NOT LISTED FOR SALE

2011 S Rainbow Rd Rogers, AR 72758

Estimated Value: $2,303,000 - $8,160,000

59.66 Acres
$96,492 Price per Acre
2,598,790 Sq Ft Lot

Last Sold April 15, 2022

Last sale price $5,500,000 $3,228 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $30,144/month

Highlights

  • 59.66 Acre Lot
  • Corner Lot
  • Level Lot

About This Lot

As of April 2022

59.66(+/-) acres with multiple options; excellent development opportunity!! Zoned R-MF, C-3, RSF-5. High visibility location. Public sewer on site. Seller will consider dividing property.

Last Agent to Sell the Property

Blaine Elliott

Lindsey & Assoc Inc Branch License #SA00073976 Listed on: 12/17/2021

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $142

Lot Details

  • 59.66 Acre Lot
  • Wire Fence
  • Corner Lot
  • Level Lot
  • Open Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Mixed Use

Additional Features

  • City Lot
  • Not Connected to Sewer

Community Details

  • 17 19 30 Rogers Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$142

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 59.66
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: 17-19-30-Rogers
  • Directions: NE corner of S Rainbow Rd & Stoney Brook Rd
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Development, Mixed Use, Residential

Exterior Features

  • Fencing: Wire
  • Lot Features: Corner Lot, City Lot, Not In Subdivision, Open Lot, Rolling Slope, Sloped, Split Possible, Level
  • Topography: Level,Other,Rolling,Sloping,See Remarks
  • Waterfront Features: None
  • Disclosures: Flood Plain Disclosure

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 142.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Apr 15, 2022
Sold by
Doaba Investment Llc
Bought by
Arkansas Food Systems Llc
Seller's Agent
Blaine Elliott
Lindsey & Assoc Inc Branch
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$5,500,000
Sold Price
$5,500,000
Current Estimated Value
$5,756,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,728
Avg. Annual Appreciation
1.30%

Purchase Details

Closed on
May 22, 2018
Sold by
Dq Rainbow Developers Llc
Bought by
Singh Jasminder and Singh Vajinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2003
Bought by
Dq

Purchase Details

Closed on
Oct 24, 1983
Bought by
Hinson
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
Arkansas Food Systems Llc $5,500,000 Williams Law Firm
Singh Jasminder $1,100,000 City Title & Closing Llc
Dq $715,000 --
Hinson $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Jasminder $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $5,500,000 0.0% $3,228 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $5,500,000 -- $3,228 / Sq Ft
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 $149 $2,744 $2,744 --
2024 $145 $2,744 $2,744 $0
2023 $140 $2,640 $2,640 $0
2022 $148 $2,640 $2,640 $0
2021 $148 $2,640 $2,640 $0
2020 $139 $2,540 $2,540 $0
2019 $139 $2,540 $2,540 $0
2018 $139 $2,540 $2,540 $0
2017 $151 $20,560 $20,560 $0
2016 $130 $20,560 $20,560 $0
2015 $120 $2,270 $2,270 $0
2014 $1,073 $20,290 $6,240 $14,050
Source: Public Records

Agents Affiliated with this Home

  • Blaine Elliott

    Seller's Agent in 2022

    Blaine Elliott

    Lindsey & Assoc Inc Branch

    (479) 246-1660

    22 in this area

    98 Total Sales

    Blaine Elliott
    Section Image

  • N

    Buyer's Agent in 2022

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1205315

Northwest Arkansas Board of REALTORS®

APN: 02-01671-504

Arkansas Benton County Rogers 72712

2011 S Rainbow Rd, Rogers, AR

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Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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