NOT LISTED FOR SALE

002-11201-001 Rema Ln Gassville, AR 72635

Estimated Value: $48,000 - $84,000

2.78 Acres
$23,741 Price per Acre
121,097 Sq Ft Lot

Last Sold July 07, 2022

Last sale price $75,000

Est. 12% decrease in value since last sale

Current estimated payment $414/month

27 Days on Market

Highlights

  • River View
  • Stream or River on Lot
  • Level Lot
  • Bluff on Lot

About This Lot

As of July 2022

Beautiful 2.5 acre Bluff river view property very close to Mountain Home overlooking the White River and the valley and mountains, panoramic view in very nice neighborhood. Is perked and has electricity, recently cleared. Located near Wildcat Shoals in prime trout fishing area.

Last Agent to Sell the Property

Roger Talburt

PEGLAR REAL ESTATE GROUP Listed on: 05/10/2022

Last Buyer's Agent

Roger Talburt

PEGLAR REAL ESTATE GROUP Listed on: 05/10/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $554

Lot Details

  • 2.78 Acre Lot
  • Lot Dimensions are 199 x 777 x 139 x 707
  • Bluff on Lot
  • Level Lot

Additional Features

  • River Views
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 002-11201-001

Community Details

Overview

  • Rainbow Vista Estates Subdivision

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$554

Lot Details

0

Listing Details

  • Class: LAND
  • Type: LAND, River Property, Subdivisions
  • Access: County Road
  • Extras: Hardwood, Mixed
  • Miles to Black Top: < 1 Mile
  • Miles to City: < 5 Miles
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Surfaces: Gravel
  • View: River
  • Borders Water: No
  • River Name: White River

Utilities

  • Utility Companies: North AR Electric Co-Op
  • Cable: No
  • Electric: At Property

Lot Info

  • Lot Dimensions: 199 x 777 x 139 x 707
  • Number Of Acres: 2.78
  • Assessor Parcel Number: 002-11201-001
  • Acreage: 2.1-3
  • Flood Plain: No
  • Lot Description: Bluff Site
  • Topography: Flat, Steep
  • Zoning Restrictions: R-1

Tax Info

  • Taxes: $554.04
  • Tax Year: 2021

MLS Schools

  • School: Cotter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jul 7, 2022
Sold by
Jules Llc
Bought by
Nelson Kenneth
Seller's Agent
Roger Talburt
PEGLAR REAL ESTATE GROUP
Buyer's Agent
Roger Talburt
PEGLAR REAL ESTATE GROUP
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,000
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Jan 11, 2021
Sold by
Pachis Michael and Pachis Terrill
Bought by
Jules Llc

Purchase Details

Closed on
Jul 27, 2007
Sold by
Not Provided
Bought by
Pachis Michael and Pachis Terri L
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
Nelson Kenneth $75,000 Carney Law Firm Pa
Jules Llc $52,500 Lenders Title Company
Pachis Michael $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pachis Michael $23,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $75,000 -6.1% --
06/06/2022 06/06/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $79,900 -- --
Source: Mountain Home MLS (North Central 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 $646 $14,000 $14,000 $0
2023 $646 $14,000 $14,000 $0
2022 $646 $14,000 $14,000 $0
2021 $554 $12,000 $12,000 $0
2020 $554 $12,000 $12,000 $0
2019 $554 $12,000 $12,000 $0
2018 $470 $12,000 $12,000 $0
2017 $530 $12,000 $12,000 $0
2016 $648 $15,000 $15,000 $0
2015 $582 $15,000 $15,000 $0
2014 $642 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 124140

Mountain Home MLS (North Central Board of REALTORS®)

APN: 002-11201-001