NOT LISTED FOR SALE

16878 W Highway 72 Gravette, AR 72736

Estimated Value: $210,000 - $294,000

3 Beds
1 Bath
1,110 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $33,000 $30 Per Sq Ft

Est. 633% increase in value since last sale

Current estimated payment $1,384/month

7 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Window Unit Cooling System
  • Gravette Middle School Rated A-
  • Wood Flooring
  • 4 Car Garage

About This Home

As of March 2012

OLDER HOME IN NEED OF REPAIR AND 2-- 24X40 WORK SHOPS WITH CEMENT FLOORS ON 2.87 ACRES . HWY 72 FRONTAGE.

Last Agent to Sell the Property

Larry Boling

Benton County Realty License #SA00039551 Listed on: 01/31/2012

Last Buyer's Agent

Larry Boling

Benton County Realty License #SA00039551 Listed on: 01/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1955

Lot Details

  • Property fronts a highway
  • Rural Setting
  • Partially Fenced Property
  • Open Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • 08 20 32 Rural Subdivision

Listing and Financial Details

  • Legal Lot and Block RURAL / RURAL

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: x
  • Road Frontage Type: Highway
  • Subdivision Name: 08-20-32-Rural
  • Directions: FROM GRAVETTE TAKE HWY 72 EAST APPRO 2 1/2 MIES. PROPERTY ON THE LEFT.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Plumbed For Ice Maker
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: None
  • Living Area: 1110.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Open Lot, Rural Lot, Sloped, Wooded
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace, Slab
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4.0
  • Parking Features: Garage, Other, Workshop in Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Public, Well

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 673.0
  • Tax Block: RURAL
  • Tax Lot: RURAL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 8, 2012
Sold by
Jam Partners Llc
Bought by
Duncan Lea A and The Lea A Duncan Living Trust
Seller's Agent
Larry Boling
Benton County Realty
Buyer's Agent
Larry Boling
Benton County Realty
List Price
$49,500
Sold Price
$33,000
Premium/Discount to List
-$16,500
-33.33%
Current Estimated Value
$241,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,864
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
May 2, 2011
Sold by
Thurston John
Bought by
Golden Rule Remodeling & Construction

Purchase Details

Closed on
Oct 19, 2006
Sold by
Laman Kerry and Laman Regina
Bought by
Golden Rule Remodeling & Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2006
Sold by
Federal National Mortgage Association
Bought by
Laman Kerry

Purchase Details

Closed on
Apr 7, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 1996
Bought by
Cummings

Purchase Details

Closed on
Oct 8, 1980
Bought by
Nelson
Source: Public Records

Range of Values:

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Average Value
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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
Duncan Lea A $33,000 Waco Title Company
Golden Rule Remodeling & Construction $2,966 None Available
Golden Rule Remodeling & Const Inc $88,000 None Available
Laman Kerry $38,000 None Available
Federal National Mortgage Association -- None Available
Cummings $65,000 --
Nelson $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden Rule Remodeling & Const Inc $87,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $33,000 -33.3% $30 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $49,500 -- $45 / 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 $1,194 $32,707 $16,072 $16,635
2024 $1,063 $32,707 $16,072 $16,635
2023 $967 $21,820 $9,760 $12,060
2022 $1,020 $21,820 $9,760 $12,060
2021 $1,017 $21,820 $9,760 $12,060
2020 $633 $13,520 $5,170 $8,350
2019 $633 $13,520 $5,170 $8,350
2018 $633 $13,520 $5,170 $8,350
2017 $599 $13,520 $5,170 $8,350
2016 $599 $13,520 $5,170 $8,350
2015 $599 $13,520 $2,870 $10,650
2014 $599 $15,230 $2,870 $12,360
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Larry Boling

    Benton County Realty

    (479) 790-5604

    54 in this area

    107 Total Sales

    Larry Boling
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 648769

Northwest Arkansas Board of REALTORS®

APN: 18-11921-000

Arkansas Benton County Gravette 72736

16878 W Highway 72, Gravette, AR

This home is located at 16878 W Highway 72, Gravette, AR 72736 since 31 January 2012 and is currently estimated at $241,864, approximately $217 per square foot. This property was built in 1955. 16878 W Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle 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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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