NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $2,370,000

0.72 Acre
$2,648,278 Price per Acre
31,363 Sq Ft Lot

Last Sold July 10, 2015

Last sale price $325,000

Est. 487% increase in value since last sale

Current estimated payment $11,583/month

40 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Wooded Lot
  • Chenal Elementary School Rated A-
  • 0.72 Acre Lot
  • Satellite Dish

About This Lot

As of July 2015

Lovely lot directly on the Golf Course in a private neighborhood that is Gated. Tons of activities in this neighborhood year round!

Last Agent to Sell the Property

Kerry Ellison

Keller Williams Realty Listed on: 05/22/2015

Keller Williams Realty

Last Buyer's Agent

Kerry Ellison

Keller Williams Realty Listed on: 05/22/2015

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,886

Lot Details

  • 0.72 Acre Lot
  • Sloped Lot
  • Wooded Lot

Property Views

  • Lake
  • Golf Course
  • Scenic Vista

Utilities

  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Golf Course: Chenal Country Club - Bear Den

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,886

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Golf: Yes
  • Golf Course: Chenal Country Club - Bear Den
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Street Designation: Circle
  • Type: Residential Lot
  • Price Per Acre: 485972.22
  • Sold Price Per Acre: 451388.89
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: City Street

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Tv-Cable, Tv-Satellite Dish, Telephone-Private, All Underground

Lot Info

  • Estimated Lot Size: 0.72
  • Estimated Lot Size: .72 acres
  • Lot: Sloped, Golf Course Frontage, Wooded, In Subdivision, Sidewalk, Curb/Gutters, Lake View, Common To Golf Course, Vista View
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 4885.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 10, 2015
Sold by
Hestermann David R
Bought by
Saleem Majid and Majid Saima
Seller's Agent
Kerry Ellison
Keller Williams Realty
Buyer's Agent
Kerry Ellison
Keller Williams Realty
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$1,906,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,581,760
Avg. Annual Appreciation
18.98%
Original Mortgage
$239,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2012
Sold by
Smith Ronald C and Smith Regina A
Bought by
Hestermann David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Mcfatrich Donald M and Mcfatrich Barbara E
Bought by
Smith Ronald C and Smith Regina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.02%
Mortgage Type
Construction
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
Saleem Majid $325,000 Commerce Title & Closing Svc
Hestermann David R $325,000 American Abstract & Title Co
Smith Ronald C $215,000 Lenders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleem Majid $645,000
Closed Saleem Majid $658,000
Open Majid Saleem $1,150,000
Closed Saleem Majid $1,412,000
Closed Saleem Majid $1,680,000
Previous Owner Hestermann David R $239,000
Previous Owner Hestermann David R $260,000
Previous Owner Smith Ronald $225,170
Previous Owner Smith Ronald C $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $325,000 -13.3% --
06/10/2015 06/10/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $375,000 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $17,092 $293,883 $89,964 $203,919
2023 $17,092 $293,883 $89,964 $203,919
2022 $15,667 $293,883 $89,964 $203,919
2021 $14,354 $221,510 $64,750 $156,760
2020 $14,243 $221,510 $64,750 $156,760
2019 $14,243 $221,510 $64,750 $156,760
2018 $14,243 $221,510 $64,750 $156,760
2017 $4,163 $64,750 $64,750 $0
2016 $4,848 $75,400 $75,400 $0
2015 $4,886 $75,400 $75,400 $0
2014 $4,886 $75,400 $75,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15014654

Cooperative Arkansas REALTORS® MLS

APN: 53L-026-01-719-42