NOT LISTED FOR SALE

401 E Velma Ave Springdale, AR 72764

Estimated Value: $83,000 - $111,000

0.17 Acre
$545,406 Price per Acre
7,405 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $80,000 $84 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $539/month

6 Days on Market

Highlights

  • Corner Lot
  • Trails
  • Partially Fenced Property

About This Lot

As of August 2024

Opportunity knocks with this available lot in a popular Springdale location. Whether you're a developer looking for a new project or an individual ready to create your forever home, this property offers the space and location to bring your vision to life. Close to essential amenities and community attractions, it's a great place to build.

Last Agent to Sell the Property

The Moldenhauer Group

RE/MAX Associates, LLC Brokerage Phone: 479-684-5757 Listed on: 08/03/2024

Last Buyer's Agent

Ligia Martinez

Fathom Realty License #SA00074511

Fathom Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $682

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot

Utilities

  • Not Connected to Sewer

Listing and Financial Details

  • Tax Block 10

Community Details

Overview

  • Hayes First Add Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$682

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Hayes First Add
  • Directions: From 412 E, turn left on Powell St. Turn left on Velma Ave. Property is on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Attribution Contact: 479-684-5757
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial
  • Lot Features: Central Business District, Cleared, Corner Lot, Neighborhood, Level
  • Topography: Level

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Trails/Paths

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 682.0
  • Tax Block: 10
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Linda G Warner Living Trust
Bought by
Independence Realty Group Llc
Current Estimated Value
$92,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,800
Outstanding Balance
$14,673
Interest Rate
2.7%
Mortgage Type
Construction
Estimated Equity
$78,046

Purchase Details

Closed on
Jan 1, 1985
Bought by
High Harold C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Independence Realty Group Llc $35,000 Advantage Title
High Harold C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Independence Realty Group Llc $75,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Sold $80,000 -5.9% $84 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $85,000 -19.0% $90 / Sq Ft
02/02/2024 02/02/24 Sold $105,000 -12.5% $111 / Sq Ft View Prior Sale
01/29/2024 01/29/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $120,000 +14.3% $127 / Sq Ft
12/31/2023 12/31/23 Off Market $105,000 -- --
12/26/2023 12/26/23 Price Changed $120,000 -14.3% $127 / Sq Ft
10/21/2023 10/21/23 For Sale $140,000 -- $148 / Sq Ft
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 $651 $12,600 $12,600 $0
2024 $682 $14,000 $14,000 $0
2023 $638 $14,000 $14,000 $0
2022 $580 $11,000 $3,500 $7,500
2021 $568 $11,000 $3,500 $7,500
2020 $521 $11,000 $3,500 $7,500
2019 $98 $8,980 $4,000 $4,980
2018 $123 $8,980 $4,000 $4,980
2017 $119 $8,980 $4,000 $4,980
2016 $244 $11,380 $6,400 $4,980
2015 $244 $11,380 $6,400 $4,980
2014 $729 $13,970 $8,000 $5,970
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Moldenhauer Group

    RE/MAX

    (479) 341-5531

    94 in this area

    966 Total Sales

    The Moldenhauer Group
    Section Image
  • Jarred Blackstone

    Seller's Agent in 2024

    Jarred Blackstone

    Harris Heights Realty

    (479) 684-6163

    29 in this area

    158 Total Sales

    Jarred Blackstone
    Section Image

  • L

    Buyer's Agent in 2024

    Ligia Martinez

    Fathom Realty

    (479) 381-0550

    8 in this area

    35 Total Sales

    Ligia Martinez
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1282941

Northwest Arkansas Board of REALTORS®

APN: 815-22456-000

Arkansas Washington County Springdale 72764

401 E Velma Ave, Springdale, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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