NOT LISTED FOR SALE

1603 SW Montrose Ave Bentonville, AR 72713

Estimated Value: $795,000 - $917,000

5 Beds
3.5 Baths
3,315 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $503,945 $152 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,014/month

Highlights

  • New Construction
  • Traditional Architecture
  • Quartz Countertops
  • Bright Field Middle School Rated A+
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2021

5 bed 3.5 bath, game room, study, open floor plan covered patio upstairs and down stairs

Last Agent to Sell the Property

Jackie Snead

Buffington Homes of Arkansas License #SA00080069 Listed on: 03/24/2021

Last Buyer's Agent

Steve Atwell

Buyers First Realty License #PB00054411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

Home Design

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

Interior Spaces

  • 3,315 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • Lochmoor Club Sub Ph II Bentonville Subdivision

Listing and Financial Details

  • Legal Lot and Block 101 / 101

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Road Frontage Type: Public Road
  • Subdivision Name: Lochmoor Club Sub Ph II Bentonville
  • Directions: Lochmoor Club to Edinburgh west to Hollow Brook North to Montrose West
  • Architectural Style: Traditional
  • 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: Builder
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2021

Interior Features

  • Appliances: Some Gas Appliances, Convection Oven, Dishwasher, Exhaust Fan, Electric Oven, Microwave, Oven, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Quartz Counters, Split Bedrooms, See Remarks, Walk-In Closet(s)
  • Living Area: 3315.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Subdivision
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered
  • Property Condition: To Be Built
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • 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 Schools

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 956.0
  • Tax Block: 101
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Mar 24, 2021
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Jayaraman Jayaprakaash and Ranganathan Divya Prasanna
Seller's Agent
Jackie Snead
Buffington Homes of Arkansas
Buyer's Agent
Steve Atwell
Buyers First Realty
List Price
$503,945
Sold Price
$503,945
Current Estimated Value
$837,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,658
Avg. Annual Appreciation
9.52%
Original Mortgage
$453,551
Outstanding Balance
$412,698
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$343,245
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jayaraman Jayaprakaash $503,945 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jayaraman Jayaprakaash $200,000
Open Jayaraman Jayaprakaash $453,551
Previous Owner Buffington Homes Of Arkansas Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $503,945 0.0% $152 / Sq Ft
03/24/2021 03/24/21 For Sale $503,945 -- $152 / 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 $5,831 $132,348 $17,000 $115,348
2023 $5,554 $89,866 $13,000 $76,866
2022 $5,314 $89,866 $13,000 $76,866
2021 $820 $13,000 $13,000 $0
2020 $956 $15,000 $15,000 $0
2019 $956 $15,000 $15,000 $0
2018 $956 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1180869

Northwest Arkansas Board of REALTORS®

APN: 01-18206-000