NOT LISTED FOR SALE

Estimated Value: $380,000 - $800,000

48 Acres
$12,655 Price per Acre
2,090,880 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $1,787,500

Current estimated payment $3,502/month

237 Days on Market

Highlights

  • 48 Acre Lot
  • Wooded Lot
  • Stone Wall
  • Washington Elementary School Rated 9+
  • Property is near a golf course
  • Level Lot

About This Lot

As of August 2023

Substantial change!! An additional 16 acres have now been added plus a price reduction. Perfect 48 acres filled with endless possibilities!!!!! With sweeping views, this 48 acre hilltop property is less than 10 minutes to downtown Fayetteville and the University of Arkansas and only a hop, skip and a jump from Fayetteville Country Club. Fayetteville schools. This property would be perfect to develop/subdivide or to build your dream home! Motivated seller willing to share preliminary subdivision plat for 51 lots. 2 small homes on property are likely tear-down and included as-is. Don't miss out on this incredible developmental opportunity with some of the most gorgeous views overlooking all of fayetteville!! Centralized home with almost 3 acres is owned by another party but is also listed for sale via a separate listing.

Last Agent to Sell the Property

Valeria Quiroga Trigo

Homes & Spaces Real Estate License #SA00093485 Listed on: 11/02/2022

Co-Listed By

Jessica Godsey

Carlton Realty, Inc License #EB00089737

Last Buyer's Agent

Jennifer M Sims

Lindsey & Associates Inc License #EB00081886

Lindsey & Associates Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,657

Lot Details

  • 48 Acre Lot
  • Stone Wall
  • Partially Fenced Property
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Additional Features

  • Property is near a golf course
  • Not Connected to Sewer

Community Details

  • Fayetteville Outlots Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,657

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 48.0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 93103
  • Co List Office Phone: 479-274-0662
  • Subdivision Name: Fayetteville Outlots
  • Directions: From I-49 take exit 62. Go east toward the U of A, turn right onto School Ave, left on W 24th, and left on Askew. Property on left. (Gated house on East side of property not included in listing)
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Partial, Stone, Wall
  • Lot Features: Cleared, Near Golf Course, Open Lot, Other, See Remarks, Wooded, Level
  • Topography: Cleared,Level,Rolling

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 765-15325-001, 765-15357-000, 765-18773-000, 765-15297-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2657.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Aug 31, 2023
Sold by
Starr Road Development And Investment Ll
Bought by
Lark Llc
Seller's Agent
Valeria Quiroga Trigo
Homes & Spaces Real Estate
Buyer's Agent
Jennifer M Sims
Lindsey & Associates Inc
List Price
$2,183,999
Sold Price
$1,787,500
Premium/Discount to List
-$396,499
-18.15%
Views
79
Current Estimated Value
$607,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,180,069
Avg. Annual Appreciation
-38.24%

Purchase Details

Closed on
May 31, 2015
Bought by
Askew Nona B Revocable Trust

Purchase Details

Closed on
Jan 15, 1995
Bought by
Askew Nona B

Purchase Details

Closed on
Mar 15, 1990
Bought by
Askew Johnd D and Askew Bernice

Purchase Details

Closed on
Jan 1, 1985
Bought by
Askew John D and Askew Bernice
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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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
Lark Llc $1,787,500 None Listed On Document
Askew Nona B Revocable Trust -- --
Askew Nona B -- --
Askew Johnd D -- --
Askew John D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $1,787,500 -18.2% --
06/27/2023 06/27/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $2,183,999 +22.2% --
05/07/2023 05/07/23 Off Market $1,787,500 -- --
02/14/2023 02/14/23 Price Changed $2,183,999 -9.0% --
11/02/2022 11/02/22 For Sale $2,399,999 -- --
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 $3,522 $61,680 $61,680 $0
2024 $5,565 $97,640 $61,680 $35,960
2023 $3,448 $97,640 $61,680 $35,960
2022 $3,140 $61,770 $45,920 $15,850
2021 $2,899 $61,770 $45,920 $15,850
2020 $2,657 $61,770 $45,920 $15,850
2019 $2,416 $41,610 $21,220 $20,390
2018 $2,416 $41,610 $21,220 $20,390
2017 $2,390 $41,610 $21,220 $20,390
2016 $2,395 $41,610 $21,220 $20,390
2015 $2,283 $41,610 $21,220 $20,390
2014 $9,362 $174,180 $38,910 $135,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1232598

Northwest Arkansas Board of REALTORS®

APN: 765-15325-000