$45,000
SOLD JUL 2, 2025

5708 Lee Ave Little Rock, AR 72205

Hillcrest Neighborhood
0.16 Acre
$281,250 Price per Acre
6,970 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

24% Below List Price

30 Days on Market

About This Lot

As of July 2025

Hillcrest lot on Coleman Creek under $60K!! This lot in the Hillcrest Design Overlay District is priced at nearly half of the county appraised value! This flat lot is platted 70' along Lee Ave x 100' deep. It is zoned R3 for single family residential use and yet also permits duplexes as a conditional use as approved by city. The home that was previously on this site was demolished after a fire. The lot is in Zone AE of the flood plain and the homeowner carried flood insurance at a nominal rate of less than $600/year. A new dwelling could potentially be built to be above the levels that would require flood insurance. Stakes have been placed on the property to show approximately where the lowest finished floor would need to be to acheive this. Consult with your contractor and surveyor/engineer to plan your next home or investment opportunity!

Last Agent to Sell the Property

John Selva

Engel & Völkers Listed on: 05/15/2025

Engel & Völkers

Last Buyer's Agent

Janet Dillon

Dillon Homes and Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 33L-045-00-295-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 05/15/2025
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Residential Lot
  • Price Per Acre: 368750
  • Sold Price Per Acre: 281250
  • Transportation: On Bus Line
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Sewer-Public, Water-Public, Gas-Natural, Telephone-Private

Lot Info

  • Estimated Lot Size: 0.16
  • Estimated Lot Size: 6970
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 33L-045-00-295-00

Tax Info

  • Annual Taxes: 1610
  • Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jul 2, 2025
Sold by
Meurer Adam and Meurer Angela Grimm
Bought by
Dillon Homes & Real Estate Inc
Seller's Agent
John Selva
Engel & Völkers
Buyer's Agent
Janet Dillon
Dillon Homes and Real Estate
List Price
$59,000
Sold Price
$45,000
Premium/Discount to List
-$14,000
-23.73%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42698.29%

Purchase Details

Closed on
May 21, 2007
Sold by
Atkinson Fred E and Atkinson Carolyn
Bought by
Meurer Adam R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Atkinson Andrea
Bought by
Atkinson Fred and Atkinson Anna
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 Type Sale Price Title Company
Warranty Deed $45,000 Attorneys Title Group
Warranty Deed $110,000 Realty Title
Interfamily Deed Transfer -- American Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $110,500 New Conventional
Previous Owner $113,750 Unknown
Previous Owner $110,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $45,000 -23.7% $39 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $59,000 -- $51 / 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
2024 $1,659 $23,000 $23,000 --
2023 $1,659 $23,696 $23,000 $696
2022 $2,048 $41,067 $23,000 $18,067
2021 $1,875 $26,600 $13,280 $13,320
2020 $1,862 $26,600 $13,280 $13,320
2019 $1,862 $26,600 $13,280 $13,320
2018 $1,862 $26,600 $13,280 $13,320
2017 $1,862 $26,600 $13,280 $13,320
2016 $1,700 $29,290 $5,510 $23,780
2015 $2,053 $29,288 $5,510 $23,778
2014 $2,053 $27,498 $5,510 $21,988
Source: Public Records

Agents Affiliated with this Home

  • John Selva

    Seller's Agent in 2025

    John Selva

    Engel & Völkers

    (501) 993-5442

    60 in this area

    173 Total Sales

    John Selva
    Section Image

  • J

    Buyer's Agent in 2025

    Janet Dillon

    Dillon Homes and Real Estate

    (501) 650-4180

    3 in this area

    35 Total Sales

    Janet Dillon
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25019080

Cooperative Arkansas REALTORS® MLS

APN: 33L-045-00-295-00

Arkansas Pulaski County Little Rock 72205 Hillcrest

5708 Lee Ave, Little Rock, AR

This home is located at 5708 Lee Ave, Little Rock, AR 72205 and is currently priced at $45,000, approximately $38 per square foot. 5708 Lee Ave is a home located in Pulaski County with nearby schools including Pulaski Heights Elementary School, Pulaski Heights Middle School, and Central 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.

Cooperative Arkansas REALTORS® MLS 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.

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