NOT LISTED FOR SALE

118 Timber Lake Dr Benton, AR 72015

Estimated Value: $196,000 - $203,000

3 Beds
2 Baths
1,467 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $174,000 $119 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,204/month

Highlights

  • Lakefront Common Area
  • Traditional Architecture
  • Eat-In Kitchen
  • Harmony Grove Middle School Rated A-
  • Home Office
  • Tile Flooring

About This Home

As of December 2021

Built in 2000, this traditional- style home is ready for occupancy. Spacious living area with plenty of new updates! Just over 1,400 square feet that includes a one car garage. Close to the neighborhood lake and basketball court. HVAC unit was replaced July 2021, roof is less than 10 years old, LG stove was purchased October 2021, Deck was added to home in July of 2021. Schedule a showing today, it won't last long!

Last Agent to Sell the Property

Edward Nelson

Vylla Home Listed on: 11/13/2021

Vylla Home

Last Buyer's Agent

Brandy Garner

Century 21 Parker & Scroggins Realty - Benton

Century 21 Parker & Scroggins Realty - Benton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Rural Setting
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,467 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lakefront Common Area

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 11/13/2021
  • Price Per Sq Ft: 118.61
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Eat-In Kitchen, Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1467
  • Bedrooms: 3
  • Floors: Laminate, Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Built-In Stove, Gas Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Office/Study
  • Stories: One Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.23
  • Estimated Lot Size: .23
  • Lot: Level, Rural Property, Cleared, In Subdivision, Common To Lake
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Copeland Patrick
Bought by
Wright Joshua and Wright Kara
Current Estimated Value
$200,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,717
Outstanding Balance
$175,816
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$24,356

Purchase Details

Listed on
Nov 13, 2021
Closed on
Dec 28, 2021
Sold by
Thomas Richard A
Bought by
Copeland Patrick
Seller's Agent
Edward Nelson
Vylla Home
Buyer's Agent
Brandy Garner
Century 21 Parker & Scroggins Realty - Benton
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$156,600
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
Oct 4, 2021
Sold by
Thomas Richard Allen and Richard Allen Thomas Living Tr
Bought by
Thomas Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2011
Sold by
Thomas Richard Allen
Bought by
Thomas Ricahrd Allen

Purchase Details

Closed on
Apr 23, 2004
Sold by
Thomas Michelle
Bought by
Thomas Ricky

Purchase Details

Closed on
Feb 1, 2001
Bought by
Thomas
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
Wright Joshua $179,900 Proland Title
Copeland Patrick $174,000 First National Title
Copeland Patrick $174,000 First National Title
Thomas Richard A -- First National Title Company
Thomas Ricahrd Allen -- --
Thomas Ricahrd Allen -- --
Thomas Ricky -- --
Thomas $85,800 --
Ferguson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Joshua $181,717
Previous Owner Copeland Patrick $156,600
Previous Owner Thomas Richard A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $174,000 -0.6% $119 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $175,000 -- $119 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,750 $29,559 $5,700 $23,859
2024 $1,670 $29,559 $5,700 $23,859
2023 $1,528 $29,559 $5,700 $23,859
2022 $1,207 $29,559 $5,700 $23,859
2021 $1,144 $22,190 $4,400 $17,790
2020 $1,144 $22,190 $4,400 $17,790
2019 $1,082 $22,190 $4,400 $17,790
2018 $1,107 $22,190 $4,400 $17,790
2017 $1,057 $22,190 $4,400 $17,790
2016 $1,196 $21,170 $4,400 $16,770
2015 $1,196 $21,170 $4,400 $16,770
2014 $999 $21,170 $4,400 $16,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21037015

Cooperative Arkansas REALTORS® MLS

APN: 860-02500-012