NOT LISTED FOR SALE

8 Mcelroy Ln Bella Vista, AR 72715

Estimated Value: $452,871 - $480,000

0.32 Acre
$1,459,275 Price per Acre
13,939 Sq Ft Lot

Last Sold March 21, 2024

Last sale price $17,000

Est. 2,647% increase in value since last sale

Current estimated payment $2,714/month

78 Days on Market

Highlights

  • Community Lake
  • Wooded Lot
  • Views
  • Gravette Middle School Rated A-
  • Cul-De-Sac
  • Property is near a golf course

About This Lot

As of March 2024

Fantastic Location by Highlands Golf Course- drive your cart to the clubhouse! Fresh soil test for 3 bedroom! Levelish lot at the road with only a 15ft set-back on a quiet cul-de-sac. Close to Lake Loch Lomond entrance and Branchwood Recreational complex. Wooded common space behind ensures nature views. Just 3 minutes to the 1-49 entrance affording fast access to all NWA has to offer. Build your home in Bella Vista and enjoy access to 6 golf courses, 7 recreational lakes, recreation centers, 150 miles of world-renowned bike and hike trails, and more!

Last Agent to Sell the Property

Deborah Hein

Dan Hein Homes Realty License #SA00085229 Listed on: 12/01/2023

Last Buyer's Agent

Tricia Necessary

REMAX Real Estate Results License #EB00066068

REMAX Real Estate Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,869

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot

Location

  • Property is near a golf course
  • City Lot

Utilities

  • Septic Needed

Additional Features

  • Property Views

Community Details

  • Bankfoot Sub Bvv Subdivision
  • Community Lake

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$2,869

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Water Body Name: Loch Lomond
  • Subdivision Name: Bankfoot Sub Bvv
  • Directions: From Highlands Gate take right on Glasgow, left on McElroy. From 1-49, take the Rocky Dell Hollow exit, right on Rocky Dell Hollow, left on Highlands, right on Glasgow, right on McElroy, lot is on the right.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Lot, Other, See Remarks, Views, Wooded, Near Golf Course
  • Topography: Sloping
  • View: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Lake

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Junior High Dist: Gravette

Lot Info

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

Tax Info

  • Tax Annual Amount: 38.0
  • Tax Block: 1
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2012
Sold by
Lopez Barbara
Bought by
Westbrook Steven M and Westbrook Linda
Current Estimated Value
$466,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Outstanding Balance
$92,065
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$374,903

Purchase Details

Closed on
Apr 15, 2005
Sold by
Pratt George W
Bought by
Peckler Lester and Peckler Betty

Purchase Details

Closed on
Feb 17, 2005
Sold by
Pratt George W
Bought by
Pratt George W

Purchase Details

Closed on
Nov 21, 2002
Bought by
Pratt

Purchase Details

Closed on
Jun 10, 1997
Bought by
Pratt

Purchase Details

Closed on
Oct 26, 1995
Bought by
Re: Crahan Rev Tr

Purchase Details

Closed on
Jun 2, 1992
Bought by
Crahan

Purchase Details

Closed on
Aug 21, 1986
Bought by
Maguire
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
Westbrook Steven M $166,000 First National Title Company
Peckler Lester $213,000 None Available
Pratt George W -- None Available
Pratt -- --
Pratt $175,000 --
Crahan Richard H Dod 05-24-95 -- --
Re: Crahan Rev Tr -- --
Crahan Rev Tr -- --
Crahan $10,000 --
Maguire $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Steven M $132,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $17,000 -14.6% --
02/17/2024 02/17/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $19,900 -5.2% --
02/08/2024 02/08/24 For Sale $21,000 +23.5% --
01/16/2024 01/16/24 Off Market $17,000 -- --
12/21/2023 12/21/23 Price Changed $21,000 -14.3% --
12/01/2023 12/01/23 For Sale $24,500 -- --
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 $2,869 $83,500 $1,600 $81,900
2024 $2,755 $83,500 $1,600 $81,900
2023 $2,505 $54,220 $800 $53,420
2022 $2,450 $54,220 $800 $53,420
2021 $2,239 $54,220 $800 $53,420
2020 $2,044 $39,080 $600 $38,480
2019 $2,044 $39,080 $600 $38,480
2018 $2,044 $39,080 $600 $38,480
2017 $1,927 $39,080 $600 $38,480
2016 $1,927 $39,080 $600 $38,480
2015 $1,791 $37,080 $1,000 $36,080
2014 $1,791 $37,080 $1,000 $36,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1262030

Northwest Arkansas Board of REALTORS®

APN: 16-35763-000