NOT LISTED FOR SALE

1603 Cavern Springs Way Cave Springs, AR 72718

Estimated Value: $429,506 - $476,000

3 Beds
2 Baths
1,873 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $253,000 $135 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,620/month

24 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Granite Countertops
  • Janie Darr Elementary School Rated A
  • Attic
  • Covered Patio or Porch

About This Home

As of November 2017

Situated only 2 mintues from Janie Darr Elementary School, this new subdivision offers gorgeous homes in a prime location. Amenities include a 3-car garage, professionally landscaped front yard, granite countertops & extensive hardwoods throughout- plus much more! POA includes community pool and playground. This is our original Model Home and though we are sad to have to part ways, it's time this new home was finally lived in once and for all. Stop by or call Listing Agent for details.

Last Agent to Sell the Property

Emily Keen

Buffington Homes of Arkansas License #SA00076779 Listed on: 09/19/2017

Last Buyer's Agent

Emily Keen

Buffington Homes of Arkansas License #SA00076779 Listed on: 09/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,873 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Brentwood Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 147

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Shared
  • Subdivision Name: Brentwood
  • Directions: From I-540 N, take exit 78 onto AR-264 towards Cave Springs. Turn left on W Monroe Ave. In 3 miles, turn left onto Brentwood Drive then turn right onto Cavern Springs Way. First home on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2014
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Disposal, Microwave, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, See Remarks
  • Living Area: 1873.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Back Yard, Partial
  • Lot Features: Subdivision
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick, Rock
  • Exterior Features: 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, Garage Door Opener

Utilities

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

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: NA
  • Tax Lot: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Oct 31, 2017
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Rauch George A and Rauch Tammie J
Seller's Agent
Emily Keen
Buffington Homes of Arkansas
Buyer's Agent
Emily Keen
Buffington Homes of Arkansas
List Price
$249,900
Sold Price
$253,000
Premium/Discount to List
$3,100
1.24%
Current Estimated Value
$454,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,627
Avg. Annual Appreciation
7.70%
Original Mortgage
$202,400
Outstanding Balance
$110,023
Interest Rate
3.83%
Estimated Equity
$344,604

Purchase Details

Closed on
Sep 11, 2012
Sold by
Commissioner Of State Lands
Bought by
Cavern Springs Development Llc
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
Rauch George A $253,000 First National Title Company
Cavern Springs Development Llc $549 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rauch George A $202,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $253,000 +1.2% $135 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/19/2017 09/19/17 For Sale $249,900 -- $133 / 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 $2,404 $76,945 $10,000 $66,945
2024 $2,383 $76,945 $10,000 $66,945
2023 $2,383 $50,510 $4,400 $46,110
2022 $2,768 $50,510 $4,400 $46,110
2021 $2,651 $50,510 $4,400 $46,110
2020 $2,547 $40,790 $6,000 $34,790
2019 $2,547 $40,790 $6,000 $34,790
2018 $2,572 $40,790 $6,000 $34,790
2017 $2,717 $40,790 $6,000 $34,790
2016 $2,717 $40,790 $6,000 $34,790
2015 $1,759 $34,590 $3,000 $31,590
2014 $837 $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1059556

Northwest Arkansas Board of REALTORS®

APN: 05-11731-000