NOT LISTED FOR SALE

Estimated Value: $999,000 - $1,288,000

1.07 Acres
$1,029,672 Price per Acre
46,609 Sq Ft Lot

Last Sold June 21, 2016

Last sale price $70,000

Est. 1,474% increase in value since last sale

Current estimated payment $6,772/month

1,370 Days on Market

Highlights

  • Golf Course Community
  • 1.07 Acre Lot
  • Views
  • Evening Star Elementary School Rated A
  • Wooded Lot
  • Satellite Dish

About This Lot

As of June 2016

WELCOME TO OTTER CREEK ESTATES PHASE 1. LOTS 1/2 to 1 ACRE, GENTLE ROLLING SLOPES, BEAUTIFUL VIEWS / CONSERVATION AREAS, COMMUNITY POOL, TENNIS COURT, WALKING TRAILS & PONDS. CENTRAL TO EVERYTHING NWA HAS TO OFFER, 2500 SQ FT MINIMUM.

Last Listed By

Philip Cingolani

Collier & Associates License #EB00061781 Listed on: 08/20/2012

Collier & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $548

Year Built

  • 2017

Lot Details

  • 1.07 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 32

Community Details

Overview

  • Otter Creek Estates Ph I Cave Springs Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$548

Year Built

2017

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.07
  • Lot Size: x
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Otter Creek Estates Ph I-Cave Springs
  • Directions: From 540 take Exit 78 (Lowell exit) and travel west 4.2 miles, Otter Creek entrance on the right. "OR" From the intersection of 112 and Hwy 264 travel East on Hwy 264 1/2 mile, Otter Creek entrance on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None
  • Year Built (Public Record): 2017

Interior Features

  • Possible Use: Residential
  • Other Equipment: Satellite Dish

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Open Lot, Recreational, Subdivision, Views, Wooded, Level
  • Topography: Cleared,Level,Rolling
  • View: Yes
  • Waterfront Features: None

Utilities

  • Electric: Underground
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Curbs, Sidewalks
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 548.0
  • Tax Block: 0
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2012
Closed on
Jun 21, 2016
Sold by
Board Of Commissioners Cave Springs Muni
Bought by
Russell James J
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Rachel Wang
Prestige Management & Realty
List Price
$55,000
Sold Price
$70,000
Premium/Discount to List
$15,000
27.27%
Total Days on Market
1370
Current Estimated Value
$1,101,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031,749
Avg. Annual Appreciation
36.70%

Purchase Details

Closed on
Dec 19, 2013
Sold by
Commissioner Of State Lands
Bought by
Board Of Commissioners and Cave Springs Municipal Property Owners I

Purchase Details

Closed on
Dec 15, 2011
Bought by
Cave Spgs Muni Po #3 188Pc

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
Russell James J $70,000 Mercury Title
Board Of Commissioners $4,616 None Available
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell James Johnston $220,000
Closed Johnston Russell James $170,000
Closed Russell James J $85,000
Closed Ruseell James J $60,000
Open Russell James J $521,750
Closed Russell James J $510,400
Closed Russell James J $510,400
Closed Russell James J $55,000
Closed Russell James J $129,759
Closed Russell James J $424,100
Closed Russell James J $82,400
Previous Owner Boulder Creek Homes Llc $349,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $70,000 +27.3% --
05/22/2016 05/22/16 Pending -- -- --
08/20/2012 08/20/12 For Sale $55,000 -- --
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
2024 $7,950 $205,912 $19,000 $186,912
2023 $7,571 $127,270 $19,000 $108,270
2022 $7,470 $127,270 $19,000 $108,270
2021 $7,130 $127,270 $19,000 $108,270
2020 $6,876 $107,400 $11,600 $95,800
2019 $6,876 $107,400 $11,600 $95,800
2018 $6,901 $107,400 $11,600 $95,800
2017 $0 $11,600 $11,600 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 662741

Northwest Arkansas Board of REALTORS®

APN: 05-11415-000