NOT LISTED FOR SALE

Estimated Value: $286,000 - $507,600

9.61 Acres
$38,309 Price per Acre
418,612 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $500,000 $295 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $2,062/month

45 Days on Market

About This Lot

As of April 2024

ATTENTION DEVELOPERS! 9.61 Acres of Prime Commercial or Residential located on Kanis Rd. The property has 334 feet of road frontage, with access to Teton Dr. in the Point West Subdivision at the rear. It is currently zoned R2, but several nearby sites have recently been approved for C3 and PCD zoning. Electricity is already available, with public water and sewer available at the front and rear of the property. The average daily traffic for this section of Kanis Rd is between 14,000 and 18,000 per day. The City of Little Rock has already confirmed that this section of Kanis Rd. will be widened in the near future. This property is being sold AS-IS. Please view available docs online for additional information. POF or PA Letter, and 5% Earnest Money required for all offers.***See Agent Remarks***

Last Agent to Sell the Property

Troy Shelton

Simpli HOM Listed on: 10/06/2023

Last Buyer's Agent

Scott Hurley

Arkansas Land & Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,218

Lot Details

  • 9.61 Acre Lot
  • Wooded Lot
  • Property is zoned R-2

Utilities

  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 44L0770400100

Property Details

Property Type

Land

Est. Annual Taxes

$4,218

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 10/06/2023
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Acreage
  • Zoning: R-2
  • Per Acre Price: 77003
  • Per Front Foot Price: 1.77
  • Sold Price Per Acre: 52029.14
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Elec-Municipal (+Entergy), Gas-Natural, Septic On Property

Lot Info

  • Estimated Lot Size: 9.61
  • Estimated Lot Size: 418612
  • Lot: Wooded, Not In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 44L0770400100

Tax Info

  • Annual Taxes: 4218.2
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Teton Llc
Bought by
Mayberry Jodean and Mayberry Megan Helene
Current Estimated Value
$368,150

Purchase Details

Listed on
Oct 6, 2023
Closed on
Apr 25, 2024
Sold by
Commissioner Of State Lands
Bought by
Teton Llc
Seller's Agent
Troy Shelton
Simpli HOM
Buyer's Agent
Scott Hurley
Arkansas Land & Realty, Inc.
List Price
$740,000
Sold Price
$500,000
Premium/Discount to List
-$240,000
-32.43%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.24%

Purchase Details

Closed on
Oct 7, 2008
Sold by
Lee Robert Hyatt
Bought by
Lee Mari Burns

Purchase Details

Closed on
Apr 22, 2008
Sold by
Lee Robert Hyatt
Bought by
Lee Mari Burns

Purchase Details

Closed on
Apr 22, 1984
Bought by
Lee Mari Burns
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
Mayberry Jodean -- American Abstract & Title
Mayberry Jodean -- American Abstract & Title
Teton Llc $9,667 None Listed On Document
Lee Mari Burns -- None Available
Lee Mari Burns -- None Available
Lee Mari Burns -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $500,000 -32.4% $295 / Sq Ft
10/06/2023 10/06/23 For Sale $740,000 -- $436 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,575 $22,506 $22,506 --
2024 $4,218 $60,260 $59,582 $678
2023 $4,218 $60,260 $59,582 $678
2022 $4,197 $61,974 $59,582 $2,392
2021 $3,842 $54,500 $53,820 $680
2020 $3,815 $54,500 $53,820 $680
2019 $3,815 $54,500 $53,820 $680
2018 $3,673 $54,500 $53,820 $680
2017 $3,367 $54,500 $53,820 $680
2016 $3,061 $43,730 $43,050 $680
2015 $3,065 $43,730 $43,050 $680
2014 $3,065 $43,200 $43,050 $150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23031902

Cooperative Arkansas REALTORS® MLS

APN: 44L-077-04-001-00