662 E  Olive St, Melbourne, AR 72556
OFF MARKET

662 E Olive St
Melbourne, AR 72556

  • Studio
  • 1 Bath
  • 1,496 sqft (on 2.03 acres)

$133,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $814/mo*

$133,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $814/mo*
Studio
1 Bath
1,496 sqft
(on 2.03 acres)

Home Value

Trulia Estimate
$133K
Since last month
Decreased$6K (-4.1%)
Since last year
Decreased$3K (-1.9%)
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 +100% in the last 10 years
MonthEstimated value
2026
August 2026$132K
July 2026$137K
June 2026$140K
May 2026$143K
April 2026$144K
March 2026$142K
February 2026$138K
January 2026$135K
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
0.25
Single-Family Home
$159,000
09/29/25
3
1
1,560
0.21
Single-Family Home
$199,500
03/06/26
3
2
1,580
0.16
Single-Family Home
$205,000
01/16/26
5
2.5
2,340
0.39
Single-Family Home
$185,000
05/04/26
3
2
1,225
0.34
Single-Family Home
$285,000
03/27/26
3
2.5
2,051
0.80
Single-Family Home
$60,000
06/01/26
4
1
1,272
0.53
Single-Family Home
$139,061
02/04/26
3
1
1,240
0.63
Single-Family Home
$65,000
01/09/26
2
1
918
1.10
Single-Family Home
$118,000
04/10/26
4
2
1,548
0.99
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
0.16
$205,000
5
2.5
2,340
Recently Sold
0.21
$249,900
3
2
1,580
For Sale
0.22
$19,900
-
-
-
For Sale
0.23
-
2
1
700
Off Market
0.25
$285,000
3
2
1,809
Off Market
0.25
$160,000
3
1
1,560
Off Market
0.34
$285,000
3
2.5
2,051
Recently Sold
0.39
$291,200
3
2
1,838
Off Market
0.39
$129,900
3
2
1,144
For Sale
0.39
$144,200
4
2
1,120
Off Market
0.39
$185,000
3
2
1,225
Recently Sold
0.39
$151,800
3
2
1,212
Off Market

Local Information

  • Map ViewExplore the area around 662 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
1982
Lot Size
2.03 acres
Living Area
1,496 sqft
Price/Sqft
$89

About this House

This single-family home is located at 662 E Olive St, Melbourne, AR. 662 E Olive St is in Melbourne, AR and in ZIP code 72556. This property has 1 bathroom and approximately 1,496 sqft of floor space. This property has a lot size of 2.03 acres and was built in 1982.
662 E Olive St, Melbourne, AR 72556 is a studio, 1 bathroom, 1,496 sqft single-family home built in 1982. It is currently off market. The Trulia Estimate is $133,300, with a rent estimate of $1,110/month.

Home Details for 662 E Olive St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherDeckFoundation Type: PiersPatio
Parking & Garage
Parking: Carport

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 2.03 acres

Price and Tax history

YearProperty taxTax assessment
2025
$181
$78,200
Home facts updated by county records

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
2
MoM
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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. "
  • 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"

LGBTQ Local Legal Protections

Homes for sale near 662 E Olive St

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Off Market Homes Near 662 E Olive St

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Frequently asked questions about 662 E Olive St

  • What is 662 E Olive St estimated to be worth?
    Trulia's estimated value for 662 E Olive St in Melbourne, AR is $133,300.
  • 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.
  • What are the closest schools to 662 E Olive St?
    The closest schools to 662 E Olive St in Melbourne, AR are Melbourne Elementary School (Pre-K, rated 7/10), Melbourne High School (Middle, rated 8/10).
  • How big is the lot at 662 E Olive St?
    The lot at 662 E Olive St in Melbourne, AR is about 2 acres.
  • Does 662 E Olive St have parking?
    Yes, 662 E Olive St in Melbourne, AR has on-site parking.