NOT LISTED FOR SALE

Estimated Value: $708,713

0.5 Acre
$1,417,426 Price per Acre
21,780 Sq Ft Lot

Last Sold October 29, 2019

Last sale price $85,000

Est. 734% increase in value since last sale

Current estimated payment $3,775/month

33 Days on Market

About This Lot

As of October 2019

Cleared +/- .5 acre lot on Bowman in fast growing area. Used to be RSVP Catering, but the building burned, now the site is cleared. Currently zoned R2 with land use plan MOC (multi-family, office, commercial), so it could be just about anything you want. Should not be hard to get new zoning with a planned development through City of LR Planning. Water & sewer & electric available, not sure about gas on this part of the street yet. In flood zone because close to creek, see images. See agent remarks.

Last Agent to Sell the Property

Eric Pinter

Clarity Real Estate Listed on: 09/26/2019

Last Buyer's Agent

Valentine Hansen

RE/MAX Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $37

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Location

  • Flood Insurance May Be Required

Property Details

Property Type

Land

Est. Annual Taxes

$37

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 09/26/2019
  • Price Per Sq Ft: 170000
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Commercial Lot
  • Price Per Acre: 170000
  • Sold Price Per Acre: 170000
  • Transportation: Near Interstate
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)

Lot Info

  • Estimated Lot Size: 0.5
  • Estimated Lot Size: 21780
  • Lot: Level, Flood Insurance Required
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 31.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2019
Sold by
Rsvp Catering Llc
Bought by
Cool Projects Inc
Current Estimated Value
$708,713

Purchase Details

Closed on
Sep 30, 2003
Sold by
Wildgen George and Wildgen Mary
Bought by
Rsvp Catering Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
6.24%
Mortgage Type
Commercial
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
Cool Projects Inc $78,601 None Available
Rsvp Catering Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rsvp Catering Llc $327,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $85,000 0.0% --
09/26/2019 09/26/19 For Sale $85,000 -- --
Source: Cooperative Arkansas REALTORS® MLS

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
2024 $37 $16,802 $16,802 --
2023 $37 $16,802 $16,802 $0
2022 $34 $16,802 $16,802 $0
2021 $32 $450 $450 $0
2020 $32 $450 $450 $0
2019 $32 $45,600 $21,580 $24,020
2018 $1,612 $45,600 $21,580 $24,020
2017 $1,364 $45,600 $21,580 $24,020
2016 $1,240 $68,340 $54,010 $14,330
2015 $1,159 $54,010 $54,010 $0
2014 $1,159 $54,010 $54,010 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19031469

Cooperative Arkansas REALTORS® MLS

APN: 44L-142-00-032-00