NOT LISTED FOR SALE

1626 E Pickens Rd Pea Ridge, AR 72751

Estimated Value: $331,000 - $5,116,000

100.28 Acres
$24,410 Price per Acre
4,368,196 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $3,509,800 $1,673 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $12,712/month

336 Days on Market

Highlights

  • 100.28 Acre Lot
  • Partially Wooded Lot
  • Level Lot
  • Pond
  • Partially Fenced Property

About This Lot

As of September 2023

Farm home and 100.28 acres being sold together on the East Side of Pea Ridge. This property has unlimited development potential. Approximately 1,318 feet of Highway 72 frontage. Land is mostly cleared and flat with a small portion facing Highway 72 that is partially wooded. Seller advised Carroll Electric has recently installed 3 phase power to the South and East side of the property. City water is available to the property and the seller advises an 8 inch water line is scheduled to be installed on the East side of the property. City sewer is now available (verify with City of Pea Ridge). Property can be viewed on three sides via Hwy 72 and County Roads on the East and North.

Last Agent to Sell the Property

James Dohse

Exit Taylor Real Estate Branch Office License #SA00085840 Listed on: 08/21/2022

Last Buyer's Agent

James Dohse

Exit Taylor Real Estate Branch Office License #SA00085840 Listed on: 08/21/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $134

Lot Details

  • 100.28 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot

Utilities

  • Propane
  • Well
  • Septic Tank

Community Details

Overview

  • Pea Ridge Subdivision

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$134

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 100.28
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Subdivision Name: Pea Ridge
  • Directions: 1626 E. Pickens Rd Pea Ridge, AR. From Pea Ridge take Hwy 72 (E Pickens Rd) East out of Pea Ridge. Farm home and land will be located on the North side of the road at 1626. The 92+ acres surround the home on both sides and to the rear.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Open Lot, Other, See Remarks, Level, Pond
  • Topography: Cleared,Level
  • Waterfront Features: None

Utilities

  • Electric: Other, See Remarks
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Propane, Electricity Available
  • Water Source: Not Connected (nearby), Public, Other, See Remarks, Well

Schools

  • Junior High Dist: Pea Ridge

Lot Info

  • Additional Parcels Description: 18-05598-000 and 13-00022-00
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 134.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2009
Sold by
Federal National Mortgage Association
Bought by
Musteen David Wayne
Current Estimated Value
$2,447,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Outstanding Balance
$87,365
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$2,360,429

Purchase Details

Closed on
Aug 20, 2009
Sold by
Musteen David Wayne
Bought by
Musteen Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Outstanding Balance
$87,365
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$2,360,429

Purchase Details

Closed on
Jul 8, 2009
Sold by
Musteen David Wayne
Bought by
Arvest Mortgage Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Outstanding Balance
$87,365
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$2,360,429

Purchase Details

Closed on
Nov 8, 2004
Bought by
Musteen D

Purchase Details

Closed on
Nov 1, 2004
Bought by
Musteen D

Purchase Details

Closed on
Oct 12, 1979
Bought by
Bone
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
Musteen David Wayne -- Waco
Musteen Patricia M $156,000 Waco Title Company
Arvest Mortgage Company $153,948 None Available
Musteen D -- --
Musteen D -- --
Bone -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musteen Patricia M $124,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $3,509,800 -12.5% $1,673 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $4,011,200 -11.1% $1,912 / Sq Ft
08/21/2022 08/21/22 For Sale $4,512,600 -- $2,151 / Sq Ft
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 $6 $109 $109 --
2024 $3,122 $54,874 $17,326 $37,548
2023 $2,063 $40,040 $8,590 $31,450
2022 $1,988 $40,040 $8,590 $31,450
2021 $1,805 $40,040 $8,590 $31,450
2020 $1,695 $27,880 $3,390 $24,490
2019 $1,695 $27,880 $3,390 $24,490
2018 $1,695 $27,880 $3,390 $24,490
2017 $1,478 $27,880 $3,390 $24,490
2016 $1,478 $27,880 $3,390 $24,490
2015 $1,332 $23,410 $4,460 $18,950
2014 $1,332 $23,410 $4,460 $18,950
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Dohse

    Exit Taylor Real Estate Branch Office

    (479) 802-8225

    1 in this area

    4 Total Sales

    James Dohse
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1227414

Northwest Arkansas Board of REALTORS®

APN: 13-00022-000

Arkansas Benton County Pea Ridge 72751

1626 E Pickens Rd, Pea Ridge, AR

Not Listed for Sale

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