NOT LISTED FOR SALE

2 Frensham Ln Bella Vista, AR 72715

Estimated Value: $75,000 - $350,000

0.72 Acre
$252,315 Price per Acre
31,363 Sq Ft Lot

Last Sold April 02, 2021

Last sale price $94,000

Est. 93% increase in value since last sale

Current estimated payment $1,068/month

203 Days on Market

Highlights

  • Lake Front
  • 0.72 Acre Lot
  • Pond
  • Thomas Jefferson Elementary School Rated A
  • Community Lake
  • Wooded Lot

About This Lot

As of April 2021

Prime lake lot in the heart of Bella Vista. Lake Windsor is Bella Vista's second largest lake with plenty of room for boating and fishing. This lot has a great view and is ready for a private dock and your custom dream home. Surrounded by the new mountain biking trails this is one of the best locations in Bella Vista with easy access to Bentonville. Architect and Builder available as needed.

Last Agent to Sell the Property

Ozark Group Group

Real Broker Listed on: 08/11/2020

Last Buyer's Agent

Ngoma Hantuba

Fathom Realty License #SA00075759

Fathom Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $745

Lot Details

  • 0.72 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Corner Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Natural Gas Not Available
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 3

Community Details

Overview

  • Portsmouth Sub Bvv Subdivision
  • Community Lake

Recreation

  • Trails
  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$745

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.72
  • Road Frontage Type: Public Road
  • Water Body Name: Lake Windsor
  • Subdivision Name: Portsmouth Sub Bvv
  • Directions: From Riordan Road turn left on Chelsea Rd. Continue to Pimlico Dr turn right. Right on Portsmouth Dr. Lot is on the corner of Portsmouth and Frensham.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Cul-De-Sac, None, Subdivision, Sloped, Wooded, Waterfront, Pond
  • Topography: Sloping
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Natural Gas Not Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Lake, Trails/Paths
  • Association Fee: 16.0
  • Association Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 745.0
  • Tax Block: 3
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Apr 2, 2021
Sold by
Skad Usa Property Llc
Bought by
Hantuba Tsitsi Mellody Maga and Hantuba Ngoma
Seller's Agent
Ozark Group Group
Real Broker
Buyer's Agent
Ngoma Hantuba
Fathom Realty
List Price
$98,000
Sold Price
$94,000
Premium/Discount to List
-$4,000
-4.08%
Current Estimated Value
$181,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,667
Avg. Annual Appreciation
15.26%

Purchase Details

Closed on
Aug 31, 2020
Sold by
Commissioner Of State Lands
Bought by
Skad Usa Properties Llc

Purchase Details

Closed on
Jan 10, 2005
Sold by
Clous Daniel E and Clous Judith
Bought by
National Recreational Properties Of Bell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Bought by
Clous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Bought by
Clous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2000
Bought by
Shaffer

Purchase Details

Closed on
Oct 15, 1992
Bought by
Horine Tr

Purchase Details

Closed on
Nov 17, 1987
Bought by
Holladay

Purchase Details

Closed on
Jun 1, 1982
Bought by
Holliday
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hantuba Tsitsi Mellody Maga $94,000 None Listed On Document
Skad Usa Properties Llc $1,814 None Listed On Document
National Recreational Properties Of Bell $73,000 Professional Land Title Comp
Clous $45,000 --
Clous $45,000 --
Shaffer $18,000 --
Horine Tr $14,000 --
Holladay $15,000 --
Holliday -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner National Recreational Properties Of Bell $30,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $94,000 -4.1% --
03/03/2021 03/03/21 Pending -- -- --
08/11/2020 08/11/20 For Sale $98,000 -- --
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 $1,130 $30,000 $30,000 --
2024 $1,025 $30,000 $30,000 $0
2023 $932 $15,200 $15,200 $0
2022 $962 $15,200 $15,200 $0
2021 $917 $15,200 $15,200 $0
2020 $841 $13,200 $13,200 $0
2019 $803 $13,200 $13,200 $0
2018 $745 $13,200 $13,200 $0
2017 $607 $13,200 $13,200 $0
2016 $607 $13,200 $13,200 $0
2015 $543 $9,000 $9,000 $0
2014 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1156772

Northwest Arkansas Board of REALTORS®

APN: 16-24740-000