NOT LISTED FOR SALE

Fayetteville, AR 72704

Savoy Neighborhood

Estimated Value: $128,000 - $284,000

5.43 Acres
$37,937 Price per Acre
236,531 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $38,000

Est. 442% increase in value since last sale

Current estimated payment $1,114/month

725 Days on Market

About This Lot

As of December 2020

Property has many mature trees. Electric at street.

Last Agent to Sell the Property

Will Schmidt

Arkansas Heritage Realty License #PB00057734 Listed on: 11/06/2018

Last Buyer's Agent

Jeremy Digby

Keller Williams Market Pro Realty License #SA00077604

Keller Williams Market Pro Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $342

Lot Details

  • 5.43 Acre Lot
  • Property fronts a highway
  • Sloped Lot
  • Wooded Lot

Additional Features

  • Mobile Home Allowed
  • Septic Needed

Community Details

  • Oakview Estates I & II Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 1

Property Details

Property Type

Land

Est. Annual Taxes

$342

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.43
  • Road Frontage Type: Highway
  • Subdivision Name: Oakview Estates I & II
  • Directions: Go west on hwy 16, property is 2.5 miles past the hwy 16 General Store (just past Wedington volunteer fire station) look for sign on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Fencing: None
  • Lot Features: Mobile Home Allowed, None, Wooded
  • Topography: Sloping

Utilities

  • Sewer: Septic Needed

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 67.0
  • Tax Block: 1
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Nov 28, 2020
Sold by
Schemmel Ryan
Bought by
Davidson Brock and Digby Jeremy
Seller's Agent
Will Schmidt
Arkansas Heritage Realty
Buyer's Agent
Jeremy Digby
Keller Williams Market Pro Realty
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%
Current Estimated Value
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,000
Avg. Annual Appreciation
40.32%
Original Mortgage
$24,700
Outstanding Balance
$441
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$205,559

Purchase Details

Listed on
Nov 6, 2018
Closed on
Nov 23, 2020
Sold by
Schemmel Ryan
Bought by
Davidson Brock and Digby Jeremy
Seller's Agent
Will Schmidt
Arkansas Heritage Realty
Buyer's Agent
Jeremy Digby
Keller Williams Market Pro Realty
List Price
$55,000
Sold Price
$38,000
Premium/Discount to List
-$17,000
-30.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Outstanding Balance
$441
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$205,559

Purchase Details

Closed on
Oct 14, 1994
Bought by
Pearson Wyma

Purchase Details

Closed on
Jul 1, 1994
Bought by
Pearson Development Inc

Purchase Details

Closed on
Jan 1, 1985
Bought by
Pearson C T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davidson Brock $38,000 Waco Title Co
Davidson Brock $38,000 None Listed On Document
Pearson Wyma -- --
Pearson Development Inc -- --
Pearson C T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Brock $24,700
Closed Davidson Brock $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $38,000 -30.9% --
11/01/2020 11/01/20 Pending -- -- --
11/06/2018 11/06/18 For Sale $55,000 -- --
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
2025 $342 $9,770 $9,770 $0
2024 $320 $9,770 $9,770 $0
2023 $302 $9,770 $9,770 $0
2022 $275 $5,610 $5,610 $0
2021 $275 $5,610 $5,610 $0
2020 $73 $5,610 $5,610 $0
2019 $67 $1,360 $1,360 $0
2018 $67 $1,360 $1,360 $0
2017 $7 $1,360 $1,360 $0
2016 $67 $1,360 $1,360 $0
2015 $67 $1,360 $1,360 $0
2014 $80 $1,630 $1,630 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Will Schmidt

    Arkansas Heritage Realty

    (501) 416-2822

    33 Total Sales

    Will Schmidt
    Section Image

  • J

    Buyer's Agent in 2020

    Jeremy Digby

    Keller Williams Market Pro Realty

    Section Image
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Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1097047

Northwest Arkansas Board of REALTORS®

APN: 370-12642-007

Arkansas Washington County Fayetteville 72704

Savoy

Not Listed for Sale

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