NOT LISTED FOR SALE

1.16 AC E Hwy 412 Siloam Springs, AR 72761

Estimated Value: $653,000

1.16 Acres
$562,931 Price per Acre
50,530 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $580,000

Est. 13% increase in value since last sale

Current estimated payment $4,117/month

375 Days on Market

About This Lot

As of June 2023

Development opportunity. Ideal for retail, self storage, and multi family. Near many national retailers. 2 access point from Hwy 412E. 25,000 CPD. Excellent location with 200 feet of frontage on Hwy 412 E. High traffic area in Siloam Springs near the growing commercial district.

Last Agent to Sell the Property

Brennan Sharpe

Steve Fineberg & Associates License #SA00084262 Listed on: 03/11/2021

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,193

Lot Details

  • 1.16 Acre Lot
  • Property fronts a highway

Utilities

  • Not Connected to Sewer

Community Details

  • Eastgate Sub Siloam Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 9R / /

Property Details

Property Type

Land

Est. Annual Taxes

$2,193

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.16
  • Road Frontage Type: Highway
  • Subdivision Name: Eastgate Sub Siloam Spgs
  • Directions: From the intersection of Hwy 412 & Hwy 16 in Siloam Springs, west on Hwy 412 to subject property on east side of road.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

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

Utilities

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

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2193.0
  • Tax Block: /
  • Tax Lot: 9R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jun 16, 2023
Sold by
Pearson John P
Bought by
Pp Siloam Springs Ar Owner Llc
Seller's Agent
Brennan Sharpe
Steve Fineberg & Associates
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$645,000
Sold Price
$580,000
Premium/Discount to List
-$65,000
-10.08%
Views
54
Current Estimated Value
$653,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,000

Purchase Details

Closed on
Jun 27, 2003
Bought by
Bank Of Ar (7P)

Purchase Details

Closed on
Dec 29, 1998
Bought by
Pearson Fam Ltd Ptrsp

Purchase Details

Closed on
Apr 17, 1996
Bought by
Pearson

Purchase Details

Closed on
May 28, 1986
Bought by
Pearson
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
Pp Siloam Springs Ar Owner Llc -- None Listed On Document
Pp Siloam Springs Ar Owner Llc $580,000 None Listed On Document
Bank Of Ar (7P) -- --
Pearson Fam Ltd Ptrsp -- --
Pearson -- --
Pearson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pp Siloam Springs Ar Owner Llc $19,999,999
Previous Owner Pearson C T $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $580,000 -10.1% --
03/21/2022 03/21/22 Pending -- -- --
03/11/2021 03/11/21 For Sale $645,000 -- --
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
2024 $6,711 $116,512 $116,512 $0
2023 $2,420 $45,310 $45,310 $0
2022 $2,198 $45,310 $45,310 $0
2021 $2,045 $46,090 $46,090 $0
2020 $1,865 $32,380 $32,380 $0
2019 $5,853 $153,780 $32,380 $121,400
2018 $5,435 $153,780 $32,380 $121,400
2017 $4,599 $153,780 $32,380 $121,400
2016 $4,599 $153,780 $32,380 $121,400
2015 $4,181 $72,580 $33,410 $39,170
2014 $4,181 $72,580 $33,410 $39,170
Source: Public Records

Agents Affiliated with this Home

  • Brennan Sharpe

    Seller's Agent in 2023

    Brennan Sharpe

    Steve Fineberg & Associates

    (479) 530-3774

    7 in this area

    66 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1177155

Northwest Arkansas Board of REALTORS®

APN: 03-01991-000

Arkansas Benton County Siloam Springs 72761

1.16 AC E Hwy 412, Siloam Springs, AR

This home is located at 1.16 AC E Hwy 412, Siloam Springs, AR 72761 since 11 March 2021 and is currently priced at $653,000. 1.16 AC E Hwy 412 is a home located in Benton County with nearby schools including Northside Elementary School, Southside Elementary School, and Delbert Pete & Pat Allen Elementary 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.

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