 2026 | $286K |
| May 2026 | $285K |
| April 2026 | $286K |
| March 2026 | $290K |
| February 2026 | $288K |
| January 2026 | $281K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.29 | Single-Family Home | $199,500 | 03/06/26 | 3 | 2 | 1,580 | |
0.25 | Single-Family Home | $205,000 | 01/16/26 | 5 | 2.5 | 2,340 | |
0.44 | Single-Family Home | $185,000 | 05/04/26 | 3 | 2 | 1,225 | |
0.43 | Single-Family Home | $153,000 | 01/13/26 | 3 | 2.5 | 1,973 | |
0.89 | Single-Family Home | $118,000 | 04/10/26 | 4 | 2 | 1,548 | |
0.53 | Single-Family Home | $159,000 | 09/29/25 | 3 | 1 | 1,560 |
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 |
|---|---|---|---|---|---|---|
0.06 | $292,500 | 3 | 2 | 1,838 | Off Market | |
0.12 | $286,100 | 3 | 2 | 1,809 | Off Market | |
0.16 | $535,000 | 6 | 7 | 7,100 | For Sale | |
0.16 | $138,700 | 3 | 2 | 1,350 | Off Market | |
0.19 | $119,000 | 2 | 1 | 912 | For Sale | |
0.25 | $86,400 | 3 | 2 | 1,122 | Off Market | |
0.25 | $90,000 | 2 | 1 | 936 | Recently Sold | |
0.25 | $205,000 | 5 | 2.5 | 2,340 | Recently Sold | |
0.26 | $69,600 | 2 | 1 | 960 | Off Market | |
0.27 | $116,000 | 4 | 2 | 1,456 | Off Market | |
0.29 | $249,900 | 3 | 2 | 1,580 | For Sale |
Local Information
- Map ViewExplore the area around 509 E Olive St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2017
Lot Size
1 acre
Living Area
2,051 sqft
Price/Sqft
$139/sqft
Parking
Garage
HOA
None
About this House
Built in 2017 and situated on a full acre in town, this beautifully crafted 3 bedroom, 2.5 bath home offers refined living with thoughtful attention to detail throughout. The well designed floor plan balances elegance and comfort, featuring an upstairs bedroom with a private half bath that is perfect for guests or a secluded home office. High quality finishes and intentional design elements create a polished yet inviting atmosphere. Step outside to the back patio, ideal for entertaining or quiet evenings, all while enjoying the rare combination of space, privacy, and in-town convenience. Give us a call today for more information!
509 E Olive St, Melbourne, AR 72556 is a 3 bedroom, 3 bathroom, 2,051 sqft single-family home built in 2017. It last sold for $285,000 on Mar 27, 2026 (5% below the $299,900 asking price). It is currently off market. The Trulia Estimate is $286,700, with a rent estimate of $1,911/month.
Last check for updates: about 23 hours ago
Listed by Anna Wade, (870) 291-7500
Re/Max Edge Realty Melbourne
Brandy N Corter, (870) 373-4009
Re/Max Edge Realty Melbourne
Bought with: Anna Wade, (870) 291-7500, Re/Max Edge Realty Melbourne
Source: CARMLS, MLS#25048939
Home Details for 509 E Olive St
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MLS Status: Closed |
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Interior Details Number of Rooms: 1Types of Rooms: Dining Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2051 Square Feet |
Appliances & Utilities Utilities: Natural Gas ConnectedAppliances: Free-Standing Range, Microwave, Electric Range, DishwasherDishwasherLaundry: Washer Hookup,Electric Dryer Hookup,Laundry RoomMicrowave |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Gas Logs PresentHas a Fireplace |
Gas & Electric Electric: Elec-Municipal (+Entergy)Gas: Gas-Natural |
Windows, Doors, Floors & Walls Flooring: Carpet, Wood, Tile |
Levels, Entrance, & Accessibility Stories: 1.5Levels: One and One HalfFloors: Carpet, Wood, Tile |
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Exterior Home Features Roof: ShinglePatio / Porch: Patio, PorchFoundation: Slab/Crawl Combination |
Parking & Garage Has a GarageParking Spaces: 1Parking: Garage,One Car,Garage Faces Side |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 2017 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Metal/Vinyl SidingNot a New Construction |
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Price List Price: $299,900Price Per Sqft: $139/sqft |
Status Change & Dates Off Market Date: Tue Feb 24 2026Possession Timing: Close Of Escrow |
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Direction & Address City: MelbourneCommunity: Metes & Bounds |
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Building Area Building Area: 2051 Square Feet |
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No HOA |
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Lot Area: 1 Acres |
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Listing Terms: VA Loan, FHA, Conventional, Cash, USDA Loan |
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Mls Number: 25048939Days In Mls: 71 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 27, 2026 Source: CARMLS #25048939 | Sold | $285,000 |
Dec 15, 2025 Source: CARMLS #25048939 | Listed For Sale | $299,900 |
Market trends in Melbourne
Last updated July 2026
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.
LGBTQ Local Legal Protections
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Frequently asked questions about 509 E Olive St
- What is 509 E Olive St estimated to be worth?Trulia's estimated value for 509 E Olive St in Melbourne, AR is $286,700.
- What is the price history for 509 E Olive St?509 E Olive St in Melbourne, AR last sold for $285,000 in March 2026.
- 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 509 E Olive St have air conditioning?Yes, 509 E Olive St in Melbourne, AR has air conditioning.
- Does 509 E Olive St have laundry facilities?Yes, 509 E Olive St in Melbourne, AR has laundry facilities.
Apartments for Rent
Off Market Homes Near 509 E Olive St
SOLDAUG 14, 2026Roxanne Byram, United Country Ozark Realty
SOLDAUG 10, 2026Cody W Cooper, United Country Ozark Realty
SOLDAUG 7, 2026Cheryl D Reed, Re/Max Edge Realty
SOLDAUG 5, 2026Roxanne Byram, United Country Ozark Realty
SOLDJUL 30, 2026Roxanne Byram, United Country Ozark Realty
SOLDJUN 22, 2026Anna Wade, Re/Max Edge Realty Melbourne
SOLDJUN 17, 2026MOODY REALTY, INC-UNITED COUNTRY
SOLDJUN 15, 2026Will M Watson, United Country Ozark Realty
See more homes for sale inMelbourne
Homes for sale near 509 E Olive St
1.3 ACRESRoxanne Byram, United Country Ozark Realty
1.08 ACRESRoxanne Byram, United Country Ozark Realty
1 ACREBrandy N Corter, Re/Max Edge Realty Melbourne
0.25 ACRESRoxanne Byram, United Country Ozark Realty
1 ACRECody W Cooper, United Country Ozark Realty
1.37 ACRESJoshua L Cole, Venture Realty Group - Cabot
0.25 ACRESCarrie B Lovell, KW Market Pro Realty - Ash Flat
0.45 ACRESRebecca Guthrie, Century 21 Portfolio SRAB- See more homes for sale inMelbourne
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