$1,399,000
SOLD DEC 13, 2018

22178 W Highway 72 Gravette, AR 72736

63 Acres
$22,063 Price per Acre
2,762,140 Sq Ft Lot

Recently Sold

$768 Per Sq Ft

53% Below List Price

259 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a pond
  • Deck
  • Gravette Middle School Rated A-
  • 63.41 Acre Lot
  • Wood Flooring

About This Lot

As of June 2025

Great opportunity for someone to get in the chicken and cattle business. 63.41 acre farm with 8 tunneled houses , 4 sit on each farm with Georges contract. The newer farm is on propane and the older farm is on natural gas and will need minimal updates upon purchasing. #1 & 2 built in 1992 , House #3 & 4 built in 1995, house 5thru 8 built in 2004. Call list agent for details

Last Agent to Sell the Property

Tim Craig

United Country/Rateliff Lifestyle Properties License #PB00063528 Listed on: 02/26/2018

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $726

Year Built

  • Built in 1990

Lot Details

  • 63.41 Acre Lot
  • Home fronts a pond
  • Property fronts a highway
  • Back and Front Yard Fenced
  • Aluminum or Metal Fence
  • Wire Fence
  • Cleared Lot
  • Zoning described as Agricultural

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 1,822 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

Overview

  • Rural Subdivision

Recreation

  • In Ground Pool
  • Deck
  • Patio
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$726

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Lot Size Acres: 63.41
  • Road Frontage Type: County Road, Highway, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: rural
  • Directions: From Gravette take Hwy 72 west 2 miles to first farm with 4 tunnelled houses then go one more mile to main farm with the other 4 tunneled houses. DO NOT go on the farms without list agent present.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1990
  • ResoPropertyType: Farm
  • Property Sub Type Additional: Farm
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Appliances: Some Gas Appliances, Electric Water Heater, Range, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 1822.0
  • Window Features: Double Pane Windows, Metal, Storm Window(s), Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Fenced, Front Yard, Metal, Partial, Wire
  • Lot Features: Cleared, Outside City Limits
  • Pool Features: In Ground
  • Waterfront Features: None, Pond
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Patio
  • Roof: Architectural, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Public, Well

Schools

  • Junior High Dist: Gravette

Lot Info

  • Additional Parcels Description: 18-14889-000,18-14918-001
  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 726.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Dec 13, 2018
Sold by
Moorman Tracy and Moorman Jennifer
Bought by
Lundholm Candace Janet and Lundholm Jordan Michael
Seller's Agent
Tim Craig
United Country/Rateliff Lifestyle Properties
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$2,950,000
Sold Price
$1,399,000
Premium/Discount to List
-$1,551,000
-52.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.46%
Original Mortgage
$1,399,000
Outstanding Balance
$920,199
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$526,074
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,399,000 Empire Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,399,000 Future Advance Clause Open End Mortgage
Previous Owner $201,282 Future Advance Clause Open End Mortgage
Previous Owner $19,247 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $404,500 -4.8% $222 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $424,900 -69.6% $233 / Sq Ft
12/13/2018 12/13/18 Sold $1,399,000 -52.6% $768 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $2,950,000 -- $1,619 / 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
2024 $1,518 $45,008 $5,973 $39,035
2023 $1,382 $34,530 $3,820 $30,710
2022 $1,347 $34,530 $3,820 $30,710
2021 $1,231 $34,530 $3,820 $30,710
2020 $1,123 $24,000 $2,190 $21,810
2019 $1,123 $24,000 $2,190 $21,810
Source: Public Records

Agents Affiliated with this Home

  • Delton Williams

    Seller's Agent in 2025

    Delton Williams

    Crye-Leike REALTORS, Gentry

    (479) 366-4262

    361 Total Sales

    Delton Williams
    Section Image

  • T

    Buyer's Agent in 2025

    Taylor Reece

    Venture Group Real Estate

    (417) 669-9259

    41 Total Sales

    Taylor Reece
    Section Image
  • Tim Craig

    Seller's Agent in 2018

    Tim Craig

    United Country/Rateliff Lifestyle Properties

    (479) 530-2176

    103 Total Sales

    Tim Craig
    Section Image

  • N

    Buyer's Agent in 2018

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1073093

Northwest Arkansas Board of REALTORS®

APN: 18-14903-003

Arkansas Benton County Gravette 72736

22178 W Highway 72, Gravette, AR

This home is located at 22178 W Highway 72, Gravette, AR 72736 and is currently priced at $1,399,000, approximately $767 per square foot. This property was built in 1990. 22178 W Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle School.

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.

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