NOT LISTED FOR SALE

12982 Highway 279 Hiwasse, AR 72739

Estimated Value: $333,000 - $606,490

3.71 Acres
$137,600 Price per Acre
161,608 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $638,000 $292 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,806/month

493 Days on Market

Highlights

  • Partially Wooded Lot
  • Corner Lot
  • Partially Fenced Property
  • Gravette Middle School Rated A-

About This Lot

As of April 2024

Corner lot located a mere 2 minutes off I49 Centerton exit w/ dual N/S highway for easy access to site. Hwy 279, I49, Hwy 72 visible, 400' Frontage.Hwy 279 location will be prime spot on future 4- lane highway for road to XNA Airport. Take advantage of area growth from recent expansion Interstate. 8 minutes from neighboring Bentonville Arkansas. Ideal location for Convenience Store, Retail, Services, Storage, Nursery or Pottery business, Storage or Warehouse for Walmart Suppliers. Multiple uses. Septic and former farm well on site. Sewer approved Nov 2023.
Level open land, and being a corner on Hwy 279 and Hiwassee Crossing Road, ARDOT said good site for multiple curb cuts. Beautiful old, well maintained Red Barn, very charming, and nice stone-wrapped 3 bed/2 bath home can become part of business, or used as rental income or removed. Buildings sold as is. Additional buildings are a bonus for business use.

Last Agent to Sell the Property

Peggy Fowler

Keller Williams Market Pro Realty Branch Office License #SA00078898 Listed on: 10/11/2022

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Peggy Fowler

Keller Williams Market Pro Realty Branch Office License #SA00078898 Listed on: 10/11/2022

Keller Williams Market Pro Realty Branch Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $726

Lot Details

  • 3.71 Acre Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Wire Fence
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Home Design

  • Mixed Use

Location

  • Outside City Limits

Utilities

  • Propane
  • Well
  • Septic Tank

Community Details

  • 12 20 32 Gravette Subdivision

Listing and Financial Details

  • Legal Lot and Block / / /

Property Details

Property Type

Land

Est. Annual Taxes

$726

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.71
  • Road Frontage Type: Highway, Main Thoroughfare, Public Road
  • Subdivision Name: 12-20-32 Gravette
  • Directions: From Bentonville I 49 North, 5.8 Miles, Exit 99 for AR 72 Gravette. 0.3 Miles turn left on AR 72 East. 0.3 Miles right onto Highway 279 Frontage Road/Detour/ Hiwasse Crossing Road. 0.6 Miles property on left. Signs at gate turned into the Pasture land
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Mixed Use, Unimproved

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Cleared, Corner Lot, Not In Subdivision, Outside City Limits, Open Lot, Level
  • Topography: Cleared,Level,Rolling

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Propane, Electricity Available
  • Water Source: Public, Well

Schools

  • Junior High Dist: Gravette

Lot Info

  • Additional Parcels Description: 117399
  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 726.0
  • Tax Block: /
  • Tax Lot: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2004
Bought by
Sossamon
Current Estimated Value
$510,497

Purchase Details

Closed on
Jun 1, 1993
Bought by
Hurtt

Purchase Details

Closed on
Apr 15, 1993
Bought by
Smith

Purchase Details

Closed on
May 5, 1989
Bought by
Smith Tr
Source: Public Records

Range of Values:

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Average Value
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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
Sossamon $150,000 --
Hurtt $54,000 --
Smith -- --
Smith Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $638,000 -12.5% $292 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $729,000 +14.3% $334 / Sq Ft
02/05/2024 02/05/24 Off Market $638,000 -- --
11/06/2023 11/06/23 Price Changed $729,000 -5.9% $334 / Sq Ft
03/11/2023 03/11/23 Price Changed $775,000 -18.4% $355 / Sq Ft
10/11/2022 10/11/22 For Sale $950,000 -- $435 / Sq Ft
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 $1,058 $85,743 $41,552 $44,191
2023 $1,058 $46,880 $12,610 $34,270
2022 $736 $46,880 $12,610 $34,270
2021 $726 $46,880 $12,610 $34,270
2020 $737 $24,540 $6,680 $17,860
2019 $737 $24,540 $6,680 $17,860
2018 $762 $24,540 $6,680 $17,860
2017 $708 $24,540 $6,680 $17,860
2016 $708 $24,540 $6,680 $17,860
2015 $1,063 $24,120 $7,420 $16,700
2014 $713 $24,120 $7,420 $16,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1231132

Northwest Arkansas Board of REALTORS®

APN: 11-02126-000