NOT LISTED FOR SALE

426 Sunset Dr Eureka Springs, AR 72631

Estimated Value: $89,630 - $98,000

3.27 Acres
$28,690 Price per Acre
142,441 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $89,000

Est. 5% increase in value since last sale

Current estimated payment $563/month

5 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • Creek or Stream
  • Eureka Springs Elementary School Rated A-
  • Interior Lot

About This Lot

As of May 2024

This 3+ acre lot is nestled in a private valley overlooking an excellent view of Beaver Lake! Starkey Marina is very close by and this lot has direct access to a subdivision owned, lake front owners use area. Mature trees for lots of shade and a wet-weather creek make this a very interesting property! A septic permit is already on file and this lot has access to community water!

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 04/16/2024

Last Buyer's Agent

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 04/16/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $841

Lot Details

  • 3.27 Acre Lot
  • Creek or Stream
  • Rural Setting
  • Interior Lot
  • Sloped Lot
  • Wooded Lot
  • Landscaped with Trees

Utilities

  • Natural Gas Not Available
  • Shared Well
  • Septic Needed

Additional Features

  • Lake Views
  • Outside City Limits

Community Details

  • Silver Summit Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 4

Property Details

Property Type

Land

Est. Annual Taxes

$841

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 3.27
  • Road Frontage Type: Shared
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: Silver Summit
  • Directions: From Eureka Springs: Take 62 west to left onto 187 at RiverLake gas station. 187 to left onto Mundell Road. Mundell Road to left into the Silver Summit subdivision. Take the next right onto Sunset Dr. and follow the road past 5 houses, continue down toward the lake. The lot entrance will be on your left near the bottom of the valley.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Interior Lot, None, Outside City Limits, Rural Lot, Subdivision, Stream/Creek, Sloped, Views, Wooded
  • Topography: Sloping
  • View: Lake
  • View: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available
  • Water Source: Community/Coop, Shared Well

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 841.0
  • Tax Block: 4
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 29, 2024
Sold by
Mclaughlin Anne and Chevillard Cyril
Bought by
Wilson Bruce D and Wilson Michelle L
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Adam Biossat
Bay Realty, Inc.
List Price
$95,000
Sold Price
$89,000
Premium/Discount to List
-$6,000
-6.32%
Views
15
Current Estimated Value
$93,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,815
Avg. Annual Appreciation
3.35%
Original Mortgage
$57,850
Outstanding Balance
$52,182
Interest Rate
9.25%
Mortgage Type
New Conventional
Estimated Equity
$41,633

Purchase Details

Closed on
Mar 16, 2021
Sold by
Sprowso Michael P and Sprowso Berts
Bought by
Mclaughlin Anne and Mclaughlin Cyril

Purchase Details

Closed on
May 8, 1990
Sold by
Honea
Bought by
Sprowso
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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Purchase History

Date Buyer Sale Price Title Company
Wilson Bruce D $89,000 None Listed On Document
Wilson Bruce D $89,000 None Listed On Document
Mclaughlin Anne $72,500 Kings River Title
Sprowso $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Bruce D $57,850
Closed Wilson Bruce D $57,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $89,000 -6.3% --
04/22/2024 04/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $95,000 -- --
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 $875 $18,200 $18,200 $0
2024 $900 $15,600 $15,600 $0
2023 $924 $19,200 $19,200 $0
2022 $1,014 $19,200 $19,200 $0
2021 $436 $8,000 $8,000 $0
2020 $436 $8,000 $8,000 $0
2019 $436 $8,000 $8,000 $0
2018 $436 $8,000 $8,000 $0
2017 $436 $8,000 $8,000 $0
2016 $436 $8,000 $8,000 $0
2015 $408 $8,000 $8,000 $0
2014 -- $6,860 $6,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1272488

Northwest Arkansas Board of REALTORS®

APN: 426-00021-000