NOT LISTED FOR SALE

1723 Highway 236 W Lonoke, AR 72086

Estimated Value: $171,000 - $186,045

55 Acres
$3,227 Price per Acre
2,395,800 Sq Ft Lot

Last Sold January 15, 2017

Last sale price $106,555 $63 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $984/month

137 Days on Market

Highlights

  • 55 Acre Lot
  • Creek or Stream View
  • Creek On Lot
  • Southside Elementary School Rated A-

About This Lot

As of January 2017

PRICE REDUCED! 55 +/- acres with highway frontage on 236 just North of Lonoke, AR has a great mix of open field systems and timber. The South boundary of the property follows Two Prairie Bayou and provides excellent flooded timber duck hunting opportunities when it gets out of the banks. This tract has good timber in the old growth areas with thicker, younger timber in an old field that hasn't been farmed for years.

Last Agent to Sell the Property

Kevin Keen

Arkansas Land Company Listed on: 08/01/2016

Last Buyer's Agent

Kevin Keen

Arkansas Land Company Listed on: 08/01/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $150

Lot Details

  • 55 Acre Lot
  • Property fronts a state road
  • Rural Setting

Additional Features

  • Creek or Stream Views
  • Creek On Lot
  • Co-Op Electric

Property Details

Property Type

Land

Est. Annual Taxes

$150

Lot Details

0

Listing Details

  • Restrictions: Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 08/08/2016
  • Price Per Sq Ft: 1937.36
  • Road Surface: Paved
  • Street Designation: Highway
  • Third Party Exports: Daily Record
  • Type: Acreage
  • Price Per Acre: 2200
  • Sold Price Per Acre: 1937.36
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: State Road
  • Waterfront: Creek

Utilities

  • Utilities: Water-Public, Electric-Co-Op

Lot Info

  • Estimated Lot Size: 55
  • Estimated Lot Size: 55 acres
  • Lot: Rural Property, Creek
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2019
Sold by
Johnson Mavis R and Neal Mary K
Bought by
Barreta Nelson T and Teo Christina A
Current Estimated Value
$177,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$78,965
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$98,546

Purchase Details

Listed on
Aug 1, 2016
Closed on
Feb 15, 2017
Sold by
Johnson Mavis Renea and Neal Amry Kay
Bought by
Minnie Michael and Minnie Karen
Seller's Agent
Kevin Keen
Arkansas Land Company
Buyer's Agent
Kevin Keen
Arkansas Land Company
List Price
$137,500
Sold Price
$106,555
Premium/Discount to List
-$30,945
-22.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$90,228
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2016
Sold by
Johnson Mavis Renea
Bought by
Johnson Mavis Renea and Neal Mary Kaye

Purchase Details

Closed on
Apr 1, 2014
Sold by
Hill Florence Mae
Bought by
Johnson Mavis Renea

Purchase Details

Closed on
Mar 9, 2004
Bought by
Cor Tp Show Grantee As Trustee

Purchase Details

Closed on
Sep 18, 2002
Bought by
Filed Hill Trust Agreement For

Purchase Details

Closed on
Apr 27, 1994
Bought by
Johnson & Mckim, Trustees

Purchase Details

Closed on
Apr 3, 1992
Bought by
Collins
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
Barreta Nelson T $95,000 United Abstract & Title
Minnie Michael $106,555 Attorneys Title
Minnie Michael $106,555 None Available
Johnson Mavis Renea -- None Available
Johnson Mavis Renea -- None Available
Cor Tp Show Grantee As Trustee -- --
Filed Hill Trust Agreement For -- --
Johnson & Mckim, Trustees -- --
Collins $20,000 --
Collins $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barreta Nelson T $90,000
Previous Owner Minnie Michael $90,228
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2017 01/15/17 Sold $106,555 -22.5% $63 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $137,500 -- $82 / 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 $471 $18,430 $5,020 $13,410
2024 $471 $18,430 $5,020 $13,410
2023 $471 $18,430 $5,020 $13,410
2022 $493 $18,430 $5,020 $13,410
2021 $456 $18,430 $5,020 $13,410
2020 $415 $16,195 $5,025 $11,170
2019 $415 $16,195 $5,025 $11,170
2018 $285 $12,810 $1,640 $11,170
2017 $710 $0 $0 $0
2016 $360 $14,310 $3,140 $11,170
2015 $675 $17,580 $5,740 $11,840
2014 $433 $17,580 $5,740 $11,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16023764

Cooperative Arkansas REALTORS® MLS

APN: 001-08765-000