NOT LISTED FOR SALE

11171 Illinois Chapel Rd Prairie Grove, AR 72753

Estimated Value: $286,619

7.54 Acres
$38,013 Price per Acre
328,442 Sq Ft Lot

Last Sold August 17, 2021

Last sale price $214,900 $153 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,548/month

21 Days on Market

Highlights

  • 7.54 Acre Lot
  • Creek or Stream
  • Level Lot
  • Views

About This Lot

As of August 2021

Beautiful slice of heaven 6 minutes from the highway! This 7.54 acre tract is a gorgeous canvas for you to build your beautiful home on. It offers some hardwood, flat open fields, frontage to hickory creek, and many different beautiful building sites. This property offers a whole ecosystem designed for activities, fun, family, and friends. You can also build a beautiful horse ranch on this land or have a few cows. Take advantage of the septic system designed and in place on the property. This septic system was inspected by a registered sanitarian on March 1st.

Last Agent to Sell the Property

Taylor Baker

Equity Partners Realty License #SA00080482 Listed on: 06/26/2021

Last Buyer's Agent

Ka Kue

Concierge Realty NWA License #SA00078999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,027

Lot Details

  • 7.54 Acre Lot
  • Creek or Stream
  • Level Lot

Additional Features

  • Mobile Home Allowed
  • Septic Tank
  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$1,027

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.54
  • Road Frontage Type: Main Thoroughfare, Public Road, Shared
  • Directions: Head west on W Wilson St toward N Cato Springs Rd 0.1 mi Turn left onto AR-265 S/N Cato Springs Rd Continue to follow AR-265 S 2.7 mi Turn right onto Illinois Chapel Rd Destination will be on the left
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Mobile Home Allowed, Other, See Remarks, Level, Stream/Creek
  • Topography: Cleared,Level
  • View: Yes

Utilities

  • Sewer: Septic Tank

Schools

  • Junior High Dist: Greenland

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1027.0
  • Tax Block: n/a
  • Tax Lot: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Aug 16, 2021
Sold by
Cornett Samuel L and Cornett Rebecca J
Bought by
Pacheco Ruben
Seller's Agent
Taylor Baker
Equity Partners Realty
Buyer's Agent
Ka Kue
Concierge Realty NWA
List Price
$219,900
Sold Price
$214,900
Premium/Discount to List
-$5,000
-2.27%
Current Estimated Value
$286,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,719
Avg. Annual Appreciation
7.19%
Original Mortgage
$161,175
Outstanding Balance
$129,490
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$157,129

Purchase Details

Closed on
Apr 24, 1992
Bought by
Cornett Samuel L

Purchase Details

Closed on
Feb 14, 1986
Bought by
Cook Sherman Ray and Cook Connie

Purchase Details

Closed on
Jan 1, 1985
Bought by
Cook Sherman Ray and Cook
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
Pacheco Ruben $214,900 Kings River Title
Cornett Samuel L $33,000 --
Cook Sherman Ray -- --
Cook Sherman Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Ruben $161,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $214,900 -2.3% $153 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $219,900 -- $156 / Sq Ft
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 $351 $11,700 $11,500 $200
2023 $326 $11,700 $11,500 $200
2022 $297 $6,450 $6,250 $200
2021 $1,078 $23,570 $6,250 $17,320
2020 $992 $23,560 $6,240 $17,320
2019 $528 $18,540 $5,260 $13,280
2018 $553 $18,540 $5,260 $13,280
2017 $466 $18,540 $5,260 $13,280
2016 $482 $18,540 $5,260 $13,280
2015 $396 $18,540 $5,260 $13,280
2014 $348 $15,351 $3,410 $11,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1189143

Northwest Arkansas Board of REALTORS®

APN: 001-07910-000