NOT LISTED FOR SALE

1507 Jones Ln Pea Ridge, AR 72751

Estimated Value: $261,000 - $278,000

0.25 Acre
$1,077,644 Price per Acre
10,890 Sq Ft Lot

Last Sold April 10, 2019

Last sale price $20,000

Est. 1,247% increase in value since last sale

Current estimated payment $1,556/month

206 Days on Market

About This Lot

As of April 2019

A level lot very close to Pea Ridge Schools, there's a mobile home al the property is not livable.

Last Agent to Sell the Property

Mg Realty Group

Keller Williams Market Pro Realty Branch Office Listed on: 08/16/2018

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Mg Realty Group

Keller Williams Market Pro Realty Branch Office Listed on: 08/16/2018

Keller Williams Market Pro Realty Branch Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $153

Lot Details

  • 0.25 Acre Lot
  • Property fronts a county road
  • Level Lot

Additional Features

  • Mobile Home Allowed
  • Septic Tank

Community Details

  • Pea Ridge Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$153

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Road Frontage Type: County Road
  • Subdivision Name: Pea Ridge
  • Directions: Take Exit 88 (I-49) heading to HWY 72 toward Pea Ridge left in Weston St, take a right on Green St, take a left on Jones St, the property is on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Mobile Home Allowed, None, Level
  • Topography: Level

Utilities

  • Sewer: Septic Tank

Schools

  • Junior High Dist: Pea Ridge

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 153.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2019
Sold by
White Michael and White Sarah
Bought by
Reut Jacob Alexander and Reut Donna Leslie
Current Estimated Value
$269,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,333
Outstanding Balance
$138,422
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$130,989

Purchase Details

Listed on
Aug 16, 2018
Closed on
Apr 4, 2019
Sold by
Munuz Magdalena
Bought by
White Michael and White Sarah
Seller's Agent
Mg Realty Group
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Mg Realty Group
Keller Williams Market Pro Realty Branch Office
List Price
$35,000
Sold Price
$20,000
Premium/Discount to List
-$15,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.83%
Original Mortgage
$116,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2011
Bought by
Fletcher Rodney F and Fletcher Dougla

Purchase Details

Closed on
Nov 7, 2011
Bought by
Fletcher Rodney F

Purchase Details

Closed on
May 19, 1997
Bought by
Fletcher R

Purchase Details

Closed on
Apr 16, 1984
Bought by
Dod 04-16-1984

Purchase Details

Closed on
Jul 17, 1978
Bought by
Fletcher

Purchase Details

Closed on
Jun 10, 1976
Bought by
Fletcher
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
Reut Jacob Alexander $156,750 Waco Title Company
White Michael $20,000 Pci Advance Title
Fletcher Rodney F -- --
Fletcher Rodney F -- --
Fletcher Rodney F -- --
Fletcher Rodney F -- --
Fletcher R $17,000 --
Dod 04-16-1984 -- --
Fletcher -- --
Fletcher -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reut Jacob Alexander $158,333
Previous Owner White Michael $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $20,000 -42.9% --
03/11/2019 03/11/19 Pending -- -- --
08/16/2018 08/16/18 For Sale $35,000 -- --
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 $1,585 $45,609 $10,000 $35,609
2024 $1,552 $45,609 $10,000 $35,609
2023 $1,478 $31,830 $3,800 $28,030
2022 $1,101 $31,830 $3,800 $28,030
2021 $1,021 $31,830 $3,800 $28,030
2020 $998 $22,590 $1,500 $21,090
2019 $163 $2,680 $1,500 $1,180
2018 $152 $2,680 $1,500 $1,180
2017 $0 $2,680 $1,500 $1,180
2016 $0 $2,680 $1,500 $1,180
2015 $134 $2,360 $1,070 $1,290
2014 $134 $2,360 $1,070 $1,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1088247

Northwest Arkansas Board of REALTORS®

APN: 13-00215-000