NOT LISTED FOR SALE

Lot 5 Ozark Dr Garfield, AR 72732

Estimated Value: $205,000 - $307,000

0.56 Acre
$471,429 Price per Acre
24,394 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $60,000

Est. 340% increase in value since last sale

Current estimated payment $1,515/month

164 Days on Market

Highlights

  • Partially Wooded Lot
  • Cul-De-Sac
  • Views
  • Garfield Elementary School Rated A-
  • Interior Lot

About This Lot

As of April 2021

Del Lago Estates is an exclusive subdivision on the North end of Beaver Lake. It is a gated community that is protected with covenants and restrictions surrounded by beautiful custom built homes. There is an opportunity to have a boat slip and lift in a community dock.

Last Agent to Sell the Property

Stephen Sohosky

Beaver Lake Realty License #PB00084621 Listed on: 10/17/2020

Last Buyer's Agent

Amy Turner

Heritage Group Real Estate Co. - NWA License #SA00086174

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 191'x195'x129x196'
  • Cul-De-Sac
  • Interior Lot
  • Sloped Lot
  • Partially Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Location

  • Outside City Limits

Utilities

  • Natural Gas Not Available
  • Not Connected to Sewer

Additional Features

  • Property Views

Community Details

  • Del Lago Estates Unit 2 Rurban Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / Unit 2

Property Details

Property Type

Land

Est. Annual Taxes

$516

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.56
  • Lot Size: 191'x195'x129x196'
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: Del Lago Estates Unit 2 Rurban
  • Directions: Highway 62 E 16 mi to Indian Creek Rd, turn R, 3 miles to Dam Site Rd, turn L, follow road to Dam Site Loop, turn R, follow apprx 1.5 miles, R into Del Lago Estates, R on Beaver Way, R onto Ozark Drive. Lot 5 is on the right at the back of the cul de sac.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Interior Lot, Outside City Limits, Other, Subdivision, See Remarks, Views
  • Topography: Sloping
  • View: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 516.0
  • Tax Block: Unit 2
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Apr 29, 2021
Sold by
Bauman Family Trust and Bauman Jennifer K
Bought by
Webb Brian C and Webb Jody
Seller's Agent
Stephen Sohosky
Beaver Lake Realty
Buyer's Agent
Amy Turner
Heritage Group Real Estate Co. - NWA
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,000
Avg. Annual Appreciation
38.79%

Purchase Details

Closed on
Apr 24, 2008
Sold by
Big Country Investments Inc
Bought by
Bauman Jon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,270
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1999
Bought by
Big Country Inv 32Lts

Purchase Details

Closed on
Mar 1, 1996
Bought by
Re Odum Trust

Purchase Details

Closed on
Feb 23, 1987
Bought by
Feder
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
Webb Brian C $60,000 None Listed On Document
Bauman Jon J $90,000 None Available
Big Country Inv 32Lts -- --
Re Odum Trust -- --
Feder- Odum Trust 45 Lts $318,000 --
Feder L -- --
Tull Knows Land -- --
Corn Knows Land -- --
Feder $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauman Jon J $74,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $60,000 -24.9% --
03/31/2021 03/31/21 Pending -- -- --
10/17/2020 10/17/20 For Sale $79,900 -- --
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 $918 $31,000 $31,000 --
2024 $794 $31,000 $31,000 $0
2023 $722 $15,000 $15,000 $0
2022 $776 $15,000 $15,000 $0
2021 $567 $15,000 $15,000 $0
2020 $516 $10,000 $10,000 $0
2019 $516 $10,000 $10,000 $0
2018 $516 $10,000 $10,000 $0
2017 $481 $10,000 $10,000 $0
2016 $481 $10,000 $10,000 $0
2015 $616 $12,800 $12,800 $0
2014 $616 $12,800 $12,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Sohosky

    Seller's Agent in 2021

    Stephen Sohosky

    Beaver Lake Realty

    (479) 366-7646

    84 Total Sales

    Stephen Sohosky
    Section Image

  • A

    Buyer's Agent in 2021

    Amy Turner

    Heritage Group Real Estate Co. - NWA

    (479) 439-3137

    20 Total Sales

    Amy Turner
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1163847

Northwest Arkansas Board of REALTORS®

APN: 15-02224-000

Arkansas Benton County Garfield 72732

Lot 5 Ozark Dr, Garfield, AR

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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