NOT LISTED FOR SALE

223 Spring Creek Rd Lowell, AR 72745

Estimated Value: $450,000 - $469,000

16.87 Acres
$27,238 Price per Acre
734,857 Sq Ft Lot

Last Sold November 21, 2014

Last sale price $250,000 $172 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,448/month

453 Days on Market

Highlights

  • Home fronts a pond
  • 16.87 Acre Lot
  • Partially Fenced Property
  • Fairview Elementary School Rated A
  • Pond
  • Level Lot

About This Lot

As of November 2014

16.87 ACRES WITH DEVELOPMENT POTENTIAL ONLY A SHORT DISTANCE FROM I-540/HWY 264 EXIT, APPROX 550 FEET OF FRONTAGE ON SPRING CREEK RD. FARM HOUSE ON SW CORNER OF PROPERTY CONVEYS WITH LAND SALE (AT NO VALUE)

Last Agent to Sell the Property

Rita Collis-Wise

Lindsey & Assoc Inc Branch License #AB00046595 Listed on: 07/25/2013

Lindsey & Assoc Inc Branch

Co-Listed By

Bill Beck

Lindsey & Assoc Inc Branch License #SA00055432

Last Buyer's Agent

Liz Oxford

Crye-Leike REALTORS, Springdale License #SA00060055

Crye-Leike REALTORS, Springdale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $406

Lot Details

  • 16.87 Acre Lot
  • Lot Dimensions are 559x1326x581x1326
  • Home fronts a pond
  • Partially Fenced Property
  • Wire Fence
  • Level Lot
  • Open Lot
  • Cleared Lot

Outdoor Features

  • Pond

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$406

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Land
  • Lot Size Acres: 16.87
  • Lot Size: 559X1326X581X1326
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1554A
  • Co List Office Phone: 479-636-2200
  • Subdivision Name: .
  • Directions: FROM LOWELL, GO WEST ON HWY 264 TO LEFT ON SPRING CREEK RD. PROPERTY ON LEFT
  • ResoPropertyType: Land
  • Property Sub Type Additional: Other
  • Special Features: None

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Cleared, Not In Subdivision, None, Open Lot, Other, See Remarks, Level, Pond
  • Topography: Cleared,Level
  • Waterfront Features: Pond

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public, Well

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning Description: Other
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 406.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2016
Sold by
Serrano Dan
Bought by
Bwb Properties Llc
Current Estimated Value
$459,500

Purchase Details

Listed on
Jul 25, 2013
Closed on
Nov 21, 2014
Sold by
Brown Rick and Yates Mitzi Descene
Bought by
Serrano Dan
Seller's Agent
Rita Collis-Wise
Lindsey & Assoc Inc Branch
Buyer's Agent
Liz Oxford
Crye-Leike REALTORS, Springdale
List Price
$337,400
Sold Price
$250,000
Premium/Discount to List
-$87,400
-25.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$42,500
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2013
Bought by
Dod 8 and Dod 24

Purchase Details

Closed on
Feb 23, 2013
Bought by
Dod 02 and Dod 23

Purchase Details

Closed on
Mar 31, 1994
Bought by
Brown and Stewart
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
Bwb Properties Llc $362,240 Realty Title & Closing Svcs
Serrano Dan $250,000 None Available
Dod 8 -- --
Dod 02 -- --
Brown -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Dan $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $250,000 -25.9% $172 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $337,400 -- $232 / 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 $29 $538 $538 $0
2023 $28 $520 $520 $0
2022 $30 $520 $520 $0
2021 $30 $520 $520 $0
2020 $28 $480 $480 $0
2019 $27 $480 $480 $0
2018 $27 $480 $480 $0
2017 $484 $13,900 $5,460 $8,440
2016 $484 $13,900 $5,460 $8,440
2015 $408 $11,600 $3,600 $8,000
2014 $58 $11,600 $3,600 $8,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 686219

Northwest Arkansas Board of REALTORS®

APN: 12-02653-000