NOT LISTED FOR SALE

TBD Magnetic Rd Eureka Springs, AR 72632

Estimated Value: $65,000 - $107,000

0.13 Acre
$661,538 Price per Acre
5,663 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $30,000

Est. 187% increase in value since last sale

Current estimated payment $474/month

185 Days on Market

Highlights

  • Partially Wooded Lot
  • Public Transportation
  • 1-minute walk to Eureka Springs Music Park
  • Eureka Springs Elementary School Rated A-
  • Trails

About This Lot

As of June 2022

Looking for your very own Eureka Springs Oasis? This is a small downtown property that promises big rewards. This beautifully moss covered plot of land is an absolutely perfect building site for a tiny home or artist studio. The view from all angles is simply awe inspiring! This little gem of a property is neatly tucked right into a downtown Eureka Springs residential zone, but will feel as though you're out in the country. It is only a short walk from our historic downtown shopping district. It is also conveniently located on both the yellow and blue trolly routes. This partially wooded parcel features a handful of mature trees and a nice flat building site with a stunning moss covered rock bluff at the back side of the property line. If you love hiking and cycling , you've got it made in Eureka! It is located at the base of the new hiking and biking trails at The Great Passion Play. It also sits across the street from the beautifully city maintained and landscaped Magnetic Spring.

Last Agent to Sell the Property

Lyla Allison

Keller Williams Market Pro Realty Branch Office License #EB00091282 Listed on: 10/22/2021

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Lyla Allison

Keller Williams Market Pro Realty Branch Office License #EB00091282 Listed on: 10/22/2021

Keller Williams Market Pro Realty Branch Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $152

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Wooded Lot

Utilities

  • Not Connected to Sewer

Listing and Financial Details

  • Legal Lot and Block 1/2 12,13,14 / 1

Community Details

Recreation

  • Trails

Additional Features

  • Magnetic Bays Sur Subdivision
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$152

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.13
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Magnetic Bays Sur
  • Directions: From HWY23 and HWY62 down Planer Hill to Main Street, follow Main Street North toward the train station. Turn right on Magnetic Road at the Passion Play sign. Driveway immediately on the right for #1 Magnetic; This property begins to the left of driveway.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation, Trails/Paths

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 152.0
  • Tax Block: 1
  • Tax Lot: 1/2 12,13,14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2017
Sold by
Allen Gerald R and Allen Mable K
Bought by
Aye Ko Myint
Current Estimated Value
$86,000

Purchase Details

Closed on
Jul 3, 2017
Sold by
Thurston John
Bought by
Thompson Pauline

Purchase Details

Closed on
Nov 22, 1978
Bought by
From Ames Less Bl
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
Aye Ko Myint $79,900 Kings River Title
Thompson Pauline $5,000 None Available
From Ames Less Bl $1,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $30,000 -23.1% --
04/26/2022 04/26/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $39,000 +18.2% --
10/22/2021 10/22/21 For Sale $33,000 -- --
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 $197 $5,250 $5,250 $0
2023 $182 $5,250 $5,250 $0
2022 $167 $5,250 $5,250 $0
2021 $152 $3,000 $3,000 $0
2020 $152 $3,000 $3,000 $0
2019 $152 $3,000 $3,000 $0
2018 $152 $3,000 $3,000 $0
2017 $152 $3,000 $3,000 $0
2016 $152 $3,000 $3,000 $0
2015 $152 $3,000 $3,000 $0
2014 -- $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1201688

Northwest Arkansas Board of REALTORS®

APN: 925-00255-000