$169,000
SOLD NOV 8, 2024

23269 W Highway 72 Gravette, AR 72736

5 Acres
$32,500 Price per Acre
226,512 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

8 Days on Market

Highlights

  • Corner Lot
  • Gravette Middle School Rated A-
  • Partially Fenced Property

About This Lot

As of May 2025

Tract 5 of 5: Conveniently located 5.2 acres off of HWY 72 and five minutes west of downtown Gravette.
The parcel is situated at the corner of Benson Road and HWY 72. The property provides ample ground to build a new home in the country with quick access to Gravette and surrounding NWA communities. Water and electric at street. Existing 40' x 75' red iron pole barn conveys with the property. Sellers willing to build to suit your New Construction Home, Barndominium or Shop House. No mobile homes. Lot line adjustement to be completed prior to closing.

Last Agent to Sell the Property

Matthew Rateliff

United Country/Rateliff Lifestyle Properties Brokerage Phone: 479-888-4162 License #SA00084419 Listed on: 08/09/2024

Last Buyer's Agent

Brittnie Morris

Exit Realty Harper Carlton Group License #SA00088372

Exit Realty Harper Carlton Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $436

Lot Details

  • 5.2 Acre Lot
  • Property fronts a highway
  • Rural Setting
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot

Utilities

  • Septic Needed

Property Details

Property Type

Land

Est. Annual Taxes

$436

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.2
  • Road Frontage Type: County Road, Highway
  • Directions: Gravette go west on HWY 72 for 5.3 miles and property will be on left.
  • ResoPropertyType: Land
  • Attribution Contact: 479-888-4162
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Corner Lot, None, Rural Lot, Level
  • Topography: Cleared,Level

Utilities

  • Sewer: Septic Needed
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 436.0
  • Tax Block: ---
  • Tax Lot: ---

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Oct 30, 2023
Sold by
Pritchard Jerry Lee and Pritchard Ethel Melinda
Bought by
Payne Construction Inc
Seller's Agent
Tim Craig
United Country/Rateliff Lifestyle Properties
Buyer's Agent
Matthew Rateliff
United Country/Rateliff Lifestyle Properties
List Price
$775,000
Sold Price
$625,000
Premium/Discount to List
-$150,000
-19.35%
Total Days on Market
8
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.95%
Original Mortgage
$500,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2022
Sold by
Pritchard Jerry Lee and Pritchard Ethel Melinda
Bought by
Pritchard Jerry Lee and Pritchard Ethel Melinda

Purchase Details

Closed on
Dec 13, 2021
Sold by
Pritchard Farm Family Trust
Bought by
Pritchard Jerry Lee and Pritchard Ethel Melinda

Purchase Details

Closed on
Aug 31, 1964
Bought by
Pritchard

Purchase Details

Closed on
Aug 16, 1961
Bought by
Clark

Purchase Details

Closed on
Apr 18, 1957
Bought by
Frank
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 Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Deed -- None Listed On Document
Fiduciary Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $500,000 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $575,000 -4.0% $253 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $599,000 +254.4% $264 / Sq Ft
11/08/2024 11/08/24 Sold $169,000 0.0% $77 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $169,000 -73.0% $77 / Sq Ft
10/30/2023 10/30/23 Sold $625,000 -7.4% $287 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
08/12/2023 08/12/23 Price Changed $675,000 -12.9% $309 / Sq Ft
07/14/2023 07/14/23 For Sale $775,000 -- $355 / 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 $1,576 $35,572 $8,205 $27,367
2023 $816 $24,250 $3,900 $20,350
2022 $454 $24,250 $3,900 $20,350
2021 $418 $24,250 $3,900 $20,350
2020 $415 $17,230 $3,230 $14,000
2019 $415 $17,230 $3,230 $14,000
2018 $440 $17,230 $3,230 $14,000
2017 $394 $17,230 $3,230 $14,000
2016 $394 $17,230 $3,230 $14,000
2015 $733 $19,620 $2,660 $16,960
2014 $385 $19,620 $2,660 $16,960
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Matthew Rateliff

    United Country/Rateliff Lifestyle Properties

  • J

    Buyer's Agent in 2025

    Jennifer Cristofaro

    Mission House Real Estate

  • B

    Buyer's Agent in 2024

    Brittnie Morris

    Exit Realty Harper Carlton Group

  • T

    Seller's Agent in 2023

    Tim Craig

    United Country/Rateliff Lifestyle Properties

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1283626

Northwest Arkansas Board of REALTORS®

APN: 18-16191-000

Arkansas Benton County Gravette 72736

23269 W Highway 72, Gravette, AR

This home is located at 23269 W Highway 72, Gravette, AR 72736 and is currently priced at $169,000, approximately $77 per square foot. 23269 W Highway 72 is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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