NOT LISTED FOR SALE

689 N Oakland Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $581,000 - $670,000

0.4 Acre
$1,577,589 Price per Acre
17,363 Sq Ft Lot

Last Sold October 16, 2024

Last sale price $640,000 $593 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,541/month

8 Days on Market

Highlights

  • 0.4 Acre Lot
  • Corner Lot
  • Creek or Stream
  • Fayetteville High School Rated A

About This Lot

As of October 2024

Excellent development opportunity on 0.3994 acres with a 1,080 sq ft house built in 1956, previously a rental. House sold AS-IS; value lies in land potential.

Last Agent to Sell the Property

Andrew Elsass

Lindsey & Associates Inc Brokerage Phone: 479-521-6611 License #SA00085514 Listed on: 09/25/2024

Lindsey & Associates Inc

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,725

Lot Details

  • 0.4 Acre Lot
  • Creek or Stream
  • Corner Lot

Community Details

  • Oakland Place Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$2,725

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.3986
  • Road Frontage Type: Public Road
  • Subdivision Name: Oakland Place Add
  • Directions: Heading West on North St, Turn Left onto N Garland Ave, continue straight and make a left onto W Cleveland St, pass the University of Arkansas Parking Garage and will be the third property on the right on corner of Cleveland & Oakland.
  • ResoPropertyType: Land
  • Attribution Contact: 479-521-6611
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, None, Stream/Creek

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2725.0
  • Tax Block: 2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 1988
Bought by
Ibsen Michael
Current Estimated Value
$628,827

Purchase Details

Closed on
Jan 1, 1985
Bought by
Spurlock William Greg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ibsen Michael $32,000 --
Spurlock William Greg -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $640,000 +2.4% $593 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $625,000 -- $579 / 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
2025 -- $0 $0 $0
2024 $2,725 $87,840 $59,500 $28,340
2023 $2,540 $87,840 $59,500 $28,340
2022 $2,309 $57,380 $34,000 $23,380
2021 $2,131 $57,380 $34,000 $23,380
2020 $1,954 $57,380 $34,000 $23,380
2019 $1,776 $30,650 $15,300 $15,350
2018 $1,776 $30,650 $15,300 $15,350
2017 $1,761 $30,650 $15,300 $15,350
2016 $1,725 $30,650 $15,300 $15,350
2015 $1,507 $30,650 $15,300 $15,350
2014 $1,345 $25,020 $15,300 $9,720
Source: Public Records

Agents Affiliated with this Home

  • Andrew Elsass

    Seller's Agent in 2024

    Andrew Elsass

    Lindsey & Associates Inc

    (479) 236-5280

    7 in this area

    52 Total Sales

    Andrew Elsass
    Section Image

  • N

    Buyer's Agent in 2024

    Non MLS

    Non MLS Sales

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1287928

Northwest Arkansas Board of REALTORS®

APN: 765-09105-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

689 N Oakland Ave, Fayetteville, AR

Not Listed for Sale

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