NOT LISTED FOR SALE

1201 SW Elm Tree Rd Bentonville, AR 72712

Estimated Value: $267,000 - $299,000

0.88 Acre
$324,515 Price per Acre
38,333 Sq Ft Lot

Last Sold October 18, 2021

Last sale price $165,000 $146 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,572/month

227 Days on Market

Highlights

  • 0.88 Acre Lot
  • Corner Lot
  • Partially Fenced Property
  • R.E. Baker Elementary School Rated A

About This Lot

As of October 2021

Nice double lot near hwy 102 on elm tree road, mixed use community, corner lot, small tenant house on property, rented to long term renter for $550 per mo, house is on septic, sewer available but expensive at highway 102, good level corner lot, side entry for development, zoned for 4-plex or two duplexes, could be approved for a shop or neighborhood office, etc, one lot has no structure, .88 acre, lots of street frontage, high visibility from highway 102. Broker owned and is the listing agent.

Last Agent to Sell the Property

Norma Farrer

A-1 Realty License #PB00030062 Listed on: 02/02/2021

Last Buyer's Agent

Norma Farrer

A-1 Realty License #PB00030062 Listed on: 02/02/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,050

Lot Details

  • 0.88 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Multi Family

Utilities

  • Septic Tank

Community Details

  • Jamesco Add Bentonville Subdivision

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$1,050

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.88
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Jamesco Add Bentonville
  • Directions: Hwy 102 west to elm tree road, right turn onto elm tree rd, first house on right, corner of elm tree and avondale
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Development

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Corner Lot, None, Level
  • Topography: Level

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1050.0
  • Tax Block: 00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Steele Development Inc
Bought by
Richard T Zarse Living Trust
Current Estimated Value
$285,573

Purchase Details

Closed on
Sep 9, 2004
Bought by
Farrer

Purchase Details

Closed on
Sep 1, 2004
Bought by
Farrer

Purchase Details

Closed on
Sep 3, 2003
Bought by
Kinne and Kinne

Purchase Details

Closed on
Apr 19, 2000
Bought by
Hannusch

Purchase Details

Closed on
Aug 27, 1998
Bought by
Dod 08-27-1998

Purchase Details

Closed on
Jun 17, 1997
Bought by
Gullette

Purchase Details

Closed on
Oct 20, 1993
Bought by
Gullette

Purchase Details

Closed on
Aug 21, 1992
Bought by
Dod 08-21-1992

Purchase Details

Closed on
Oct 14, 1991
Bought by
Garland
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
Richard T Zarse Living Trust $225,000 Realty Title
Farrer $85,000 --
Kinne $45,000 --
Hahn -- --
Farrer $85,000 --
Kinne $45,000 --
Hahn -- --
Kinne -- --
Hannusch -- --
Dod 08-27-1998 -- --
Gullette -- --
Gullette $47,000 --
Dod 08-21-1992 -- --
Garland -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $165,000 -17.5% $146 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $200,000 -- $177 / 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
2025 $923 $15,000 $15,000 --
2024 $1,568 $36,612 $15,000 $21,612
2023 $1,426 $23,070 $9,400 $13,670
2022 $1,460 $23,070 $9,400 $13,670
2021 $1,144 $23,070 $9,400 $13,670
2020 $1,050 $16,480 $5,600 $10,880
2019 $1,050 $16,480 $5,600 $10,880
2018 $1,050 $16,480 $5,600 $10,880
2017 $951 $16,480 $5,600 $10,880
2016 $951 $16,480 $5,600 $10,880
2015 $866 $14,020 $4,600 $9,420
2014 $866 $14,020 $4,600 $9,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1172273

Northwest Arkansas Board of REALTORS®

APN: 01-07491-000