NOT LISTED FOR SALE

16120 Chicot Rd Mabelvale, AR 72103

Estimated Value: $172,000 - $397,000

34.5 Acres
$9,704 Price per Acre
1,502,820 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $265,000 $402 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,805/month

62 Days on Market

Highlights

  • 34.5 Acre Lot
  • Wooded Lot
  • Level Lot
  • Pond
  • Livestock

About This Lot

As of June 2019

33.50 acres of Lovely partially cleared acreage in Mabelvale, close to Alexander/Shannon Hills, with mature pine and hardwood trees. Fantastic home sites with view of 12+/- acre pond that is fully stocked. Good frontage on Chicot Road. Charming cabin is a Plus, approx 660 sq ft!!!! Walking trails are cleared and marked for your convenience around the property. See Showing Remarks.

Last Agent to Sell the Property

Lolly Honea

Keller Williams Realty Listed on: 04/13/2019

Keller Williams Realty

Co-Listed By

Michelle Honea

Keller Williams Realty

Last Buyer's Agent

Kenny Prince

Truman Ball Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $469

Lot Details

  • 34.5 Acre Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Well
  • Perc Approved Septic

Additional Features

  • Pond
  • Livestock

Property Details

Property Type

Land

Est. Annual Taxes

$469

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Any Builder
  • Class: Vacant Land
  • LVT Date: 04/13/2019
  • Price Per Sq Ft: 7681.16
  • Road Surface: Gravel
  • Type: Acreage
  • Zoning Type: Single Family
  • Price Per Acre: 8086.96
  • Sold Price Per Acre: 7681.16
  • Transportation: Near Interstate
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Water-Public, Well-On Property, Elec-Municipal (+Entergy)

Lot Info

  • Estimated Lot Size: 34.5
  • Estimated Lot Size: 34.5 Acres
  • Lot: Sloped, Level, Rural Property, Pond, Wooded, Cleared, Not In Subdivision
  • Farm Ranch Features: Livestock Allowed, Stock Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 469.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Mb Lake Properties Llc
Bought by
Mb Lake Properties Llc
Current Estimated Value
$334,780

Purchase Details

Listed on
Apr 13, 2019
Closed on
Jun 4, 2019
Sold by
Parker T Paul
Bought by
Hoofman Daniel and Hootman Lisa
Seller's Agent
Lolly Honea
Keller Williams Realty
Buyer's Agent
Kenny Prince
Truman Ball Real Estate
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$212,000
Outstanding Balance
$186,400
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Estimated Equity
$148,380

Purchase Details

Closed on
Jul 31, 2018
Sold by
Packer Woody and Packer Paul T
Bought by
Packer T Paul

Purchase Details

Closed on
Jun 12, 1972
Sold by
Denham Glenn A and Denham Daisy G
Bought by
Parker Thomas W and Parker Nell
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
Mb Lake Properties Llc -- None Available
Hoofman Daniel $265,000 First National Title Company
Packer T Paul -- None Available
Parker Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoofman Daniel $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $265,000 -5.0% $402 / Sq Ft
04/13/2019 04/13/19 For Sale $279,000 -- $423 / Sq Ft
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
2025 $358 $7,104 $2,220 $4,884
2024 $358 $7,104 $2,220 $4,884
2023 $431 $7,104 $2,220 $4,884
2022 $431 $7,104 $2,220 $4,884
2021 $469 $7,880 $2,460 $5,420
2020 $469 $7,880 $2,460 $5,420
2019 $469 $7,880 $2,460 $5,420
2018 $469 $7,880 $2,460 $5,420
2017 $469 $7,810 $2,390 $5,420
2016 $333 $8,410 $2,550 $5,860
2015 $119 $8,410 $2,550 $5,860
2014 $119 $6,600 $2,550 $4,050
Source: Public Records

Agents Affiliated with this Home

  • Lolly Honea

    Seller's Agent in 2019

    Lolly Honea

    Keller Williams Realty

    (501) 960-4277

    92 Total Sales

    Lolly Honea
    Section Image
  • Michelle Honea

    Seller Co-Listing Agent in 2019

    Michelle Honea

    Keller Williams Realty

    (501) 837-9189

    149 Total Sales

    Michelle Honea
    Section Image
  • Kenny Prince

    Buyer's Agent in 2019

    Kenny Prince

    Truman Ball Real Estate

    (501) 993-3970

    56 Total Sales

    Kenny Prince
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19012056

Cooperative Arkansas REALTORS® MLS

APN: 001-01319-000

Arkansas Saline County Mabelvale 72103

16120 Chicot Rd, Mabelvale, AR

This home is located at 16120 Chicot Rd, Mabelvale, AR 72103 since 13 April 2019 and is currently estimated at $334,780, approximately $507 per square foot. 16120 Chicot Rd is a home located in Saline County with nearby schools including Landmark Elementary School and Mills University Studies High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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