NOT LISTED FOR SALE

2509 W Monroe Ave Lowell, AR 72745

Cave Springs Area

Estimated Value: $728,000 - $2,020,000

12.26 Acres
$124,263 Price per Acre
534,046 Sq Ft Lot

Sale Details

Date Sold: March 31, 2021

Last sale price $1,175,000 $1,958 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $8,359 / mo

104 Days on Market

Highlights

  • 12.26 Acre Lot
  • Pond
  • Level Lot
  • Janie Darr Elementary School Rated A

About This Lot

As of March 2021

12.26 acres newly zoned commercial and has been shaping up to be an Event Center. Permits have been approved, property has perked, City of Lowell approved, Architectural and Civil plans ready, building pad ready. This project has block on site for a designed retaining wall, building packages on site for a 25,000 sqft and a 12,500 sqft Metal building (not erected). There is 395’ of Frontage on Monroe Ave.

This is an amazing location for any business! Also send Mls 1166745

Last Agent to Sell the Property

Sara Posey

Collier & Associates License #EB00060940 Listed on: 11/16/2020

Collier & Associates

Last Buyer's Agent

Kevin Kestner

Kelley Commercial Partners NW License #SA00084602

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

  • $1,068

Lot Details

  • 12.26 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Cleared Lot
  • Zoning described as Commercial

Additional Features

  • Pond
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$1,068

Lot Details

12.26 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 12.26
  • Road Frontage Type: Highway, Main Thoroughfare
  • Directions: From I-49 heading North, take exit 78 onto w monroe ave. Turn left on West Monroe. 2.5 miles the property is on your left and is 12.26 acres on the corner.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Commercial, Development

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, None, Level, Pond
  • Topography: Level

Utilities

  • Water Source: Well

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning Description: Commercial
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1068.0
  • 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

Listed on
Nov 16, 2020
Closed on
Mar 31, 2021
Sold by
Bought by
Seller's Agent
Sara Posey
Collier & Associates
Buyer's Agent
Kevin Kestner
Kelley Commercial Partners NW
List Price
$1,325,000
Sold Price
$1,175,000
Premium/Discount to List
-$150,000
-11.32%
Current Estimated Value
$1,523,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,466
Avg. Annual Appreciation
4.93%
Original Mortgage
$249,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,354,755
Interest Rate
4.7%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
Yuliya Colvin
The Griffin Company Commercial Division-Springdale
Buyer's Agent
Roger Wingert
Wingert Development LLC dba Rogers NWA Real Estate
List Price
$559,900
Sold Price
$430,000
Premium/Discount to List
-$129,900
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Jan 19, 2001
Bought by

Purchase Details

Closed on
Mar 19, 1999
Bought by

Purchase Details

Closed on
Jul 13, 1988
Bought by

Purchase Details

Closed on
Mar 25, 1982
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

  • 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
  • Lucirene Pinto Real Estate Agent - Lindsey & Assoc Inc Branch

    Lucirene Pinto

    Responds Quickly

    Lindsey & Assoc Inc Branch

    (616) 816-1970

    38 Total Sales

    6 in Cave Springs

    $520K - $1.2M Price Range

    Lucirene Pinto
     Section Image
  • Auri Eves Real Estate Agent - Lindsey & Assoc Inc Branch

    Auri Eves

    Lindsey & Assoc Inc Branch

    (479) 339-5386

    20 Total Sales

    3 in Cave Springs

    $305K - $570K Price Range

    Auri Eves
     Section Image
  • Kellie Naylor Real Estate Agent - Viridian Real Estate

    Kellie Naylor

    Viridian Real Estate

    (531) 229-1880

    95 Total Sales

    3 in Cave Springs

    $285K - $650K Price Range

    Kellie Naylor
     Section Image
  • Grant Ginder Real Estate Agent - Keller Williams Market Pro Realty

    Grant Ginder

    Keller Williams Market Pro Realty

    (479) 777-2868

    48 Total Sales

    4 in Cave Springs

    $330K - $626K Price Range

    Grant Ginder
     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
$1,175,000 Waco Title
-- Advantage Title & Escrow Llc
$430,000 Advantage Title & Escrow
-- --
-- --
-- --
-- --
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
Closed $850,000
Closed $750,000
Closed $249,000
Closed $249,000
Previous Owner $2,354,755
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 Prior Sale
03/31/2021 03/31/21 Sold $1,175,000 -11.3% $1,958 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $1,325,000 +208.1% $2,208 / Sq Ft
11/22/2017 11/22/17 Sold $430,000 -23.2% $717 / Sq Ft View Prior Sale
10/23/2017 10/23/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $559,900 -- $933 / 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 $22 $385 $385
2024 $20 $385 $385
2023 $20 $380 $380 $0
2022 $24 $380 $380 $0
2021 $24 $380 $380 $0
2020 $23 $390 $390 $0
2019 $22 $390 $390 $0
2018 $1,139 $20,080 $11,170 $8,910
2017 $789 $20,080 $11,170 $8,910
2016 $718 $20,080 $11,170 $8,910
2015 $1,715 $45,220 $36,720 $8,500
2014 $1,365 $45,220 $36,720 $8,500
Source: Public Records

Agents Affiliated with this Home

  • Sara Posey Real Estate Agent - Collier & Associates

    Seller's Agent in 2021

    Sara Posey

    Collier & Associates

    (479) 685-2483

    120 Total Sales

    Sara Posey
    Section Image
  • Kevin Kestner Real Estate Agent - Kelley Commercial Partners NW

    Buyer's Agent in 2021

    Kevin Kestner

    Kelley Commercial Partners NW

    (479) 332-4214

    5 Total Sales

    Kevin Kestner
    Section Image

  • Y

    Seller's Agent in 2017

    Yuliya Colvin

    The Griffin Company Commercial Division-Springdale

    Section Image

  • R

    Buyer's Agent in 2017

    Roger Wingert

    Wingert Development LLC dba Rogers NWA Real Estate

    (479) 640-5077

    24 Total Sales

    Roger Wingert
    Section Image
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Map

Source: ArkansasOne MLS

MLS Number: 1166824

ArkansasOne MLS

APN: 12-02485-000

Arkansas Benton County Lowell 72745

2509 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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