NOT LISTED FOR SALE

159 Lakeview Ln Fairfield Bay, AR 72088

Estimated Value: $70,000 - $179,000

0.5 Acre
$214,348 Price per Acre
21,780 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $6,500

Est. 1,549% increase in value since last sale

Current estimated payment $623/month

58 Days on Market

Highlights

  • Marina
  • Resort Property
  • Tennis Courts
  • Golf Course Community
  • Community Pool
  • Picnic Area

About This Lot

As of June 2018

Property is approximately 450 yards from the entrance of Van Buren Recreational Area/Marina. This is two lots that have been re-platted into 1 lot that consists of approximately 1/2 acre with a 22'x24'' garage. There once was a home on the property that burned some years ago. There is still concrete foundation and drive but the debris has been hauled off. Electric, city water, and city sewage is available on the property. No mobile homes or temporary housing allowed per Bill of Assurance.

Last Agent to Sell the Property

Clint Skiver

Back Porch Realty Listed on: 04/07/2018

Last Buyer's Agent

Clint Skiver

Back Porch Realty Listed on: 04/07/2018

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Utilities

  • Co-Op Electric

Community Details

Overview

  • Resort Property
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Restrictions: Existing Survey, Deed Restrictions, Bill Of Assurance, Mobiles Not Allowed
  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 04/07/2018
  • Price Per Sq Ft: 13000
  • Road Surface: Paved
  • Street Designation: Lane
  • Third Party Exports: Daily Record
  • Type: Subdivision Lot
  • Price Per Acre: 20000
  • Sold Price Per Acre: 13000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op

Condo/Co-op/Association

  • Frequency: Monthly
  • Condo Association Fee: 46

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 150x140
  • Lot: Level, Resort Property, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Jun 15, 2018
Sold by
Nicholas James E and Nicholas Hayley Brooke
Bought by
Farr Stephen and Farr Julie
Seller's Agent
Clint Skiver
Back Porch Realty
Buyer's Agent
Clint Skiver
Back Porch Realty
List Price
$10,000
Sold Price
$6,500
Premium/Discount to List
-$3,500
-35%
Current Estimated Value
$107,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,674
Avg. Annual Appreciation
46.19%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Brown Edward R and Brown Helen B
Bought by
Nicholas James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
6.63%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2000
Bought by
Tate
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
Farr Stephen $6,500 Professional Land Title Comp
Nicholas James E $63,000 Ozark Title Services Inc
Nicholas James E $63,000 Ozark Title Services Inc
Tate $52,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholas James E $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $6,500 -35.0% --
06/04/2018 06/04/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $10,000 -- --
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
2024 $168 $3,510 $2,000 $1,510
2023 $168 $3,510 $2,000 $1,510
2022 $168 $3,510 $2,000 $1,510
2021 $168 $3,510 $2,000 $1,510
2020 $168 $3,510 $2,000 $1,510
2019 $168 $3,510 $2,000 $1,510
2018 $168 $3,510 $2,000 $1,510
2017 $166 $3,510 $2,000 $1,510
2015 -- $3,250 $2,000 $1,250
2014 -- $3,250 $2,000 $1,250
2013 -- $3,250 $2,000 $1,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18010579

Cooperative Arkansas REALTORS® MLS

APN: 4350-07040-0000