NOT LISTED FOR SALE

1008 Covey Place Bentonville, AR 72712

Estimated Value: $1,531,000 - $1,798,535

6 Beds
5.5 Baths
7,958 Sq Ft
$211/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $737,500 $93 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $10,268/month

172 Days on Market

Highlights

  • Media Room
  • In Ground Pool
  • 1.61 Acre Lot
  • Thomas Jefferson Elementary School Rated A
  • Two Primary Bedrooms
  • Fireplace in Bedroom

About This Home

As of March 2020

Back on the market at a HOT new price due to buyers financing and is move-in ready for you to make it yours before the end of 2019! This prestigious home has been given new life with this complete remodel! E. Fay Jones inspired architectural design will have you in "awe" from the moment you pull up. Modern finishes meets extreme functionality with this ideal layout for any buyer. Love to entertain? This is a MUST SEE! Outdoor oasis that will make your home the talk of the town offering over-sized pool, commercial size water fountain, feng shui courtyard & landscaping to create the most tranquil space. Too many features to name-come see it!

Last Agent to Sell the Property

Eden Mejia

Keller Williams Market Pro Realty Branch Office License #EB00075430 Listed on: 08/27/2019

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Eden Mejia

Keller Williams Market Pro Realty Branch Office License #EB00075430 Listed on: 08/27/2019

Keller Williams Market Pro Realty Branch Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1986

Lot Details

  • 1.61 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Stucco

Interior Spaces

  • 7,958 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Triple Pane Windows
  • ENERGY STAR Qualified Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Media Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Storage Room
  • Washer and Dryer Hookup
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Bedroom
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • City Lot

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 1

Community Details

Recreation

  • Park

Additional Features

  • Quail Run II Ph II Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,494

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.61
  • Road Frontage Type: Public Road
  • Subdivision Name: Quail Run II Ph II
  • Directions: 71 N. (WALTON BLVD) LEFT ON 12TH, RIGHT ON NW K, RIGHT ON COVEY PLACE. SITS AT THE TOP OF CUL-DE-SAC
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Appliances
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1986
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Appliances: Some Gas Appliances, Double Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Bedroom, Family Room, Gas Log, Living Room, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, Quartz Counters, Split Bedrooms, See Remarks, Solid Surface Counters, Skylights, Walk-In Closet(s), Wired for Sound, Multiple Living Areas, Multiple Master Suites, Storage
  • Living Area: 7958.0
  • Dining Room Type: Bonus Room, Exercise Room, Game Room, Library, Living Room, Master Bedroom, Media Room, Office, Storage Room
  • Window Features: ENERGY STAR Qualified Windows, Triple Pane Windows, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Other, Partial, Privacy, See Remarks, Wood
  • Lot Features: Cul-De-Sac, City Lot, Landscaped, Level, Near Park, Subdivision
  • Pool Features: In Ground, Pool, Private
  • Pool Private: Yes
  • Waterfront Features: None
  • Construction Type: Rock, Stucco
  • Direction Faces: South
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating: Central, Electric, ENERGY STAR Qualified Equipment
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7494.0
  • Tax Block: 1
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Mar 17, 2020
Sold by
Mejia Enterprises Llc
Bought by
Cormex Llc
Seller's Agent
Eden Mejia
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Eden Mejia
Keller Williams Market Pro Realty Branch Office
List Price
$880,470
Sold Price
$737,500
Premium/Discount to List
-$142,970
-16.24%
Current Estimated Value
$1,678,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,012
Avg. Annual Appreciation
15.61%
Original Mortgage
$590,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2017
Sold by
Pearson Zachary C
Bought by
Mejia Enterprises Llc

Purchase Details

Closed on
Jul 2, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Pearson Zachary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
4.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 18, 2010
Sold by
Moss Kyle D and Moss Shelly James
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 6, 2004
Bought by
Moss

Purchase Details

Closed on
Mar 3, 2003
Bought by
Williams

Purchase Details

Closed on
Oct 19, 1994
Bought by
Hatfield Trust

Purchase Details

Closed on
Aug 18, 1993
Bought by
Hatfield J

Purchase Details

Closed on
Nov 3, 1986
Bought by
Hatfield

Purchase Details

Closed on
Mar 20, 1986
Bought by
Hatfield

Purchase Details

Closed on
Mar 7, 1986
Bought by
Hatfield

Purchase Details

Closed on
Jan 20, 1984
Bought by
Hatfield
Source: Public Records

Range of Values:

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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
Cormex Llc $737,500 Waco Title Company
Mejia Enterprises Llc $260,000 None Available
Pearson Zachary C $473,000 Associates Closing & Title
Hsbc Bank Usa National Association $775,000 None Available
Moss $470,000 --
Moss $470,000 --
Williams $470,000 --
Hatfield Trust -- --
Hatfield J -- --
Hatfield $4,000 --
Hatfield -- --
Hatfield -- --
Hatfield $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cormex Llc $590,000
Previous Owner Pearson Zachary C $47,250
Previous Owner Pearson Zachary C $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2020 03/17/20 Sold $737,500 -16.2% $93 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
08/27/2019 08/27/19 For Sale $880,470 -- $111 / 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 $17,063 $334,025 $24,150 $309,875
2024 $15,712 $334,025 $24,150 $309,875
2023 $14,284 $231,130 $15,130 $216,000
2022 $14,631 $231,130 $15,130 $216,000
2021 $14,582 $231,130 $15,130 $216,000
2020 $11,629 $182,560 $9,020 $173,540
2019 $11,629 $182,560 $9,020 $173,540
2018 $8,917 $139,990 $9,020 $130,970
2017 $7,494 $139,990 $9,020 $130,970
2016 $7,494 $139,990 $9,020 $130,970
2015 $6,824 $110,420 $6,830 $103,590
2014 $6,474 $110,420 $6,830 $103,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1123998

Northwest Arkansas Board of REALTORS®

APN: 01-03736-000