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116 West Central Avenue

116 West Central Avenue, Bentonville, AR 72712
Property in Bentonville
This has been categorized as a commercial property type. There are a total of 2 floors. In total, the area measurement of the land is 2,178 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. The home has a rigid frame bar style roof made of roll composition. The exterior walls of the home are made of brick. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 116 West Central Avenue sold most recently in Jun 29, 2017 for a total of $1,175,000. If you work out the math, that's approximately a cost of $301.75 per sqft. Before that, the property was also sold for $675,000 in Nov 8, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,853 in taxes each year. 116 West Central Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $127,070. If we break it down further, the land itself was valued at $43,520. Improvements to the property, however, were assessed at a total of $83,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Roll composition
  • Floor Count: 2
  • Business/Commerical Units Count: 6
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 3,894
  • Gross Building Area: 3,894
  • Building Area: 3,894
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: BENTONVILLE ORIG-BENTONVILLE
  • Land Acres: 0.05
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: LOT & BLOCK: E24' 118

Ownership

  • Current Owner : ALTA VISTA LLC
  • Previous Owner : PREMIER HOLDINGS LLC
  • Owner Before Previous Owner: SELLERS RICHARD G
  • Owner Before Previous Owner 2: SCHULTZ CARRIE CYNTHIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020501

Geography

  • District: 01
  • Parcel: 01-01059-000
  • Lot: 118
  • Meridian: SEC 30 TWN 20 RNG 30
  • Municipality: BENTONVILLE
  • Latitude: 36.3725
  • Longitude: -94.2096

    Address

  • Full Address: 116 W Central Ave
  • Address - House Number: 116
  • Street Direction: W
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Bentonville
  • Carrier Code: C003
  • 4-Digit Zip Code: 5255
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,853
  • Tax Rate Code Area: C6

    Market Valuation

  • Market Total Value: $635,350
  • Market Land Value: $217,600
  • Market Improvement Value: $417,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,070
  • Assessed Land Value: $43,520
  • Assessed Improvements Value: $83,550

    Sales

  • Current Sale Contract Date: Jun 29, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Transaction ID: 1732334315
  • Current Sale Price: $1,175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 12, 2013
  • Previous Sale Contract Date: Nov 08, 2013
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Jul 03, 2017
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: FIRST WESTERN BANK
  • Previous Mortgage Transaction Date: Nov 12, 2013
  • Previous Mortgage Loan Amount: $528,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 08, 2018

About Bentonville



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Frequently Asked Questions

What neighborhood is 116 West Central Avenue located in?
The 116 West Central Avenue is a located in the neighborhood of Bentonville in Bentonville, Bentonville.
What is the average sales price for listings in 116 West Central Avenue?
The average sales price for units in 116 West Central Avenue is $0 currently.

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