NOT LISTED FOR SALE

3200 Old Greensboro Rd Jonesboro, AR 72405

Estimated Value: $465,000 - $1,606,917

10 Acres
$84,797 Price per Acre
435,600 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $1,250,000 $411 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $4,884/month

88 Days on Market

About This Lot

As of September 2020

A 10 acre tract of land on Hwy 351 adjacent to the entrance to Sage Meadows along the golf course. The property is zoned R-3 Multi Family which allows a maximum of 18 units per acre. CWL has approved for 144 units to be hooked up to sewer now and the remaining 36 units to be built and hooked onto sewer when a new proposed sewer line form Sage Meadows to NEA hospital has been built.

Last Agent to Sell the Property

Carroll Caldwell

Coldwell Banker/Village Comm License #00001692 Listed on: 03/19/2020

Coldwell Banker/Village Comm

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,868

Lot Details

  • 10 Acre Lot
  • Property fronts a highway
  • Barbed Wire
  • Perimeter Fence

Schools

  • Nettleton Elementary And Middle School

Property Details

Property Type

Land

Est. Annual Taxes

$4,868

Lot Details

0

Listing Details

  • Type: Vacant Land
  • Property Sub Type: Acreage
  • Legal Description: 34-15-04
  • Extras: Storage Building
  • Special Features: None
  • Stories: 0

Exterior Features

  • Flood Zone: No
  • Fencing Features: Barb Wire, Perimeter
  • Road Surface Access: State Highway

Utilities

  • Electric Features: CW&L
  • Sewer Septic: Sewer Available
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Lot Info

  • Acres: 10.0000
  • Lot Measurement: A
  • Lot Size Sq Ft: 435600.00
  • Price Per Acre: 125000.00
  • Land Type: Multi-Family
  • Lot Description: Highway Frontage
  • Price Per Acre: 135000.00

MLS Schools

  • Elementary School: Nettleton
  • Jr High School: Nettleton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jul 1, 2019
Sold by
Centerline Llc
Bought by
Gera Investments Llc
Seller's Agent
David Howell
Coldwell Banker/Village Comm
Buyer's Agent
Jerry L Halsey, Jr.
Halsey Real Estate
List Price
$1,375,000
Sold Price
$975,000
Premium/Discount to List
-$400,000
-29.09%
Current Estimated Value
$847,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,028
Avg. Annual Appreciation
-2.16%
Original Mortgage
$1,600,000
Interest Rate
3.9%
Mortgage Type
Construction
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
Gera Investments Llc $1,300,000 Professional Title
Centerline Llc $975,000 Community Abstract & Title
Centerline Llc -- Community Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Centerline Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $1,250,000 -7.4% $411 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $1,350,000 +38.5% $443 / Sq Ft
07/01/2019 07/01/19 Sold $975,000 -29.1% $320 / Sq Ft View Prior Sale
12/19/2017 12/19/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $1,375,000 -- $452 / Sq Ft
Source: Northeast 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 $4,868 $112,670 $20,898 $91,772
2024 $4,868 $112,670 $20,898 $91,772
2023 $4,369 $112,670 $20,898 $91,772
2022 $4,005 $112,670 $20,898 $91,772
2021 $3,748 $77,938 $4,790 $73,148
2020 $3,748 $77,938 $4,790 $73,148
2019 $2,261 $78,210 $5,280 $72,930
2018 $2,286 $78,210 $5,280 $72,930
2017 $2,286 $78,210 $5,280 $72,930
2016 $2,286 $54,760 $5,280 $49,480
2015 $2,631 $54,760 $5,280 $49,480
2014 $2,286 $54,760 $5,280 $49,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10085782

Northeast Arkansas Board of REALTORS®

APN: 01-154342-00100