207 E Nettleton Ave Jonesboro, AR 72401
Estimated payment $748/month
About This Lot
207 E Nettleton Ave presents a prime opportunity for a multifamily development in Jonesboro, AR. Situated in a rapidly growing area with high demand for housing, this lot offers an ideal canvas for multifamily units to meet the needs of the local community. With proximity to key amenities including schools, shopping centers, restaurants, and recreational facilities and convenient access to major transportation routes, it ensures an easy commute for residents. It is zoned for multifamily development, offers flexibility in design and construction, and essential utilities such as water, electricity, and sewage are nearby for easy connection. Jonesboro has experiencing a steady population growth driven by economic growth and educational opportunities, so it has seen an increased demand for multifamily units in particular. Given the demand for multifamily housing and the favorable market conditions, the project presents a promising opportunity for investors seeking attractive returns in the real estate sector.
Property Details
Property Type
- Land
Lot Details
- 0.48 Acre Lot
- Level Lot
Schools
- Jonesboro Magnet Elementary School
- Annie Camp Middle School
- Jonesboro High School
Listing and Financial Details
- Assessor Parcel Number 01-144194-22600
Map
Home Values in the Area
Average Home Value in this Area
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 | $253 | $6,000 | $6,000 | -- |
| 2024 | $253 | $6,000 | $6,000 | -- |
| 2023 | $1,681 | $40,796 | $6,000 | $34,796 |
| 2022 | $1,681 | $40,796 | $6,000 | $34,796 |
| 2021 | $201 | $27,660 | $5,000 | $22,660 |
| 2020 | $1,167 | $27,660 | $5,000 | $22,660 |
| 2019 | $1,167 | $27,660 | $5,000 | $22,660 |
| 2018 | $1,130 | $27,660 | $5,000 | $22,660 |
| 2017 | $1,036 | $27,660 | $5,000 | $22,660 |
| 2016 | $937 | $22,200 | $5,000 | $17,200 |
| 2015 | $937 | $22,200 | $5,000 | $17,200 |
| 2014 | $937 | $22,200 | $5,000 | $17,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/05/2024 07/05/24 | For Sale | $139,900 | +66.1% | -- | |
| 10/29/2021 10/29/21 | Sold | $84,250 | +6.6% | $40 / Sq Ft | View Prior Sale |
| 05/19/2021 05/19/21 | Pending | -- | -- | -- | |
| 04/29/2021 04/29/21 | For Sale | $79,000 | -- | $38 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $84,250 | None Listed On Document | |
| Warranty Deed | $49,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $101,366 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $64,800 | Adjustable Rate Mortgage/ARM |
Source: Northeast Arkansas Board of REALTORS®
MLS Number: 10119589
APN: 01-144194-22600
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