NOT LISTED FOR SALE

0 SW Parnell Dr Unit 1227324 Bentonville, AR 72712

Estimated Value: $1,560,000

39.94 Acres
$39,059 Price per Acre
1,739,786 Sq Ft Lot

Last Sold February 17, 2023

Last sale price $5,150,000

Current estimated payment $8,226/month

3 Days on Market

Highlights

  • 39.94 Acre Lot
  • Mary Mae Jones Elementary School Rated A
  • Interior Lot

About This Lot

As of February 2023

This 39.94 acre parcel has access from SW Parnell Drive on the East; as well as access to SW Bright Road (under construction) and SW Lofoten Road (under construction) to the south. It will need to be annexed into Bentonville. The highest, and best, use is multifamily residential, mid-density development, or as a retirement community.
• Designated as “Infill” on the Strategic growth zone map
• 18” sewer line on the NW side of property
• Gently sloping topography
• Close proximity to Osage Park
• 2 miles from Walmart Home Office

Last Agent to Sell the Property

Daniel Smith, CCIM

Colliers International - Branch Office License #AB00089282 Listed on: 08/19/2022

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $245

Lot Details

  • 39.94 Acre Lot
  • Interior Lot
  • Open Lot
  • Sloped Lot

Property Details

Property Type

Land

Est. Annual Taxes

$245

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 39.94
  • Road Frontage Type: Public Road
  • Directions: From SW I Street, travel south to the intersection of SW Parnell Drive. Take Parnell Drive west until the end. Property is the land further west of the end of that road. 39.94 acres.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Interior Lot, None, Open Lot
  • Topography: Sloping

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 245.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2016
Sold by
Parnell Sara Lee and Parnell Sara Lee
Bought by
Sullivansquarebentonvillellc
Current Estimated Value
$1,560,000

Purchase Details

Closed on
Feb 16, 1998
Bought by
Mayer Rev Trust 2P

Purchase Details

Closed on
Apr 8, 1988
Bought by
Mayer

Purchase Details

Closed on
Aug 19, 1986
Bought by
Parnell

Purchase Details

Closed on
Sep 25, 1985
Bought by
Brown and Brown Rucker
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
Sullivansquarebentonvillellc $570,000 --
Mayer Rev Trust 2P -- --
Mayer Rev Trust 2P -- --
Mayer Rev Trust 2P -- --
Mayer $76,000 --
Rucker -- --
Parnell -- --
Graves -- --
Grayes -- --
Brown -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $5,150,000 -1.9% --
08/22/2022 08/22/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $5,250,000 -- --
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
2023 $239 $4,250 $2,110 $2,140
2022 $246 $4,250 $2,110 $2,140
2021 $245 $4,250 $2,110 $2,140
2020 $226 $3,880 $1,990 $1,890
2019 $226 $3,880 $1,990 $1,890
2018 $226 $3,880 $1,990 $1,890
2017 $218 $3,880 $1,990 $1,890
2016 $218 $3,880 $1,990 $1,890
2015 $206 $3,660 $1,710 $1,950
2014 $206 $3,660 $1,710 $1,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1227324

Northwest Arkansas Board of REALTORS®

APN: 18-08645-000