NOT LISTED FOR SALE

20182 Leonard Ranch Rd Gravette, AR 72736

Estimated Value: $472,000 - $566,420

3 Beds
2 Baths
1,768 Sq Ft
$298/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $525,000 $297 Per Sq Ft

Current estimated payment $3,040/month

1 Day on Market

Highlights

  • 5 Acre Lot
  • Wood Burning Stove
  • Granite Countertops
  • Gravette Middle School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of August 2024

Here is a one of a kind, meticulously maintained property just North West of downtown Gravette. House is a two-owner home with a freshly renovated kitchen, new paint, new roof in 2021, and new HVAC in 2015. This property has a 50x50 shop, and 5 acres with plenty of room for pets and livestock. Over 1/4 mile of well-built metal pipe fencing around the property. Only 25 minutes to Bentonville, and only 1.5 miles to downtown Gravette. Schedule your showing today!

Last Agent to Sell the Property

Benjamin Anderson

Collier & Associates License #SA00088385 Listed on: 04/08/2024

Collier & Associates

Last Buyer's Agent

Somer Adams

Lindsey & Assoc Inc Branch License #EB00058486

Lindsey & Assoc Inc Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,233

Year Built

  • Built in 1997

Lot Details

  • 5 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Property is Fully Fenced
  • Aluminum or Metal Fence
  • Wire Fence
  • Cleared Lot
  • Zoning described as Agricultural

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Blinds

Kitchen

  • Electric Range
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Propane
  • Gas Water Heater
  • Septic Tank

Community Details

  • 10 20 33 Rural Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,233

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: 10-20-33-RURAL
  • Directions: Heading South on I49 take exit 100 AR-72 W towards Gravette. Right on AR72W. Right onto 1st Ave. Left onto 2nd Ave. Right on Jenkins Corner. Left onto Leonard Ranch. Property on the right.
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Appliances: Electric Range, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, None, Wood Burning Stove
  • Living Area: 1768.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Full, Metal, Wire
  • Lot Features: Cleared, Rural Lot
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2233.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Aug 5, 2024
Sold by
Lattin Richard F and Lattin Sandra Kay
Bought by
Corritori Stephen Christopher and Corritori Amy
Seller's Agent
Benjamin Anderson
Collier & Associates
Buyer's Agent
Somer Adams
Lindsey & Assoc Inc Branch
List Price
$520,000
Sold Price
$525,000
Premium/Discount to List
$5,000
0.96%
Views
13
Current Estimated Value
$526,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105
Avg. Annual Appreciation
0.18%
Original Mortgage
$480,768
Outstanding Balance
$474,881
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
$51,224

Purchase Details

Closed on
Aug 18, 2022
Sold by
Ladrecque David and Ladrecque Waunema
Bought by
Lattin Richard F and Lattin Sandra Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2022
Sold by
Labrecque David and Labrecque Waunema
Bought by
Banks Jacob and Banks Jessica

Purchase Details

Closed on
May 2, 2019
Sold by
Wilson Jacky and Wilson Melisa
Bought by
Labrecque David and Labrecque Waunema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 1997
Bought by
Labrecque
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
Corritori Stephen Christopher $525,000 Apex Title
Lattin Richard F $465,000 Dill Jimmy D
Banks Jacob $162,000 None Listed On Document
Labrecque David $55,000 Empire Title Company
Labrecque $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corritori Stephen Christopher $480,768
Previous Owner Lattin Richard F $349,000
Previous Owner Labrecque David $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $525,000 +1.0% $297 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $520,000 -- $294 / 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 $3,017 $66,143 $21,000 $45,143
2024 $2,227 $66,143 $21,000 $45,143
2023 $2,121 $47,870 $12,750 $35,120
2022 $1,321 $47,870 $12,750 $35,120
2021 $1,239 $47,870 $12,750 $35,120
2020 $1,168 $32,970 $6,750 $26,220
2019 $1,168 $32,970 $6,750 $26,220
2018 $1,193 $32,970 $6,750 $26,220
2017 $1,057 $32,970 $6,750 $26,220
2016 $1,057 $32,970 $6,750 $26,220
2015 $1,340 $30,250 $5,000 $25,250
2014 $722 $24,200 $5,000 $19,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1271802

Northwest Arkansas Board of REALTORS®

APN: 18-14928-001