NOT LISTED FOR SALE

2431 W Monroe Ave Lowell, AR 72745

Cave Springs Area

Estimated Value: $646,589 - $1,243,000

29.36 Acres
$28,139 Price per Acre
1,278,922 Sq Ft Lot

Sale Details

Date Sold: October 9, 2020

Last sale price $950,000 $652 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,612 / mo

60 Days on Market

Highlights

  • Home fronts a pond
  • Janie Darr Elementary School Rated A
  • 29.36 Acre Lot

About This Lot

As of October 2020

Developmental Potential! 29.36 Acres off W Monroe in Lowell. 482’ Hwy 264 road frontage. Cleared and level land with pond. Parcels include #12-02489-000,12-02010-604,12-02488-000, value in land and location. Easy access to XNA Airport and I-49. Fast growing area and an ideal investment opportunity!

Last Agent to Sell the Property

Somer Adams

Lindsey & Assoc Inc Branch License #EB00058486 Listed on: 07/10/2020

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Jesselyn Lising

Collier & Associates- Rogers Branch License #SA00079090

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,209

Lot Details

  • 29.36 Acre Lot
  • Home fronts a pond
  • Wire Fence
  • Cleared Lot
  • Zoning described as Agricultural

Additional Features

  • City Lot
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$1,209

Lot Details

29.36 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 29.36
  • Road Frontage Type: Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: From I-49 S take Exit 78 and turn west onto Monroe Ave. Continue on Monroe. Property will be on the left.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Wire
  • Lot Features: Cleared, City Lot, Not In Subdivision, Other, See Remarks
  • Topography: Cleared,Rolling
  • Waterfront Features: Pond
  • Disclosures: Flood Plain Disclosure

Utilities

  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Well

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 12-02489-000, 12-02010-604
  • Zoning Description: Agricultural
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Bought by
Current Estimated Value
$826,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 10, 2020
Closed on
Oct 9, 2020
Sold by
Bought by
Seller's Agent
Somer Adams
Lindsey & Assoc Inc Branch
Buyer's Agent
Jesselyn Lising
Collier & Associates- Rogers Branch
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.36%
Original Mortgage
$740,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Bought by

Purchase Details

Closed on
Jun 10, 1998
Bought by

Purchase Details

Closed on
Oct 11, 1995
Bought by

Purchase Details

Closed on
Mar 1, 1994
Bought by

Purchase Details

Closed on
Feb 16, 1994
Bought by

Purchase Details

Closed on
May 1, 1984
Bought by

Purchase Details

Closed on
Mar 14, 1984
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lowell, AR

  • Adam Flemming Real Estate Agent - Keller Williams Market Pro Realty

    Adam Flemming

    Keller Williams Market Pro Realty

    (479) 888-8131

    42 Total Sales

    1 in Cave Springs

    $600,000 Price

    Adam Flemming
     Section Image
  • Ellen Mitchell Real Estate Agent - Collier & Associates

    Ellen Mitchell

    Collier & Associates

    (479) 337-7502

    70 Total Sales

    3 in Cave Springs

    $525K - $1.1M Price Range

    Ellen Mitchell
     Section Image
  • Stephanie Truitt Real Estate Agent - Century 21 Lyons & Associates

    Stephanie Truitt

    Century 21 Lyons & Associates

    (479) 373-5109

    72 Total Sales

    2 in Cave Springs

    $361K - $745K Price Range

    Stephanie Truitt
     Section Image
  • Vicky Hobson Real Estate Agent - Viridian Real Estate

    Vicky Hobson

    Viridian Real Estate

    (479) 337-7948

    51 Total Sales

    5 in Cave Springs

    $315K - $553K Price Range

    Vicky Hobson
     Section Image
  • Tina Parker Real Estate Agent - Legend Realty Inc

    Tina Parker

    Legend Realty Inc

    (479) 391-3446

    69 Total Sales

    1 in Cave Springs

    $447,000 Price

    Tina Parker
     Section Image
  • Jean Ann Gilbert Real Estate Agent - Crye-Leike Realtors - Bentonville

    Jean Ann Gilbert

    Crye-Leike Realtors - Bentonville

    (479) 391-3028

    145 Total Sales

    6 in Cave Springs

    $325K - $966K Price Range

    Jean Ann Gilbert
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 Waco Title
$950,000 Waco Title
-- --
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $754,889
Closed $427,500
Previous Owner $740,000
Previous Owner $740,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $950,000 -13.6% $652 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $1,100,000 -- $755 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $853 $14,860 $14,860
2024 $1,692 $45,742 $14,860 $30,882
2023 $1,539 $28,920 $8,240 $20,680
2022 $1,686 $28,920 $8,240 $20,680
2021 $1,680 $28,920 $8,240 $20,680
2020 $819 $20,510 $5,730 $14,780
2019 $788 $20,510 $5,730 $14,780
2018 $813 $20,510 $5,730 $14,780
2017 $741 $20,510 $5,730 $14,780
2016 $741 $20,510 $5,730 $14,780
2015 $1,104 $20,750 $6,480 $14,270
2014 $754 $24,730 $9,450 $15,280
Source: Public Records

Agents Affiliated with this Home

  • Somer Adams Real Estate Agent - Lindsey & Assoc Inc Branch

    Seller's Agent in 2020

    Somer Adams

    Lindsey & Assoc Inc Branch

    (479) 601-3732

    302 Total Sales

    Somer Adams
    Section Image

  • J

    Buyer's Agent in 2020

    Jesselyn Lising

    Collier & Associates- Rogers Branch

    (479) 426-8633

    110 Total Sales

    Jesselyn Lising
    Section Image
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Map

Source: ArkansasOne MLS

MLS Number: 1153289

ArkansasOne MLS

APN: 12-02488-000

Arkansas Benton County Lowell 72745

2431 W Monroe Ave, Lowell, AR

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.

ArkansasOne MLS 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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