NOT LISTED FOR SALE

16187 Old Hwy 68 Siloam Springs, AR 72761

Estimated Value: $282,000 - $1,095,451

5.28 Acres
$127,617 Price per Acre
229,997 Sq Ft Lot

Last Sold September 17, 2018

Last sale price $132,500

Est. 409% increase in value since last sale

Current estimated payment $4,179/month

10 Days on Market

Highlights

  • River View
  • Creek or Stream
  • Level Lot
  • Partially Wooded Lot
  • Partially Fenced Property

About This Lot

As of September 2018

Beautiful 5.28 acres. If you enjoy Kayaking, floating, tubing, swimming, or fishing this is the property for you! You could tear down the existing home and build your dream home! This is that hard to find property located just outside town on a paved road, with natural gas and live water. Would also be a great place if you have horses or other animals. On the Illinois River.

Last Agent to Sell the Property

Teresa Sanderson

Sanderson & Associates Real Estate License #PB00049430 Listed on: 08/07/2018

Last Buyer's Agent

Sam Niccum

Riverwood Home Real Estate License #PB00072862

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $349

Lot Details

  • 5.28 Acre Lot
  • River Front
  • Property fronts a highway
  • Creek or Stream
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Partially Wooded Lot

Property Views

  • River
  • Seasonal

Utilities

  • Well
  • Septic Tank

Additional Features

  • Outside City Limits
  • Mobile Home Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$349

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.28
  • Road Frontage Type: Highway, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: none
  • Directions: From Highway 412 in Siloam Springs go east approx. 4.4 miles/ then turn left (north) onto Old Highway 68/ go 3.3 miles, property on the right (south). NO SIGN on property
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Pasture, Recreational, Residential, Unimproved

Exterior Features

  • Fencing: Partial
  • Lot Features: Mobile Home Allowed, Not In Subdivision, Outside City Limits, Open Lot, Other, Rural Lot, See Remarks, Waterfront, Level, Stream/Creek
  • Topography: Cleared,Level
  • View: River, Seasonal View
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Well

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Additional Parcels Description: 115048
  • Zoning Description: None
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 349.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 14, 2018
Sold by
Shannon Mike T
Bought by
Niccum Samuel A and Niccum Amanda J
Seller's Agent
Teresa Sanderson
Sanderson & Associates Real Estate
Buyer's Agent
Sam Niccum
Riverwood Home Real Estate
List Price
$125,000
Sold Price
$132,500
Premium/Discount to List
$7,500
6%
Current Estimated Value
$673,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,317
Avg. Annual Appreciation
25.30%
Original Mortgage
$132,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 12, 2018
Sold by
Shannon Diana
Bought by
Shannon Mike T
Seller's Agent
Teresa Sanderson
Sanderson & Associates Real Estate
Buyer's Agent
Sam Niccum
Riverwood Home Real Estate
List Price
$125,000
Sold Price
$132,500
Premium/Discount to List
$7,500
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 2000
Bought by
Shannon

Purchase Details

Closed on
Mar 30, 1984
Bought by
Randolph

Purchase Details

Closed on
Oct 9, 1980
Bought by
Robinson
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
Niccum Samuel A $132,500 Lenders Title Company
Shannon Mike T -- Lenders Title Company
Shannon $60,000 --
Randolph $43,000 --
Robinson $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Niccum Samuel A $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $132,500 +6.0% --
08/18/2018 08/18/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $125,000 -- --
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 $7,566 $215,140 $24,288 $190,852
2024 $7,325 $215,140 $24,288 $190,852
2023 $6,906 $132,550 $12,360 $120,190
2022 $6,531 $132,550 $12,360 $120,190
2021 $6,512 $132,550 $12,360 $120,190
2020 $3,718 $78,560 $7,390 $71,170
2019 $496 $16,710 $7,390 $9,320
2018 $416 $16,710 $7,390 $9,320
2017 $383 $16,710 $7,390 $9,320
2016 $349 $16,710 $7,390 $9,320
2015 $666 $12,780 $5,280 $7,500
2014 $316 $12,780 $5,280 $7,500
Source: Public Records

Agents Affiliated with this Home

  • Teresa Sanderson

    Seller's Agent in 2018

    Teresa Sanderson

    Sanderson & Associates Real Estate

    (479) 957-5463

    59 Total Sales

    Teresa Sanderson
    Section Image
  • Sam Niccum

    Buyer's Agent in 2018

    Sam Niccum

    Riverwood Home Real Estate

    (479) 524-1393

    250 Total Sales

    Sam Niccum
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1087283

Northwest Arkansas Board of REALTORS®

APN: 18-10413-000

Arkansas Benton County Siloam Springs 72761

16187 Old Hwy 68, Siloam Springs, AR

Not Listed for Sale

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