NOT LISTED FOR SALE

20242 Mount Olive Rd Elkins, AR 72727

Estimated Value: $116,139 - $493,000

17.48 Acres
$16,921 Price per Acre
761,429 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $148,970

Est. 99% increase in value since last sale

Current estimated payment $1,602/month

186 Days on Market

Highlights

  • 17.48 Acre Lot
  • Partially Wooded Lot
  • Lot Has A Rolling Slope
  • Secluded Lot

About This Lot

As of December 2021

This 17 acre property is located in Washington County just 1.5 miles east of the Elkins school at 20242 Mount Olive Rd, Elkins, AR 72727. Water and electric is available at the property. A perfect place to build a home lays just out of sight from the road on a hill to the north. Numerous deer and small game call this small acreage home. Two ponds are located on the property and the one on the west property line has fish. A trail will lead you from the south end of the property to the northeast corner. A older mobile home and some belongings need to be removed from the premises.

Last Agent to Sell the Property

Chris Hinkle

Keller Williams Market Pro Realty - Rogers Branch License #EB00075628 Listed on: 05/17/2021

Keller Williams Market Pro Realty - Rogers Branch

Last Buyer's Agent

K'dora Couch

Smith and Associates Real Estate Services License #SA00083184

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $233

Lot Details

  • 17.48 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Mobile Home

  • Mobile Home Allowed

Utilities

  • Well Required
  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$233

Lot Details

0

Listing Details

  • Property Sub Type: Recreation
  • Prop. Type: Land
  • Lot Size Acres: 17.48
  • Road Frontage Type: Shared
  • Directions: Take Hwy 16 south from Elkins School .3 miles. Turn left on Mount Olive Rd and proceed 1.3 miles to the property on the left side of the road.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Mobile Home Allowed, Recreational, Rural Lot, Secluded, Wooded
  • Topography: Rolling

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Schools

  • Junior High Dist: Elkins

Lot Info

  • Additional Parcels Description: 001-05684-005
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 233.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Dec 17, 2021
Sold by
Grubbs Sarah Kalyn
Bought by
North West Arkansas Vending Llc
Seller's Agent
Chris Hinkle
Keller Williams Market Pro Realty - Rogers Branch
Buyer's Agent
K'dora Couch
Smith and Associates Real Estate Services
List Price
$173,000
Sold Price
$148,970
Premium/Discount to List
-$24,030
-13.89%
Current Estimated Value
$295,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,815
Avg. Annual Appreciation
19.12%

Purchase Details

Closed on
Dec 9, 2014
Sold by
Traxler Norman L
Bought by
Grubbs Sarah Kalyn

Purchase Details

Closed on
Feb 28, 1998
Bought by
Grubbs Sarah Kalyn

Purchase Details

Closed on
Jan 16, 1998
Bought by
Grubbs Sarah Kalyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
North West Arkansas Vending Llc $92,870 Waco Title
Grubbs Sarah Kalyn -- None Available
Grubbs Sarah Kalyn -- --
Grubbs Sarah Kalyn -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $148,970 -13.9% --
11/20/2021 11/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $173,000 -- --
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 $478 $12,660 $9,190 $3,470
2024 $454 $12,660 $9,190 $3,470
2023 $441 $12,660 $9,190 $3,470
2022 $243 $4,790 $4,790 $0
2021 $225 $4,790 $4,790 $0
2020 $207 $4,790 $4,790 $0
2019 $189 $3,700 $3,700 $0
2018 $189 $3,700 $3,700 $0
2017 $186 $3,700 $3,700 $0
2016 $187 $3,700 $3,700 $0
2015 $187 $3,700 $3,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Hinkle

    Seller's Agent in 2021

    Chris Hinkle

    Keller Williams Market Pro Realty - Rogers Branch

    (620) 215-0033

    1 in this area

    95 Total Sales

    Chris Hinkle
    Section Image

  • K

    Buyer's Agent in 2021

    K'dora Couch

    Smith and Associates Real Estate Services

    (479) 879-3652

    3 in this area

    9 Total Sales

    K'dora Couch
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1184667

Northwest Arkansas Board of REALTORS®

APN: 001-05684-004

Arkansas Washington County Elkins 72727

20242 Mount Olive Rd, Elkins, AR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes