NOT LISTED FOR SALE

12599 Cutberth Ln Centerton, AR 72719

Estimated Value: $496,000 - $1,297,102

27.08 Acres
$28,629 Price per Acre
1,179,605 Sq Ft Lot

Last Sold August 12, 2022

Last sale price $1,118,000 $445 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $4,037/month

6 Days on Market

Highlights

  • 27.08 Acre Lot
  • Pond
  • Level Lot
  • Centerton Gamble Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of August 2022

Prime Development Opportunity! Located adjacent to Bentonville West High School. Surrounded by residential subdivisions. Frontage to what will soon be Wolverine Blvd. 2 ponds. Nice level land perfect for development. Will consider subdividing. Agent is related to seller. **Must have an agent present to view property.**

Last Agent to Sell the Property

Cathy Culpepper

Prestige Management & Realty License #EB00070419 Listed on: 10/29/2020

Last Buyer's Agent

Toby Crawford

Crawford Real Estate and Associates License #PB00063573

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $102

Lot Details

  • 27.08 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as Agricultural

Additional Features

  • Pond
  • City Lot
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$102

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 27.08
  • Road Frontage Type: Private Road, Shared
  • Road Surface Type: Paved
  • Directions: From Walton Blvd....take Hwy 72 West to Herbaugh Road. Left on Herbaugh. Left on Gamble. Right on Cutberth Lane. Land is at the end of the road.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural, Development, Pasture, Residential

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, None, Open Lot, Split Possible, Level, Pond
  • Topography: Level

Utilities

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

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 102.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Aug 11, 2022
Sold by
Elizabeth D Bynum 2000 Revocable Trust and Hyman Elizabeth B
Bought by
Anderson Custom Homes Llc
Seller's Agent
Cathy Culpepper
Prestige Management & Realty
Buyer's Agent
Toby Crawford
Crawford Real Estate and Associates
List Price
$1,199,000
Sold Price
$1,118,000
Premium/Discount to List
-$81,000
-6.76%
Current Estimated Value
$775,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,724
Avg. Annual Appreciation
-10.04%
Original Mortgage
$812,400
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 2014
Sold by
Revocab Hyman Elizabeth B
Bought by
Hyman Micahel S and Hyman Elizabeth D

Purchase Details

Closed on
May 21, 2012
Sold by
Fields Jeffrey A and Fields Cynthia M
Bought by
First National

Purchase Details

Closed on
Jul 18, 1996
Bought by
Fields

Purchase Details

Closed on
Oct 7, 1971
Bought by
Rowe
Source: Public Records
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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
Anderson Custom Homes Llc $1,118,000 None Listed On Document
Hyman Micahel S -- City Title & Closing Llc
First National $263,000 None Available
Fields $142,000 --
Rowe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Anderson Custom Homes Llc $812,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $1,118,000 -6.8% $445 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $1,199,000 +242.6% $477 / Sq Ft
01/01/2014 01/01/14 Sold $350,000 -22.2% $139 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $450,000 -- $179 / 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 $84 $1,382 $1,382 --
2024 $183 $2,969 $1,382 $1,587
2023 $180 $2,910 $1,320 $1,590
2022 $94 $2,910 $1,320 $1,590
2021 $86 $2,910 $1,320 $1,590
2020 $80 $1,550 $1,550 $0
2019 $102 $1,600 $1,600 $0
2018 $102 $1,600 $1,600 $0
2017 $2,446 $39,840 $9,410 $30,430
2016 $2,446 $39,840 $9,410 $30,430
2015 $2,266 $36,730 $3,280 $33,450
2014 $2,266 $36,940 $3,490 $33,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1164490

Northwest Arkansas Board of REALTORS®

APN: 06-00047-470