NOT LISTED FOR SALE

1505 Ridgeline Ave Lowell, AR 72745

Estimated Value: $678,000 - $773,000

4 Beds
3 Baths
2,942 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $485,430 $165 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,234/month

12 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Granite Countertops
  • Fairview Elementary School Rated A
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of October 2021

Pre-Sold

Last Agent to Sell the Property

Doug Gibson

Crye-Leike REALTORS Rogers License #EB00054455 Listed on: 10/05/2021

Crye-Leike REALTORS Rogers

Last Buyer's Agent

Doug Gibson

Crye-Leike REALTORS Rogers License #EB00054455 Listed on: 10/05/2021

Crye-Leike REALTORS Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • 0.25 Acre Lot

Community Details

  • Association fees include maintenance structure
  • Timber Ridge Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Subdivision Name: Timber Ridge Park
  • Directions: Pre-Sold
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2021
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Appliances: Counter Top, Dishwasher, Electric Water Heater, Disposal, Microwave, Smooth Cooktop, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Split Bedrooms, See Remarks, Walk-In Closet(s), Wired for Sound
  • Living Area: 2942.0
  • Dining Room Type: Bonus Room
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: None
  • Lot Features: Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • 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: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Structure

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: .
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Oct 15, 2021
Sold by
Gbs Development Inc
Bought by
Hobbs Scott Sterling and Hobbs Laura
Seller's Agent
Doug Gibson
Crye-Leike REALTORS Rogers
Buyer's Agent
Doug Gibson
Crye-Leike REALTORS Rogers
List Price
$485,430
Sold Price
$485,430
Current Estimated Value
$707,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,054
Avg. Annual Appreciation
7.84%
Original Mortgage
$388,344
Outstanding Balance
$357,954
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$290,628

Purchase Details

Closed on
Apr 23, 2021
Sold by
Sewell Family Development Llc
Bought by
Gbs Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,450
Interest Rate
3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Hobbs Scott Sterling $485,430 Lenders Title Company
Gbs Development Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Scott Sterling $388,344
Previous Owner Gbs Development Inc $371,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $485,430 0.0% $165 / Sq Ft
10/05/2021 10/05/21 For Sale $485,430 -- $165 / 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 $4,253 $123,539 $14,000 $109,539
2023 $4,050 $76,132 $11,200 $64,932
2022 $4,064 $76,132 $11,200 $64,932
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Gibson

    Seller's Agent in 2021

    Doug Gibson

    Crye-Leike REALTORS Rogers

    (479) 871-2334

    52 in this area

    280 Total Sales

    Doug Gibson
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1199467

Northwest Arkansas Board of REALTORS®

APN: 12-03974-000

Arkansas Benton County Lowell 72745

1505 Ridgeline Ave, Lowell, AR

This home is located at 1505 Ridgeline Ave, Lowell, AR 72745 since 05 October 2021 and is currently estimated at $707,484, approximately $240 per square foot. This property was built in 2021. 1505 Ridgeline Ave is a home located in Benton County with nearby schools including Fairview Elementary School, Elmwood Middle School, and Rogers High School.

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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