NOT LISTED FOR SALE

11333 Lathams Landing Rd Garfield, AR 72732

Estimated Value: $942,000 - $1,347,000

4 Beds
4.5 Baths
5,084 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $1,000,000 $197 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,010/month

304 Days on Market

Highlights

  • Community Boat Slip
  • Guest House
  • Outdoor Pool
  • Garfield Elementary School Rated A-
  • Fitness Center
  • RV Access or Parking

About This Home

As of March 2023

10'x24' boat slip at Lost Bridge Marina just added. Beaver Lake Sail Club/docks at end of Lathams Landing. 270 deg.view of Beaver Lake. Custom built single owner Stitt Energy home plus detached garage with MIL apt. sitting on 11 ac. +/-, 3 parcels. 3 levels w/ views from every room. 3 master suites. Entire 2nd floor master suite with fireplace, built in shelves w/ sitting area, huge master closet/dressing/office, whirlpool tub, shower. Main level has 2nd master, huge open living, kitchen, sunroom. Basement has 2nd living area, 3rd master, lockable safe room,walkout to firepit and patio, attached garage w/workshop area. Detached 3 car garage has large apartment w/living, bed, kitchen and balcony with lake views. Extra storage in garage. 10'x12' additional detached storage building. Room to build and use prop. as rentals or compoud. Full house generator. So much more. Property comes with a buildable lot located in Lost Bridge Village which gives access to pool, rec center, tennis courts, library and air strip.

Last Listed By

Tricia Necessary

REMAX Real Estate Results License #EB00066068 Listed on: 05/26/2022

REMAX Real Estate Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 2004

Lot Details

  • 11.08 Acre Lot
  • Property fronts a highway
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Southeast Facing Home
  • Partially Fenced Property
  • Secluded Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $9 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 5,084 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Drapes & Rods
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Sun or Florida Room
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Convection Oven
  • Electric Oven
  • Built-In Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • 4 Car Garage
  • Garage Apartment
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Storage
  • Outbuilding
  • Storm Cellar or Shelter

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Power Generator
  • Propane
  • Well
  • Hot Water Circulator
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Additional Features

  • Guest House
  • Outside City Limits

Community Details

Overview

  • Lost Bridge Village Association, Phone Number (479) 359-3204
  • Community Lake
  • Near a National Forest

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 2004

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 11.08
  • Road Frontage Type: County Road, Highway, Public Road
  • Road Surface Type: Dirt, Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: none
  • Directions: From I49N take exit 86(AR-102) go east on 62/102 toward Garfield. At Garfield turn right onto Hwy. 127. Go 6 miles, right on Slate Gap. Go approx. 4 miles to left on Latham's Landing. Go .6 mile. Right into d.w. Det. garage on right, house .1 to the left
  • Architectural Style: Other, Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances, Solar Panel(s)
  • Building Stories: 3
  • Structure Type: House
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Convection Oven, Double Oven, Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Disposal, Hot Water Circulator, Oven, Refrigerator, Solar Hot Water, Self Cleaning Oven, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bedroom, Family Room, Gas Log, Living Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, See Remarks, Skylights, Walk-In Closet(s), In-Law Floorplan, Multiple Living Areas, Multiple Master Suites, Sun Room
  • Living Area: 5084.0
  • Dining Room Type: Additl. Living Suite, Garage Apartment, Great Room, In-Law Suite, Living Room, Master Bedroom, Sunroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Drapes, Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Cul-De-Sac, Hardwood Trees, Landscaped, Level, Outside City Limits, Open Lot, Other, Resort Property, Rural Lot, Secluded, Sloped, See Remarks, Views, Wooded
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Construction Type: Other, See Remarks, ICFs (Insulated Concrete Forms)
  • Direction Faces: Southeast
  • Exterior Features: Concrete Driveway, Unpaved Driveway
  • Foundation Details: Other, See Remarks
  • Other Structures: Guest House, Outbuilding, Storage, Garage Apartment
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Parking Features: Garage, Circular Driveway, Garage Door Opener, RV Access/Parking, Workshop in Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Fitness, Playground, Park, Tennis Court(s), Boat Slip, Lake, Near National Forest, Near State Park, Pool, Trails/Paths
  • Association Fee: 112.0
  • Association Fee Frequency: Annually
  • Association Name: Lost Bridge Village
  • Phone: 479-359-3204
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 18-01505-001 18-01505-002 15-08539-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3673.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Mar 24, 2023
Sold by
Testut Trust
Bought by
Vakkalagadda Suchitra and Vakkalagadda Bapuji
Seller's Agent
Tricia Necessary
REMAX Real Estate Results
Buyer's Agent
The Trailside Team
Simplicity Real Estate Solutions
List Price
$1,490,000
Sold Price
$1,000,000
Premium/Discount to List
-$490,000
-32.89%
Total Days on Market
304
Views
233
Current Estimated Value
$1,166,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,196
Avg. Annual Appreciation
8.09%
Original Mortgage
$800,000
Outstanding Balance
$782,772
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$396,631

Purchase Details

Closed on
Jul 31, 2020
Sold by
Testut Jon R and Testut Patricia J
Bought by
Testut Jon R and Testut Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1984
Bought by
Testut

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
Vakkalagadda Suchitra $1,000,000 Waco Title
Testut Jon R -- None Available
Testut $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vakkalagadda Suchitra $800,000
Previous Owner Testut Jon R $265,500
Previous Owner Testut Jon R $324,217
Previous Owner Testut Jon R $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $1,000,000 -22.4% $197 / Sq Ft
09/01/2022 09/01/22 Price Changed $1,289,000 -2.8% $254 / Sq Ft
07/27/2022 07/27/22 Price Changed $1,326,000 -8.5% $261 / Sq Ft
06/15/2022 06/15/22 Price Changed $1,449,000 -2.8% $285 / Sq Ft
05/26/2022 05/26/22 For Sale $1,490,000 -- $293 / 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 $9,741 $202,519 $6,702 $195,817
2023 $2,746 $101,380 $3,300 $98,080
2022 $2,921 $101,380 $3,300 $98,080
2021 $2,913 $101,380 $3,300 $98,080
2020 $2,826 $57,100 $3,510 $53,590
2019 $3,505 $66,550 $3,670 $62,880
2018 $3,406 $66,550 $3,670 $62,880
2017 $3,173 $66,550 $3,670 $62,880
2016 $3,173 $66,550 $3,670 $62,880
2015 $5,140 $124,840 $13,190 $111,650
2014 $5,110 $124,840 $13,190 $111,650
Source: Public Records

Agents Affiliated with this Home

  • Tricia Necessary

    Seller's Agent in 2023

    Tricia Necessary

    RE/MAX

    (479) 640-4034

    37 Total Sales

    Tricia Necessary
    Section Image

  • T

    Buyer's Agent in 2023

    The Trailside Team

    Simplicity Real Estate Solutions

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1218907

Northwest Arkansas Board of REALTORS®

APN: 18-01505-000

Arkansas Benton County Garfield 72732

11333 Lathams Landing Rd, Garfield, AR

Homes for Sale in Garfield, AR

This home is located at 11333 Lathams Landing Rd, Garfield, AR 72732 since 26 May 2022 and is currently estimated at $1,166,196, approximately $229 per square foot. This property was built in 2004. 11333 Lathams Landing Rd is a home located in Benton County with nearby schools including Garfield Elementary School, Lingle Middle School, and Rogers Heritage High 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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