NOT LISTED FOR SALE

Lot 2 Highlands Way Springdale, AR 72728

Estimated Value: $827,000 - $1,056,000

1.78 Acres
$535,393 Price per Acre
77,537 Sq Ft Lot

Last Sold October 28, 2021

Last sale price $135,000

Est. 606% increase in value since last sale

Current estimated payment $5,912/month

3 Days on Market

Highlights

  • Home fronts a pond
  • 1.78 Acre Lot
  • Level Lot
  • Willis Shaw Elementary School Rated A-
  • Pond

About This Lot

As of October 2021

Set in the heart of Northwest Arkansas, Highlands at Elm Springs is a quiet retreat embracing rural living. This new construction community is inspired by traditional southern charm & the small-town character of Elm Springs. A place where preservation of the land’s surrounding beauty is paramount, & residents can experience city luxuries & country living in complete harmony. It’s a gated community that offers privacy, peacefulness, & the finest living in NWA. The perfect place to call home. Call Today! In Google Maps Search "Highlands at Elm Springs"

Last Agent to Sell the Property

Embry Thomas

Collier & Associates License #SA00081396 Listed on: 09/24/2021

Collier & Associates

Co-Listed By

Matt Dickhut

Collier & Associates License #SA00082257

Last Buyer's Agent

Dave Layman

Mathias Real Estate License #PB00078825

Mathias Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $607

Lot Details

  • 1.78 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Utilities

  • Septic Needed
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Highlands At Elm Springs Subdivision

Recreation

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$607

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.78
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 93103
  • Co List Office Phone: 479-274-0662
  • Subdivision Name: Highlands at Elm Springs
  • Directions: Head to Historic Elm Springs along HWY 112. Turn west on Water Street. Drive about 2 miles before turning north on the second Kenneth Price Road. Drive a half mile and you will find The Highlands at Elm Springs on your left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: None, Subdivision, Level, Pond
  • Topography: Level
  • Waterfront Features: Pond

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Needed
  • Utilities: Fiber Optic Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 607.0
  • Tax Block: .
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Layman Family Trust
Bought by
Layman David Eugene and Layman Susan Renea
Current Estimated Value
$953,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$639,249
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$313,751

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 28, 2021
Sold by
Highlands At Elm Springs Llc
Bought by
Layman David E and Layman Susan R
Seller's Agent
Embry Thomas
Collier & Associates
Buyer's Agent
Dave Layman
Mathias Real Estate
List Price
$142,500
Sold Price
$135,000
Premium/Discount to List
-$7,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.06%

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 21, 2021
Sold by
Highlands At Elm Springs Llc
Bought by
Layman David E and Layman Susan R
Seller's Agent
Embry Thomas
Collier & Associates
Buyer's Agent
Dave Layman
Mathias Real Estate
List Price
$142,500
Sold Price
$135,000
Premium/Discount to List
-$7,500
-5.26%
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
Layman David Eugene -- None Listed On Document
Layman David E $135,000 Waco Title
Layman David E $135,000 Waco Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layman David Eugene $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $135,000 -5.3% --
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $142,500 -- --
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 $9,346 $183,970 $27,750 $156,220
2023 $1,390 $27,750 $27,750 $0
2022 $1,264 $24,300 $24,300 $0
2021 $629 $12,150 $12,150 $0
2020 $631 $12,150 $12,150 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Embry Thomas

    Collier & Associates

    (479) 200-9016

    32 in this area

    59 Total Sales

    Embry Thomas
    Section Image
  • Matt Dickhut

    Seller Co-Listing Agent in 2021

    Matt Dickhut

    Collier & Associates

    (479) 721-9751

    46 in this area

    247 Total Sales

    Matt Dickhut
    Section Image
  • Dave Layman

    Buyer's Agent in 2021

    Dave Layman

    Mathias Real Estate

    (479) 263-4000

    21 in this area

    244 Total Sales

    Dave Layman
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1198667

Northwest Arkansas Board of REALTORS®

APN: 750-01160-000

Arkansas Washington County Springdale

Lot 2 Highlands Way, Springdale, AR

This home is located at Lot 2 Highlands Way, Springdale, AR 72728 since 24 September 2021 and is currently estimated at $953,000. Lot 2 Highlands Way is a home located in Washington County with nearby schools including Willis Shaw Elementary School, Hellstern Middle School, and Central Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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