NOT LISTED FOR SALE

12448 Lake Point Dr N Lowell, AR 72745

Estimated Value: $364,000 - $1,771,000

3 Beds
2.5 Baths
3,150 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $520,000 $165 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,849/month

39 Days on Market

Highlights

  • Lake Front
  • Media Room
  • Secluded Lot
  • Kirksey Middle School Rated A-
  • Deck
  • Family Room with Fireplace

About This Home

As of June 2016

Incredible personal retreat on Beaver Lake on 24.46 acres. This beautiful home is highlighted with cedar siding, metal roof, large deck area, 1572 feet of lake frontage, very open floor plan, custom kitchen, wood flooring, media room, large game room and plenty more! Lots of wildlife and wooded area with this property. Walk down to the lakes edge to a quiet cove for fishing and swimming. 2 fireplaces are the focal point of the main floor living area as well as the downstairs game/family room.

Last Agent to Sell the Property

Greg Hughes

Elite Realty License #EB00057373 Listed on: 04/08/2016

Last Buyer's Agent

Tara Hudson

Worth Clark Realty License #PB00078185

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 2007

Lot Details

  • 24 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Property fronts a county road
  • Partially Fenced Property
  • Wire Fence
  • Landscaped
  • Secluded Lot
  • Steep Slope
  • Cleared Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Cedar

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Media Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Lake Views
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Lake Shore Farms @ Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,364

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 24.0
  • Lot Size: .
  • Road Frontage Type: County Road, Private Road, Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: Lake Shore Farms @
  • Directions: From I-49 take Wagon Wheel Rd exit east through 71 stoplight. Continue on Hwy 264 to left on Ervin McGarrah Rd. Go approx 1 mile and turn right on Lake Point Dr through gate. Continue to Lake Point Dr North on the left. Continue to green entry gate.
  • Architectural Style: Hill Country
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Some Propane Appliances, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range Hood, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Starter, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters, Pantry, Walk-In Closet(s), Wired for Sound
  • Living Area: 3150.0
  • Dining Room Type: Bonus Room, Game Room, Library, Media Room, Office
  • Window Features: Double Pane Windows, Metal, Wood Frames
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Cleared, Landscaped, Outside City Limits, Steep Slope, Secluded, Sloped, Wooded
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Cedar, Rock
  • Exterior Features: Concrete Driveway, Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Pole Barn
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Well

Schools

  • Junior High Dist: Springdale

Lot Info

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

Tax Info

  • Tax Annual Amount: 4364.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2012
Sold by
Gilbert Paul Clark and Gilbert Karen Lynn
Bought by
Gilbert Paul C and Gilbert Karen L
Current Estimated Value
$1,186,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$69,082
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,117,772

Purchase Details

Closed on
Dec 29, 2011
Sold by
Gilbert Paul C and Gilbert Karen L
Bought by
Gilbert Paul C and Gilbert Karen L

Purchase Details

Closed on
Nov 22, 2005
Sold by
Lincoln Trust Co
Bought by
Gilbert Karen L and Gilbert Paul

Purchase Details

Closed on
Nov 19, 2005
Sold by
Hofstra Peter R and Hofstra Janice E
Bought by
Gilbert Karen L and Gilbert Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Paul C -- Lenders Title Company
Gilbert Paul Clark -- Lenders Title Company
Gilbert Paul C -- None Available
Gilbert Karen L $242,000 Waco Title Company
Gilbert Karen L -- Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Paul Clark $417,000
Closed Gilbert Paul Clark $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $520,000 -2.4% $165 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $533,000 -- $169 / 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 $7,198 $152,480 $32,595 $119,885
2024 $5,582 $152,480 $32,595 $119,885
2023 $5,316 $111,680 $32,570 $79,110
2022 $4,854 $111,680 $32,570 $79,110
2021 $4,603 $111,680 $32,570 $79,110
2020 $4,372 $99,660 $18,900 $80,760
2019 $4,372 $99,660 $18,900 $80,760
2018 $4,279 $97,170 $18,900 $78,270
2017 $4,215 $97,170 $18,900 $78,270
2016 $4,215 $97,170 $18,900 $78,270
2015 $4,344 $91,260 $45,830 $45,430
2014 $4,344 $91,260 $45,830 $45,430
Source: Public Records

Agents Affiliated with this Home

  • Greg Hughes

    Seller's Agent in 2016

    Greg Hughes

    Elite Realty

    (479) 530-1727

    142 Total Sales

    Greg Hughes
    Section Image

  • T

    Buyer's Agent in 2016

    Tara Hudson

    Worth Clark Realty

    (479) 409-4496

    44 Total Sales

    Tara Hudson
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1013047

Northwest Arkansas Board of REALTORS®

APN: 15-16632-000

Arkansas Benton County Lowell 72745

12448 Lake Point Dr N, Lowell, AR

Not Listed for Sale

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