NOT LISTED FOR SALE

5 Kempsey Ln Bella Vista, AR 72714

Estimated Value: $118,000 - $274,000

0.31 Acre
$716,129 Price per Acre
13,504 Sq Ft Lot

Last Sold March 06, 2020

Last sale price $5,000 $5 Per Sq Ft

Est. 4,340% increase in value since last sale

Current estimated payment $1,178/month

234 Days on Market

About This Lot

As of March 2020

***START FRESH*** Build the home you can enjoy or build one that can make a great investment. ***THE SKY IS THE LIMIT*** 5 minutes form Harps, 6 minutes from Wal-Mart. House burnt down in 2014 but still has the driveway and garage pad. Water is @ property which saves $5,600 Underground propane tank on site. Septic is a stainless steel version which bella vista recommends replacing, cost of $3,200 for a 1,000 concrete tank and to hook it up to the existing lateral lines. POA's are paid through the year. Cheap piece of land to make it your own. ***START YOUR DREAM TODAY***

Last Agent to Sell the Property

Parham Realty Group

Parham Realty Group Listed on: 06/15/2019

Last Buyer's Agent

Denise Contreras-Serrano

DC Real Estate License #AB00080926

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $59

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Cleared Lot

Community Details

  • Worcester Sub Bvv Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 6

Property Details

Property Type

Land

Est. Annual Taxes

$59

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.31
  • Road Frontage Type: Shared
  • Subdivision Name: Worcester Sub Bvv
  • Directions: Hwy 71 North east on 340 Lancashire Road to Left on Hampstead, Right on Worcester and Right on first street Kempsey, lot is on the left
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Development

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Other, Subdivision, See Remarks, Level
  • Topography: Level

Utilities

  • Utilities: Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 38.0
  • Tax Block: 6
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2019
Closed on
Feb 20, 2020
Sold by
West Adam Boone
Bought by
Reyes David and Reyes Alma
Seller's Agent
Parham Realty Group
Parham Realty Group
Buyer's Agent
Denise Contreras-Serrano
DC Real Estate
List Price
$6,000
Sold Price
$5,000
Premium/Discount to List
-$1,000
-16.67%
Current Estimated Value
$222,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,000
Avg. Annual Appreciation
94.09%

Purchase Details

Closed on
Jun 9, 2005
Sold by
Fesnco Bonnie Sue
Bought by
Wohlford Rentals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,879
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1993
Bought by
Fesanco

Purchase Details

Closed on
Sep 1, 1979
Bought by
Joiner
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
Reyes David $5,000 Advantage Title & Escrow
Wohlford Rentals Inc $72,000 None Available
Fesanco $43,000 --
Tweed $45,000 --
Joiner $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wohlford Rentals Inc $70,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $5,000 -16.7% $5 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
06/15/2019 06/15/19 For Sale $6,000 +361.5% $6 / Sq Ft
07/24/2015 07/24/15 Sold $1,300 -13.3% $1 / Sq Ft View Prior Sale
06/24/2015 06/24/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $1,500 -- $1 / 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 $59 $1,600 $1,600 --
2024 $54 $1,600 $1,600 $0
2023 $49 $800 $800 $0
2022 $51 $800 $800 $0
2021 $51 $800 $800 $0
2020 $38 $600 $600 $0
2019 $38 $600 $600 $0
2018 $38 $600 $600 $0
2017 $37 $600 $600 $0
2016 $37 $600 $600 $0
2015 $60 $1,000 $1,000 $0
2014 $402 $12,080 $1,000 $11,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1118007

Northwest Arkansas Board of REALTORS®

APN: 16-33299-000