NOT LISTED FOR SALE

1001 Covey Place Bentonville, AR 72712

Estimated Value: $877,000 - $1,209,678

5 Beds
7 Baths
5,718 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $450,000 $79 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $6,061/month

208 Days on Market

Highlights

  • Pool House
  • 1.33 Acre Lot
  • Property is near a park
  • Thomas Jefferson Elementary School Rated A
  • Deck
  • Secluded Lot

About This Home

As of April 2017

1 & 1/3 ACRES (MOL) IN THE HEART OF BENTONVILLE. 5 BEDROOMS, ADDTL. SQ. FT D/STAIRS FOR MEDIA ROOM, GYM, LET THE IMAGINATION RUN WILD! BACK YARD PARADISE, POOL & POOL HOUSE, HOT TUB, 2ND STORY GAZEBO, WITHIN MINUTES FROM BENTONVILLE TRAILS! ONE OF A KIND!

Last Agent to Sell the Property

Sheila A1realtors

A-1 Realty License #SA00059475 Listed on: 08/22/2016

Last Buyer's Agent

The Limbird Team

Limbird Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,382

Year Built

  • Built in 1993

Lot Details

  • 1.33 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Secluded Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 5,718 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Property Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • Pool House
  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outbuilding

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 22 / REPLAT/1

Community Details

Recreation

  • Park

Additional Features

  • Quail Run II Ph III Bentonville Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,382

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.33
  • Road Frontage Type: Public Road
  • Subdivision Name: Quail Run II Ph III Bentonville
  • Directions: FROM N. WALTON, LEFT ON N. 12TH, RIGHT ON K STREET, FOLLOW AROUND TO CURVE WHICH BECOMES COVEY PLACE.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Self Cleaning Oven, Plumbed For Ice Maker
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Hot Tub/Spa, Pantry, Split Bedrooms, Tile Counters, Walk-In Closet(s)
  • Living Area: 5718.0
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, City Lot, Landscaped, Level, Near Park, Subdivision, Secluded, Views
  • Pool Features: In Ground, Pool, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Other Structures: Outbuilding, Pool House, Storage
  • Patio And Porch Features: Balcony, Covered, Deck, Enclosed, Patio, Porch
  • Roof: Shake, Wood

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Circular Driveway, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Fire Station, Near Hospital, Near Schools, Park, Shopping, Sidewalks

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4382.0
  • Tax Block: REPLAT/1
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Apr 18, 2017
Sold by
Young Sey S
Bought by
Stockley Jerome
Seller's Agent
Sheila A1realtors
A-1 Realty
Buyer's Agent
The Limbird Team
Limbird Real Estate Group
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Current Estimated Value
$1,052,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,420
Avg. Annual Appreciation
10.41%
Original Mortgage
$405,000
Outstanding Balance
$337,021
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$715,399

Purchase Details

Closed on
Aug 31, 2006
Sold by
Young Nancy E
Bought by
Young Sey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1994
Bought by
Young

Purchase Details

Closed on
Sep 2, 1992
Bought by
Wissinger

Purchase Details

Closed on
Mar 20, 1986
Bought by
Short

Purchase Details

Closed on
Mar 7, 1986
Bought by
Short

Purchase Details

Closed on
Nov 20, 1984
Bought by
Short
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
Stockley Jerome $450,000 City Title & Closing Llc
Young Sey S -- Triad Title Llc
Young $271,000 --
Wissinger $240,000 --
Short -- --
Short -- --
Short $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stockley Jerome $405,000
Previous Owner Young Sey S $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2017 04/18/17 Sold $450,000 -1.1% $79 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
08/22/2016 08/22/16 For Sale $455,000 -- $80 / Sq Ft
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 $6,176 $156,920 $19,950 $136,970
2024 $5,922 $156,920 $19,950 $136,970
2023 $5,640 $110,270 $12,500 $97,770
2022 $5,151 $110,270 $12,500 $97,770
2021 $4,882 $110,270 $12,500 $97,770
2020 $4,680 $79,360 $7,450 $71,910
2019 $4,680 $79,360 $7,450 $71,910
2018 $4,705 $79,360 $7,450 $71,910
2017 $4,547 $79,360 $7,450 $71,910
2016 $4,547 $79,360 $7,450 $71,910
2015 $4,732 $76,570 $5,990 $70,580
2014 $4,382 $76,570 $5,990 $70,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1024992

Northwest Arkansas Board of REALTORS®

APN: 01-04706-000