NOT LISTED FOR SALE

7 Burghead Ln Bella Vista, AR 72715

Estimated Value: $364,000 - $486,000

0.33 Acre
$1,254,136 Price per Acre
14,375 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $7,750

Est. 5,240% increase in value since last sale

Current estimated payment $2,430/month

134 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Cul-De-Sac
  • Gravette Middle School Rated A-
  • Partially Wooded Lot
  • Interior Lot

About This Lot

As of September 2022

Buildable wooded lot in cul-de-sac that is surrounded by trails. Minutes from Scotdsale Overflow Trailhead, Tunnel Vision Trail & Bamboozled Trail. OWNER FINANCING!!

Last Agent to Sell the Property

Kayla Storlie

Homescape Realty License #SA00087558 Listed on: 10/25/2021

Last Buyer's Agent

Kayla Storlie

Homescape Realty License #SA00087558 Listed on: 10/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,733

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Interior Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Location

  • Property is near a golf course

Utilities

  • Natural Gas Not Available
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 7 / 2

Community Details

Overview

  • Burghead Sub Bvv Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$2,733

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Water Body Name: Loch Lomond
  • Subdivision Name: Burghead Sub Bvv
  • Directions: .
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Dead End, Near Golf Course, Interior Lot, Neighborhood, None, Wooded
  • Topography: Rolling

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Golf, Lake, Trails/Paths
  • Association Fee: 16.0
  • Association Fee Frequency: Monthly
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 31.0
  • Tax Block: 2
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Oct 31, 2022
Sold by
Nwa Builders Llc
Bought by
Hicks Jeanette L and Hicks James A
Seller's Agent
Kayla Storlie
Homescape Realty
Buyer's Agent
Kayla Storlie
Homescape Realty
List Price
$8,300
Sold Price
$7,750
Premium/Discount to List
-$550
-6.63%
Current Estimated Value
$413,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,115
Avg. Annual Appreciation
249.35%
Original Mortgage
$292,000
Outstanding Balance
$281,908
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$131,957

Purchase Details

Closed on
Jan 26, 2021
Sold by
Mills Robert C and Mills Linda K
Bought by
Nwa Builders Llc

Purchase Details

Closed on
Jan 13, 2021
Sold by
Mills Robert C and Mills Linda K
Bought by
Nwa Builders Llc

Purchase Details

Closed on
Jan 30, 1992
Bought by
Mills

Purchase Details

Closed on
Feb 24, 1986
Bought by
Cooper

Purchase Details

Closed on
Apr 3, 1985
Bought by
Anderson
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
Hicks Jeanette L $365,000 City Title & Closing
Nwa Builders Llc $6,000 City Title & Closing
Nwa Builders Llc $6,000 Citytitle & Closing Llc
Mills $3,000 --
Cooper -- --
Anderson $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Jeanette L $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $7,750 -6.6% --
03/08/2022 03/08/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $8,300 -- --
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 $2,733 $70,463 $1,600 $68,863
2024 $2,396 $70,463 $1,600 $68,863
2023 $2,282 $46,286 $800 $45,486
2022 $42 $800 $800 $0
2021 $34 $800 $800 $0
2020 $31 $600 $600 $0
2019 $30 $600 $600 $0
2018 $28 $600 $600 $0
2017 $22 $600 $600 $0
2016 $22 $600 $600 $0
2015 $18 $1,000 $1,000 $0
2014 $18 $1,000 $1,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1201884

Northwest Arkansas Board of REALTORS®

APN: 16-06323-000