694 Tate Rd, Melbourne, AR 72556
OFF MARKET

$420,900

Trulia Estimate
  • Studio

694 Tate Rd, Melbourne, AR 72556

Est. Refi. Payment $2,457/mo*
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Home Value

Trulia Estimate
$421K
Since last month
Increased$8K (+2%)
Since last year
Decreased$14K (-3.1%)
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 +1,217% in the last 10 years
MonthEstimated value
2026
August 2026$429K
August 2026$421K
June 2026$503K
May 2026$407K
March 2026$479K
2025
2024
2020
2019
2018
2017

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
1054 Rose Trl, Melbourne, AR
0.52
Single-Family Home
$400,000
05/08/26
2
1,440
172 College Dr, Melbourne, AR
0.62
Single-Family Home
$2,099
10/02/25
2
784
37 Kirk St, Melbourne, AR
1.08
Single-Family Home
$100,000
10/24/25
2
2,060
662 College Dr, Melbourne, AR
1.17
Single-Family Home
$120,000
07/31/26
3
2
1,220
39 Ruby Ln, Melbourne, AR
1.28
Single-Family Home
$102,201
10/28/25
2
1,584
124 Miller St, Melbourne, AR
1.40
Single-Family Home
$140,000
04/08/26
3
2
1,200
124 Miller Ln, Melbourne, AR
1.40
Single-Family Home
$140,000
03/30/26
3
2
1,129
260 Whispering Pine Dr, Melbourne, AR
1.46
Single-Family Home
$63,000
08/18/26
3
2
1,288
312 Haley St, Melbourne, AR
1.49
Single-Family Home
$140,000
10/06/25
2
1,344
439 Haley St, Melbourne, AR
1.52
Single-Family Home
$118,000
04/10/26
4
2
1,548

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
685 Rose Trl, Melbourne, AR 72556
0.33
$327,700
3
2
1,843
Off Market
546 Allen St, Melbourne, AR 72556
0.98
$171,800
3
2
1,363
Off Market
486 Allen St, Melbourne, AR 72556
1.01
$342,600
3
2.5
2,217
Off Market
662 College Dr, Melbourne, AR 72556
1.17
$120,000
3
2
1,220
Recently Sold
339 Allen St, Melbourne, AR 72556
1.17
$191,500
3
2
1,700
Off Market
343 S Lacey St, Melbourne, AR 72556
1.19
$195,000
3
2
1,524
For Sale
75 Walker Rd, Sage, AR 72573
1.22
$174,000
3
2.5
1,860
Off Market
Rosewood Ln #0, Melbourne, AR 72556
1.40
-
-
-
-
Off Market
1266 Rosewood Ln, Melbourne, AR 72556
1.42
$536,700
4
3
3,406
Off Market
124 Miller Ln, Melbourne, AR 72556
1.40
$140,000
3
2
1,129
Recently Sold
260 Whispering Pine Dr, Melbourne, AR 72556
1.46
$63,000
3
2
1,288
Recently Sold

Local Information

  • Map ViewExplore the area around 694 Tate Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
163.24 acre lot

About this House

This single-family home is located at 694 Tate Rd, Melbourne, AR. 694 Tate Rd is in Melbourne, AR and in ZIP code 72556. This property has a lot size of 163.24 acres.
694 Tate Rd, Melbourne, AR 72556 is a studio single-family home. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $420,900, with a rent estimate of $1,409/month.

Home Details for 694 Tate Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Interior Features

Fireplace & Spa
Fireplace

Lot Information

Lot Area: 163.24 acres

Price and Tax history

YearProperty taxTax assessment
2025
$197
$19,900
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
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 694 Tate Rd

  • What is 694 Tate Rd estimated to be worth?
    Trulia's estimated value for 694 Tate Rd in Melbourne, AR is $420,900.
  • 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 694 Tate Rd?
    The closest schools to 694 Tate Rd 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 694 Tate Rd?
    The lot at 694 Tate Rd in Melbourne, AR is about 163.2 acres.

Apartments for Rent

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Off Market Homes Near 694 Tate Rd

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Homes for sale near 694 Tate Rd

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