NOT LISTED FOR SALE

4866 Interstate 40 Proctor, AR 72376

Estimated Value: $324,000 - $364,000

3 Beds
3.5 Baths
2,790 Sq Ft
$124/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $325,000 $116 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,033/month

4 Days on Market

Highlights

  • 31 Acre Lot
  • Main Floor Primary Bedroom
  • In-Law or Guest Suite
  • Traditional Architecture
  • Formal Dining Room

About This Home

As of August 2024

Here is your chance to own a privately gated sprawling 31-acre estate WITH a private airstrip. This magnificent property at 4866 Interstate 40, Proctor, AR, offers an unparalleled blend of luxury, comfort, and convenience. Located in the Marion School District, this gem is perfect for families and aviation enthusiasts alike. This home boasts three spacious bedrooms and three and a half bathrooms, providing 2,790 square feet of living space. The master suite features an ensuite bath, while the additional bedrooms offer ample closet space and comfort for family and guests. The fully remodeled kitchen is a highlight, equipped with modern appliances and finishes, granite countertops, and abundant cabinetry, making it ideal for home chefs and entertaining guests.?The expansive outdoor features include a serene, fully stocked pond perfect for fishing or taking a ride on the paddle boat that conveys with the property! Aviation enthusiasts will appreciate the private airstrip and the hangar with extensive storage space for aircraft, a kitchenette, and a full bathroom. Additionally, the property includes two well-maintained shops, suitable for equipment and extra storage.

Last Agent to Sell the Property

Drew Griebel

New Horizon Real Estate Listed on: 07/12/2024

Last Buyer's Agent

NON MEMBER

NON-MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 31 Acre Lot
  • Rural Setting

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 07/12/2024
  • Type: Rural Residential
  • Estimated Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv
  • Estimated Sq Ft: 2790
  • Bedrooms: 3
  • Foundation: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Stories: Two Story

Lot Info

  • Estimated Lot Size: 31
  • Estimated Lot Size: 1350360 SqFt
  • Geo Subdivision: AR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 16, 2024
Sold by
Hillis Gary Delane and Hillis Sharon
Bought by
Williams Patrick
Seller's Agent
Drew Griebel
New Horizon Real Estate
Buyer's Agent
NON MEMBER
NON-MEMBER
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%
Views
24
Current Estimated Value
$344,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,727
Avg. Annual Appreciation
4.43%
Original Mortgage
$225,000
Outstanding Balance
$222,090
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$122,637

Purchase Details

Closed on
Dec 13, 2012
Sold by
Nimmo John L
Bought by
Hillis Gary D

Purchase Details

Closed on
Nov 20, 2012
Sold by
Nimmo John L
Bought by
Hillis Gary D

Purchase Details

Closed on
Aug 16, 2005
Sold by
Not Provided
Bought by
Nimmo John L and Nimmo Shirley D

Purchase Details

Closed on
Jan 1, 1913
Bought by
To

Purchase Details

Closed on
Jan 1, 1912
Bought by
To

Purchase Details

Closed on
Jan 1, 1910
Bought by
To
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
Williams Patrick $325,000 Stewart Title
Hillis Gary D $150,000 --
Hillis Gary D -- --
Nimmo John L $290,000 --
To -- --
To -- --
To -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Patrick $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2024 08/16/24 Sold $325,000 0.0% $116 / Sq Ft View Prior Sale
08/16/2024 08/16/24 Sold $325,000 -18.7% $116 / Sq Ft
07/12/2024 07/12/24 For Sale $399,900 -11.1% $143 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $449,900 -- $161 / Sq Ft
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
2025 $2,718 $53,182 $11,163 $42,019
2024 $1,215 $35,240 $7,780 $27,460
2023 $1,206 $35,240 $7,780 $27,460
2022 $1,241 $35,240 $7,780 $27,460
2021 $1,227 $35,240 $7,780 $27,460
2020 $1,504 $35,240 $7,780 $27,460
2019 $1,338 $29,030 $4,420 $24,610
2018 $1,080 $29,030 $4,420 $24,610
2017 $1,080 $29,030 $4,420 $24,610
2016 $1,350 $29,030 $4,420 $24,610
2015 $1,092 $29,030 $4,420 $24,610
2014 $1,843 $37,220 $5,320 $31,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24024745

Cooperative Arkansas REALTORS® MLS

APN: 101-904000-000