$449,900
$125K PRICE DROP

3240 W Old Farmington Rd Fayetteville, AR 72704

West 62 Neighborhood

Estimated payment $2,756/month

Total Views 79,794
3.05 Acres
$147,508 Price per Acre
132,858 Sq Ft Lot

Highlights

  • 3.05 Acre Lot
  • Partially Wooded Lot
  • Trails
  • Fayetteville High School Rated A
  • Public Transportation

About This Lot

3.05 Acres beside Centennial Park. Home has been remodeled but most of the value is in the land. Near U of A with quick easy access to I 49 as well. Centennial Park is next door with bike trails and all the other amenities it has to offer. New subdivision being built out on the east side Centennial park on the north and the West. Also listed as residential mls # 1259911 Home has a renter in it currently

Listing Agent

Duane Wright, ALC

Collier & Associates- Rogers Branch Brokerage Phone: 479-633-7411 License #EB00082647 Listed on: 11/02/2023

Collier & Associates- Rogers Branch

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,201

Lot Details

  • 3.05 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

Recreation

  • Trails

Additional Features

  • Fayetteville Outlots Subdivision
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$3,201

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.05
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Fayetteville Outlots
  • Directions: From I 49 turn rt onto Old Farmington Rdd to 3240 Old Farmington Rd or from MLK/Old Hwy 62 go west and turn right onto Old Farmington Rd. Follow 3240 Old Farmington Rd Lockbox is on Orange Gate.
  • ResoPropertyType: Land
  • Attribution Contact: 479-633-7411
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Not In Subdivision
  • Topography: Cleared

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Biking, Public Transportation, Suburban, Trails/Paths
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 765-14755-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3201.0
  • Tax Block: N/A
  • Tax Lot: N/A

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,650 $55,410 $35,630 $19,780
2023 $2,469 $55,410 $35,630 $19,780
2022 $2,245 $38,740 $26,900 $11,840
2021 $2,245 $38,740 $26,900 $11,840
2020 $1,242 $38,740 $26,900 $11,840
2019 $1,129 $19,490 $9,000 $10,490
2018 $779 $19,490 $9,000 $10,490
2017 $77 $19,490 $9,000 $10,490
2016 $770 $19,490 $9,000 $10,490
2015 $676 $19,490 $9,000 $10,490
2014 $632 $18,260 $9,000 $9,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Price Changed $449,900 -10.0% $301 / Sq Ft
02/20/2024 02/20/24 Price Changed $499,900 -4.8% $334 / Sq Ft
01/31/2024 01/31/24 Price Changed $524,900 -8.7% $351 / Sq Ft
10/28/2023 10/28/23 For Sale $575,000 +601.2% $384 / Sq Ft
04/17/2020 04/17/20 Sold $82,000 +607.5% $55 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $11,590 -- $8 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $82,000 City Title & Closing
Deed $75,124 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,500 New Conventional
Previous Owner $76,500 Fannie Mae Freddie Mac
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1260229

Northwest Arkansas Board of REALTORS®

APN: 765-14755-000