NOT LISTED FOR SALE

194 Cr 863 Elizabeth, AR 72531

Estimated Value: $123,509 - $236,000

1.4 Acres
$127,026 Price per Acre
60,984 Sq Ft Lot

Last Sold January 09, 2023

Last sale price $23,000

Est. 673% increase in value since last sale

Current estimated payment $999/month

52 Days on Market

Highlights

  • Nearby Water Access
  • Lake House
  • Adjoins Government Land
  • Seasonal View
  • Pole Barn
  • Level Lot

About This Lot

As of January 2023

Flat 1.4 ac wooded tract with 199 ft of Govt Strip frontage on Lake Norfork. Land is off of Hand Cove Road east of the lake. Viola School Dist. Old building is rough but usable and will need electricity added. Boat launch less than 4 minutes away and lake access less than 1 mile. Seasonal lake view. 20 minutes to Mtn. Home. Land and improvements sold as is where is. Broker believes previous owner may have refined precious metals on property.

Last Agent to Sell the Property

Randy Worlow

WORLOW LAND COMPANY Listed on: 10/18/2022

Last Buyer's Agent

Randy Worlow

WORLOW LAND COMPANY Listed on: 10/18/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $304

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 199x313
  • Adjoins Government Land
  • Level Lot

Property Views

  • Seasonal Views

Home Design

  • Lake House

Listing and Financial Details

  • Assessor Parcel Number 002-04917-000

Community Details

Overview

  • Hamilton Ad Subdivision

Recreation

  • Nearby Water Access
  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$304

Lot Details

0

Listing Details

  • Class: LAND
  • Type: LAND, Lake Property
  • Access: County Road
  • Extras: Barn/Pole Barn, Hardwood
  • Miles to Black Top: < 3 Miles
  • Miles to City: < 15 Miles
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Surfaces: Gravel
  • View: Seasonal Lake
  • Borders Water: Yes
  • Lake Name: Lake Norfork

Utilities

  • Utility Companies: North AR Electric Co-Op
  • Electric: Available

Lot Info

  • Lot Dimensions: 199x313
  • Number Of Acres: 1.4
  • Assessor Parcel Number: 002-04917-000
  • Acreage: 1-2
  • Flood Plain: No
  • Lot Description: Borders Government Strip
  • Topography: Flat
  • Zoning Restrictions: Subdivision Restrictions

Tax Info

  • Taxes: 304.
  • Tax Year: 2021

MLS Schools

  • School: Viola

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Mar 1, 2023
Sold by
Veach Hunter and Veach Natalie
Bought by
Veach Hunter and Veach Natalie
Seller's Agent
Randy Worlow
WORLOW LAND COMPANY
Buyer's Agent
Randy Worlow
WORLOW LAND COMPANY
List Price
$30,000
Sold Price
$23,000
Premium/Discount to List
-$7,000
-23.33%
Views
19
Current Estimated Value
$177,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,836
Avg. Annual Appreciation
119.93%

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jan 6, 2023
Sold by
Ferguson J Brian
Bought by
Veach Hunter
Seller's Agent
Randy Worlow
WORLOW LAND COMPANY
Buyer's Agent
Randy Worlow
WORLOW LAND COMPANY
List Price
$30,000
Sold Price
$23,000
Premium/Discount to List
-$7,000
-23.33%
Views
19

Purchase Details

Closed on
Apr 29, 2021
Sold by
Taylor Brian P and Taylor Stacey M
Bought by
Taylor Stacey M

Purchase Details

Closed on
Jun 5, 2016
Sold by
Nogle Charles H and Nogle Diana
Bought by
Taylor Brian P and Taylor Stacey M

Purchase Details

Closed on
Jul 5, 1991
Sold by
Not Provided
Bought by
Nogle Charles H
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
Veach Hunter -- --
Veach Hunter $23,000 --
Taylor Stacey M -- None Available
Taylor Stacey M -- None Available
Taylor Brian P -- Attorney
Nogle Charles H $9,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $23,000 -14.8% --
12/15/2022 12/15/22 Price Changed $27,000 +8.0% --
12/09/2022 12/09/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $25,000 -16.7% --
10/18/2022 10/18/22 For Sale $30,000 -- --
Source: Mountain Home MLS (North Central 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 $628 $11,610 $10,000 $1,610
2023 $364 $11,610 $10,000 $1,610
2022 $334 $11,610 $10,000 $1,610
2021 $304 $5,610 $4,000 $1,610
2020 $304 $5,610 $4,000 $1,610
2019 $216 $4,000 $4,000 $0
2018 $188 $4,000 $4,000 $0
2017 $208 $4,000 $4,000 $0
2016 $208 $6,000 $6,000 $0
2015 $218 $6,000 $6,000 $0
2014 $313 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 125286

Mountain Home MLS (North Central Board of REALTORS®)

APN: 002-04917-000