NOT LISTED FOR SALE

79 Scratch Gravel Rd Damascus, AR 72039

Estimated Value: $242,000 - $267,000

-- Bed
-- Bath
-- Sq Ft
40 Acres

Last Sold August 25, 2023

Last sale price $230,000

Est. 10% increase in value since last sale

Current estimated payment $1,352/month

40 Days on Market

Highlights

  • 40 Acre Lot
  • Pasture
  • Level Lot
  • Hunting
  • Cross Fenced
  • Farm

About This Home

As of August 2023

26 ACRES PASTURE, 12 ACRES TIMBER, 2 ACRE GAS PAD. WET WEATHER CREEK. 2+/- ACRES NORTH SIDE OF ROAD. FULLY FENCED SOUTH SIDE OF ROAD. 4 GATES IN. WATER ON SOUTH SIDE OF ROAD. ELECTRIC ON BOTH SIDES. INTERNET AVAILABLE. GOOD CELL SERVICE. AERIAL DOCUMENT ATTACHED. PRODUCING MINERAL RIGHTS CONVEY.

Last Agent to Sell the Property

Larry Brinkley

Volley Zone Realty Listed on: 07/16/2023

Last Buyer's Agent

Melissa Evans

RE/MAX Elite Conway Branch

RE/MAX Elite Conway Branch

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $167

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Cross Fenced
  • Level Lot

Home Design

  • Farm

Schools

  • Southside Elementary And Middle School
  • Southside High School

Farming

  • Pasture
  • Cattle
  • Livestock

Utilities

  • Co-Op Electric

Community Details

  • Hunting

Listing and Financial Details

  • Assessor Parcel Number 001-10611-000

Property Details

Property Type

Other

Est. Annual Taxes

$167

Lot Details

0

Listing Details

  • Restrictions: Existing Survey, Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 07/16/2023
  • Price Per Sq Ft: 5750
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Farm Or Ranch Land
  • Price Per Acre: 6000
  • Sold Price Per Acre: 5750
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Water-Public, Electric-Co-Op, Telephone-Private

Schools

  • Elementary School: Southside
  • Middle School: Southside
  • High School: Southside
  • Junior High: Southside

Lot Info

  • Estimated Lot Size: 40
  • Estimated Lot Size: 1334X1270
  • Lot: Level, Rural Property, Fenced, Pastureland, Timberland, Hunting/Recreation
  • Farm Ranch Features: Cross-Fenced, Livestock Allowed, Cattle, Hay
  • Geo Subdivision: AR
  • Parcel Number: 001-10611-000

Tax Info

  • Annual Taxes: 167

MLS Schools

  • Elementary School: Southside
  • HighSchool: Southside
  • Middle School: Southside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2023
Closed on
Aug 25, 2023
Sold by
Ernestine Mahan Income Only Irrevocable and Nippier Cindy A
Bought by
Davis Chad Jansen and Davis Dee Ann
Seller's Agent
Larry Brinkley
Volley Zone Realty
Buyer's Agent
Melissa Evans
RE/MAX Elite Conway Branch
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Views
16
Current Estimated Value
$252,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,576
Avg. Annual Appreciation
4.58%
Original Mortgage
$184,000
Outstanding Balance
$174,888
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$77,688

Purchase Details

Closed on
Feb 23, 2005
Bought by
Trustees Mahan Income Only Irr

Purchase Details

Closed on
Oct 29, 2004
Bought by
Trustees Mahan Income Only Irr
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
Davis Chad Jansen $230,000 Faulkner County Title Company
Trustees Mahan Income Only Irr -- --
Trustees Mahan Income Only Irr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Chad Jansen $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2023 08/26/23 Pending -- -- --
08/25/2023 08/25/23 Sold $230,000 -4.2% --
07/16/2023 07/16/23 For Sale $240,000 -- --
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 $161 $3,440 $3,440 $0
2023 $165 $3,540 $3,380 $160
2022 $155 $3,540 $3,380 $160
2021 $142 $3,540 $3,380 $160
2020 $129 $2,700 $2,500 $200
2019 $129 $2,700 $2,500 $200
2018 $129 $2,700 $2,500 $200
2017 $129 $2,700 $2,500 $200
2016 $129 $2,700 $2,500 $200
2015 $154 $3,290 $2,670 $620
2014 $157 $3,290 $2,670 $620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23021757

Cooperative Arkansas REALTORS® MLS

APN: 001-10611-000