NOT LISTED FOR SALE

12804 Pearson Ranch Rd Prairie Grove, AR 72753

Estimated Value: $526,000 - $641,513

5 Acres
$120,234 Price per Acre
217,800 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $119,000

Est. 392% increase in value since last sale

Current estimated payment $3,342/month

12 Days on Market

Highlights

  • Home fronts a creek
  • Creek or Stream
  • Level Lot
  • 5 Acre Lot

About This Lot

As of August 2019

Beautiful mostly level 5 acres backing up to Illinois River! Located just West of Farmington and convenient to Wedington, HWY 62 (MLK), lake Wedington and more! Only 15 minutes to I-49. Great views all around and easy walk down to the river. Land recently passed perk test. Gravel driveway already in place. Deed Restrictions to include: single family home on permanent foundation only with minimum size of 1800 square feet.

Last Agent to Sell the Property

Blake Smith

Lindsey & Associates Inc License #EB00077630 Listed on: 07/18/2019

Lindsey & Associates Inc

Last Buyer's Agent

Sally Zelenka

Lindsey & Associates Inc License #EB00078376

Lindsey & Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,233

Lot Details

  • 5 Acre Lot
  • Home fronts a creek
  • Creek or Stream
  • Rural Setting
  • Level Lot
  • Cleared Lot

Utilities

  • Natural Gas Not Available
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$3,233

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.0
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: W on Wedington, L on Elkhorn Springs Rd., R on Goose Creek Rd., L on Pearson Ranch Rd., Land on L
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural, Residential

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Not In Subdivision, None, Rural Lot, Level, Stream/Creek
  • Topography: Level
  • Waterfront Features: Creek

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available, Electricity Available

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Aug 30, 2019
Sold by
Willcutt Daniel and Willcutt Jalynn
Bought by
Zelenka Daniel and Zelenka Sara
Seller's Agent
Blake Smith
Lindsey & Associates Inc
Buyer's Agent
Sally Zelenka
Lindsey & Associates Inc
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Current Estimated Value
$585,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,979
Avg. Annual Appreciation
30.08%
Original Mortgage
$89,250
Interest Rate
3.7%
Mortgage Type
Commercial
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
Zelenka Daniel $119,000 Realty Ttl & Closing Svcs Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zelenka Daniel $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $119,000 -4.7% --
07/31/2019 07/31/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $124,900 -- --
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 $3,233 $126,970 $39,200 $87,770
2024 $3,216 $126,970 $39,200 $87,770
2023 $3,237 $126,970 $39,200 $87,770
2022 $3,101 $80,640 $23,200 $57,440
2021 $3,076 $80,640 $23,200 $57,440
2020 $561 $23,200 $23,200 $0
2019 $514 $320 $320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1121513

Northwest Arkansas Board of REALTORS®

APN: 001-12374-003