NOT LISTED FOR SALE

1407 NW 3rd St Bentonville, AR 72712

Estimated Value: $658,596 - $824,000

4 Beds
2.5 Baths
2,941 Sq Ft
$247/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $450,000 $153 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,299/month

23 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Wood Flooring
  • Thomas Jefferson Elementary School Rated A
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of April 2021

Unbeatable location! 0.7 miles to Coler Mountain bike preserve, 1.5 miles to Bentonville Square, easy access to WM Home Office &1-49. Sitting on a large fully fenced lot, this 2,914 square foot home boasts a fantastic layout for entertaining. Spacious entry opens to the formal living room and dining area with vaulted ceilings and natural light from large abundant windows. The gorgeous eat in kitchen has plenty of room for the home chef w/ granite tops, counter seating, double oven, range & pantry! Great room off kitchen is perfect for relaxing w/ a cozy gas log fireplace. Enjoy outdoor living on the huge expanded deck, mature trees, and lots of privacy! Upstairs is huge master bedroom w/ attached sitting room & a spa like master bath. 2 guest rooms w/jack & jill. 4th bed can also be a bonus. Laundry up. New roof & paint. Wired for security. Add’l lot can be purchased, mls# 1179889.

Last Agent to Sell the Property

Somer Adams

Lindsey & Assoc Inc Branch License #EB00058486 Listed on: 04/02/2021

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Meghan Thompson

Sudar Group License #SA00088664

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 2007

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,941 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Smalley Acres Ph 2 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,050

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Frontage Type: Public Road
  • Subdivision Name: Smalley Acres Ph 2
  • Directions: From N Walton Blvd / W onto 3rd St / Home will be on the left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Smooth Cooktop, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Granite Counters, Pantry, See Remarks, Walk-In Closet(s), Multiple Living Areas
  • Living Area: 2941.0
  • Dining Room Type: Living Room
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Cleared, Landscaped, Level, Open Lot
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 3050.0
  • Tax Block: .
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 26, 2021
Sold by
Will Banks Jr James E and Will Debra A
Bought by
Welkey Mark P and Welkey Laura A
Seller's Agent
Somer Adams
Lindsey & Assoc Inc Branch
Buyer's Agent
Meghan Thompson
Sudar Group
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$725,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,649
Avg. Annual Appreciation
11.00%
Original Mortgage
$454,750
Outstanding Balance
$409,693
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$315,956

Purchase Details

Closed on
Apr 30, 2008
Sold by
Pinnacle Bank
Bought by
Willbanks James E and Willbanks Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Welkey Mark P $535,000 None Listed On Document
Willbanks James E $230,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welkey Mark P $454,750
Previous Owner Willbanks James E $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $450,000 0.0% $153 / Sq Ft
04/02/2021 04/02/21 For Sale $450,000 -- $153 / 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 $5,608 $97,957 $24,000 $73,957
2024 $5,163 $97,957 $24,000 $73,957
2023 $4,694 $75,950 $8,600 $67,350
2022 $4,433 $75,950 $8,600 $67,350
2021 $3,188 $75,950 $8,600 $67,350
2020 $3,051 $53,780 $7,400 $46,380
2019 $3,051 $53,780 $7,400 $46,380
2018 $2,936 $53,780 $7,400 $46,380
2017 $2,556 $53,780 $7,400 $46,380
2016 $2,556 $53,780 $7,400 $46,380
2015 $2,772 $44,860 $5,000 $39,860
2014 $2,422 $44,860 $5,000 $39,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1179891

Northwest Arkansas Board of REALTORS®

APN: 01-12828-000