NOT LISTED FOR SALE

1069 Edgewater Dr Eureka Springs, AR 72631

Estimated Value: $689,000 - $1,524,000

3 Beds
2.5 Baths
2,800 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 12, 2012

Last sale price $282,000 $101 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $5,707/month

229 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wood Burning Stove
  • Eureka Springs Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of December 2012

Incredible value for the money! 2 boat slips with attached swim platform and plenty of sleeping area make an excellent weekend lake home or full time residence. Large living room and multiple eating areas offer plenty of space for a family and guests.,Paved driveway and 2 car garage give plenty of room for parking and toy storage. Multiple decks front and rear let you enjoy the sun and a paved path leads to the dock! Downstairs level holds 3 bedrooms, two baths, and bonus room. Furnishings negotiable.

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 03/27/2012

Last Buyer's Agent

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 03/27/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 150x162x153x219
  • Lake Front
  • Property fronts a county road
  • Sloped Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Drapes & Rods
  • Blinds
  • Dishwasher
  • Property Views

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Deck
  • Outside City Limits

Listing and Financial Details

  • Legal Lot and Block 7 / B

Community Details

Overview

  • Lake Forest Acres #2 Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,037

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 150x162x153x219
  • Road Frontage Type: County Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Lake Forest Acres #2
  • Directions: From Eureka Springs: Take 62 west to left onto 187 at Exxon station. 187 to left onto Mundell Road. Mundell road to left into Lake Forest Subdivision. Stay right at next Y then take left onto Lake Forest Drive. At bottom of hill take right onto Edgewater.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), None
  • Living Area: 2800.0
  • Window Features: Blinds, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Outside City Limits, Resort Property, Subdivision, Sloped, Views, Wooded
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Other, See Remarks
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage, Asphalt

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Boat Slip

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2037.0
  • Tax Block: B
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2012
Closed on
Dec 10, 2012
Sold by
Herrman James W and Herrman Shannon L
Bought by
Ellis Quentin W and Ellis Amy L
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Adam Biossat
Bay Realty, Inc.
List Price
$329,000
Sold Price
$282,000
Premium/Discount to List
-$47,000
-14.29%
Current Estimated Value
$1,016,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$734,896
Avg. Annual Appreciation
10.47%
Original Mortgage
$253,800
Outstanding Balance
$176,173
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$840,723

Purchase Details

Closed on
Aug 2, 2004
Sold by
Dugger
Bought by
Herrman

Purchase Details

Closed on
Jan 1, 1986
Bought by
From W B Call
Source: Public Records

Range of Values:

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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
Ellis Quentin W $282,000 None Available
Herrman $216,000 --
From W B Call $28,000 --
From B Call W\ O Lien -- --
From B Call W Lien -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Quentin W $253,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2012 12/12/12 Sold $282,000 -14.3% $101 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $329,000 -- $118 / 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
2024 $4,299 $86,770 $9,000 $77,770
2023 $4,009 $86,770 $9,000 $77,770
2022 $3,775 $86,770 $9,000 $77,770
2021 $3,368 $69,450 $8,000 $61,450
2020 $3,368 $69,450 $8,000 $61,450
2019 $3,386 $69,450 $8,000 $61,450
2018 $3,386 $69,450 $8,000 $61,450
2017 $3,186 $69,450 $8,000 $61,450
2016 $2,702 $55,620 $8,000 $47,620
2015 $2,702 $55,620 $8,000 $47,620
2014 -- $50,796 $8,000 $42,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 652387

Northwest Arkansas Board of REALTORS®

APN: 445-00077-000