NOT LISTED FOR SALE

702 S Highway 45 Bonanza, AR 72916

Estimated Value: $210,000 - $297,000

1.45 Acres
$169,655 Price per Acre
63,162 Sq Ft Lot

Last Sold January 12, 2022

Last sale price $35,000

Est. 565% increase in value since last sale

Current estimated payment $1,362/month

90 Days on Market

About This Lot

As of January 2022

Are you looking for land to build? If so, definitely take a look at this 1.45 acres with highway frontage. All utilities are located at the road. The land has been partially cleared and surveyed so it’s ready for you to build your dream home on!

Last Agent to Sell the Property

Laura Colburn

Weichert, REALTORS® - The Griffin Company License #SA00086225 Listed on: 09/13/2021

Weichert, REALTORS® - The Griffin Company

Last Buyer's Agent

Lisa Elmore

Weichert, REALTORS® - The Griffin Company License #SA00076262

Weichert, REALTORS® - The Griffin Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $719

Lot Details

  • 1.45 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Hackett Elementary And Middle School
  • Hackett High School

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Listing and Financial Details

  • Legal Lot and Block / / /
  • Assessor Parcel Number 63468-0012-00000-02

Property Details

Property Type

Land

Est. Annual Taxes

$719

Lot Details

0

Listing Details

  • Reso Property Sub Type: Residential
  • Prop. Type: Land
  • ResoLotFeatures: Cleared, Wooded, Level
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Co List Office Mls Id: F3543
  • ResoSpecialListingConditions: None
  • Subdivision Name: None
  • Directions: Take Hwy 45 into Bonanza from Fort Smith, Property is on the Right
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Acres: 1.45
  • Topography: Level

Utilities

  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Hackett
  • Ninth Grade High School: Hackett
  • Middle Or Junior School: Hackett

Lot Info

  • Lot Dimensions: 1.45 acres
  • ResoLotSizeUnits: Acres
  • Parcel #: 63468-0012-00000-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 719.0
  • Tax Block: /
  • Tax Lot: /

MLS Schools

  • Elementary School: Hackett

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Leach Rebecca A and Leach Michael E
Bought by
Owens William B and Owens Monti A
Current Estimated Value
$232,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,452
Outstanding Balance
$195,424
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$32,576

Purchase Details

Closed on
Dec 28, 2020
Sold by
Leach Michael E
Bought by
Leach Rebecca A

Purchase Details

Closed on
Apr 25, 2012
Sold by
Leach Mike
Bought by
Leach Mike and Leach Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,139
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 1977
Bought by
Cossey
Source: Public Records

Range of Values:

Collateral Analytics

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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
Owens William B $207,000 Waco Title Co
Leach Rebecca A -- None Available
Leach Mike -- Liberty Title Company Llc
Cossey $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens William B $214,452
Previous Owner Leach Mike $113,696
Previous Owner Leach Mike $111,139
Previous Owner Leach Mike $63,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $35,000 -16.7% --
12/13/2021 12/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $42,000 -- --
Source: Western River Valley 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 $1,068 $20,730 $2,030 $18,700
2023 $643 $20,730 $2,030 $18,700
2022 $693 $20,730 $2,030 $18,700
2021 $693 $21,140 $2,440 $18,700
2020 $767 $22,170 $3,470 $18,700
2019 $595 $18,830 $3,470 $15,360
2018 $620 $18,830 $3,470 $15,360
2017 $620 $18,830 $3,470 $15,360
2016 $970 $18,830 $3,470 $15,360
2015 $970 $18,830 $3,470 $15,360
2014 $633 $19,080 $2,880 $16,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Colburn

    Weichert, REALTORS® - The Griffin Company

    (479) 883-8051

    56 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Elmore

    Weichert, REALTORS® - The Griffin Company

    (479) 651-5189

    163 Total Sales

    Section Image
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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1050526

APN: 63468-0012-00000-02

Arkansas Sebastian County Bonanza 72916

702 S Highway 45, Bonanza, AR

This home is located at 702 S Highway 45, Bonanza, AR 72916 since 13 September 2021 and is currently estimated at $246,000. 702 S Highway 45 is a home located in Sebastian County with nearby schools including Hackett Elementary School and Hackett High School.

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