$28,000
SOLD FEB 2, 2024

131 Hobbs Rd Avoca, AR 72756

1.15 Acres
$24,348 Price per Acre
50,094 Sq Ft Lot

Recently Sold

32% Below List Price

93 Days on Market

Highlights

  • 1.15 Acre Lot
  • Corner Lot
  • Property is Fully Fenced
  • Lingle Middle School Rated A-

About This Lot

As of September 2024

This lot is conveniently located! Corner lot, close to main roads, minutes away from Downtown Rogers. Zoning has to be verified by buyer. Per perc test only light commercial.

Last Agent to Sell the Property

Denise Contreras-Serrano

DC Real Estate License #AB00080926 Listed on: 10/16/2023

Last Buyer's Agent

Whitney Jackson

McGraw Realtors License #SA00091278

McGraw Realtors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $127

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 178x276x185x273
  • Property is Fully Fenced
  • Wire Fence
  • Corner Lot
  • Level Lot

Location

  • Outside City Limits

Utilities

  • Propane
  • Septic Needed

Community Details

  • Strodes Place Add Avoca Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$127

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.15
  • Lot Size: 178x276x185x273
  • Road Frontage Type: Public Road
  • Subdivision Name: Strodes Place Add Avoca
  • Directions: Head northeast on S Hwy 62 toward E Tucks Chapel Rd, Turn right onto Tucks Chapel Rd, turn left at the 1st cross street onto Old Wire Rd, Turn right onto Hobbs Rd, property is on the right side.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial

Exterior Features

  • Fencing: Full, Wire
  • Lot Features: Corner Lot, Neighborhood, None, Outside City Limits, Subdivision, Level
  • Topography: Level

Utilities

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

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning Description: Other
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 127.0
  • Tax Block: 1
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Sep 3, 2024
Sold by
Moore Joshua
Bought by
Serrano Jose D
Seller's Agent
Michelle Brock
Collier & Associates- Rogers Branch
Buyer's Agent
Michelle Brock
Collier & Associates- Rogers Branch
List Price
$60,000
Sold Price
$45,000
Premium/Discount to List
-$15,000
-25%
Current Estimated Value
$63,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,216
Avg. Annual Appreciation
47.14%
Original Mortgage
$38,250
Outstanding Balance
$37,519
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$25,697

Purchase Details

Listed on
Oct 16, 2023
Closed on
Feb 2, 2024
Sold by
Esparza Jesus T and Esparza Alma
Bought by
Moore Joshua
Seller's Agent
Denise Contreras-Serrano
DC Real Estate
Buyer's Agent
Whitney Jackson
McGraw Realtors
List Price
$41,000
Sold Price
$28,000
Premium/Discount to List
-$13,000
-31.71%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
123.48%
Original Mortgage
$22,400
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Miller Franklin and Miller Nadine
Bought by
Esparza Jesus T and Martinez Alma

Purchase Details

Closed on
Jul 28, 2003
Bought by
Esparza

Purchase Details

Closed on
Sep 20, 2002
Bought by
Miller

Purchase Details

Closed on
Jan 14, 1998
Bought by
Miller
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $45,000 Apex Title
Warranty Deed $28,000 Best Title
Warranty Deed $11,000 None Available
Certificate Of Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $38,250 New Conventional
Previous Owner $22,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $45,000 -25.0% --
08/03/2024 08/03/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $60,000 +114.3% --
02/02/2024 02/02/24 Sold $28,000 -31.7% --
01/17/2024 01/17/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $41,000 0.0% --
11/02/2023 11/02/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $41,000 -- --
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 $130 $11,500 $11,500 $0
2023 $118 $4,370 $4,370 $0
2022 $117 $4,370 $4,370 $0
2021 $107 $4,370 $4,370 $0
2020 $97 $1,720 $1,720 $0
2019 $92 $1,720 $1,720 $0
2018 $85 $1,720 $1,720 $0
2017 $67 $1,720 $1,720 $0
2016 $67 $1,720 $1,720 $0
2015 $61 $1,150 $1,150 $0
2014 $61 $1,150 $1,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1258798

Northwest Arkansas Board of REALTORS®

APN: 04-00205-000