NOT LISTED FOR SALE

7.53 acres Oak Shadows Dr Garfield, AR 72732

Estimated Value: $567,000

7.53 Acres
$75,299 Price per Acre
328,007 Sq Ft Lot

Last Sold November 14, 2023

Last sale price $108,000

Est. 425% increase in value since last sale

Current estimated payment $3,106/month

10 Days on Market

Highlights

  • Community Lake
  • Garfield Elementary School Rated A-
  • Partially Wooded Lot

About This Lot

As of November 2023

This land package has the best of both worlds. Comes with six Lost Bridge Village lots which provide the water tap that has been paid but never used, and allows use of the LBV amenities (pool, landing strip, Community Center, Library, playground and future pickle-ball court.) Down below the lots is a large rural land parcel with no building restrictions or Covenants. There is a septic system in place, but has never been used. Nearby the septic system is a rather flat build site that gives distant seasonal vista lake views, and hill and valley views year-round. The trees above on the LBV lots provide a buffer of privacy, yet are just a few yards off paved Lodge Drive. And the gazebo conveys as it was released to the owner by LBVCA several years ago. Only a 5 minute drive to Lost Bridge Marina on Beaver Lake or campgrounds and boat ramps. Twenty minute drive to Rogers or Bentonville. The septic system and paid water tap should save you thousands of dollars in build costs alone. What are you waiting for.

Last Agent to Sell the Property

John Niernberger

Beaver Lake Vacation Rentals License #SA00077206 Listed on: 10/06/2023

Last Buyer's Agent

Renee Hudock

Lindsey & Assoc Inc Branch License #EB00081809

Lindsey & Assoc Inc Branch

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $362

Lot Details

  • 7.53 Acre Lot
  • Property fronts a county road
  • Partially Wooded Lot

HOA Fees

  • $56 Monthly HOA Fees

Home Design

  • Mixed Use

Utilities

  • Natural Gas Not Available
  • Water Tap Fee Is Paid
  • Septic Tank

Additional Features

  • Outside City Limits
  • Mobile Home Allowed

Community Details

  • Community Lake

Property Details

Property Type

Land

Est. Annual Taxes

$362

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Property Sub Type: Mixed Use
  • Prop. Type: Land
  • Lot Size Acres: 7.53
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Water Body Name: Beaver Lake
  • Directions: HWY 62/127 Jct at Garfield: Turn SE on 127, go 4 miles, turn right on Lodge Drive entrance, go part way up hill to Oak Shadows Drive, turn right at the gazebo, lots and land are on right and down hill
  • ResoPropertyType: Land
  • Property Sub Type Additional: Mixed Use
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Mobile Home Allowed, Outside City Limits, Other, See Remarks
  • Topography: Rolling,Sloping

Utilities

  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available, Electricity Available
  • Water Source: Rural, Water Tap Paid

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 672.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 18-01333-000,15-05651-000,15-05653-000 thru 15-05657-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 362.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2007
Sold by
Barron Cheryl Grace and Barron Joe D
Bought by
Browning Steven W and Browning Barbara K
Current Estimated Value
$567,000

Purchase Details

Closed on
Aug 21, 2003
Bought by
Dod 08-21-2003

Purchase Details

Closed on
Oct 8, 1998
Bought by
Gilchrist 2Pcls

Purchase Details

Closed on
Aug 24, 1987
Bought by
Thornburg
Source: Public Records

Range of Values:

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Average Value
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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
Browning Steven W -- None Available
Dod 08-21-2003 -- --
Gilchrist 2Pcls $14,000 --
Thornburg $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $108,000 -13.6% --
10/17/2023 10/17/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $124,995 -- --
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
2024 $673 $13,992 $13,992 $0
2023 $337 $7,000 $7,000 $0
2022 $362 $7,000 $7,000 $0
2021 $361 $7,000 $7,000 $0
2020 $125 $2,420 $2,420 $0
2019 $119 $2,310 $2,310 $0
2018 $119 $2,310 $2,310 $0
2017 $111 $2,310 $2,310 $0
2016 $111 $2,310 $2,310 $0
2015 $267 $5,550 $5,550 $0
2014 $267 $5,550 $5,550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1258127

Northwest Arkansas Board of REALTORS®

APN: 18-01372-000