NOT LISTED FOR SALE

101 Somerset Bentonville, AR 72712

Estimated Value: $945,000 - $1,251,000

5 Beds
6 Baths
6,593 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 21, 2013

Last sale price $485,000 $74 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,771/month

125 Days on Market

Highlights

  • Wine Cellar
  • In Ground Pool
  • 2.19 Acre Lot
  • Thomas Jefferson Elementary School Rated A
  • Two Primary Bedrooms
  • Colonial Architecture

About This Home

As of February 2013

Immaculate home on just over 2 acres that has it all. Move in ready with a Grand entry way that invites you in to see 3 living areas , double staircase, tall ceilings, marble floors, hidden wine cellar, 2 master suites, In ground pool.,This southern style mansion meets all your needs less than 1.5 miles from the Wal Mart Home Office!

Last Agent to Sell the Property

Chuck Simmons

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00056899 Listed on: 09/18/2012

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Connie Viala

Lindsey & Assoc Inc Branch License #SA00017746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1992

Lot Details

  • 2.19 Acre Lot
  • Back Yard Fenced
  • Aluminum or Metal Fence
  • Landscaped
  • Corner Lot
  • Cleared Lot

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 6,593 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Wine Cellar
  • Great Room
  • Game Room
  • Storage Room
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space
  • Attic

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan

Home Security

  • Intercom
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Pool

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Community Details

Overview

  • Hanover Sub Ph I Rev Repl Bentonville Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,044

Year Built

Built in 1992

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.19
  • Lot Size: x
  • Road Frontage Type: Public Road
  • Subdivision Name: Hanover Sub Ph I Rev Repl-Bentonville
  • Directions: North Walton Blvd. Go 2 miles from WM home office, Left on RIdgefield into Sub. Left onto Somerset
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: House
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Some Electric Appliances, Built-In Range, Built-In Oven, Counter Top, Double Oven, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Interior Amenities: Attic, Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Intercom, Pantry, Split Bedrooms, See Remarks, Multiple Master Suites, Storage, Wine Cellar
  • Living Area: 6593.0
  • Dining Room Type: Game Room, Great Room, Master Bedroom, Storage Room, Wine Cellar
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Metal
  • Lot Features: Cleared, Corner Lot, City Lot, Landscaped, Near Park, Subdivision
  • Pool Features: In Ground, Pool, Private
  • Pool Private: Yes
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Other, See Remarks
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: 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
  • Association Fee: 75.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 7044.0
  • Tax Block: 1
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Feb 21, 2013
Sold by
Summerford Chad B and Summerford Stephanie L
Bought by
Myerson Robert F and Myerson Shoshana
Seller's Agent
Chuck Simmons
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Connie Viala
Lindsey & Assoc Inc Branch
List Price
$600,000
Sold Price
$485,000
Premium/Discount to List
-$115,000
-19.17%
Current Estimated Value
$1,090,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,503
Avg. Annual Appreciation
6.60%
Original Mortgage
$335,000
Outstanding Balance
$234,400
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$856,103

Purchase Details

Closed on
Aug 11, 2012
Sold by
Mott Randall D and Mott Shannon P
Bought by
Summerford Chad B and Summerford Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,762
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2010
Sold by
Jones Charles W and Jones Kathreen L
Bought by
Mott Randall D and Mott Shannon P

Purchase Details

Closed on
Dec 22, 2000
Bought by
Jones

Purchase Details

Closed on
Jul 15, 1997
Bought by
Northcutt

Purchase Details

Closed on
Oct 16, 1991
Bought by
Montgomery
Source: Public Records

Range of Values:

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Average Value
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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
Myerson Robert F $485,000 Mercury Title Llc
Summerford Chad B $413,000 Waco Title Company
Mott Randall D $425,000 Stewart Title Guaranty Co
Jones $410,000 --
Northcutt $474,000 --
Montgomery $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myerson Robert F $335,000
Previous Owner Summerford Chad B $329,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2013 02/21/13 Sold $485,000 -19.2% $74 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
09/18/2012 09/18/12 For Sale $600,000 -- $91 / 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 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $6,099 $0 $0 $0
2020 $6,099 $0 $0 $0
2019 $6,099 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $6,449 $104,350 $9,600 $94,750
2014 $6,099 $104,350 $9,600 $94,750
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chuck Simmons

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 381-4977

    12 in this area

    65 Total Sales

    Chuck Simmons
    Section Image

  • C

    Buyer's Agent in 2013

    Connie Viala

    Lindsey & Assoc Inc Branch

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 664596

Northwest Arkansas Board of REALTORS®

APN: 01-04943-000

Arkansas Benton County Bentonville 72712

101 Somerset, Bentonville, AR

This home is located at 101 Somerset, Bentonville, AR 72712 since 18 September 2012 and is currently estimated at $1,090,503, approximately $165 per square foot. This property was built in 1992. 101 Somerset is a home located in Benton County with nearby schools including Thomas Jefferson Elementary School, Lincoln Junior High School, and Ardis Ann Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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