NOT LISTED FOR SALE

Estimated Value: $1,953,189

1.45 Acres
$1,347,027 Price per Acre
63,162 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $900,000

Est. 117% increase in value since last sale

Current estimated payment $11,769/month

450 Days on Market

Highlights

  • 1.45 Acre Lot
  • Conway Junior High School Rated A-
  • Level Lot

About This Lot

As of February 2024

Highly visible commercial lot just off I-40 off Oak Street.

Last Agent to Sell the Property

Clint Bailey

Moses Tucker Partners Listed on: 01/10/2022

Last Buyer's Agent

Clint Bailey

Moses Tucker Partners Listed on: 01/10/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,480

Lot Details

  • 1.45 Acre Lot
  • Property fronts an interstate
  • Level Lot
  • Property is zoned C-3

Property Details

Property Type

Land

Est. Annual Taxes

$6,480

Lot Details

0

Listing Details

  • Class: Vacant Land
  • Inside City Limits: Yes
  • LVT Date: 07/28/2022
  • Price Per Sq Ft: 620689.66
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Commercial Lot
  • Zoning: C-3
  • Price Per Acre: 689655.17
  • Sold Price Per Acre: 620689.66
  • Transportation: Highway Frontage, Near Interstate
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: Interstate, U.S. Highway

Lot Info

  • Estimated Lot Size: 1.45
  • Estimated Lot Size: 63162
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 6480.34
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2020
Sold by
Conway Lodging Inc
Bought by
Conway Oak Land Llc
Current Estimated Value
$1,953,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2008
Bought by
City Of Conway

Purchase Details

Closed on
Jul 18, 2006
Bought by
Cli and Cli Ohm

Purchase Details

Closed on
Mar 13, 2006
Bought by
Ohm Hospitality
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
Conway Oak Land Llc $700,000 Lenders Title Company
City Of Conway -- --
Cli -- --
Ohm Hospitality $1,938,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Conway Oak Land Llc $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $900,000 0.0% --
04/05/2023 04/05/23 Pending -- -- --
01/10/2023 01/10/23 Off Market $900,000 -- --
09/29/2022 09/29/22 For Sale $1,000,000 0.0% --
07/28/2022 07/28/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,000,000 -- --
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 $16,465 $350,610 $87,120 $263,490
2024 $15,092 $350,610 $87,120 $263,490
2023 $13,720 $271,150 $87,120 $184,030
2022 $13,497 $266,730 $87,120 $179,610
2021 $13,497 $266,730 $87,120 $179,610
2020 $15,532 $306,950 $87,120 $219,830
2019 $15,532 $306,950 $87,120 $219,830
2018 $15,532 $306,950 $87,120 $219,830
2017 $15,532 $306,950 $87,120 $219,830
2016 $15,532 $306,950 $87,120 $219,830
2015 $18,435 $364,320 $87,120 $277,200
2014 $18,435 $364,320 $87,120 $277,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22025648

Cooperative Arkansas REALTORS® MLS

APN: 710-07852-005