NOT LISTED FOR SALE

1036 Ruscello Ave Tontitown, AR 72762

Estimated Value: $455,000 - $487,000

0.28 Acre
$1,681,486 Price per Acre
12,197 Sq Ft Lot

Last Sold April 10, 2019

Last sale price $46,000

Est. 924% increase in value since last sale

Current estimated payment $2,702/month

10 Days on Market

About This Lot

As of April 2019

Phase 1 of 3 in Tontitown's new subdivision south of 412W. Enjoy large lots with 80' frontage with lot depth ranging 120' to 136'. Select remaining lots. Call agent to check status. 1750 sq.ft. minimum, most building 2100-2200 sq.ft. 80% brick, 20% hard plank or real stone. $46,900 for 5 lots or more.

Last Agent to Sell the Property

Tom Joseph

The Griffin Company Commercial Division-Springdale License #SA44924-D01 Listed on: 02/28/2019

The Griffin Company Commercial Division-Springdale

Last Buyer's Agent

Tommy Byrd

Handcraft Construction & Real Estate License #PB00057100

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,316

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot
  • Cleared Lot

HOA Fees

  • $13 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Not Connected to Sewer

Community Details

  • Association fees include ground maintenance, maintenance structure
  • South Pointe Ph I Subdivision

Listing and Financial Details

  • Tax Lot 14

Property Details

Property Type

Land

Est. Annual Taxes

$2,316

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.28
  • Road Frontage Type: Public Road
  • Subdivision Name: South Pointe Ph I
  • Directions: 412W and South 1 mile on Pianalto Rd, left 1/4 mile on Wildcat Creek Rd. and Bausinger Rd. south on Bausinger Rd.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

  • Electric: Underground
  • Electricity On Property: Yes
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: .
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Handcraft Constrution Inc
Bought by
Bull Mark A and Bull Lyndel E
Current Estimated Value
$470,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Outstanding Balance
$195,231
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$275,585

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 27, 2019
Sold by
Wagon Properties Llc
Bought by
Handcraft Construction Inc
Seller's Agent
Tom Joseph
The Griffin Company Commercial Division-Springdale
Buyer's Agent
Tommy Byrd
Handcraft Construction & Real Estate
List Price
$48,600
Sold Price
$46,000
Premium/Discount to List
-$2,600
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.26%
Original Mortgage
$217,600
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Bull Mark A $278,000 Realty Ttl & Closing Svcs Ll
Handcraft Construction Inc $46,000 Realty Ttl & Closing Svcs Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bull Mark A $222,400
Previous Owner Handcraft Construction Inc $217,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $46,000 -5.3% --
03/11/2019 03/11/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $48,600 -- --
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 $2,316 $88,460 $16,000 $72,460
2023 $2,460 $88,460 $16,000 $72,460
2022 $2,437 $55,680 $9,000 $46,680
2021 $2,437 $55,680 $9,000 $46,680
2020 $2,431 $55,680 $9,000 $46,680
2019 $442 $8,750 $8,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1105386

Northwest Arkansas Board of REALTORS®

APN: 830-39118-000