NOT LISTED FOR SALE

LakeFront Mitchells Mile Rd Garfield, AR 72732

Estimated Value: $200,000 - $3,528,000

5.56 Acres
$335,252 Price per Acre
242,194 Sq Ft Lot

Last Sold January 12, 2018

Last sale price $45,000

Est. 4,042% increase in value since last sale

Current estimated payment $10,156/month

238 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Secluded Lot
  • Garfield Elementary School Rated A-
  • Seasonal View
  • Pond

About This Lot

As of January 2018

404' of lake frontage, albeit in back of cove. And there are no restrictions; that's an attribute not found much anymore around the lake. Easy access from Mitchells Mile gravel road (only 1/3 mile off paved Slate Gap Rd), which runs thru the land. Sloping and wooded, but very walkable, corners marked. Build high and get a partial view. There are some neat rock formations up behind the top of property which could then be viewed out your back door. Or build low and walk to the water's edge. Shoot; build two homes on this property and have it both ways; there's plenty of room.

Last Agent to Sell the Property

John Niernberger

Beaver Lake Vacation Rentals License #SA00077206 Listed on: 04/18/2017

Co-Listed By

Deborah Holscher

Beaver Lake Vacation Rentals License #SA00074231

Last Buyer's Agent

John Niernberger

Beaver Lake Vacation Rentals License #SA00077206 Listed on: 04/18/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Lot Details

  • 5.56 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Creek or Stream
  • Rural Setting
  • Secluded Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Landscaped with Trees

Utilities

  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Additional Features

  • Seasonal Views
  • Outside City Limits
  • Mobile Home Allowed

Community Details

Overview

  • Community Lake

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$411

Lot Details

0

Listing Details

  • Property Sub Type: Recreation
  • Prop. Type: Land
  • Lot Size Acres: 5.56
  • Lot Size: Irregular
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Gravel
  • Water Body Name: Beaver Lake
  • Co List Office Mls Id: 12498
  • Co List Office Phone: 479-359-2000
  • Subdivision Name: N/A
  • Directions: Hwy 62 at Garfield: SE on Hwy 127 towards lake apprx 5 miles to Slate Gap Rd, right south apprx 1 1/2 miles to Mitchells Mile Rd, left SE apprx 1/3 mile; land on both sides of road -- Look for INFO box
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Mobile Home Allowed, Not In Subdivision, Outside City Limits, Recreational, Rural Lot, Secluded, Sloped, Views, Waterfront, Pond, Stream/Creek, Wooded
  • Topography: Rolling
  • View: Seasonal View
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Not Available, Electricity Available
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 411.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2018
Sold by
Morreale Ross N and Morreale Frances I
Bought by
Morreale Ross N
Current Estimated Value
$1,864,000

Purchase Details

Closed on
Sep 6, 2000
Bought by
Fletcher

Purchase Details

Closed on
Sep 21, 1999
Bought by
Re: Mitchell Tr

Purchase Details

Closed on
Oct 23, 1997
Bought by
Mitchell Tr-Page Tr 4.96A

Purchase Details

Closed on
Jun 5, 1996
Bought by
Wayland

Purchase Details

Closed on
Mar 28, 1994
Bought by
Re: Mitchell Tr

Purchase Details

Closed on
Jan 28, 1993
Bought by
Smith

Purchase Details

Closed on
Feb 25, 1991
Bought by
Andrews

Purchase Details

Closed on
Dec 3, 1990
Bought by
Abrams

Purchase Details

Closed on
Mar 15, 1990
Bought by
Mitchell Tr

Purchase Details

Closed on
Mar 8, 1990
Bought by
Mitchell Revocable Trust

Purchase Details

Closed on
Jun 14, 1988
Bought by
Abney
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
Morreale Ross N -- None Available
Fletcher -- --
Re: Mitchell Tr -- --
Billy E Mitchell -- --
Mitchell Tr-Page Tr 4.96A $40,000 --
Wayland $18,000 --
Re: Mitchell Tr -- --
Smith $43,000 --
Andrews $21,000 --
Abrams $27,000 --
Mitchell Tr -- --
Mitchell Revocable Trust -- --
Abney $22,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $45,000 -41.6% --
12/13/2017 12/13/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $77,000 -- --
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
2024 $5 $111 $111 $0
2023 $5 $110 $110 $0
2022 $7 $110 $110 $0
2021 $7 $110 $110 $0
2020 $8 $130 $130 $0
2019 $8 $130 $130 $0
2018 $522 $19,130 $19,130 $0
2017 $412 $19,130 $19,130 $0
2016 $412 $19,130 $19,130 $0
2015 $374 $7,780 $7,780 $0
2014 $374 $41,850 $11,080 $30,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1045744

Northwest Arkansas Board of REALTORS®

APN: 18-01548-000