NOT LISTED FOR SALE

226 N 40th St van Buren, AR 72956

Estimated Value: $197,956

37 Acres
$5,350 Price per Acre
1,611,720 Sq Ft Lot

Last Sold January 06, 2020

Last sale price $125,000

Est. 58% increase in value since last sale

Current estimated payment $1,066/month

328 Days on Market

Highlights

  • 37 Acre Lot
  • Views
  • Agricultural
  • Partially Wooded Lot
  • Pasture
  • Level Lot

About This Lot

As of January 2020

Amazing 37 acres with tons of potential. Build a private estate or develop a subdivision.Beautiful pasture & partially wooded. Perfect for cattle, horses and a place to build your beautiful dream home! Part of land in flood plain. One pond on property. Two old houses on property that needs repaired or torn down. 2 car carport, & a detached workshop. This property is located on a private road, just minutes to town.

Last Agent to Sell the Property

Kelli Smith

Medlock & West Realty License #SA00057660 Listed on: 01/12/2019

Last Buyer's Agent

Cassie Elwonger

Keller Williams Platinum Realty License #EB00071700

Keller Williams Platinum Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $905

Lot Details

  • 37 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Wire Fence
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot

Schools

  • Van Buren Elementary School
  • Butterfield Junior High
  • Van Buren High School

Farming

  • Agricultural
  • Pasture

Additional Features

  • Flood Zone Lot
  • Mobile Home Allowed
  • Septic Tank
  • Property Views

Listing and Financial Details

  • Exclusions: minerals
  • Assessor Parcel Number 001-04054-000

Property Details

Property Type

Land

Est. Annual Taxes

$905

Lot Details

0

Listing Details

  • Reso Property Sub Type: Agriculture
  • Prop. Type: Land
  • ResoLotFeatures: Cleared, Dead End, Mobile Home Allowed, Open Lot, Flood Zone, Level, Pasture
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: F3018
  • ResoSpecialListingConditions: None
  • Subdivision Name: na
  • Directions: From Van Buren, East on Kibler Road to North or left on N 40th, property at end of road.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wire
  • Acres: 37.0
  • Topography: Cleared,Level,Rolling
  • View: Yes
  • Disclosures: Flood Plain Disclosure
  • Exclusions: minerals

Utilities

  • Electricity On Property: Yes
  • Utilities: Electricity Available
  • Water Source: Not Connected (at lot), Public

Schools

  • Junior High Dist: Van Buren
  • Ninth Grade High School: Van Buren
  • Middle Or Junior School: Butterfield Junior High

Lot Info

  • Lot Dimensions: 37 acres
  • Parcel #: 001-04054-000

Tax Info

  • Tax Annual Amount: 905.0
  • Tax Block: NA
  • Tax Lot: NA

MLS Schools

  • Elementary School: Van Buren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jan 6, 2020
Sold by
Knight Eddie Loyd and Knight Helen Ruth
Bought by
Brausell Properties Llc
Seller's Agent
Kelli Smith
Medlock & West Realty
Buyer's Agent
Cassie Elwonger
Keller Williams Platinum Realty
List Price
$222,000
Sold Price
$125,000
Premium/Discount to List
-$97,000
-43.69%
Current Estimated Value
$197,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,956
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
May 6, 2018
Sold by
Janni Robert William and Janni Samuel Wayne
Bought by
Knight Eddie Loyd and Knight Helen Ruth

Purchase Details

Closed on
Feb 27, 2002
Bought by
Knight Eddie Loyd and Schalski Bobby
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
Brausell Properties Llc $125,000 None Available
Knight Eddie Loyd -- None Available
Knight Eddie Loyd -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $125,000 -43.7% --
12/07/2019 12/07/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $222,000 -- --
Source: Western River Valley 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 $304 $6,090 $4,240 $1,850
2024 $306 $6,090 $4,240 $1,850
2023 $304 $6,090 $4,240 $1,850
2022 $270 $5,360 $5,180 $180
2021 $270 $5,360 $5,180 $180
2020 $270 $5,360 $5,180 $180
2019 $934 $18,660 $5,180 $13,480
2018 $907 $18,660 $5,180 $13,480
2017 $822 $16,480 $5,100 $11,380
2016 $825 $16,480 $5,100 $11,380
2015 $776 $16,480 $5,100 $11,380
2014 $773 $16,480 $5,100 $11,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1022805

APN: 001-04054-000