NOT LISTED FOR SALE

1 Munster Dr Bella Vista, AR 72715

Estimated Value: $287,552 - $324,000

0.51 Acre
$593,408 Price per Acre
22,216 Sq Ft Lot

Last Sold January 24, 2022

Last sale price $18,500

Est. 1,536% increase in value since last sale

Current estimated payment $1,753/month

28 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Level Lot
  • Cooper Elementary School Rated A
  • Trails

About This Lot

As of January 2022

Vacation all year with all the amenities of swimming pools, workout facilities, golf, Tennis, bike Back-40 trails, shooting range, and restaurants. This is a beautiful area in a well-established neighborhood and an over-sized large half-acre corner lot. A few feet up and it's perfectly flat for like 1/4 acre, which is plenty to build an elevated super nice house. Only about two miles/three minutes from 71-B (Bella Vista Drive). This particular lot has a unique location since it's entirely surrounded by Bella Vista Community Land, which in a way makes it 1.62 acres. Additionally, all land outside all directions is also Bella Vista Community land, which means you would never have neighbors in any direction adjacent to your home! All corners are marked with purple flagging for your convenience.

Last Agent to Sell the Property

Manuel Cervantes

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00080647 Listed on: 11/26/2021

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

The Limbird Team

Limbird Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,666

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Utilities

  • Natural Gas Not Available
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block ALL 1 / 1

Community Details

Overview

  • Association fees include management
  • Armitage Sub Bvv Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,666

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.51
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Armitage Sub Bvv
  • Directions: Hwy 71 North, Exit 98, West on Lancashire to Right on Camden to Munster on the Right. First lot on Right.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Level, None, Sloped, Wooded
  • Topography: Rolling
  • Waterfront Features: None

Utilities

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

Condo/Co-op/Association

  • Community Features: 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: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 29.0
  • Tax Block: 1
  • Tax Lot: ALL 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2007
Sold by
Rostamo Craig A and Shaffer Cheryl L
Bought by
Mcgaugh Mark E and Mcgaugh Barbara L
Current Estimated Value
$302,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,050
Outstanding Balance
$73,402
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$229,236

Purchase Details

Closed on
Mar 8, 1990
Bought by
Rostamo Tr

Purchase Details

Closed on
Dec 31, 1976
Bought by
Rostamo
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
Mcgaugh Mark E $117,000 None Available
Rostamo Tr -- --
Rostamo $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgaugh Mark E $116,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $18,500 -15.5% --
12/25/2021 12/25/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $21,900 -- --
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
2025 $1,666 $59,378 $1,600 $57,778
2024 $1,649 $59,378 $1,600 $57,778
2023 $1,806 $39,100 $800 $38,300
2022 $1,408 $39,100 $800 $38,300
2021 $1,323 $39,100 $800 $38,300
2020 $1,257 $25,620 $600 $25,020
2019 $1,257 $25,620 $600 $25,020
2018 $1,282 $25,620 $600 $25,020
2017 $1,105 $25,620 $600 $25,020
2016 $1,105 $25,620 $600 $25,020
2015 $1,363 $22,600 $1,000 $21,600
2014 $1,013 $22,600 $1,000 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1204012

Northwest Arkansas Board of REALTORS®

APN: 16-28118-000