NOT LISTED FOR SALE

255 Gerald Holt Way Hackett, AR 72937

Estimated Value: $182,000 - $232,000

22 Acres
$9,167 Price per Acre
958,320 Sq Ft Lot

Last Sold October 16, 2023

Last sale price $175,000 $80 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,169/month

107 Days on Market

Highlights

  • Partially Wooded Lot
  • Views
  • Level Lot
  • Westwood Elementary School Rated A

About This Lot

As of October 2023

Rare find! 22+/- acres located just off Mount Zion Road on Gerald Holt Way has become available to the market. There is a beautiful home site already established. A double door garage and workshop is on the land. The homesite is settled upon a hill with views. The backside of the property is a beautiful valley. Water is provided by James Fork. Arkansas Valley Electric and WAVE internet available to the area. Located in Award-Winning Greenwood School District. Minerals do not convey. Borders in pictures are approximate.

Last Agent to Sell the Property

Tonia Hobbs

McGraw REALTORS License #SA00076279 Listed on: 05/31/2023

McGraw REALTORS

Last Buyer's Agent

Chris Hacker

Mossy Oak Properties Field, Farm, & Homes License #SA00094417

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $853

Lot Details

  • 22 Acre Lot
  • Rural Setting
  • Wire Fence
  • Level Lot
  • Partially Wooded Lot

Home Design

  • Mixed Use

Schools

  • Greenwood Elementary And Middle School
  • Greenwood High School

Utilities

  • Septic Tank
  • Septic Needed

Additional Features

  • Outside City Limits
  • Mobile Home Allowed
  • Property Views

Community Details

  • Rural Property Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 60001-0000-03465-02

Property Details

Property Type

Land

Est. Annual Taxes

$853

Lot Details

0

Listing Details

  • Reso Property Sub Type: Mixed Use
  • Prop. Type: Land
  • ResoLotFeatures: Mobile Home Allowed, Outside City Limits, Rural Lot, Sloped, Views, Level, Wooded
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: F3119
  • ResoSpecialListingConditions: None
  • Subdivision Name: Rural Property
  • Directions: From Hwy 71 S in Greenwood turn right onto Mount Zion Rd. Right onto Gerald Holt Way. Stay straight on Gerald Holt Way when you see Johnnys Machine Shop the drive is right before that on the left. Travel safe.
  • Property Sub Type Additional: Mixed Use
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wire
  • Acres: 22.0
  • Topography: Level,Sloping
  • View: Yes

Utilities

  • Water Source: Other, See Remarks

Schools

  • Junior High Dist: Greenwood
  • Ninth Grade High School: Greenwood
  • Middle Or Junior School: Greenwood

Lot Info

  • Lot Dimensions: 22 acres
  • ResoLotSizeUnits: Acres
  • Parcel #: 60001-0000-03465-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 853.0
  • Tax Block: -
  • Tax Lot: 1

MLS Schools

  • Elementary School: Greenwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Oct 12, 2023
Sold by
Pennington Karen and Pennington Richard Lynn
Bought by
Jones Kendra and Jones Daniel John
Seller's Agent
Tonia Hobbs
McGraw REALTORS
Buyer's Agent
Chris Hacker
Mossy Oak Properties Field, Farm, & Homes
List Price
$235,000
Sold Price
$175,000
Premium/Discount to List
-$60,000
-25.53%
Views
7
Current Estimated Value
$216,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,333
Avg. Annual Appreciation
6.63%
Original Mortgage
$378,000
Outstanding Balance
$369,963
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
-$168,296

Purchase Details

Closed on
May 30, 2023
Sold by
Pennington Richard Lynn and Pennington Karen Gay
Bought by
Pennington Richard Lynn and Pennington Karen Gay

Purchase Details

Closed on
Sep 10, 2020
Sold by
Pennington Karen and Pennington Richard Lynn
Bought by
Pennington Karen and Pennington Richard Lynn

Purchase Details

Closed on
Nov 8, 2019
Sold by
Brady Deborah and Brady John
Bought by
Pennington Karen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Kendra $175,000 None Listed On Document
Pennington Richard Lynn -- None Listed On Document
Pennington Karen -- None Available
Pennington Karen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Kendra $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $175,000 -25.5% $80 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $235,000 -- $108 / Sq Ft
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 $469 $9,734 $5,774 $3,960
2024 $410 $8,690 $4,730 $3,960
2023 $803 $33,670 $4,730 $28,940
2022 $853 $33,670 $4,730 $28,940
2021 $853 $33,670 $4,730 $28,940
2020 $853 $33,670 $4,730 $28,940
2019 $818 $33,370 $3,080 $30,290
2018 $843 $33,370 $3,080 $30,290
2017 $843 $33,370 $3,080 $30,290
2016 $1,192 $33,370 $3,080 $30,290
2015 $1,146 $33,370 $3,080 $30,290
2014 $841 $24,260 $2,595 $21,665
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tonia Hobbs

    McGraw REALTORS

    (479) 719-5488

    120 Total Sales

    Tonia Hobbs
    Section Image

  • C

    Buyer's Agent in 2023

    Chris Hacker

    Mossy Oak Properties Field, Farm, & Homes

    (479) 312-7876

    37 Total Sales

    Chris Hacker
    Section Image
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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1065376

APN: 60001-0000-03465-02

Arkansas Sebastian County Hackett 72936

255 Gerald Holt Way, Hackett, AR

Not Listed for Sale

Lots

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