NOT LISTED FOR SALE

Estimated Value: $947,000 - $1,068,927

1.2 Acres
$836,924 Price per Acre
52,272 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $1,005,000 $381 Per Sq Ft

Current estimated payment $5,564/month

67 Days on Market

Highlights

  • 1.2 Acre Lot
  • Jefferson Elementary School Rated A-
  • Level Lot

About This Lot

As of April 2023

A rare and unique opportunity to acquire 1.20 acres on Sunset Circle. This one-of-a-kind property offers endless opportunities. Perfect for a large private estate, family compound or can be divided into two home sites. Located on Sunset Circle, at the end of cul-de-sac, this location offers both privacy and convenience with river views. There is not a bill of assurance and only city codes and requirements are in effect. Being sold for land value only. Call listing agent for additional information.

Last Agent to Sell the Property

Jon Underhill

Jon Underhill Real Estate Listed on: 02/06/2023

Last Buyer's Agent

Debbie Teague

Janet Jones Company

Janet Jones Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,778

Lot Details

  • 1.2 Acre Lot
  • Level Lot

Property Details

Property Type

Land

Est. Annual Taxes

$13,778

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 02/06/2023
  • Price Per Sq Ft: 837500
  • Road Surface: Paved
  • Type: Residential Lot
  • Price Per Acre: 837500
  • Sold Price Per Acre: 837500
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

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

Lot Info

  • Estimated Lot Size: 1.2
  • Estimated Lot Size: 69700.
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 13778
  • Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 14, 2023
Sold by
Richmond Family Revocable Trust
Bought by
Cowles Thomas David and Cowles Lauren Henry
Seller's Agent
Jon Underhill
Jon Underhill Real Estate
Buyer's Agent
Debbie Teague
Janet Jones Company
List Price
$1,700,000
Sold Price
$1,005,000
Premium/Discount to List
-$695,000
-40.88%
Views
17
Current Estimated Value
$1,004,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$691
Avg. Annual Appreciation
-12.93%
Original Mortgage
$753,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2018
Closed on
Dec 28, 2018
Sold by
Cbm Appraisals Inc
Bought by
Richmond Family Revocable Trust
Seller's Agent
Jon Underhill
Jon Underhill Real Estate
Buyer's Agent
Jon Underhill
Jon Underhill Real Estate
List Price
$705,000
Sold Price
$705,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$600,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 3, 2018
Closed on
Sep 4, 2018
Sold by
Caudel Diana and Morrison Robin
Bought by
Cbm Appraisals Inc
Seller's Agent
Jon Underhill
Jon Underhill Real Estate
Buyer's Agent
Jon Underhill
Jon Underhill Real Estate
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
411.72%
Original Mortgage
$460,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2018
Sold by
Magness Sandra W
Bought by
Magness Sandra C and Sandra C Magness Living Trust
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
Cowles Thomas David $1,005,000 Pulaski County Title
Richmond Family Revocable Trust $705,000 Standard Abstract & Title C
Cbm Appraisals Inc $425,000 Beach Abstract & Guaranty Co
Magness Sandra C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cowles Thomas David $753,750
Previous Owner Richmond Family Revocable Trust $600,000
Previous Owner Cbm Appraisals Inc $460,000
Previous Owner Magness Sandra W $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $1,005,000 0.0% $381 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $1,005,000 -40.9% $381 / Sq Ft
02/06/2023 02/06/23 For Sale $1,700,000 +141.1% $644 / Sq Ft
12/28/2018 12/28/18 Sold $705,000 0.0% $267 / Sq Ft
10/30/2018 10/30/18 For Sale $705,000 +65.9% $267 / Sq Ft
09/05/2018 09/05/18 Sold $425,000 0.0% $162 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $425,000 -- $162 / 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
2023 $1,092 $157,500 $157,500 $0
2022 $1,001 $157,500 $157,500 $0
2021 $917 $13,000 $13,000 $0
2020 $910 $13,000 $13,000 $0
2019 $910 $13,000 $13,000 $0
2018 $3,109 $69,310 $13,000 $56,310
2017 $3,109 $69,310 $13,000 $56,310
2016 $3,109 $101,700 $55,010 $46,690
2015 $3,464 $55,010 $55,010 $0
2014 $3,464 $55,010 $55,010 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23003581

Cooperative Arkansas REALTORS® MLS

APN: 43L-049-00-006-00