NOT LISTED FOR SALE

Estimated Value: $1,079,260

3.28 Acres
$329,043 Price per Acre
142,877 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $325,000

Est. 232% increase in value since last sale

Current estimated payment $6,117/month

63 Days on Market

About This Lot

As of December 2016

Excellent visibility & great access for only $3.50psf!! 657' of frontage along Landers Rd, property is cleared & ready for development w/sewer on site & water available. Located across Hwy 67/167 from Kohl's and McDonald's, and adjacent to Bradford Marine. Current billboard income of $317/month w/unique opportunity to install your own billboard. Traffic count is 77,000 vehicles per day, with population of 84,000 in a 5 mile radius. Sherwood is experiencing extensive commercial growth.

Last Agent to Sell the Property

Ted Arnett

Arnett Realty & Investments Listed on: 09/28/2016

Last Buyer's Agent

Ted Arnett

Arnett Realty & Investments Listed on: 09/28/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,448

Lot Details

  • 3.28 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Cleared Lot
  • Property is zoned C-4, Central Business

Utilities

  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,448

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 09/28/2016
  • Road Surface: Paved
  • Type: Commercial Lot
  • Zoning: C-4
  • Zoning Type: Central Business
  • Sold Price Per Acre: 99085.37
  • Transportation: Highway Frontage
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: U.S. Highway

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Telephone-Private

Lot Info

  • Estimated Lot Size: 3.28
  • Estimated Lot Size: Irregular
  • Lot: Level, Cleared
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 5447.63
  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2023
Sold by
Broadway Bobs Inc
Bought by
Gmg Real Estate Llc
Current Estimated Value
$1,079,260
Source: Public Records

Range of Values:

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Average Value
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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
Gmg Real Estate Llc $900,000 American Abstract & Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $325,000 -35.0% --
11/30/2016 11/30/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $500,000 -- --
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
2025 $5,275 $101,250 $45,652 $55,598
2024 $5,275 $101,250 $45,652 $55,598
2023 $5,275 $101,250 $45,652 $55,598
2022 $5,732 $101,250 $45,652 $55,598
2021 $5,652 $100,500 $45,650 $54,850
2020 $5,632 $100,500 $45,650 $54,850
2019 $5,632 $100,500 $45,650 $54,850
2018 $5,628 $100,500 $45,650 $54,850
2017 $5,593 $100,500 $45,650 $54,850
2016 $6,457 $117,090 $72,310 $44,780
2015 $5,948 $117,090 $72,310 $44,780
2014 $5,948 $117,090 $72,310 $44,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16028850

Cooperative Arkansas REALTORS® MLS

APN: 23S-003-16-001-01