NOT LISTED FOR SALE

550 W Skelton St Fayetteville, AR 72701

Fayette Junction Neighborhood

Estimated Value: $123,000 - $165,000

1.41 Acres
$99,824 Price per Acre
61,420 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $115,000 $54 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $846/month

6 Days on Market

Highlights

  • 1.41 Acre Lot
  • Washington Elementary School Rated 9+
  • Creek or Stream

About This Lot

As of April 2022

South Fayetteville development parcel zoned RSF-4 (Residential Single Family - 4 units/acre) on a low-traffic, dead-end street convenient to the I-49 and 71B/ S School Ave. Large trees and bubbling brook at the front of the property, cleared building site behind. Previous structure has been removed and lot is ready for redevelopment. Utilities are on site. Plenty of room to build your dream home or construct a primary dwelling unit and up to two accessory dwelling units by-right. There is enough land area to subdivide into multiple lots. Contact agent to discuss possible development scenarios. Stream requires 50' setback from the top-of-bank, but with 363' of lot depth, there's still plenty of room to build on. The lot is NOT in the floodplain.

Last Agent to Sell the Property

Sarah Marsh

RE/MAX Associates, LLC License #SA00087337 Listed on: 03/04/2022

Last Buyer's Agent

Sarah Marsh

RE/MAX Associates, LLC License #SA00087337 Listed on: 03/04/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $593

Lot Details

  • 1.41 Acre Lot
  • Lot Dimensions are 175' x 362.5'
  • Creek or Stream
  • Street terminates at a dead end
  • South Facing Home
  • Cleared Lot

Additional Features

  • City Lot
  • Not Connected to Sewer

Community Details

  • Skeltons Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$593

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.41
  • Lot Size: 175' x 362.5'
  • Road Surface Type: Paved
  • Subdivision Name: Skeltons Sub
  • Directions: At the intersection of the Fulbright Expressway and HWY 71B/ S School Ave, turn East onto Skelton St. 550 is .3 miles up the street on the left.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Dead End, Neighborhood, None, Stream/Creek
  • Topography: Cleared
  • Direction Faces: South

Utilities

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

Schools

  • Junior High Dist: Fayetteville

Lot Info

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

Tax Info

  • Tax Annual Amount: 593.0
  • Tax Block: 1
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 26, 2022
Sold by
Kevlin Properties Llc
Bought by
Williams Jebediah and Williams Jennifer Ann
Seller's Agent
Sarah Marsh
RE/MAX Associates, LLC
Buyer's Agent
Sarah Marsh
RE/MAX Associates, LLC
List Price
$109,900
Sold Price
$115,000
Premium/Discount to List
$5,100
4.64%
Current Estimated Value
$140,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,752
Avg. Annual Appreciation
13.14%
Original Mortgage
$86,250
Outstanding Balance
$10,122
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$164,870

Purchase Details

Closed on
Oct 6, 2021
Sold by
Commissioner Of State Lands
Bought by
Kevlin Properties Llc

Purchase Details

Closed on
Oct 4, 2002
Sold by
Wright Johnnie A and Wright Debra L
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 23, 1977
Bought by
Wright Johnnie A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Jebediah $115,000 First National Title
Kevlin Properties Llc $81,000 None Available
Us Bank Na $52,223 None Available
Wright Johnnie A $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Williams Jebediah $86,250
Previous Owner Wright Johnnie A $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $115,000 +4.6% $54 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $109,900 -- $51 / 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
2024 $1,154 $20,250 $20,250 $0
2023 $1,173 $20,250 $20,250 $0
2022 $869 $15,000 $15,000 $0
2021 $647 $15,000 $15,000 $0
2020 $593 $15,000 $15,000 $0
2019 $539 $9,300 $9,300 $0
2018 $539 $9,300 $9,300 $0
2017 $534 $9,300 $9,300 $0
2016 $881 $15,330 $9,300 $6,030
2015 $839 $15,330 $9,300 $6,030
2014 $942 $15,935 $5,380 $10,555
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Marsh

    RE/MAX

    (479) 799-0393

    10 in this area

    52 Total Sales

    Sarah Marsh
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1211354

Northwest Arkansas Board of REALTORS®

APN: 765-10802-000

Arkansas Washington County Fayetteville 72701 Fayette Junction

550 W Skelton St, Fayetteville, AR

This home is located at 550 W Skelton St, Fayetteville, AR 72701 since 04 March 2022 and is currently estimated at $140,752, approximately $65 per square foot. 550 W Skelton St is a home located in Washington County with nearby schools including Washington Elementary School, Owl Creek School, and Ramay Junior High School.

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.

Nearby Homes