NOT LISTED FOR SALE

1502 Lake Estates Dr Springdale, AR 72762

Estimated Value: $808,000 - $869,000

5 Beds
3.5 Baths
3,740 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $751,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,126/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Covered Patio or Porch
  • Bernice Young Elementary School Rated A
  • Corner Lot
  • Double Oven

About This Home

As of September 2022

This home was built in 2021 and is better than new! Lovely entry highlighted by a beautiful staircase to the upstairs landing. With 5 bedrooms and 3.5 baths, a bonus room overlooking the property, and huge closets throughout, this home has it all. It's light and bright with windows everywhere. The master suite opens up to a large master bath area and a gigantic closet. Flat half-acre lot is fenced, fully sodded, and irrigated. The 3rd garage is extended in length and has plenty of storage.

Last Agent to Sell the Property

Ralph Harvey

listwithfreedom.com License #3337811 Listed on: 08/20/2022

Last Buyer's Agent

Ruben Paulino

Lindsey & Associates Inc License #EB00083555

Lindsey & Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $723

Year Built

  • Built in 2021

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140.44x141.1x157x157
  • Privacy Fence
  • Wood Fence
  • Corner Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Double Pane Windows

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • Elmdale Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 20

Home Details

Home Type

Single Family

Est. Annual Taxes

$723

Year Built

Built in 2021

Lot Details

0.51 Acres

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5118
  • Lot Size: 140.44x141.1x157x157
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Elmdale Lake Estates
  • Directions: From I-49, take Exit 73. Go west on Elm Springs Rd. Continue at the roundabout take the first exit to continue on Elm Springs Rd for another half mile. Then turn left onto E Lake Rd / S Lake Rd for approximately 1 mile. Turn left onto Lake Estates Drive.
  • 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: 2021
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Appliances: Double Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: None, Pantry, Walk-In Closet(s)
  • Living Area: 3740.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, City Lot, None
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Stamped Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Springdale

Lot Info

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

Tax Info

  • Tax Annual Amount: 723.0
  • Tax Block: 0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2022
Closed on
Sep 19, 2022
Sold by
Fulton Mark and Fulton Michelle Dawn
Bought by
Diekmann Matthew and Diekmann Kim
Seller's Agent
Ralph Harvey
listwithfreedom.com
Buyer's Agent
Ruben Paulino
Lindsey & Associates Inc
List Price
$729,000
Sold Price
$751,000
Premium/Discount to List
$22,000
3.02%
Current Estimated Value
$847,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,011
Avg. Annual Appreciation
3.51%
Original Mortgage
$584,000
Outstanding Balance
$557,021
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$289,990

Purchase Details

Closed on
May 10, 2021
Sold by
Capstone Builders Inc
Bought by
Fulton Mark and Fulton Michelle Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2021
Sold by
Capstone Builders Inc
Bought by
Fulton Mark and Fulton Michelle Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2020
Sold by
Blue Springs Holding Company Llc
Bought by
Capstone Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,400
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
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
Diekmann Matthew $751,000 Waco Title
Fulton Mark $589,900 Waco Title
Fulton Mark $589,900 Waco Title Company
Capstone Builders Inc $79,900 Waco Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diekmann Matthew $584,000
Previous Owner Fulton Mark $200,000
Previous Owner Fulton Mark $200,000
Previous Owner Capstone Builders Inc $471,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $751,000 +3.0% $201 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $729,000 -- $195 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $7,847 $153,570 $21,000 $132,570
2024 $7,801 $153,570 $21,000 $132,570
2023 $7,986 $153,570 $21,000 $132,570
2022 $4,273 $89,380 $13,950 $75,430
2021 $723 $13,950 $13,950 $0
2020 $362 $6,980 $6,980 $0
2019 $337 $6,480 $6,480 $0
2018 $337 $6,480 $6,480 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1227398

Northwest Arkansas Board of REALTORS®

APN: 750-01135-000

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