NOT LISTED FOR SALE

Lot 2 NE 8th Ave Gravette, AR 72736

Estimated Value: $617,000

7 Acres
$89,291 Price per Acre
301,000 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $110,000

Est. 461% increase in value since last sale

Current estimated payment $3,455/month

5 Days on Market

Highlights

  • 6.91 Acre Lot
  • Partially Wooded Lot
  • Lot Has A Rolling Slope
  • Gravette Middle School Rated A-
  • Cul-De-Sac

About This Lot

As of May 2022

6.91 acre Lot located in beautiful Lynchburg Estates. All the conveniences of being close to everything Northwest Arkansas has to offer but with the privacy of a rural subdivision. Relatively flat acreage, with multiple sites to build. Natural gas, Carroll Electric & public water. Just minutes to Gravette high school. Come visit and envision building your dream home!
Please do not drive on neighbor's private driveway.

Last Agent to Sell the Property

John Mayer

Better Homes and Gardens Real Estate Journey Bento Listed on: 04/14/2022

Better Homes and Gardens Real Estate Journey Bento

Last Buyer's Agent

Jean Lance

Crye-Leike Realtors - Bentonville License #SA00062429

Crye-Leike Realtors - Bentonville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $478

Lot Details

  • 6.91 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Lynchburg Estates Ph 1 Rurban Subdivision

Listing and Financial Details

  • Tax Lot 2

Property Details

Property Type

Land

Est. Annual Taxes

$478

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 6.91
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Gravel
  • Subdivision Name: Lynchburg Estates Ph 1 Rurban
  • Directions: MAP TO MISSING Ridge - Hwy 59 N, Rt on Detroit St(by Dollar General). Detroit becomes 8th St at 1st curve. Next curve, veer left to stay on 8th St NE. Follow approx. 1 mile. Rt on Lynchburg Rd, rt on Sunburst Ln, Rt on Missing Rdg, look for sign on right.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, None, Rolling Slope, Subdivision
  • Topography: Sloping

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 478.0
  • Tax Block: --
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 4, 2022
Sold by
Mowery Ii Charles T and Mowery Courtnie D
Bought by
Lopez Marcus J
Seller's Agent
John Mayer
Better Homes and Gardens Real Estate Journey Bento
Buyer's Agent
Jean Lance
Crye-Leike Realtors - Bentonville
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%
Current Estimated Value
$617,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,000
Avg. Annual Appreciation
66.70%
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
Lopez Marcus J $110,000 Pender James R
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Senior Investments Llc $38,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $110,000 -4.3% --
04/20/2022 04/20/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $115,000 -- --
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 $859 $29,022 $29,022 $0
2023 $781 $17,620 $17,620 $0
2022 $523 $17,620 $17,620 $0
2021 $478 $17,620 $17,620 $0
2020 $437 $9,330 $9,330 $0
2019 $10 $180 $180 $0
2018 $10 $180 $180 $0
2017 $9 $180 $180 $0
2016 $9 $180 $180 $0
Source: Public Records

Agents Affiliated with this Home

  • John Mayer

    Seller's Agent in 2022

    John Mayer

    Better Homes and Gardens Real Estate Journey Bento

    (479) 319-3737

    4 in this area

    351 Total Sales

    Section Image
  • Jean Lance

    Buyer's Agent in 2022

    Jean Lance

    Crye-Leike Realtors - Bentonville

    (479) 273-1778

    6 in this area

    166 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1214901

Northwest Arkansas Board of REALTORS®

APN: 15-84754-000

Arkansas Benton County Gravette 72736

Lot 2 NE 8th Ave, Gravette, AR

This home is located at Lot 2 NE 8th Ave, Gravette, AR 72736 since 14 April 2022 and is currently estimated at $617,000. Lot 2 NE 8th Ave is a home located in Benton County with nearby schools including Glenn Duffy Elementary School, Gravette Upper Elementary School, and Gravette Middle 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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