NOT LISTED FOR SALE

16474 Highway 72 SE Gravette, AR 72736

Estimated Value: $228,000 - $269,937

7 Acres
$34,658 Price per Acre
306,227 Sq Ft Lot

Last Sold February 23, 2024

Last sale price $235,000

Est. 2% increase in value since last sale

Current estimated payment $1,409/month

Highlights

  • 7.03 Acre Lot
  • Secluded Lot
  • Public Transportation
  • Gravette Middle School Rated A-
  • Wooded Lot
  • Partially Fenced Property

About This Lot

As of February 2024

Prime location for Commercial-Residential or Agricultural! Imagine tossing another log on the fire in your future build tucked away with total privacy but so close to I-49 bypass to get where you need to go quickly. Property is located on a serene private 7 acre lot right off of highway 72. This ideal location would be perfect for a business as well! Lot has been cleared of dead trees & brush. Asphalt entrance already on property, water meter set. Ready for electricity on same side of the highway. Rare find! Located just 13 miles from Walmart Home offices! Approximately 2-3 minutes from the new bypass. Over 7 acres of wooded and gently sloping land - this is a builder's dream! Don't miss out on this opportunity!

Last Agent to Sell the Property

Jennifer Castro

Keller Williams Market Pro Realty Branch Office License #SA00058174 Listed on: 02/07/2024

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Justin Fleshman

Real Broker NWA License #SA00088871

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,159

Lot Details

  • 7.03 Acre Lot
  • Property fronts a highway
  • Rural Setting
  • Partially Fenced Property
  • Wire Fence
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Additional Features

  • City Lot
  • Mobile Home Allowed
  • Natural Gas Not Available

Community Details

  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,159

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 7.03
  • Road Frontage Type: Highway, Main Thoroughfare
  • Road Surface Type: Paved
  • Directions: From the I-49 Bypass, take the Hwy. 72 West exit to Gravette for approximately 1.5 miles on right. Watch for sign.
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural, Commercial, Residential

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Cleared, City Lot, Hardwood Trees, Mobile Home Allowed, Not In Subdivision, Rural Lot, Secluded, Wooded
  • Topography: Rolling
  • Disclosures: Seller Disclosure

Utilities

  • Electricity On Property: Yes
  • Utilities: Natural Gas Not Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Gravette

Tax Info

  • Tax Annual Amount: 10.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 23, 2024
Sold by
Nannie Terry Edward and Nannie Julie K
Bought by
Pmd Enterprises Llc
Seller's Agent
Jennifer Castro
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Justin Fleshman
Real Broker NWA
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Views
9
Current Estimated Value
$239,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,679
Avg. Annual Appreciation
1.35%

Purchase Details

Closed on
Mar 28, 2023
Sold by
Fancher Monica S
Bought by
Nannie Terry Edward and Nannie Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Bought by
Martin
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
Pmd Enterprises Llc $235,000 Best Title
Nannie Terry Edward $200,000 Realty Title
Martin $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nannie Terry Edward $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $235,000 +4.4% --
02/08/2024 02/08/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $225,000 -- --
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
2024 $1,159 $23,621 $23,621 $0
2023 $645 $13,146 $13,146 $0
2022 $10 $170 $170 $0
2021 $10 $170 $170 $0
2020 $10 $190 $190 $0
2019 $10 $190 $190 $0
2018 $10 $190 $190 $0
2017 $9 $190 $190 $0
2016 $9 $190 $190 $0
2015 $10 $210 $210 $0
2014 -- $210 $210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1266152

Northwest Arkansas Board of REALTORS®

APN: 11-01466-000