NOT LISTED FOR SALE

61 Law 140 Ravenden, AR 72459

Estimated Value: $190,000

40 Acres
$4,750 Price per Acre
1,742,400 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $75,500

Est. 152% increase in value since last sale

Current estimated payment $1,069/month

38 Days on Market

Highlights

  • 40 Acre Lot
  • Pasture
  • Stream
  • Pond
  • 17 Acres of Pasture
  • Cross Fenced

About This Lot

As of April 2016

Old House Place on 40 Acres...The beautiful setting is gently rolling acreage with 5 ponds (two spring fed), a nice balance of woods/pasture & great hunting. You can build on the old home place or try your hand at renovating the old mobile home, but regardless of your intentions, having utilities and owning a part of history with the spring near an old military road adds a special flavor to this acreage located 8 miles off pavement in all directions.

Last Agent to Sell the Property

Phillip Orr

Coldwell Banker Ozark Real Estate Company Listed on: 02/20/2016

Coldwell Banker Ozark Real Estate Company

Last Buyer's Agent

Phillip Orr

Coldwell Banker Ozark Real Estate Company Listed on: 02/20/2016

Coldwell Banker Ozark Real Estate Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $180

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Cross Fenced

Schools

  • Sloan Hendrix Elementary School
  • Sloanhendrix Middle School
  • Sloan Hendrix High School

Farming

  • 17 Acres of Pasture
  • Pasture
  • Livestock

Utilities

  • Co-Op Electric
  • Well

Listing and Financial Details

  • Assessor Parcel Number 001-08073-000

Community Details

Overview

  • Stream

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$180

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 02/24/2016
  • Price Per Sq Ft: 1887.5
  • Road Surface: Gravel
  • Type: Acreage
  • Price Per Acre: 1875
  • Sold Price Per Acre: 1887.5
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road
  • Waterfront: Year Round Spring

Utilities

  • Utilities: Well-On Property, Electric-Co-Op, Telephone-Private

Schools

  • Elementary School: Sloan Hendrix
  • Middle School: SLOANHENDRIX
  • High School: Sloan Hendrix
  • Junior High: Sloan Hendrix

Lot Info

  • Estimated Lot Size: 40
  • Estimated Lot Size: 1320x1320
  • Lot: Rural Property, Pond, Pastureland, Timberland
  • Farm Ranch Features: Cross-Fenced, Livestock Allowed, Stock Pond
  • Number Pasture Acres: 17
  • Number Timber Acres: 23
  • Geo Subdivision: AR
  • Parcel Number: 001-08073-000

Tax Info

  • Annual Taxes: 180.02
  • Year: 2015

MLS Schools

  • Elementary School: Sloan Hendrix
  • HighSchool: Sloan Hendrix
  • Middle School: SLOANHENDRIX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2016
Closed on
Apr 29, 2016
Sold by
Anglin Cynthia and Anglin Scotty
Bought by
Pruitt Douglas E and Pruitt Kassie R
Seller's Agent
Phillip Orr
Coldwell Banker Ozark Real Estate Company
Buyer's Agent
Phillip Orr
Coldwell Banker Ozark Real Estate Company
List Price
$75,000
Sold Price
$75,500
Premium/Discount to List
$500
0.67%
Current Estimated Value
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,500
Avg. Annual Appreciation
7.80%
Original Mortgage
$77,963
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2000
Bought by
Goodman Jimmy D

Purchase Details

Closed on
Mar 9, 1982
Bought by
Goodman Jimmy D
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
Pruitt Douglas E $75,500 None Available
Goodman Jimmy D -- --
Goodman Jimmy D $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pruitt Douglas E $77,963
Previous Owner Goodman Jimmy D $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $75,500 +0.7% --
03/29/2016 03/29/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $75,000 -- --
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 $196 $4,129 $3,130 $999
2023 $190 $4,129 $3,130 $999
2022 $142 $2,980 $2,280 $700
2021 $142 $2,980 $2,280 $700
2020 $142 $2,980 $2,280 $700
2019 $142 $2,980 $2,280 $700
2018 $142 $2,980 $2,280 $700
2017 $143 $3,120 $2,440 $680
2016 $143 $3,120 $2,440 $680
2015 $174 $3,780 $2,440 $1,340
2014 $174 $3,780 $2,440 $1,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16005361

Cooperative Arkansas REALTORS® MLS

APN: 001-08073-000