NOT LISTED FOR SALE

6 Gander Pointe Point Otto, AR 72173

Estimated Value: $507,000 - $538,000

0.37 Acre
$1,417,430 Price per Acre
16,117 Sq Ft Lot

Last Sold October 12, 2017

Last sale price $40,000

Est. 1,211% increase in value since last sale

Current estimated payment $3,149/month

167 Days on Market

Highlights

  • Lake Front
  • River Nearby
  • Level Lot

About This Lot

As of October 2017

Waterfront Building Lot on private 22 acre lake in Gated Community. It doesn't get any better than this. All underground utilities gas, water, power, sewer, and fiber optic phone.

Last Agent to Sell the Property

Daniel Davis

Davis Real Estate, LLC Listed on: 04/20/2017

Last Buyer's Agent

Daniel Davis

Davis Real Estate, LLC Listed on: 04/20/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $287

Lot Details

  • 0.37 Acre Lot
  • Lake Front
  • Level Lot
  • Cleared Lot

Schools

  • Vilonia Elementary And Middle School
  • Vilonia High School

Additional Features

  • Lake Views
  • River Nearby
  • Outside City Limits
  • Shared Sewer

Listing and Financial Details

  • $420 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$287

Lot Details

0

Listing Details

  • Restrictions: Legally Subdivided, Any Builder, Min Rights Do Not Convey, Bill Of Assurance, Mobiles Not Allowed
  • Class: Vacant Land
  • LVT Date: 04/20/2017
  • Price Per Sq Ft: 108108.11
  • Road Surface: Paved
  • Street Designation: Point
  • Type: Subdivision Lot
  • Price Per Acre: 105405.41
  • Sold Price Per Acre: 108108.11
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Cove

Utilities

  • Utilities: Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Telephone-Private, Community Sewer

Schools

  • Elementary School: Vilonia
  • Middle School: Vilonia
  • High School: Vilonia
  • Junior High: Vilonia

Lot Info

  • Estimated Lot Size: 0.37
  • Estimated Lot Size: 16117
  • Lot: Level, Resort Property, Cleared, In Subdivision, Out Of City, Curb/Gutters, River/Lake Area, Lake View, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 287

MLS Schools

  • Elementary School: Vilonia
  • HighSchool: Vilonia
  • Middle School: Vilonia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Martin Jimmie T and Martin Karla A
Bought by
Dean Timothy D and Dean Ashley D
Current Estimated Value
$524,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,759
Outstanding Balance
$358,062
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$151,222

Purchase Details

Closed on
Apr 6, 2018
Sold by
Starkey Llc
Bought by
Martin Jimmie and Martin Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
Oct 12, 2017
Sold by
Seven Point Lake Llc
Bought by
Starkey Llc
Seller's Agent
Daniel Davis
Davis Real Estate, LLC
Buyer's Agent
Daniel Davis
Davis Real Estate, LLC
List Price
$39,000
Sold Price
$40,000
Premium/Discount to List
$1,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.99%
Original Mortgage
$264,000
Interest Rate
3.82%
Mortgage Type
Construction
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
Dean Timothy D $389,900 None Listed On Document
Martin Jimmie $355,000 Faulkner County Title
Starkey Llc $40,000 Faulkner County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Timothy D $398,759
Previous Owner Martin Jimmie $284,000
Previous Owner Starkey Llc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $40,000 +2.6% --
10/04/2017 10/04/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $39,000 -- --
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 $3,565 $92,380 $13,000 $79,380
2023 $3,395 $70,440 $11,000 $59,440
2022 $3,490 $70,440 $11,000 $59,440
2021 $3,490 $70,440 $11,000 $59,440
2020 $2,924 $58,700 $11,000 $47,700
2019 $2,887 $58,700 $11,000 $47,700
2018 $698 $5,500 $5,500 $0
2017 $698 $5,500 $5,500 $0
2016 $288 $5,500 $5,500 $0
2015 $364 $11,000 $11,000 $0
2014 $387 $11,000 $11,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 17011759

Cooperative Arkansas REALTORS® MLS

APN: 690-00255-000