NOT LISTED FOR SALE

1988 Murphy Rd Norman, AR 71960

Estimated Value: $520,985 - $627,000

80 Acres
$7,175 Price per Acre
3,484,800 Sq Ft Lot

Sale Details

Date Sold: February 6, 2023

Last sale price $400,100 $521 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,472 / mo

41 Days on Market

Highlights

  • Resort Property
  • 80 Acre Lot
  • Wooded Lot
  • River View
  • Pond
  • Level Lot

About This Lot

As of February 2023

Can't you just here the Sound!! Build that cabin over looking South Fork of the Ouachita River. 80 acres+/- Very private and secluded, National Forest on 2 sides of the property. There is a little Cottage with little value.

Last Agent to Sell the Property

Brenda McGrew

Mack-Reynolds Realty Company Listed on: 12/08/2022

Last Buyer's Agent

Brenda McGrew

Mack-Reynolds Realty Company Listed on: 12/08/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Lot Details

  • 80 Acre Lot
  • River Front
  • Property fronts a county road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • River Views

Utilities

  • Well
  • On Site Septic

Community Details

Overview

  • Resort Property

Recreation

  • Pond
  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$326

Lot Details

80 Acres

Listing Details

  • Class: Vacant Land
  • LVT Date: 12/13/2022
  • Road Surface: Dirt, Gravel
  • Type: Residential Lot
  • Sold Price Per Acre: 5001.25
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Well-On Property, Elec-Municipal (+Entergy), Septic On Property

Lot Info

  • Estimated Lot Size: 80
  • Estimated Lot Size: 80
  • Lot: Sloped, Level, Rural Property, Resort Property, River Front, River View, Pond, Creek, Wooded, Cleared, Upslope, Downslope
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 326
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 1996
Bought by
Moore Tommy and Moore Amanda
Current Estimated Value
$573,993

Purchase Details

Closed on
Jun 18, 1996
Bought by
Shields Jasper

Purchase Details

Closed on
Apr 3, 1992
Bought by
Thompson Donald R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moore Tommy $77,000 --
Shields Jasper $69,000 --
Thompson Donald R $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold $400,100 -19.9% $521 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $499,500 -- $650 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $5,145 $123,350 $5,520 $117,830
2024 $163 $3,910 $3,870 $40
2023 $359 $11,310 $3,870 $7,440
2022 $335 $7,770 $3,330 $4,440
2021 $335 $7,770 $3,330 $4,440
2020 $335 $7,770 $3,330 $4,440
2019 $326 $7,770 $3,330 $4,440
2018 $335 $7,770 $3,330 $4,440
2017 $316 $7,530 $3,270 $4,260
2016 $316 $7,530 $3,270 $4,260
2014 $316 $7,530 $3,270 $4,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22039993

Cooperative Arkansas REALTORS® MLS

APN: 001-05616-000

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