NOT LISTED FOR SALE

1502 NW Hermanus St Bentonville, AR 72712

Estimated Value: $958,000 - $1,188,000

0.52 Acre
$2,062,242 Price per Acre
22,651 Sq Ft Lot

Last Sold July 08, 2020

Last sale price $61,000

Est. 1,658% increase in value since last sale

Current estimated payment $6,303/month

36 Days on Market

Highlights

  • 0.52 Acre Lot
  • Partially Wooded Lot
  • Trails
  • Thomas Jefferson Elementary School Rated A
  • Interior Lot

About This Lot

As of July 2020

Last lot in phase 1 available in Angel Falls! .52 acre wooded, quiet lot/basement buildable. Close to the Greenbelt, walking trails, and very private! Subdivision has play area and swimming pool!

Last Agent to Sell the Property

Scott Waymire

Berkshire Hathaway HomeServices Solutions Real Est License #PB00062073 Listed on: 05/02/2020

Berkshire Hathaway HomeServices Solutions Real Est

Last Buyer's Agent

Gerik Goncalves

Collier & Associates- Rogers Branch License #SA00080037

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $440

Lot Details

  • 0.52 Acre Lot
  • Interior Lot
  • Partially Wooded Lot

Listing and Financial Details

  • Tax Lot 39

Community Details

Overview

  • Angel Falls Add Ph 1 Bentonville Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$440

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • Subdivision Name: Angel Falls Add Ph 1 Bentonville
  • Directions: Walton Blvd. to NW 3rd St to right on Peach Orchard Rd to right into Angel Falls Sub., Left on NW Vermilian Ave. Left on NW Hermanus St
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Interior Lot, Neighborhood, None, Subdivision

Utilities

  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Community Features: Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 440.0
  • Tax Block: .
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jul 8, 2020
Sold by
Karro Dennis H and Karro Ann
Bought by
Klotz Michael and Klotz Andrea
Seller's Agent
Scott Waymire
Berkshire Hathaway HomeServices Solutions Real Est
Buyer's Agent
Gerik Goncalves
Collier & Associates- Rogers Branch
List Price
$89,000
Sold Price
$61,000
Premium/Discount to List
-$28,000
-31.46%
Current Estimated Value
$1,072,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,366
Avg. Annual Appreciation
70.55%

Purchase Details

Closed on
Dec 23, 2013
Sold by
Landmarc Custom Homes Llc
Bought by
Karro Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Klotz Michael $61,000 First National Title Company
Karro Dennis $30,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karro Dennis $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $61,000 -31.5% --
06/08/2020 06/08/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $89,000 -- --
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
2025 $7,809 $182,876 $17,000 $165,876
2024 $7,488 $182,876 $17,000 $165,876
2023 $7,132 $115,399 $15,000 $100,399
2022 $950 $15,000 $15,000 $0
2021 $946 $15,000 $15,000 $0
2020 $478 $12,200 $12,200 $0
2019 $459 $12,200 $12,200 $0
2018 $440 $12,200 $12,200 $0
2017 $389 $12,200 $12,200 $0
2016 $389 $12,200 $12,200 $0
2015 $371 $6,000 $6,000 $0
2014 $371 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Waymire

    Seller's Agent in 2020

    Scott Waymire

    Berkshire Hathaway HomeServices Solutions Real Est

    (479) 659-2261

    47 in this area

    152 Total Sales

    Scott Waymire
    Section Image
  • Gerik Goncalves

    Buyer's Agent in 2020

    Gerik Goncalves

    Collier & Associates- Rogers Branch

    (479) 310-5521

    1 in this area

    60 Total Sales

    Gerik Goncalves
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1146000

Northwest Arkansas Board of REALTORS®

APN: 01-16380-000

Arkansas Benton County Bentonville 72712

1502 NW Hermanus St, Bentonville, AR

Not Listed for Sale

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