Seller's Agent in 2022
Jeff McKenzie
McKenzie Realty Group
(501) 250-5025
65 in this area
104 Total Sales
175 Riverland Dr Heber Springs, AR 72543
Estimated Value: $1,445,145
--
Bed
--
Bath
20,144
Sq Ft
$72/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Golf Course View
- Traditional Architecture
- Multiple Garages
- 69.86 Acre Lot
- Wood Flooring
About This Home
As of October 2022Outstanding investment opportunity! 19 rental units in Heber Springs! 9 duplex buildings each with two, two bedroom units and one three bedroom cabin. Riverland Country Club, complete with nine hole golf course and private club with liquor license will also convey. Golf course may be repurposed for residential development. No minerals convey.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,328
Year Built
- Built in 1992
Lot Details
- 69.86 Acre Lot
- Level Lot
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
- Metal Roof
- Metal Siding
Interior Spaces
- 20,144 Sq Ft Home
- 2-Story Property
- Golf Course Views
Kitchen
- Electric Range
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Luxury Vinyl Tile
- Vinyl
Parking
- Multiple Garages
- Parking Pad
Schools
- Acorn Elementary School
Utilities
- Central Heating and Cooling System
- Septic System
- Shared Sewer
- Phone Available
- Satellite Dish
Community Details
Overview
- 19 Units
- Golf Course: Riverland Country Club
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 31, 2022
Sold by
Riverland Deelopment Corporation Inc
Bought by
Graywalt Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2001
Bought by
Riverland Development Corp
Purchase Details
Closed on
Jun 28, 2000
Bought by
State Of Arkansas
Purchase Details
Closed on
Jun 1, 1994
Bought by
Riverland Development Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Graywalt Properties Llc | $1,275,000 | Professional Land Title | |
| Riverland Development Corp | -- | -- | |
| State Of Arkansas | -- | -- | |
| Riverland Development Corp | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Graywalt Properties Llc | $1,250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $1,275,000 | -8.6% | $63 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $1,395,000 | -- | $69 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Tax History Compared to Growth
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 | $4,198 | $110,763 | $30,400 | $80,363 |
| 2023 | $4,198 | $110,763 | $30,400 | $80,363 |
| 2022 | $4,127 | $110,763 | $30,400 | $80,363 |
| 2021 | $3,751 | $98,983 | $30,520 | $68,463 |
| 2020 | $3,751 | $98,983 | $30,520 | $68,463 |
| 2019 | $3,751 | $98,983 | $30,520 | $68,463 |
| 2018 | $3,751 | $98,983 | $30,520 | $68,463 |
| 2017 | $3,751 | $98,983 | $30,520 | $68,463 |
| 2016 | $3,949 | $104,188 | $30,520 | $73,668 |
| 2015 | $3,949 | $104,188 | $30,520 | $73,668 |
| 2014 | $3,949 | $104,188 | $30,520 | $73,668 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff McKenzie
-
Jackie McPherson
Buyer's Agent in 2022
Jackie McPherson
McKenzie Realty Group
(501) 691-9900
70 in this area
83 Total Sales
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 22017613
APN: 002-07888-100-C
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