NOT LISTED FOR SALE

1 Leicester Dr Bella Vista, AR 72714

Estimated Value: $272,000 - $293,486

0.27 Acre
$1,059,711 Price per Acre
11,761 Sq Ft Lot

Last Sold August 05, 2022

Last sale price $7,000

Est. 3,987% increase in value since last sale

Current estimated payment $1,684/month

92 Days on Market

Highlights

  • Community Lake
  • Wooded Lot
  • Trails
  • Cooper Elementary School Rated A

About This Lot

As of August 2022

Imagine building your home on this beautiful, gently sloping lot. Mountain bikers will love this location as it is a quick-peddle to the Flo Ride and Back 40 Loop trails. And, with proximity to Lake Ann, you are really able to enjoy the Bella Vista experience! A short 5-minute drive brings you to the Hwy 71 corridor and access to what the rest of Bella Vista and Bentonville have to offer. Take advantage of this opportunity to own property in a growing and thriving area of Northwest Arkansas.

Last Agent to Sell the Property

Kevin Kiehn

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #SA00091415 Listed on: 04/04/2022

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Last Buyer's Agent

Betty Bomar

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #EB00085648

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,883

Lot Details

  • 0.27 Acre Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Location

  • City Lot

Utilities

  • Natural Gas Not Available
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 55 / 1

Community Details

Overview

  • Association fees include management
  • Leicester Sub Bvv Subdivision
  • Community Lake

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,883

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Water Body Name: Lake Ann
  • Subdivision Name: Leicester Sub Bvv
  • Directions: From Hwy 71N, take Exit 98 on AR 340/Lancashire Blvd, and head East/right for 2 miles. Turn Right onto Leicester Drive. Destination will be on the right.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Neighborhood, None, Subdivision, Sloped, Wooded
  • Topography: Sloping

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths
  • Association Fee: 16.0
  • Association Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 38.0
  • Tax Block: 1
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Mcfarland Thomas John and Mcfarland Elena
Bought by
Montgomery Michael R and Montgomery Teresa
Current Estimated Value
$286,122

Purchase Details

Closed on
Aug 18, 2021
Sold by
Matthews Blake and Matthews Chelsea
Bought by
Mcfarland Thomas John

Purchase Details

Closed on
Oct 12, 2018
Sold by
Rickerson Kevin A and White Nichole D
Bought by
Matthews Blake and Matthews Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Bittle Bobby J and Bittle Brecca
Bought by
Rickerson Kevin A and White Nichole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,386
Interest Rate
4.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2012
Sold by
Williams Paul
Bought by
Bittle Bobby J and Lathan Richard

Purchase Details

Closed on
Oct 19, 1993
Bought by
Williams Wayne H

Purchase Details

Closed on
Oct 15, 1993
Bought by
Wilson Trust

Purchase Details

Closed on
Jun 27, 1990
Bought by
Wilson Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montgomery Michael R $235,000 --
Mcfarland Thomas John $180,000 None Listed On Document
Matthews Blake $135,000 Mercury Title Llc
Rickerson Kevin A $94,000 Waco Title Company
Bittle Bobby J $36,000 None Available
Williams Wayne H $67,000 --
Wilson Trust -- --
Wilson Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Blake $210,000
Previous Owner Rickerson Kevin A $87,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2022 08/05/22 Sold $7,000 -12.5% --
07/06/2022 07/06/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $8,000 -- --
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
2025 $1,883 $47,902 $1,600 $46,302
2024 $1,780 $47,902 $1,600 $46,302
2023 $1,695 $27,650 $800 $26,850
2022 $1,698 $26,830 $800 $26,030
2021 $1,360 $26,830 $800 $26,030
2020 $1,248 $19,590 $600 $18,990
2019 $1,248 $19,590 $600 $18,990
2018 $898 $19,590 $600 $18,990
2017 $898 $19,590 $600 $18,990
2016 $829 $19,590 $600 $18,990
2015 $1,104 $18,310 $1,000 $17,310
2014 $754 $18,310 $1,000 $17,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1214384

Northwest Arkansas Board of REALTORS®

APN: 16-19099-000