NOT LISTED FOR SALE

431 E Johnson Ave Unit Lot 2&4/6 Cave Springs, AR 72718

Estimated Value: $289,000 - $508,000

0.66 Acre
$619,192 Price per Acre
28,750 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $165,000

Est. 148% increase in value since last sale

Current estimated payment $2,199/month

283 Days on Market

Highlights

  • 0.66 Acre Lot
  • Corner Lot
  • Trails
  • Evening Star Elementary School Rated A
  • Landscaped with Trees
  • 1-minute walk to Cave Springs City Park

About This Lot

As of September 2021

Looking to build your dream home? Two lots make up 0.66 acre corner lot. Gas and septic onsite from previous home, electric at street. Previous home was 1,943 sf and was demolished after the 2019 tornado. Some hardwoods remain onsite. Blocks away from proposed Bike/Ped path and regional trail connectors. Minutes to XNA, Promenade and I49. Take a stroll to Main Street or to the City Park. No HOA or POA. Bentonville Schools (Central Park, FJHS, BHS)

Last Agent to Sell the Property

Collective Team

The Agency Northwest Arkansas Listed on: 11/20/2020

The Agency Northwest Arkansas

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,065

Lot Details

  • 0.66 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Landscaped with Trees

Additional Features

  • City Lot
  • Mobile Home Allowed
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2 & 4

Community Details

Overview

  • Venters 1St Add Cave Spgs Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,065

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.66
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Venters 1st Add Cave Spgs
  • Directions: From I49:Exit 78:AR-264W/WMonroe, head west, Left on Clayton Road, Right onto E Johnson Ave, lots are at the west corner of E Johnson Ave/Venters Drive.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, City Lot, Hardwood Trees, Mobile Home Allowed, None, Open Lot, Level
  • Topography: Cleared,Level

Utilities

  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Additional Parcels Description: 05-10511-000 Lot 6 Venters 1st Add
  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Block: -
  • Tax Lot: 2 & 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2024
Sold by
Wise Masae U
Bought by
Masae U Wise Revocable Trust and Wise
Current Estimated Value
$408,667

Purchase Details

Closed on
Apr 16, 2015
Bought by
Crosswhite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2011
Bought by
Dod 5 and Dod 011

Purchase Details

Closed on
Sep 11, 1997
Bought by
Hendrix Tr (2P)

Purchase Details

Closed on
Jul 28, 1995
Bought by
Dod Dod 7 and Dod 28

Purchase Details

Closed on
Dec 9, 1992
Bought by
Smith

Purchase Details

Closed on
Mar 2, 1992
Bought by
Berker

Purchase Details

Closed on
Nov 15, 1991
Bought by
Mcguire
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
Masae U Wise Revocable Trust -- None Listed On Document
Wise Masae U -- None Listed On Document
Crosswhite $145,000 --
Crosswhite Sarah A $145,000 --
Dod 5 -- --
Hendrix Tr (2P) $83,000 --
Dod Dod 7 -- --
Smith $74,000 --
Berker $74,000 --
Askew -- --
Mcguire $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crosswhite Sarah A $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $165,000 -40.0% --
08/31/2021 08/31/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $275,000 -- --
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 $282 $17,000 $17,000 --
2024 $270 $17,000 $17,000 $0
2023 $245 $4,000 $4,000 $0
2022 $242 $4,000 $4,000 $0
2021 $226 $4,000 $4,000 $0
2020 $207 $3,400 $3,400 $0
2019 $1,065 $28,560 $3,400 $25,160
2018 $1,391 $28,560 $3,400 $25,160
2017 $1,395 $28,560 $3,400 $25,160
2016 $1,395 $28,560 $3,400 $25,160
2015 $1,457 $24,670 $2,280 $22,390
2014 $1,097 $24,510 $2,280 $22,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1167141

Northwest Arkansas Board of REALTORS®

APN: 05-10508-000