NOT LISTED FOR SALE

2175 Galloway Rd Newark, AR 72562

Estimated Value: $120,000 - $354,000

3.29 Acres
$64,742 Price per Acre
143,312 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $23,000

Est. 826% increase in value since last sale

Current estimated payment $1,184/month

8 Days on Market

About This Lot

As of September 2022

What a great place to build your next dream home! Come see this beautiful land within walking distance to Cedar Ridge Elementary. City water is accessible and will have to have a septic system.

Last Agent to Sell the Property

Joey Seibert

Seibert Real Estate Listed on: 08/08/2022

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $146

Lot Details

  • 3.29 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Level Lot
  • Cleared Lot

Schools

  • Cedar Ridge Elementary School
  • Cedar Ridge High School

Listing and Financial Details

  • Assessor Parcel Number 070036600AA

Property Details

Property Type

Land

Est. Annual Taxes

$146

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance, Mobiles Not Allowed
  • Class: Vacant Land
  • LVT Date: 08/09/2022
  • Road Surface: Paved
  • Type: Acreage
  • Per Acre Price: 7568
  • Sold Price Per Acre: 6990.88
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street, State Road

Utilities

  • Utilities: Some Util Avl-Not On Prop, Elec-Municipal (+Entergy)

Lot Info

  • Estimated Lot Size: 3.29
  • Estimated Lot Size: 143312
  • Lot: Level, Rural Property, Cleared, In Subdivision, Unimproved
  • Geo Subdivision: AR
  • Parcel Number: 070036600AA

Tax Info

  • Annual Taxes: 145.6
  • Year: 2021

MLS Schools

  • Elementary School: Cedar Ridge
  • HighSchool: Cedar Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 30, 2022
Sold by
Ford Taylor and Baylea Allison
Bought by
Newberry Cheyne
Seller's Agent
Joey Seibert
Seibert Real Estate
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$24,900
Sold Price
$23,000
Premium/Discount to List
-$1,900
-7.63%
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,000
Avg. Annual Appreciation
95.90%
Original Mortgage
$19,102
Outstanding Balance
$7,577
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$205,423

Purchase Details

Closed on
Jan 28, 2021
Sold by
Smedley Levi and Smedley Melissa
Bought by
Ford Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,506
Interest Rate
2.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 3, 2002
Bought by
Morris William H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Newberry Cheyne $23,000 --
Newberry Cheyne $23,000 None Listed On Document
Ford Taylor $19,000 None Available
Ford Taylor $19,000 None Listed On Document
Morris William H $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newberry Cheyne $19,102
Closed Newberry Cheyne $19,102
Previous Owner Ford Taylor $11,506
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $23,000 -7.6% --
08/16/2022 08/16/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $24,900 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $972 $28,140 $3,520 $24,620
2024 $972 $28,140 $3,520 $24,620
2023 $184 $3,520 $3,520 $0
2022 $184 $3,520 $3,520 $0
2021 $146 $3,520 $3,520 $0
2020 $133 $3,520 $3,520 $0
2019 $121 $2,320 $2,320 $0
2018 $120 $2,320 $2,320 $0
2017 $120 $2,320 $2,320 $0
2016 $120 $2,320 $2,320 $0
2015 $118 $2,320 $2,320 $0
2014 $124 $2,440 $2,440 $0
Source: Public Records

Agents Affiliated with this Home

  • Joey Seibert

    Seller's Agent in 2022

    Joey Seibert

    Seibert Real Estate

    (870) 624-0055

    52 Total Sales

    Joey Seibert
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    NON-MEMBER

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22027209

Cooperative Arkansas REALTORS® MLS

APN: 070036600AA

Arkansas Independence County Newark 72562

2175 Galloway Rd, Newark, AR

Not Listed for Sale

Lots

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