NOT LISTED FOR SALE

1218 NE Monroe St Bentonville, AR 72712

Estimated Value: $613,000 - $870,000

2 Beds
1 Bath
1,026 Sq Ft
$733/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $645,000 $629 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,413/month

26 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Attic
  • Sugar Creek Elementary School Rated A
  • Property is near a park
  • Covered Patio or Porch

About This Home

As of October 2022

Location! Location! Location! This adorable, fully updated cottage, sits on a DOUBLE LOT in the heart of Bentonville, approx. 1 mile from the downtown square. If you are looking for a walkable / bikeable lifestyle, this is for you! Jump on your bike right from home and hit the trails, a local restaurant, coffee shop, park, or a world class museum. Not only does this property make an adorable single family home, it provides endless income producing opportunities with the additional lot and alleyway behind the property. The house would make a phenomenal Airbnb and you have the opportunity to build an additional home on the 2nd lot. Add a garage apartment and you have added 2 additional dwelling units to this property.

Last Agent to Sell the Property

Jennifer Cristofaro

Mission House Real Estate License #PB00079409 Listed on: 08/06/2022

Last Buyer's Agent

Jennifer Cristofaro

Mission House Real Estate License #PB00079409 Listed on: 08/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Cabin
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Blinds
  • Ceramic Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 10,11

Community Details

Overview

  • W A Burks Add Bentonville Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Frontage Type: Public Road
  • Subdivision Name: W A Burks Add Bentonville
  • Directions: N Main, Right on Lake Street, Left on NE Monroe. Property is on the right.
  • Architectural Style: Cabin/Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Smooth Cooktop, Self Cleaning Oven
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s)
  • Living Area: 1026.0
  • Window Features: ENERGY STAR Qualified Windows, Vinyl, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link, Privacy, Wood
  • Lot Features: Level, Near Park, Subdivision
  • Waterfront Features: None
  • Construction Type: Concrete
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Park, Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 901.0
  • Tax Block: 10,11
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Oct 12, 2022
Sold by
Stewart Amanda L and Stewart Shelby
Bought by
Shumaker Charles and Shumaker Esther Madeleine
Seller's Agent
Jennifer Cristofaro
Mission House Real Estate
Buyer's Agent
Jennifer Cristofaro
Mission House Real Estate
List Price
$750,000
Sold Price
$645,000
Premium/Discount to List
-$105,000
-14%
Current Estimated Value
$751,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,691
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Jan 25, 2021
Sold by
Stewart Amanda L and Stewart Shelby
Bought by
Stewart Amanda L and Stewart Shelby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Hall Lann A and Ball Laron A
Bought by
Sterart Arnanda L and Hall Laron

Purchase Details

Closed on
Oct 25, 2001
Bought by
Ball L

Purchase Details

Closed on
Feb 20, 1998
Bought by
Ball L

Purchase Details

Closed on
Apr 22, 1993
Bought by
Ball

Purchase Details

Closed on
Nov 7, 1988
Bought by
Rollins

Purchase Details

Closed on
Apr 14, 1986
Bought by
Rollins

Purchase Details

Closed on
Mar 24, 1976
Bought by
Rollins
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
Shumaker Charles $640,000 Waco Title
Stewart Amanda L -- None Available
Sterart Arnanda L -- None Available
Ball L -- --
Ball L -- --
Ball $15,000 --
Rollins $6,000 --
Rollins -- --
Rollins $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart Amanda L $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $645,000 -4.4% $629 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/13/2022 08/13/22 Price Changed $675,000 -10.0% $658 / Sq Ft
08/06/2022 08/06/22 For Sale $750,000 -- $731 / 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 $5,749 $144,931 $94,340 $50,591
2024 $5,294 $144,931 $94,340 $50,591
2023 $4,812 $77,870 $64,420 $13,450
2022 $966 $77,870 $64,420 $13,450
2021 $901 $77,870 $64,420 $13,450
2020 $852 $19,720 $3,800 $15,920
2019 $805 $19,720 $3,800 $15,920
2018 $784 $19,720 $3,800 $15,920
2017 $1,008 $19,720 $3,800 $15,920
2016 $1,008 $19,720 $3,800 $15,920
2015 $902 $14,590 $4,000 $10,590
2014 $902 $14,590 $4,000 $10,590
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jennifer Cristofaro

    Mission House Real Estate

    (479) 321-1250

    23 in this area

    123 Total Sales

    Jennifer Cristofaro
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1226407

Northwest Arkansas Board of REALTORS®

APN: 01-04601-000

Arkansas Benton County Bentonville 72712

1218 NE Monroe St, Bentonville, AR

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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