NOT LISTED FOR SALE

0.97 Acres W Martin Luther King jr Blvd Fayetteville, AR 72703

West 62 Neighborhood

Estimated Value: $497,000

0.97 Acre
$512,371 Price per Acre
42,253 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $460,000

Est. 8% increase in value since last sale

Current estimated payment $3,020/month

383 Days on Market

About This Lot

As of April 2022

Approx. 180' of frontage on W MLK Jr. Blvd. High traffic area with 34,000 CPD. Centrally located between Farmington and Fayetteville.
Close proximity to major retailers such as Wal-Mart, Lowes, & Walgreens.
1 mile from I-49 access. Water & Sewer at street.

Last Agent to Sell the Property

Brennan Sharpe

Steve Fineberg & Associates License #SA00084262 Listed on: 12/18/2020

Co-Listed By

Steve Fineberg

Steve Fineberg & Associates License #PB00049764

Last Buyer's Agent

David Erstine

CBRE, Inc-Fayetteville License #EB00052105

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $313

Lot Details

  • 0.97 Acre Lot
  • Property fronts a highway
  • Cleared Lot
  • Zoning described as Commercial

Utilities

  • Not Connected to Sewer

Community Details

  • Fayetteville Outlots Subdivision

Listing and Financial Details

  • Legal Lot and Block / / /

Property Details

Property Type

Land

Est. Annual Taxes

$313

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.97
  • Road Frontage Type: Highway, Main Thoroughfare, Public Road
  • Co List Office Mls Id: 17796
  • Co List Office Phone: 479-271-4161
  • Subdivision Name: Fayetteville Outlots
  • Directions: Take exit 62 for US-62 W toward AR-180 E/Farmington/Univ. of Ark. Continue onto US-62 W/S Shiloh Dr Turn right onto M.L.K. Jr Blvd Destination will be on the left 3595 M.L.K. Jr Blvd, Fayetteville, AR 72704
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Other, See Remarks
  • Topography: Cleared,Other,See Remarks

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 765-14809-000
  • Zoning Description: Commercial
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 313.0
  • Tax Block: /
  • Tax Lot: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
May 2, 2022
Sold by
Highway 62 Auto Salvage & Sales Inc
Bought by
Wcm Real Estate Llc
Seller's Agent
Brennan Sharpe
Steve Fineberg & Associates
Buyer's Agent
David Erstine
CBRE, Inc-Fayetteville
List Price
$533,174
Sold Price
$460,000
Premium/Discount to List
-$73,174
-13.72%
Current Estimated Value
$497,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,000
Original Mortgage
$368,000
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1985
Bought by
Williams Ted R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wcm Real Estate Llc $460,000 None Listed On Document
Williams Ted R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wcm Real Estate Llc $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $460,000 -13.7% --
01/05/2022 01/05/22 Pending -- -- --
12/18/2020 12/18/20 For Sale $533,174 -- --
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,803 $84,120 $84,120 $0
2024 $4,795 $84,120 $84,120 $0
2023 $4,875 $84,120 $84,120 $0
2022 $2,246 $39,760 $39,760 $0
2021 $2,074 $39,760 $39,760 $0
2020 $1,901 $39,760 $39,760 $0
2019 $1,728 $29,820 $29,820 $0
2018 $1,728 $29,820 $29,820 $0
2014 $2,410 $44,830 $39,000 $5,830
Source: Public Records

Agents Affiliated with this Home

  • Brennan Sharpe

    Seller's Agent in 2022

    Brennan Sharpe

    Steve Fineberg & Associates

    (479) 530-3774

    2 in this area

    65 Total Sales

    Brennan Sharpe
    Section Image
  • Steve Fineberg

    Seller Co-Listing Agent in 2022

    Steve Fineberg

    Steve Fineberg & Associates

    (479) 409-4756

    3 in this area

    59 Total Sales

    Steve Fineberg
    Section Image
  • David Erstine

    Buyer's Agent in 2022

    David Erstine

    CBRE, Inc-Fayetteville

    (479) 444-2552

    3 in this area

    37 Total Sales

    David Erstine
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1169730

Northwest Arkansas Board of REALTORS®

APN: 765-14809-000

Arkansas Washington County Fayetteville 72701 West 62

0.97 Acres W Martin Luther King jr Blvd, Fayetteville, AR

Not Listed for Sale

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