NOT LISTED FOR SALE

508 SW 5th St Bentonville, AR 72712

Estimated Value: $524,000 - $801,000

0.2 Acre
$3,312,500 Price per Acre
8,712 Sq Ft Lot

Last Sold January 13, 2022

Last sale price $500,000 $450 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,753/month

130 Days on Market

Highlights

  • Corner Lot
  • R.E. Baker Elementary School Rated A
  • 2-minute walk to Gilmore Park

About This Lot

As of January 2022

No House to Tear Down!! Here It Is! That "Special" Downtown Lot you've been Looking for. A "Special" Location on SW "E" St. Next to Gilmore Park, Bike Trails & the Greenway. Easy Walk to the Square and a Couple Blocks to Skylight Cinema, Peddler's Pub, the Hub, etc. Large Corner Lot with Gilmore Alley already in back. (60'x 147')
Survey done - DN-2 Zoning done.

Last Agent to Sell the Property

J.R. Burckart

Burckart Real Estate License #PB00006372 Listed on: 08/05/2021

Last Buyer's Agent

J.R. Burckart

Burckart Real Estate License #PB00006372 Listed on: 08/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,998

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60x147
  • Corner Lot
  • Level Lot
  • Open Lot
  • Cleared Lot

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • Gilmores Add Bentonville Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$1,998

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 60x147
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Gilmores Add Bentonville
  • Directions: From W. Central go South on SW E Street to SW 5th Street. Corner Lot
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, Cleared, Corner Lot, City Lot, Neighborhood, Open Lot, Subdivision, Level
  • Topography: Cleared,Level

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1998.0
  • Tax Block: 2
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jan 13, 2022
Sold by
Pinnacle Villas Llc and Pedal N Rest Llc
Bought by
Cctc Ar Llc
Seller's Agent
J.R. Burckart
Burckart Real Estate
Buyer's Agent
J.R. Burckart
Burckart Real Estate
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$662,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,500
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Aug 4, 2021
Sold by
Kanuparthi Venkat
Bought by
Pinnacle Villas Llc and Pedal N Rest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2017
Sold by
Whited Lloyd W
Bought by
Msb Holdings Llc

Purchase Details

Closed on
Mar 12, 1997
Bought by
Whited

Purchase Details

Closed on
May 26, 1989
Bought by
Whited

Purchase Details

Closed on
May 25, 1988
Bought by
Mathews
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
Cctc Ar Llc $500,000 Hanby Blake
Pinnacle Villas Llc $335,000 Waco Title
Msb Holdings Llc $240,000 First National Title Company
Whited -- --
Whited $37,000 --
Mathews $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinnacle Villas Llc $284,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $500,000 0.0% $450 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $500,000 -- $450 / 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 $3,414 $55,495 $55,495 --
2024 $3,430 $55,495 $55,495 $0
2023 $3,123 $50,530 $50,530 $0
2022 $3,199 $50,530 $50,530 $0
2021 $3,188 $50,530 $50,530 $0
2020 $1,998 $31,360 $31,360 $0
2019 $1,998 $32,930 $32,930 $0
2018 $2,526 $39,650 $32,930 $6,720
2017 $386 $39,650 $32,930 $6,720
2016 $363 $39,650 $32,930 $6,720
2015 $705 $16,860 $4,000 $12,860
2014 $355 $16,860 $4,000 $12,860
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    J.R. Burckart

    Burckart Real Estate

    (479) 936-1198

    13 in this area

    24 Total Sales

    J.R. Burckart
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1193411

Northwest Arkansas Board of REALTORS®

APN: 01-02704-000

Arkansas Benton County Bentonville 72712

508 SW 5th St, Bentonville, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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