NOT LISTED FOR SALE

878 Johnson Rd Lonoke, AR 72086

Estimated Value: $112,000 - $330,763

72 Acres
$3,357 Price per Acre
3,136,320 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $324,000 $212 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $1,370/month

161 Days on Market

About This Lot

As of June 2023

72 acres +/- on Johnson Rd. in Lonoke. Approx. 40 acre mature pecan grove would be beautiful with surrounding undergrowth cleared. Would be a beautiful Pecan Grove estate or subdivided into parcels - all up to your imagination. Almost fully timbered with two prarie bayou crossing the NE corner of the property. Close commute to Little Rock, North Little Rock, or surrounding areas. 1940's vintage 1529 sq. ft. home conveys at no value with the land. Awesome for hunting or wildlife watching. Property is being sold as-is with no repairs to be done.

Last Agent to Sell the Property

Debra Stewart

RE/MAX Homefinders Listed on: 12/24/2022

RE/MAX Homefinders

Last Buyer's Agent

Debra Stewart

RE/MAX Homefinders Listed on: 12/24/2022

RE/MAX Homefinders

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $201

Lot Details

  • 72 Acre Lot
  • Property fronts a county road
  • Rural Setting

Location

  • Outside City Limits

Property Details

Property Type

Land

Est. Annual Taxes

$201

Lot Details

0

Listing Details

  • Class: Vacant Land
  • LVT Date: 12/24/2022
  • Price Per Sq Ft: 4500
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Acreage
  • Price Per Acre: 8000
  • Sold Price Per Acre: 4500
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: County Road

Utilities

  • Utilities: Some Util Avl-Not On Prop

Lot Info

  • Estimated Lot Size: 72
  • Estimated Lot Size: 3136320
  • Lot: Rural Property, Not In Subdivision, Out Of City, Unimproved
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 201.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2022
Closed on
Jun 7, 2023
Sold by
Green Constance E
Bought by
Ian Bromane Holdings Llc
Seller's Agent
Debra Stewart
RE/MAX Homefinders
Buyer's Agent
Debra Stewart
RE/MAX Homefinders
List Price
$576,000
Sold Price
$324,000
Premium/Discount to List
-$252,000
-43.75%
Views
146
Current Estimated Value
$250,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,038
Avg. Annual Appreciation
-12.16%
Original Mortgage
$244,000
Outstanding Balance
$142,804
Interest Rate
5.75%
Mortgage Type
Construction
Estimated Equity
$98,887

Purchase Details

Closed on
Mar 19, 1993
Bought by
Farler

Purchase Details

Closed on
Oct 17, 1990
Bought by
Dillon
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
Ian Bromane Holdings Llc $324,000 None Listed On Document
Green Constance E -- First National Title
Farler $3,000 --
Farler $3,000 --
Dillon $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ian Bromane Holdings Llc $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $324,000 -43.8% $212 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
12/24/2022 12/24/22 For Sale $576,000 -- $377 / Sq Ft
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 $151 $11,080 $2,710 $8,370
2023 $151 $11,080 $2,710 $8,370
2022 $201 $11,080 $2,710 $8,370
2021 $201 $11,080 $2,710 $8,370
2020 $212 $10,200 $2,920 $7,280
2019 $179 $10,200 $2,920 $7,280
2018 $204 $10,200 $2,920 $7,280
2017 $477 $10,200 $2,920 $7,280
2016 $204 $10,200 $2,920 $7,280
2015 $519 $12,520 $3,680 $8,840
2014 $242 $12,520 $3,680 $8,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22040749

Cooperative Arkansas REALTORS® MLS

APN: 001-08781-000