NOT LISTED FOR SALE

12940 Rocky Hill Rd Prairie Grove, AR 72753

Estimated Value: $295,075

6.89 Acres
$42,827 Price per Acre
300,128 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $277,000

Est. 7% increase in value since last sale

Current estimated payment $1,632/month

About This Lot

As of October 2023

6.9 Acres on top of a picturesque Ozark Mountain with a great rustic barn. There are many options. Use as is, expand on the existing space, remodel into a home or build your dream home on one of the many available spots. The property has been used for a wedding venue, parties, get togethers and more. There is over 4,000+ SF of usable space. This charming property provides the ideal back drop for these events. Featuring a full kitchen w/bar, 3 half baths, (no bedrooms), large hosting area, heated and cooled 240 SF bridal suite, corrals and more! The event area has a projector to showcase anything you would like. The property runs on a well with numerous frost-free taps around the place. City water is already run to the barn but is using the well at the moment.

Last Agent to Sell the Property

Matthew Jones

Legend Realty Inc License #EB00083774 Listed on: 09/08/2023

Co-Listed By

Bob Daugherty

Legend Realty Inc License #EB00053506

Last Buyer's Agent

Matthew Jones

Legend Realty Inc License #EB00083774 Listed on: 09/08/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $277

Lot Details

  • 6.89 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Wire Fence
  • Open Lot
  • Landscaped with Trees

Home Design

  • Mixed Use

Mobile Home

  • Mobile Home Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$277

Lot Details

0

Listing Details

  • Property Sub Type: Mixed Use
  • Prop. Type: Land
  • Lot Size Acres: 6.89
  • Lot Size: 6.89 AC
  • Road Frontage Type: County Road
  • Road Surface Type: Dirt
  • Co List Office Mls Id: 4056
  • Co List Office Phone: 479-267-5911
  • Subdivision Name: N/A
  • Directions: I-49, Exit Hwy 62, west on 62 for 10.6 miles, left onto S Mock St/Hogeye Rd, south for 1.5 miles, right onto Prairie Grove Lake Rd, west for .6 miles, then left on Rocky Hill Rd, south on Rocky Hill Rd .7 miles, property is on the Left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Mixed Use
  • Special Features: None

Exterior Features

  • Fencing: Wire
  • Lot Features: Hardwood Trees, Landscaped, Mobile Home Allowed, Not In Subdivision, None, Open Lot, Other, See Remarks
  • Topography: Other,See Remarks
  • Waterfront Features: None

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 277.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 6, 2023
Sold by
Oxford Jacob N
Bought by
Selph Lance Q and Selph Misti D
Seller's Agent
Matthew Jones
Legend Realty Inc
Buyer's Agent
Matthew Jones
Legend Realty Inc
List Price
$300,000
Sold Price
$277,000
Premium/Discount to List
-$23,000
-7.67%
Current Estimated Value
$295,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,075
Avg. Annual Appreciation
3.33%
Original Mortgage
$238,491
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 9, 2023
Sold by
Oxford Lacey D
Bought by
Oxford Jacob N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.42%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Villines Terry L and Villines Karen L
Bought by
Oxford Jacob N and Oxford Lacey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,935
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Roche John Paxton and The June E Roche Trust
Bought by
Villines Terry L and Villines Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,890
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1996
Bought by
Roche June E Trust June E Roche and Roche Ttee

Purchase Details

Closed on
Sep 6, 1995
Bought by
Roche June E

Purchase Details

Closed on
Jan 1, 1985
Bought by
Roche James and Roche June E
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
Selph Lance Q $277,000 Lenders Title Company
Oxford Jacob N -- --
Oxford Jacob N $76,000 Waco Title Co
Villines Terry L $30,000 Waco Title Company
Roche June E Trust June E Roche -- --
Roche June E -- --
Roche James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Selph Lance Q $238,491
Previous Owner Oxford Jacob N $35,000
Previous Owner Oxford Jacob N $79,935
Previous Owner Villines Terry $53,500
Previous Owner Villines Terry L $32,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $277,000 -7.7% --
09/08/2023 09/08/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $300,000 -- --
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 $444 $9,340 $9,140 $200
2023 $277 $9,340 $9,140 $200
2022 $252 $5,140 $4,940 $200
2021 $252 $5,140 $4,940 $200
2020 $233 $5,140 $4,940 $200
2019 $214 $4,330 $4,130 $200
2018 $214 $4,330 $4,130 $200
2017 $212 $4,330 $4,130 $200
2016 $212 $4,330 $4,130 $200
2015 $212 $4,330 $4,130 $200
2014 $211 $4,310 $4,110 $200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1255916

Northwest Arkansas Board of REALTORS®

APN: 001-08223-000