NOT LISTED FOR SALE

0 Tract 1 State Highway 72 Gravette, AR 72736

Estimated Value: $422,000 - $605,132

3.28 Acres
$160,681 Price per Acre
142,877 Sq Ft Lot

Last Sold July 08, 2024

Last sale price $110,000

Est. 375% increase in value since last sale

Current estimated payment $3,017/month

186 Days on Market

Highlights

  • Partially Fenced Property
  • Gravette Middle School Rated A-
  • Level Lot

About This Lot

As of July 2024

Conveniently located 3.28 acres off of HWY 72. Great opportunity to live in the country with quick access back to Gravette and surrounding NWA. Water and electric at street. Sellers willing to build to suit your New Construction Home, Barndominium or Shop House in the country while only being 5 minutes from downtown Gravette. No mobile homes.

Last Agent to Sell the Property

Matthew Rateliff

United Country/Rateliff Lifestyle Properties Brokerage Phone: 479-888-4162 License #SA00084419 Listed on: 12/26/2023

Last Buyer's Agent

Matthew Rateliff

United Country/Rateliff Lifestyle Properties Brokerage Phone: 479-888-4162 License #SA00084419 Listed on: 12/26/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $454

Lot Details

  • 3.28 Acre Lot
  • Property fronts a highway
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Cleared Lot

Utilities

  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$454

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.28
  • Road Frontage Type: Highway, Public Road
  • Subdivision Name: No
  • Directions: From Gravette go west on HWY 72 for 5.3 miles and property will be on left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Attribution Contact: 479-888-4162
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, None, Open Lot, Rural Lot, Level
  • Topography: Cleared,Level

Utilities

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

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 454.0
  • Tax Block: --
  • Tax Lot: --

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Pritchard Jerry Lee and Pritchard Ethel Melinda
Bought by
Payne Construction Inc
Current Estimated Value
$522,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2022
Sold by
Pritchard Jerry Lee and Pritchard Ethel Melinda
Bought by
Pritchard Jerry Lee and Pritchard Ethel Melinda

Purchase Details

Closed on
Dec 13, 2021
Sold by
Pritchard Farm Family Trust
Bought by
Pritchard Jerry Lee and Pritchard Ethel Melinda

Purchase Details

Closed on
Aug 31, 1964
Bought by
Pritchard

Purchase Details

Closed on
Aug 16, 1961
Bought by
Clark

Purchase Details

Closed on
Apr 18, 1957
Bought by
Frank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Payne Construction Inc $625,000 None Listed On Document
Pritchard Jerry Lee -- None Listed On Document
Pritchard Jerry Lee -- --
Pritchard -- --
Clark -- --
Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Payne Construction Inc $500,000
Previous Owner Pritchard Farm Family Trust $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $110,000 0.0% --
05/03/2024 05/03/24 Price Changed $110,000 -12.0% --
02/20/2024 02/20/24 Price Changed $124,999 -10.7% --
01/10/2024 01/10/24 Price Changed $140,000 -6.6% --
01/03/2024 01/03/24 For Sale $149,900 -- --
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
2024 $1,576 $35,572 $8,205 $27,367
2023 $816 $24,250 $3,900 $20,350
2022 $454 $24,250 $3,900 $20,350
2021 $418 $24,250 $3,900 $20,350
2020 $415 $17,230 $3,230 $14,000
2019 $415 $17,230 $3,230 $14,000
2018 $440 $17,230 $3,230 $14,000
2017 $394 $17,230 $3,230 $14,000
2016 $394 $17,230 $3,230 $14,000
2015 $733 $19,620 $2,660 $16,960
2014 $385 $19,620 $2,660 $16,960
Source: Public Records

Agents Affiliated with this Home

  • Matthew Rateliff

    Seller's Agent in 2024

    Matthew Rateliff

    United Country/Rateliff Lifestyle Properties

    (479) 903-5048

    51 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1263091

Northwest Arkansas Board of REALTORS®

APN: 18-16191-000

Arkansas Benton County Gravette 72736

0 Tract 1 State Highway 72, Gravette, AR

This home is located at 0 Tract 1 State Highway 72, Gravette, AR 72736 since 26 December 2023 and is currently estimated at $527,033. 0 Tract 1 State Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes