NOT LISTED FOR SALE

2272 Gravesville Cutoff Rd Damascus, AR 72039

Estimated Value: $150,578 - $216,000

18 Acres
$10,293 Price per Acre
771,012 Sq Ft Lot

Last Sold November 10, 2014

Last sale price $53,100

Est. 247% increase in value since last sale

Current estimated payment $1,060/month

42 Days on Market

Highlights

  • Wooded Lot
  • Satellite Dish
  • Level Lot
  • Livestock

About This Lot

As of November 2014

Great level building site with water and electrical hook-up available at the road. This property is mostly cleared with trees at the back. A must see!

Last Agent to Sell the Property

Jason Blue

RE/MAX Realty Group Listed on: 08/26/2014

RE/MAX Realty Group

Last Buyer's Agent

Jason Blue

RE/MAX Realty Group Listed on: 08/26/2014

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $597

Lot Details

  • 17.7 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Southside Elementary And Middle School
  • Southside High School

Utilities

  • Co-Op Electric
  • Perc Approved Septic
  • Satellite Dish

Additional Features

  • Outside City Limits
  • Livestock

Property Details

Property Type

Land

Est. Annual Taxes

$597

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Min Rights Do Not Convey, Mobiles Allowed
  • Class: Vacant Land
  • Price Per Sq Ft: 3000
  • Road Surface: Paved
  • Type: Acreage
  • Estimated Road Frontage: 191
  • Price Per Acre: 3497.18
  • Sold Price Per Acre: 3000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Some Util Avl-Not On Prop, Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op, Tv-Satellite Dish

Schools

  • Elementary School: Southside
  • Middle School: Southside
  • High School: Southside
  • Junior High: Southside

Lot Info

  • Estimated Lot Size: 17.7
  • Estimated Lot Size: 541x1437
  • Lot: Sloped, Level, Rural Property, Wooded, Cleared, Out Of City
  • Farm Ranch Features: Livestock Allowed
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 45.5
  • Year: 2013

MLS Schools

  • Elementary School: Southside
  • HighSchool: Southside
  • Middle School: Southside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2014
Closed on
Nov 11, 2014
Sold by
Ertle Brian and Ertle Tammy
Bought by
Smith Marty and Smith Kristen
Seller's Agent
Jason Blue
RE/MAX Realty Group
Buyer's Agent
Jason Blue
RE/MAX Realty Group
List Price
$61,900
Sold Price
$53,100
Premium/Discount to List
-$8,800
-14.22%
Current Estimated Value
$184,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,198
Original Mortgage
$54,718
Interest Rate
4.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2004
Bought by
Stockley

Purchase Details

Closed on
Jul 30, 1999
Bought by
Duncan

Purchase Details

Closed on
Apr 17, 1998
Bought by
Thomas

Purchase Details

Closed on
May 30, 1997
Bought by
Tayna
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
Smith Marty $53,100 Cannaday Abstract & Title Co
Stockley $45,000 --
Duncan -- --
Thomas -- --
Tayna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marty $154,660
Closed Smith Marty $28,412
Closed Smith Mary T $81,063
Closed Smith Marty $54,718
Previous Owner Poseidon Energy Services Llc $25,000
Previous Owner Stockley Diana Pearl $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold $53,100 -14.2% --
10/11/2014 10/11/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $61,900 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $597 $13,000 $1,210 $11,790
2023 $598 $13,000 $1,210 $11,790
2022 $598 $13,000 $1,210 $11,790
2021 $594 $13,000 $1,210 $11,790
2020 $545 $13,000 $1,210 $11,790
2019 $495 $10,760 $1,190 $9,570
2018 $495 $10,760 $1,190 $9,570
2017 $54 $1,190 $1,190 $0
2015 -- $1,220 $1,220 $0
2014 -- $1,220 $1,220 $0
2013 -- $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10398446

Cooperative Arkansas REALTORS® MLS

APN: 0000-02116-0000