NOT LISTED FOR SALE

701 E Central Ave Bentonville, AR 72712

Estimated Value: $1,450,752 - $1,929,000

0.17 Acre
$9,528,924 Price per Acre
7,405 Sq Ft Lot

Last Sold July 10, 2017

Last sale price $185,000 $179 Per Sq Ft

Est. 776% increase in value since last sale

Current estimated payment $9,356/month

93 Days on Market

Highlights

  • Corner Lot
  • R.E. Baker Elementary School Rated A
  • 3-minute walk to Eagle Mill Spring Park

About This Lot

As of July 2017

Affordable corner lot on East Central Avenue. Just a few blocks from the Bentonville Square. Enjoy easy access to Wal-Mart Corporate office, Crystal Bridges, the Amazeum, the 8th Street Market and much more via the trail system which is located nearby. This lot is ready for you to build your dream home! Lot is being cleared. All utilities on site.

Last Agent to Sell the Property

Michelle Dearing

Engel & Volkers Bentonville Listed on: 03/08/2017

Engel & Volkers Bentonville

Last Buyer's Agent

Michelle Dearing

Engel & Volkers Bentonville Listed on: 03/08/2017

Engel & Volkers Bentonville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $714

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Community Details

  • Lincoln & Rice Add Bentonville Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 2

Property Details

Property Type

Land

Est. Annual Taxes

$714

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Subdivision Name: Lincoln & Rice Add Bentonville
  • Directions: From I49 Take Exit 88 (Central Ave). Turn West onto Central Ave. Lot is at the corner of E Central and F Street.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot, Level
  • Topography: Level

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 714.0
  • Tax Block: 2
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jul 7, 2017
Sold by
Ball William Rainsay and Ball Jaquita Deann
Bought by
Hall James L and Hall Mary Margaret
Seller's Agent
Michelle Dearing
Engel & Volkers Bentonville
Buyer's Agent
Michelle Dearing
Engel & Volkers Bentonville
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%
Current Estimated Value
$1,619,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,434,917
Avg. Annual Appreciation
29.67%

Purchase Details

Closed on
May 31, 2013
Sold by
Foster Ronald Bruce
Bought by
Ball William Ramsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2002
Bought by
Irvin Tr

Purchase Details

Closed on
Jun 25, 2001
Bought by
Irvin Rev Tr

Purchase Details

Closed on
Sep 23, 1996
Bought by
Irvin Trust

Purchase Details

Closed on
Sep 13, 1996
Bought by
Dod 09-13-1996

Purchase Details

Closed on
Apr 15, 1993
Bought by
Irvin Rev Living Trust

Purchase Details

Closed on
Dec 16, 1992
Bought by
Irvin

Purchase Details

Closed on
Aug 20, 1990
Bought by
Harp

Purchase Details

Closed on
Mar 24, 1988
Bought by
Irvin

Purchase Details

Closed on
Mar 8, 1988
Bought by
Williams

Purchase Details

Closed on
May 10, 1986
Bought by
Smith

Purchase Details

Closed on
Sep 20, 1985
Bought by
Williams
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
Hall James L $185,000 Waco Title Company
Ball William Ramsay $77,000 Waco Title Company
Irvin Tr -- --
Irvin Rev Tr -- --
Irvin Trust -- --
Dod 09-13-1996 -- --
Irvin Rev Living Trust -- --
Irvin -- --
Harp -- --
Irvin $20,000 --
Williams -- --
Smith $27,000 --
Williams $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ball William Ramsay $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2017 07/10/17 Sold $185,000 -15.9% $179 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $220,000 -- $213 / 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 $10,025 $307,826 $72,569 $235,257
2024 $10,071 $307,826 $72,569 $235,257
2023 $10,071 $162,960 $42,950 $120,010
2022 $9,940 $162,960 $42,950 $120,010
2021 $9,906 $162,960 $42,950 $120,010
2020 $1,698 $26,660 $26,660 $0
2019 $1,698 $26,660 $26,660 $0
2018 $1,698 $26,660 $26,660 $0
2017 $885 $30,520 $26,660 $3,860
2016 $786 $30,520 $26,660 $3,860
2015 $714 $11,550 $4,000 $7,550
2014 $714 $11,550 $4,000 $7,550
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Dearing

    Engel & Volkers Bentonville

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1040811

Northwest Arkansas Board of REALTORS®

APN: 01-03250-000

Arkansas Benton County Bentonville 72712

701 E Central Ave, Bentonville, AR

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Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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