NOT LISTED FOR SALE

1407 River Meadows Rd Melbourne, AR 72556

Estimated Value: $164,000 - $945,371

316 Acres
$1,755 Price per Acre
13,764,960 Sq Ft Lot

Last Sold July 21, 2023

Last sale price $1,000,000

Est. 45% decrease in value since last sale

Current estimated payment $2,993/month

17 Days on Market

Highlights

  • River Front
  • Barn or Farm Building
  • Hunting
  • 316 Acre Lot
  • Wooded Lot
  • Pasture

About This Lot

As of July 2023

Hitting the market today is this INCREDIBLE 316 +/- Acre White River Frontage Property!! Yes, this property has about a half mile of White River Frontage!! This frontage has been cleared off and is ready for you to put your dream cabin on! This property sets just outside of Melbourne in a town called Boswell, off Highway 9. When you turn onto this road, you will come down a drive covered with trees, winding down and breathtaking. Then when you get to the end, it will open up to pasture that will be a fantastic view because you are then overlooking the White River! This property has a mixture of woods, an excellent cave for the adventurous person, lots of trails for ATVs or hiking, pasture for cattle or horses, and a barn with a well and electricity! Yes, with ELECTRICTY and WATER, you are ready to build that dream home!!! It would be a great place to build a forever home and overlook the White River, have your pasture for your livestock, woods for hunting, and the river for recreation! All of this wrapped up into one piece!

Last Agent to Sell the Property

Pamela Welch

Mossy Oak Properties Selling Arkansas Listed on: 06/20/2023

Last Buyer's Agent

Pamela Welch

Mossy Oak Properties Selling Arkansas Listed on: 06/20/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $600

Lot Details

  • 316 Acre Lot
  • River Front
  • Property fronts a county road
  • Rural Setting
  • Fenced
  • Level Lot
  • Wooded Lot

Farming

  • Barn or Farm Building
  • Timber
  • Pasture

Utilities

  • Well

Community Details

  • Hunting

Property Details

Property Type

Land

Est. Annual Taxes

$600

Lot Details

316 Acres

Listing Details

  • Class: Vacant Land
  • LVT Date: 06/21/2023
  • Road Surface: Gravel
  • Type: Acreage
  • Sold Price Per Acre: 3164.56
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Well-On Property

Lot Info

  • Estimated Lot Size: 316
  • Estimated Lot Size: 316
  • Lot: Sloped, Level, Rural Property, River Front, Wooded, Fenced, Pastureland, Timberland, Hunting/Recreation
  • Farm Ranch Features: Barns/Buildings
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jul 21, 2023
Sold by
Easley Rentals Llc
Bought by
Griffin Land & Timber Inc
Seller's Agent
Pamela Welch
Mossy Oak Properties Selling Arkansas
Buyer's Agent
Pamela Welch
Mossy Oak Properties Selling Arkansas
List Price
$2,000,000
Sold Price
$1,000,000
Premium/Discount to List
-$1,000,000
-50%
Views
28
Current Estimated Value
$554,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$445,314
Avg. Annual Appreciation
-19.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Griffin Land & Timber Inc $1,000,000 Cabot Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $1,000,000 -50.0% --
07/07/2023 07/07/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $2,000,000 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $350 $7,620 $4,350 $3,270
2024 $350 $7,620 $4,350 $3,270
2023 $350 $7,620 $4,350 $3,270
2022 $377 $7,620 $4,350 $3,270
2021 $446 $8,960 $5,690 $3,270
2020 $433 $9,430 $5,970 $3,460
2019 $467 $9,430 $5,970 $3,460
2018 $467 $9,430 $5,970 $3,460
2017 $433 $9,430 $5,970 $3,460
2016 $467 $9,430 $5,970 $3,460
2015 -- $9,770 $6,310 $3,460
2014 -- $6,310 $6,310 $0
2013 -- $6,310 $6,310 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23018843

Cooperative Arkansas REALTORS® MLS

APN: 001-06752-000

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