NOT LISTED FOR SALE

22300 Leonard Ranch Rd Gravette, AR 72736

Estimated Value: $350,000 - $434,000

3 Beds
2 Baths
1,792 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $200,000 $112 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,238/month

71 Days on Market

Highlights

  • Wood Burning Stove
  • Pole Barn
  • 1 Fireplace
  • Gravette Middle School Rated A-
  • Farmhouse Style Home
  • Porch

About This Home

As of June 2017

House + 5 acres. Metal roof, new HVAC, new pump in well. City water tap paid for and available at street. Seller owns the 38.93 acres and has listed remaining 33.93 acres MOL for sale at $5,000/acre; Home and 18.5 acres (+,-) with pond, corral, shop & barn for $235,000.

Last Agent to Sell the Property

Koenigseder Realty Group

REMAX Real Estate Results Listed on: 03/20/2017

REMAX Real Estate Results

Last Buyer's Agent

Jennifer Still

MainStreet Properties License #SA00077267

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • Dirt Road
  • Partially Fenced Property
  • Cleared Lot

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Gravel Driveway

Outdoor Features

  • Pole Barn
  • Outbuilding
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 05 20 33 Rural Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Surface Type: Dirt
  • Subdivision Name: 05-20-33-RURAL
  • Directions: Hwy 72 West from Gravette. North on Beaty Rd, East on Leonard Ranch Road
  • Architectural Style: Farmhouse
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Propane Appliances, Dishwasher, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Wood Burning Stove
  • Living Area: 1792.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Pole Barn
  • Patio And Porch Features: Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Detached Carport

Utilities

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

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1093.0
  • Tax Block: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2017
Closed on
Aug 28, 2017
Sold by
Leon Axel O Izaguirre De and Garcia Luis A Izaguiree
Bought by
Leon Axel O Izaguirre De and Garcia Mariela
Seller's Agent
Koenigseder Realty Group
REMAX Real Estate Results
Buyer's Agent
Jennifer Still
MainStreet Properties
List Price
$330,000
Sold Price
$200,000
Premium/Discount to List
-$130,000
-39.39%
Current Estimated Value
$401,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,847
Avg. Annual Appreciation
8.80%
Original Mortgage
$196,377
Outstanding Balance
$160,965
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$240,882

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 30, 2017
Sold by
Koenigseder James and Koenigseder Diane
Bought by
Garcia Luis A Izaguirre and Izaguiree Axel O
Seller's Agent
Koenigseder Realty Group
REMAX Real Estate Results
Buyer's Agent
Jennifer Still
MainStreet Properties
List Price
$330,000
Sold Price
$200,000
Premium/Discount to List
-$130,000
-39.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Outstanding Balance
$160,965
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$240,882
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 Buyer Sale Price Title Company
Leon Axel O Izaguirre De -- Realty Title & Closing Servi
Garcia Luis A Izaguirre $200,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Luis A Izaguirre $196,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $200,000 -39.4% $112 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $330,000 -- $184 / 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
2025 $1,352 $50,489 $6,058 $44,431
2024 $1,254 $50,489 $6,058 $44,431
2023 $1,194 $35,560 $1,840 $33,720
2022 $832 $35,560 $1,840 $33,720
2021 $775 $35,560 $1,840 $33,720
2020 $724 $23,480 $1,270 $22,210
2019 $724 $23,480 $1,270 $22,210
2018 $749 $23,480 $1,270 $22,210
2017 $1,040 $23,480 $1,270 $22,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1041707

Northwest Arkansas Board of REALTORS®

APN: 18-14840-002