NOT LISTED FOR SALE

1201 W Monroe Ave Lowell, AR 72745

Estimated Value: $800,000

14.93 Acres
$53,583 Price per Acre
650,351 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $2,750,000 $1,181 Per Sq Ft

Current estimated payment $4,562/month

1,075 Days on Market

Highlights

  • 14.93 Acre Lot
  • Fairview Elementary School Rated A
  • Level Lot

About This Lot

As of December 2021

14.93 acres on Hwy 264 with 1019 ft of frontage. Where can you find a better place for your business? Can't be found. All utilities except sewer. Across the street from farm supply store. Owner will consider splitting property or a build to suit. No value given to home.

Last Agent to Sell the Property

Patsy Simmons

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00010463 Listed on: 12/14/2018

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Patsy Simmons

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00010463 Listed on: 12/14/2018

Coldwell Banker Harris McHaney & Faucette-Rogers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,986

Lot Details

  • 14.93 Acre Lot
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Property Details

Property Type

Land

Est. Annual Taxes

$1,986

Lot Details

14.93 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 14.93
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Directions: Hwy I-49 to Lowell exit 78, west on Monroe Ave or Hwy 264, 1/2 mile to property on south side of Hwy 264 or Monroe Ave.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Split Possible, Level
  • Topography: Level

Utilities

  • Water Source: Other, See Remarks

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 12-02609-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1986.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Dec 28, 2021
Sold by
Castor Family Revocable Living Trust and Castor Kyle D
Bought by
Randall Hinton Industrial Parkway Llc
Seller's Agent
Patsy Simmons
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Patsy Simmons
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$2,900,000
Sold Price
$2,750,000
Premium/Discount to List
-$150,000
-5.17%
Current Estimated Value
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,950,000
Avg. Annual Appreciation
-25.26%
Original Mortgage
$2,520,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 14, 2018
Closed on
Dec 23, 2021
Sold by
Castor Kyle D and Castor Judy K
Bought by
Randall Hinton Industrial Parkway Llc
Seller's Agent
Patsy Simmons
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Patsy Simmons
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$2,900,000
Sold Price
$2,750,000
Premium/Discount to List
-$150,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1994
Bought by
Castor Fam Tr

Purchase Details

Closed on
Dec 22, 1992
Bought by
Castor

Purchase Details

Closed on
Mar 17, 1987
Bought by
Behimer

Purchase Details

Closed on
Aug 20, 1986
Bought by
Dod 08-20-1986
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
Randall Hinton Industrial Parkway Llc $2,750,000 First National Title
Randall Hinton Industrial Parkway Llc $2,750,000 First National Title Company
Castor Fam Tr -- --
Castor -- --
Castor $90,000 --
Behimer $68,000 --
Dod 08-20-1986 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Randall Hinton Industrial Parkway Llc $2,520,000
Closed Randall Hinton Industrial Parkway Llc $2,520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $2,750,000 -5.2% $1,181 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
12/14/2018 12/14/18 For Sale $2,900,000 -- $1,246 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $4,243 $73,878 $73,878 --
2024 $5,096 $128,758 $73,878 $54,880
2023 $4,633 $87,078 $50,355 $36,723
2022 $5,077 $87,078 $50,355 $36,723
2021 $1,986 $44,120 $7,400 $36,720
2020 $1,809 $31,090 $5,000 $26,090
2019 $1,763 $31,090 $5,000 $26,090
2018 $1,763 $31,090 $5,000 $26,090
2017 $1,654 $31,090 $5,000 $26,090
2016 $1,654 $31,090 $5,000 $26,090
2015 $1,507 $28,330 $3,000 $25,330
2014 $1,507 $28,330 $3,000 $25,330
Source: Public Records

Agents Affiliated with this Home

  • Patsy Simmons

    Seller's Agent in 2021

    Patsy Simmons

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 636-1400

    2 in this area

    72 Total Sales

    Patsy Simmons
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1209188

Northwest Arkansas Board of REALTORS®

APN: 12-02608-000

Arkansas Benton County Lowell 72745

1201 W Monroe Ave, Lowell, AR

Not Listed for Sale

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