NOT LISTED FOR SALE

Estimated Value: $270,000 - $572,000

20.53 Acres
$17,540 Price per Acre
894,287 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $58,000

Est. 463% increase in value since last sale

Current estimated payment $1,798/month

106 Days on Market

Highlights

  • 20.53 Acre Lot
  • Pond
  • Livestock Allowed
  • Mountain View

About This Lot

As of December 2018

Nice property near town on old homestead. Has 2 septics (per owner) city water, electric and two ponds. Needs some clearing, could be a beautiful home spot. No disclosure available

Last Agent to Sell the Property

Nancy Wright

RE/MAX Mena Real Estate, Inc. Listed on: 09/05/2018

RE/MAX Mena Real Estate, Inc.

Last Buyer's Agent

Kevin Smallwood

RE/MAX Mena Real Estate, Inc.

RE/MAX Mena Real Estate, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 20.53 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Lot Sloped Up

Outdoor Features

  • Pond
  • Stock Pond

Schools

  • Mena Elementary And Middle School
  • Mena High School

Utilities

  • Co-Op Electric
  • Perc Approved Septic

Additional Features

  • Mountain Views
  • Livestock Allowed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Restrictions: Any Builder, Mobiles Allowed
  • Class: Vacant Land
  • LVT Date: 10/19/2018
  • Road Surface: Paved
  • Type: Acreage
  • Estimated Road Frontage: 1000
  • Sold Price Per Acre: 2825.13
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Road: State Road

Utilities

  • Utilities: Septic Sbj Hlth Dpt Apprv, Water-Public, Electric-Co-Op

Schools

  • Junior High: Mena

Lot Info

  • Estimated Lot Size: 20.53
  • Estimated Lot Size: 20.53 acres
  • Lot: Sloped, Rural Property, Pond, Not In Subdivision, Mountain View, Upslope
  • Farm Ranch Features: Livestock Allowed, Stock Pond
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 29.85

MLS Schools

  • Elementary School: Mena
  • HighSchool: Mena
  • Middle School: Mena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 18, 2018
Sold by
Vaughn Engineering Inc
Bought by
Young James E and Park Chom Ak
Seller's Agent
Nancy Wright
RE/MAX Mena Real Estate, Inc.
Buyer's Agent
Kevin Smallwood
RE/MAX Mena Real Estate, Inc.
List Price
$59,500
Sold Price
$58,000
Premium/Discount to List
-$1,500
-2.52%
Current Estimated Value
$326,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,798
Avg. Annual Appreciation
29.47%
Original Mortgage
$46,400
Outstanding Balance
$17,211
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$342,888

Purchase Details

Closed on
Oct 27, 2000
Bought by
Vaughn Engineering, Inc.

Purchase Details

Closed on
Apr 29, 1998
Bought by
Erickson Brian W and Erickson Brian %
Source: Public Records
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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
Young James E $58,000 Mena Title Company Inc
Vaughn Engineering, Inc. $64,000 --
Nichols Debi K $40,000 --
Erickson Brian W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young James E $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2018 12/20/18 Sold $58,000 -2.5% --
09/05/2018 09/05/18 For Sale $59,500 -- --
Source: Cooperative Arkansas REALTORS® MLS

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 $1,075 $28,370 $4,430 $23,940
2024 $1,054 $28,370 $4,430 $23,940
2023 $1,032 $28,370 $4,430 $23,940
2022 $217 $5,150 $1,580 $3,570
2021 $217 $5,150 $1,580 $3,570
2020 $25 $2,150 $1,580 $570
2019 $25 $510 $510 $0
2018 $25 $520 $520 $0
2017 $25 $590 $590 $0
2016 $26 $590 $590 $0
2015 $26 $590 $590 $0
2014 $22 $590 $590 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18033268

Cooperative Arkansas REALTORS® MLS

APN: 0000-05154-0000