NOT LISTED FOR SALE

Estimated Value: $365,000 - $1,443,000

40 Acres
$17,860 Price per Acre
1,742,400 Sq Ft Lot

Last Sold March 13, 2015

Last sale price $185,000 $87 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $3,907/month

161 Days on Market

Highlights

  • 40 Acre Lot
  • Central Air
  • Carpet
  • 2 Car Attached Garage
  • Property is Fully Fenced
  • Heating Available

About This Lot

As of March 2015

This farm has great potential for cattle or poultry. Huge house with several sheds. Rural water is close. Currently on a well. House just needs some TLC. This place is CHEAP, CHEAP! (6) 40X400 chicken houses. Sheds: 40x80, 40x29, 29x32, 16x29,24x30, 20x30. Last had chickens in February 2014. See MLS 715673-house. Agent owned.

Last Agent to Sell the Property

Bob Daugherty

Legend Realty Inc License #EB00053506 Listed on: 09/02/2014

Last Buyer's Agent

Kim Jones

Team Ag Real Estate Inc License #EB00055764

Property Details

Property Type

  • Land

Year Built

  • Built in 1980

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Property is Fully Fenced
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,129 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • TV Antenna

Additional Features

  • Outbuilding
  • Mobile Home Allowed

Property Details

Property Type

Land

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Lot Size Acres: 40.0
  • Lot Size: 40 AC
  • Road Frontage Type: County Road
  • Subdivision Name: No
  • Directions: I-49 Exit 62, west on Hwy 62 thru Lincoln, take Hwy 59 west of Lincoln, go south on Hwy 59, right on CR 416 about 2 miles, turn on CR 415/Kenny Bailey Rd. First poultry farm on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1980
  • ResoPropertyType: Farm
  • Property Sub Type Additional: Farm
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Appliances: Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Area: 2129.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Full
  • Lot Features: Cleared, Mobile Home Allowed
  • Construction Type: Rock
  • Exterior Features: Gravel Driveway, TV Antenna
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Schools

  • Junior High Dist: Lincoln

Lot Info

  • Pasture Area: 40.0
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4949.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2014
Bought by
Eagle Holdings Llc
Current Estimated Value
$714,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2014
Bought by
Blc Real Estate Llc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Lo Nou V
Bought by
Blc

Purchase Details

Closed on
Apr 28, 2004
Sold by
K C Farms Inc
Bought by
Lo Nou V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1985
Bought by
Bailey Ken and Treat Carlos D

Purchase Details

Closed on
Jan 1, 1985
Bought by
Bailey Kenny Wayne and Bailey Deborah
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
Eagle Holdings Llc $150,000 --
Blc Real Estate Llc -- --
Blc $101,600 None Available
Lo Nou V $670,000 Waco Title Company
Bailey Ken -- --
Bailey Kenny Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eagle Holdings Llc $150,000
Previous Owner Lo Nou V $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $185,000 -36.2% $87 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $289,900 -- $136 / 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 $1,602 $66,570 $14,780 $51,790
2023 $1,610 $66,570 $14,780 $51,790
2022 $1,628 $44,770 $10,990 $33,780
2021 $1,543 $44,770 $10,990 $33,780
2020 $1,458 $44,770 $10,990 $33,780
2019 $1,748 $34,510 $8,970 $25,540
2018 $1,748 $34,510 $8,970 $25,540
2017 $1,681 $34,510 $8,970 $25,540
2016 $1,731 $34,510 $8,970 $25,540
2015 $2,244 $45,050 $8,970 $36,080
2014 $4,650 $101,640 $6,680 $94,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 715666

Northwest Arkansas Board of REALTORS®

APN: 001-05221-000