NOT LISTED FOR SALE

11501 Leonard Rd Gravette, AR 72736

Estimated Value: $107,000 - $115,000

8 Acres
$14,167 Price per Acre
338,026 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $100,000

Est. 11% increase in value since last sale

Current estimated payment $708/month

112 Days on Market

Highlights

  • Partially Fenced Property
  • Gravette Middle School Rated A-
  • Level Lot

About This Lot

As of October 2023

Build your dream home on this private setting with almost 8 acres of beautiful land with lush grass and mature trees. Plenty of trees would surround your home for privacy from the many places you could choose to build on this property. Property is ready for your home, your families home or a small development. Country setting, but close enough to town to get to the grocery store quickly for that last minute dinner ingredient. Horses are right across the street, so you would have these gentle giants to wake up to every morning. Water and electric on-site as well as old septic from previous home that burned down. All remnants of previous home will be removed prior to close.

Last Agent to Sell the Property

Ryan Hill

The Virtual Realty Group License #PB00061501 Listed on: 06/12/2023

Last Buyer's Agent

Jeff Pfeifer

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #SA00077900

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $254

Lot Details

  • 7.76 Acre Lot
  • Dirt Road
  • Partially Fenced Property
  • Level Lot

Additional Features

  • Mobile Home Allowed
  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.76
  • Road Frontage Type: Public Road
  • Road Surface Type: Dirt
  • Directions: Map 11501 Leonard Rd. Gravette, AR 72736. I have two signs on the fence.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Mobile Home Allowed, None, Other, See Remarks, Level
  • Topography: Level,Other,See Remarks

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 254.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Nov 2, 2023
Sold by
Dozier Ray and Dozier Anna
Bought by
Vargas Daniel
Seller's Agent
Ryan Hill
The Virtual Realty Group
Buyer's Agent
Jeff Pfeifer
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Views
313
Current Estimated Value
$110,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,694
Avg. Annual Appreciation
8.71%
Original Mortgage
$85,000
Outstanding Balance
$81,979
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$33,942

Purchase Details

Closed on
Jun 17, 2020
Sold by
Sharp Mackie
Bought by
Dozier Anthony and Dozier Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2018
Sold by
Poole Mackievera
Bought by
Sharp Markie

Purchase Details

Closed on
Jun 14, 1999
Bought by
Poole 3P

Purchase Details

Closed on
May 28, 1999
Bought by
Ford 32 Ac

Purchase Details

Closed on
Jun 30, 1997
Bought by
Poole 2P H

Purchase Details

Closed on
Sep 26, 1995
Bought by
Poole
Source: Public Records

Range of Values:

Collateral Analytics

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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
Vargas Daniel $100,000 Realty Title
Dozier Anthony $30,000 Mercury Title Llc
Sharp Markie -- None Available
Poole 3P -- --
Ford 32 Ac $27,000 --
Poole 2P H -- --
Poole $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Daniel $85,000
Previous Owner Dozier Anthony $24,000
Previous Owner Poole Huey L $17,850
Previous Owner Poole Huey L $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $100,000 -13.0% --
10/02/2023 10/02/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $115,000 -11.5% --
06/12/2023 06/12/23 For Sale $130,000 -- --
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 $1,155 $26,074 $26,074 $0
2023 $241 $5,430 $5,430 $0
2022 $254 $5,430 $5,430 $0
2021 $253 $5,430 $5,430 $0
2020 $312 $6,670 $6,670 $0
2019 $312 $6,670 $6,670 $0
2018 $312 $6,670 $6,670 $0
2017 $0 $7,990 $6,670 $1,320
2016 $0 $7,990 $6,670 $1,320
2015 $262 $5,910 $4,660 $1,250
2014 $261 $5,910 $4,660 $1,250
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hill

    Seller's Agent in 2023

    Ryan Hill

    The Virtual Realty Group

    (479) 422-2935

    257 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jeff Pfeifer

    Coldwell Banker Harris McHaney & Faucette-Bentonvi

    (417) 592-8542

    137 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1248402

Northwest Arkansas Board of REALTORS®

APN: 18-15149-002

Arkansas Benton County Gravette 72736

11501 Leonard Rd, Gravette, AR

This home is located at 11501 Leonard Rd, Gravette, AR 72736 since 12 June 2023 and is currently estimated at $109,937. 11501 Leonard Rd is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle 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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