NOT LISTED FOR SALE

Estimated Value: $888,000 - $949,000

0.67 Acre
$1,361,784 Price per Acre
29,185 Sq Ft Lot

Last Sold August 26, 2013

Last sale price $50,000

Est. 1,725% increase in value since last sale

Current estimated payment $5,634/month

340 Days on Market

Highlights

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

About This Lot

As of August 2013

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

  • $391

Year Built

  • 2014

Lot Details

  • 0.67 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 30

Community Details

Overview

  • Otter Creek Estates Ph I Cave Springs Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$391

Year Built

2014

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.67
  • 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): 2014

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: 391.0
  • Tax Block: 0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2014
Sold by
J & M Investments Of Nwa Llc
Bought by
Cline Sean D and Cline Mary K
Total Days on Market
340
Current Estimated Value
$912,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.41%

Purchase Details

Listed on
Aug 20, 2012
Closed on
Aug 29, 2013
Sold by
Commissioner Of State Lands
Bought by
Board Of Commissioners and Cave Springs Municipal Property Owners I
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.54%
Original Mortgage
$258,720
Interest Rate
4.36%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 20, 2012
Closed on
Jul 5, 2013
Sold by
Board Of Commissioners Cave Springs Muni
Bought by
Nwa Llc
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,720
Interest Rate
4.36%
Mortgage Type
Construction

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
Cline Sean D $403,000 Rtc
Board Of Commissioners $3,041 None Available
Nwa Llc $50,000 Rtc
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cline Sean D $100,000
Closed Cline Sean D $350,000
Closed Cline Sean D $350,000
Closed Cline Sean D $60,000
Closed Cline Sean D $303,000
Previous Owner Nwa Llc $258,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2013 08/26/13 Sold $50,000 0.0% --
07/27/2013 07/27/13 Pending -- -- --
08/20/2012 08/20/12 For Sale $50,000 -- --
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 $6,906 $157,697 $19,000 $138,697
2023 $6,278 $102,418 $19,000 $83,418
2022 $6,190 $102,418 $19,000 $83,418
2021 $5,388 $98,160 $19,000 $79,160
2020 $4,951 $81,230 $11,600 $69,630
2019 $4,951 $81,230 $11,600 $69,630
2018 $4,919 $81,230 $11,600 $69,630
2017 $4,173 $81,230 $11,600 $69,630
2016 $4,173 $81,230 $11,600 $69,630
2015 $3,666 $62,080 $7,500 $54,580
2014 $443 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 662739

Northwest Arkansas Board of REALTORS®

APN: 05-11413-000