NOT LISTED FOR SALE

223 Preston Ln Springdale, AR 72764

Estimated Value: $142,270 - $656,000

25.1 Acres
$15,902 Price per Acre
1,093,356 Sq Ft Lot

Last Sold October 17, 2022

Last sale price $775,000

Est. 48% decrease in value since last sale

Current estimated payment $2,183/month

12 Days on Market

About This Lot

As of October 2022

223 & 303 Preston Lane, Springdale. 25.10 acres in prime location with lots of possibilities. Superb development potential. Property had previously been priced at $1,100.000 and is now reduced to $775,000. Property has two entrance/exit points, One on Huntsville Ave. & Butterfield Coach Road and one on Preston Lane. *Located East across street from UPS terminal & *North of Reliable Poultry Equipment.

Last Agent to Sell the Property

Wayne Vanhook

Crye-Leike REALTORS, Springdale License #EB00005828 Listed on: 06/03/2022

Crye-Leike REALTORS, Springdale

Last Buyer's Agent

Adam Daugherty

Equity Partners Realty License #SA00085983

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,021

Lot Details

  • 25.1 Acre Lot
  • Wire Fence
  • Level Lot
  • Zoning described as Agricultural

Location

  • City Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,021

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 25.1
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Directions: From the intersection of Hwy 265 (Butterfield Coach Rd. & Huntsville Ave., go East onto the property.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Development

Exterior Features

  • Fencing: Wire
  • Lot Features: City Lot, Not In Subdivision, None, Rolling Slope, Level
  • Topography: Level,Rolling

Utilities

  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public

Schools

  • Junior High Dist: Springdale

Lot Info

  • Additional Parcels Description: 815-30750-000
  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1021.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Oct 17, 2022
Sold by
Truman Wayne Vanhook Living Trust and Vanhook Truman Wayne
Bought by
Hollyberry Properties Llc
Seller's Agent
Wayne Vanhook
Crye-Leike REALTORS, Springdale
Buyer's Agent
Adam Daugherty
Equity Partners Realty
List Price
$775,000
Sold Price
$775,000
Views
4
Current Estimated Value
$399,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$375,865
Avg. Annual Appreciation
-19.78%
Original Mortgage
$475,000
Interest Rate
5.66%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2009
Sold by
Russell Linda K
Bought by
Huffman Diane

Purchase Details

Closed on
Jun 16, 1992
Bought by
Russell Alton A

Purchase Details

Closed on
Jan 1, 1989
Bought by
Russell Alton A
Source: Public Records

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
Hollyberry Properties Llc $775,000 None Listed On Document
Huffman Diane $65,000 None Available
Russell Alton A -- --
Russell Alton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hollyberry Properties Llc $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $775,000 0.0% --
06/16/2022 06/16/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $775,000 -- --
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 $880 $17,030 $17,030 $0
2023 $897 $17,030 $17,030 $0
2022 $345 $8,030 $8,030 $0
2021 $318 $8,030 $8,030 $0
2020 $292 $8,030 $8,030 $0
2019 $265 $5,030 $5,030 $0
2018 $265 $5,030 $5,030 $0
2017 $263 $5,030 $5,030 $0
2016 $263 $5,030 $5,030 $0
2015 $263 $5,030 $5,030 $0
2014 $493 $14,190 $9,450 $4,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1220552

Northwest Arkansas Board of REALTORS®

APN: 815-30750-000