NOT LISTED FOR SALE

8251 SW Regional Airport Blvd Bentonville, AR 72712

Estimated Value: $181,000 - $861,000

50.17 Acres
$11,299 Price per Acre
2,185,405 Sq Ft Lot

Last Sold April 30, 2014

Last sale price $400,000 $206 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,994/month

755 Days on Market

Highlights

  • 50.17 Acre Lot
  • Fenced
  • Level Lot
  • Grimsley Junior High School Rated A

About This Lot

As of April 2014

50 +/- acres just 2.62 miles to XNA/NW AR Regional Airport. Located just across Highway from the Bentonville Industrial Park. Major Road Frontage. Available water and sewer near. Great Investment!! 5,700 cars p/day. Bring Offer

Last Agent to Sell the Property

Kristen Boozman

Portfolio Sotheby's International Realty License #PB00056879 Listed on: 03/05/2012

Portfolio Sotheby's International Realty

Last Buyer's Agent

Kristen Boozman

Portfolio Sotheby's International Realty License #PB00056879 Listed on: 03/05/2012

Portfolio Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,002

Lot Details

  • 50.17 Acre Lot
  • Property fronts a highway
  • Fenced
  • Level Lot

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Community Details

  • 20 19 31 Bentonville Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,002

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 50.17
  • Lot Size: x
  • Road Frontage Type: Highway, Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: 20-19-31-Bentonville
  • Directions: Highway 12 from Bentonville towards Airport., property located across from the Bentonville Industrial Park.
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Full Bathrooms: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Not In Subdivision, Level
  • Topography: Level,Sloping

Utilities

  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1002.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2017
Sold by
Grimsley Carolyn and Grimsley Family Revocable Trus
Bought by
Grimsley Carolyn and Grimsley Family Irrevocable Tr
Current Estimated Value
$566,861

Purchase Details

Listed on
Mar 5, 2012
Closed on
Apr 30, 2014
Sold by
Cap Reo 1 Llc
Bought by
Grimsley Family Revocable Trust and Grimsley Carolun
Seller's Agent
Kristen Boozman
Portfolio Sotheby's International Realty
Buyer's Agent
Kristen Boozman
Portfolio Sotheby's International Realty
List Price
$700,000
Sold Price
$400,000
Premium/Discount to List
-$300,000
-42.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Commissioner Of State Lands
Bought by
Cap Reo 1 Llc

Purchase Details

Closed on
Apr 25, 2006
Sold by
Plj Investment Llc
Bought by
Mdd Llc

Purchase Details

Closed on
Jan 17, 2005
Sold by
Mascaro Ralph Michael and Mascaro Davi D
Bought by
Plj Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.68%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1992
Bought by
Iii Mascaro

Purchase Details

Closed on
Aug 16, 1983
Bought by
Mascaro
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
Grimsley Carolyn -- None Available
Grimsley Family Revocable Trust $400,000 City Title
Cap Reo 1 Llc $5,497 None Available
Mdd Llc $2,725,000 Waco Title Company
Plj Investments Llc $2,000,000 None Available
Iii Mascaro -- --
Mascaro $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plj Investments Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $400,000 -42.9% $206 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/05/2012 03/05/12 For Sale $700,000 -- $361 / Sq Ft
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 $154 $2,504 $2,504 --
2024 $155 $2,504 $2,504 $0
2023 $148 $2,390 $2,390 $0
2022 $153 $2,390 $2,390 $0
2021 $152 $2,390 $2,390 $0
2020 $146 $2,290 $2,290 $0
2019 $146 $2,290 $2,290 $0
2018 $146 $2,290 $2,290 $0
2017 $1,382 $21,700 $7,850 $13,850
2016 $1,233 $21,700 $7,850 $13,850
2015 $1,122 $18,160 $8,020 $10,140
2014 $1,122 $18,160 $8,020 $10,140
Source: Public Records

Agents Affiliated with this Home

  • Kristen Boozman

    Seller's Agent in 2014

    Kristen Boozman

    Portfolio Sotheby's International Realty

    (479) 273-6697

    8 in this area

    20 Total Sales

    Kristen Boozman
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 650958

Northwest Arkansas Board of REALTORS®

APN: 01-08209-000

Arkansas Benton County Bentonville 72712

8251 SW Regional Airport Blvd, Bentonville, AR

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