NOT LISTED FOR SALE

12087 Jim Brooks Rd Farmington, AR 72730

Estimated Value: $507,000 - $1,011,206

3.14 Acres
$225,972 Price per Acre
136,778 Sq Ft Lot

Last Sold July 21, 2020

Last sale price $99,000

Est. 617% increase in value since last sale

Current estimated payment $4,386/month

42 Days on Market

About This Lot

As of July 2020

Very nice level lots in Farmington! Rural water tap available, paved road, one tract with a large pond. Great location, hard to find. No mobiles. 2,000 SF heated minimum. Other lots available. Agent owned

Last Agent to Sell the Property

Keith Marrs

Legend Realty Inc License #PB00052249 Listed on: 05/09/2020

Last Buyer's Agent

Melissa Peter

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00076309

Coldwell Banker Harris McHaney & Faucette-Rogers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,626

Lot Details

  • 3.14 Acre Lot
  • Level Lot

Utilities

  • Septic Needed

Community Details

  • Farmington Outlots 2008 Annex Subdivision

Listing and Financial Details

  • Tax Lot E

Property Details

Property Type

Land

Est. Annual Taxes

$7,626

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.14
  • Lot Size: 3.14 AC
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Farmington Outlots 2008 Annex
  • Directions: I-49 Exit 62, west on Hwy 62 thru Farmington, turn east on Clyde Carnes. Property on north side of the road. Watch for signs
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential

Exterior Features

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

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 0
  • Tax Lot: E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 21, 2020
Sold by
Eagle Holdings Llc
Bought by
Royall Kevin and Royall Jilie
Seller's Agent
Keith Marrs
Legend Realty Inc
Buyer's Agent
Melissa Peter
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$139,000
Sold Price
$99,000
Premium/Discount to List
-$40,000
-28.78%
Current Estimated Value
$709,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,552
Avg. Annual Appreciation
45.42%
Original Mortgage
$74,250
Outstanding Balance
$51,866
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$657,686
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
Royall Kevin $99,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royall Kevin $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2020 07/21/20 Sold $99,000 -28.8% --
06/21/2020 06/21/20 Pending -- -- --
05/09/2020 05/09/20 For Sale $139,000 -- --
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 $7,626 $180,400 $26,850 $153,550
2023 $7,333 $173,530 $26,850 $146,680
2022 $5,505 $108,880 $19,000 $89,880
2021 $1,026 $19,000 $19,000 $0
2020 $1,026 $19,000 $19,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Keith Marrs

    Legend Realty Inc

    (479) 466-6998

    55 in this area

    219 Total Sales

    Keith Marrs
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Peter

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 251-0285

    59 Total Sales

    Melissa Peter
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1146565

Northwest Arkansas Board of REALTORS®

APN: 760-03131-005

Arkansas Washington County Farmington 72730

12087 Jim Brooks Rd, Farmington, AR

This home is located at 12087 Jim Brooks Rd, Farmington, AR 72730 since 09 May 2020 and is currently estimated at $709,552. 12087 Jim Brooks Rd is a home located in Washington County with nearby schools including Prairie Grove Elementary School, Prairie Grove Middle School, and Prairie Grove Junior High 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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