NOT LISTED FOR SALE

1420 Spring Water Way Cave Springs, AR 72718

Estimated Value: $614,000 - $759,000

3 Beds
2.5 Baths
2,894 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $575,210 $199 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,045/month

Highlights

  • New Construction
  • Property is near a park
  • Quartz Countertops
  • Evening Star Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Cave Springs City Park

About This Home

As of November 2023

This is a TBB Belmont Floor Plan.

Last Agent to Sell the Property

Jackie Snead

Buffington Homes of Arkansas License #SA00080069 Listed on: 09/12/2023

Last Buyer's Agent

William Snead

Better Homes and Gardens Real Estate Journey Bento License #SA00089554

Better Homes and Gardens Real Estate Journey Bento

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.25

HOA Fees

  • $44 Monthly HOA Fees

Home Design

  • Home to be built
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,894 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas
  • Programmable Thermostat
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Covered patio or porch
  • 0.25 Acre Lot
  • Property is near a park

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 156

Community Details

Overview

  • Allen's Mill Phase 2 Subdivision

Amenities

  • Shops

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,601

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.251
  • Road Frontage Type: Public Road
  • Subdivision Name: Allen's Mill Phase 2
  • Directions: From I-49 take exit 78 West on AR-264 toward Lowell/Cave Springs/Rogers for 2.8 miles. Turn right on Mount Hebron Rd for .7 miles, and left onto W Shores Ave. for .5 miles. Allen's Mill will be on your right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2023
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2023

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Dishwasher, Electric Oven, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Programmable Thermostat, Quartz Counters, See Remarks
  • Living Area: 2894.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Lot Features: Near Park, Subdivision
  • Pool Features: Community
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered
  • Property Condition: To Be Built
  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Pool, Near Schools, Park, Shopping
  • Association Fee: 525.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5601.0
  • Tax Block: NA
  • Tax Lot: 156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Nov 3, 2023
Sold by
Buffington Homes/Arkansas Llc
Bought by
Rasmusen Robert L and Rasmusen Lindsey
Seller's Agent
Jackie Snead
Buffington Homes of Arkansas
Buyer's Agent
William Snead
Better Homes and Gardens Real Estate Journey Bento
List Price
$560,125
Sold Price
$575,210
Premium/Discount to List
$15,085
2.69%
Views
7
Current Estimated Value
$622,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,229
Avg. Annual Appreciation
9.22%
Original Mortgage
$460,168
Outstanding Balance
$452,064
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$219,716
Source: Public Records

Range of Values:

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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
Rasmusen Robert L $575,210 City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmusen Robert L $460,168
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $575,210 +2.7% $199 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $560,125 -- $194 / 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 $6,756 $110,205 $10,000 $100,205
2023 $613 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1256245

Northwest Arkansas Board of REALTORS®

APN: 05-12554-000