Check Availability
$625,000
↑ $175K (38.9%)
Land - For Sale

642 15th ST

Fayetteville, AR 72701
bedrooms
Studio
bathrooms
0 Bath
$3,069
Estimated Monthly

About This Property

Investors! Own a 0.53-acre lot across from Fayetteville's new Sanctuary development (mixed-use with apartments, offices, retail). Ideal for multi-family housing (RMF-24 zoning). Prime location near University of Arkansas, Razorback Greenway, and more. Revitalize the community and maximize your return. Don't miss out!
Unit Size
-
Days on Market
19 days
Land Size
0.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1956

Listed By

FJH Partners
eXp Realty NWA Branch
Last updated: 17 days ago (ARMLSAR #1276309)

Price History

Date / Event Date Event Price
May 30, 2024 Price Increased $625,000
↑ $175K (38.9%)
Price Increased
May 27, 2024 Listed by PAK Home Realty $450,000
Listed by PAK Home Realty
Feb 17, 2024 No longer available -
No longer available
Nov 18, 2023 Price Decreased $450,000
↓ $175K (28%)
Price Decreased
Feb 17, 2023 Listed by PAK Home Realty $625,000
Listed by PAK Home Realty
Looking for an investment property located in the Opportunity Zone in Fayetteville? This .53 acre of leveled land is located directly across the street from the proposed Sanctuary and is ready to be added to your investment portfolio. Zoned RMF-24 (Residential Multi-family) and just 1.5 miles from the University of Arkansas, Razorback Greenway, Baum Stadium, restaurants and more!
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: unknown
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: WILSON-DUNN ADD
  • Land Acres: 1
  • Legal Description 1: LOTS 6 -7 BLOCK 7

Ownership

  • Current Owner : LEWIN TRACY NEIL
  • Current Owner 2: 642 HWY 16
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 011104

Geography

  • Parcel: 765-12471-000
  • Block: 7
  • Lot: 6,7
  • Meridian: SEC 21 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0486
  • Longitude: -94.1687

    Address

  • Full Address: 642 W 15th St
  • Address - House Number: 642
  • Street Direction: W
  • Address - Street Name: 15th
  • Address - Suffix Type: St
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: C015
  • 4-Digit Zip Code: 6803
  • Zip Code: 72701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,423
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.0775
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 94
  • Final Value: 421,750
  • High Value: 454,477
  • Low Value: 389,023

    Market Valuation

  • Market Total Value: $209,050
  • Market Land Value: $112,500
  • Market Improvement Value: $96,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,810
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $19,310

    Sales

  • Current Sale Recording Date: Oct 01, 1992
  • Current Sale Transaction ID: 1892827612
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Sep 25, 1992
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$695,000 May 10, 2024
-
-
House
4 Beds
6 Baths
2,580 ft²
$244/ft²
$629,000 Mar 29, 2024
-
-
House
3 Beds
2.5 Baths
2,141 ft²
$259/ft²
$555,000 Dec 6, 2023
-
-
House
4 Beds
3.5 Baths
2,400 ft²
$223/ft²
$535,000 Jun 6, 2024
-
-

About Town Branch


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Frequently Asked Questions

When was property at 642 West 15th Street built and last sold?
The property at 642 West 15th Street was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 642 West 15th Street is $631,250.
What are some comparable homes to 642 West 15th Street?
There are currently no comparable homes to 642 West 15th Street.

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