NOT LISTED FOR SALE

2797 S Olive Ct Siloam Springs, AR 72761

Estimated Value: $310,000 - $438,523

1.5 Acres
$254,421 Price per Acre
65,340 Sq Ft Lot

Last Sold April 24, 2018

Last sale price $28,000

Est. 1,263% increase in value since last sale

Current estimated payment $2,307/month

687 Days on Market

About This Lot

As of April 2018

New lots in a quiet subdivision on the south side of Siloam Springs; small wooded preserve at the back of the subdivision.

Last Agent to Sell the Property

Scott Hill

Hilltown Commercial Realty License #PB00064576 Listed on: 05/06/2016

Last Buyer's Agent

Christina Drake

Coldwell Banker Harris McHaney & Faucette -Fayette License #EB00055104

Coldwell Banker Harris McHaney & Faucette -Fayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $242

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Cleared Lot

Additional Features

  • City Lot
  • Not Connected to Sewer

Community Details

  • Woodlands, The Ph 2 Siloam Spgs Subdivision

Listing and Financial Details

  • Legal Lot and Block 11R / C

Property Details

Property Type

Land

Est. Annual Taxes

$242

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.5
  • Road Frontage Type: Public Road
  • Subdivision Name: Woodlands, The Ph 2 Siloam Spgs
  • Directions: From Highway 412, S. on Hwy 59, right on Lake Frances Drive, cross railroad tracks, The Woodlands entrances are on your left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential
  • Special Features: None

Exterior Features

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

Utilities

  • Electricity On Property: Yes
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 242.0
  • Tax Block: C
  • Tax Lot: 11R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2018
Sold by
Kim Young Gurl and Kim Joung Min
Bought by
Kim Enae Mary and Nitz Will
Current Estimated Value
$381,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,642
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Listed on
May 6, 2016
Closed on
Apr 24, 2018
Sold by
The Woodlands Of Siloam Springs Llc
Bought by
Kim Young Gurl and Kim Joung Min
Seller's Agent
Scott Hill
Hilltown Commercial Realty
Buyer's Agent
Christina Drake
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.53%

Purchase Details

Closed on
Dec 27, 2004
Bought by
Cale Prop 31Ac
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
Kim Enae Mary -- Realty Title & Closing Servi
Kim Young Gurl $28,000 Realty Title & Closing Servi
Cale Prop 31Ac $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kim Enae Mary $265,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $28,000 -20.0% --
03/25/2018 03/25/18 Pending -- -- --
05/06/2016 05/06/16 For Sale $35,000 -- --
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
2025 $3,584 $89,265 $8,400 $80,865
2024 $3,511 $89,265 $8,400 $80,865
2023 $3,344 $58,060 $7,200 $50,860
2022 $2,966 $58,060 $7,200 $50,860
2021 $2,958 $58,060 $7,200 $50,860
2020 $138 $2,400 $2,400 $0
2019 $138 $2,400 $2,400 $0
2018 $138 $2,400 $2,400 $0
2017 $138 $2,400 $2,400 $0
2016 $138 $2,400 $2,400 $0
2015 $242 $4,200 $4,200 $0
2014 $242 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Hill

    Hilltown Commercial Realty

    (479) 443-3641

    2 Total Sales

    Scott Hill
    Section Image
  • Christina Drake

    Buyer's Agent in 2018

    Christina Drake

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 238-4868

    2 in this area

    5 Total Sales

    Christina Drake
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1016294

Northwest Arkansas Board of REALTORS®

APN: 03-05575-000

Arkansas Benton County Siloam Springs 72761

2797 S Olive Ct, Siloam Springs, AR

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