NOT LISTED FOR SALE

1387 E Main St Gentry, AR 72734

Estimated Value: $286,000

9.05 Acres
$31,602 Price per Acre
394,218 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $250,000

Est. 14% increase in value since last sale

Current estimated payment $1,662/month

137 Days on Market

About This Lot

As of November 2021

Acreage available with frontage on E Main Street in the heart of Gentry. Development potential. House on property sold AS-IS. Rapidly growing area close to the Northwest Arkansas National Airport and a 20 minute drive to Bentonville.
Excellent development potential. 6in water main down N Robin Rd. Sewer off site. 652' of frontage on E Main Street. Close to retail & restaurants as well as residential.

Last Agent to Sell the Property

Ashley Cox

Steve Fineberg & Associates License #SA00084522 Listed on: 05/28/2021

Last Buyer's Agent

Kacie Roth

Homescape Realty License #PB00086534

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,462

Lot Details

  • 9.05 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Community Details

  • Hornbeck Heights Add Gentry Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 19,20/

Property Details

Property Type

Land

Est. Annual Taxes

$1,462

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 9.05
  • Road Frontage Type: Main Thoroughfare, Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Hornbeck Heights Add Gentry
  • Directions: From Hwy 412, N on Hwy 59. East on E Main St, property is located at the SE corner of N Robin Rd & E Main St.
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Level, Neighborhood, Open Lot, Other, See Remarks
  • Topography: Cleared,Other,See Remarks

Utilities

  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Community Features: Suburban

Schools

  • Junior High Dist: Gentry

Lot Info

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

Tax Info

  • Tax Annual Amount: 1462.0
  • Tax Block: 19,20/
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
D R Horton Inc
Bought by
Cerros Socorro L and Brown James Grant
Current Estimated Value
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$240,409
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Listed on
May 28, 2021
Closed on
Nov 12, 2021
Sold by
Switzer Doug and Switzer Brenda
Bought by
Southern Comfort Investments Llc
Seller's Agent
Ashley Cox
Steve Fineberg & Associates
Buyer's Agent
Kacie Roth
Homescape Realty
List Price
$2,500,000
Sold Price
$250,000
Premium/Discount to List
-$2,250,000
-90%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 6, 2014
Bought by
Dod 9 and Dod 6

Purchase Details

Closed on
Feb 4, 1977
Bought by
Switzer
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
Cerros Socorro L $247,000 None Listed On Document
Southern Comfort Investments Llc -- Waco Title
Dod 9 -- --
Switzer $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerros Socorro L $247,000
Previous Owner Southern Comfort Investments L $1,052,405
Previous Owner Southern Comfort Investments Llc $200,000
Previous Owner Switzer Daniel $40,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $250,000 -90.0% --
10/13/2021 10/13/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $2,500,000 -- --
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
2023 $1,251 $22,625 $22,625 $0
2022 $2,325 $39,880 $22,620 $17,260
2021 $1,602 $39,880 $22,620 $17,260
2020 $1,462 $25,040 $11,400 $13,640
2019 $1,462 $25,040 $11,400 $13,640
2018 $1,462 $25,040 $11,400 $13,640
2017 $1,296 $25,040 $11,400 $13,640
2016 $1,296 $25,040 $11,400 $13,640
2015 $1,115 $22,750 $10,860 $11,890
2014 $664 $22,750 $10,860 $11,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1185724

Northwest Arkansas Board of REALTORS®

APN: 10-00658-000