NOT LISTED FOR SALE

1605 Michigan Ave Horseshoe Bend, AR 72512

Estimated Value: $507,000 - $1,105,897

4 Beds
3.5 Baths
4,151 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $700,000 $169 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,119/month

80 Days on Market

Highlights

  • Airport or Runway
  • Lake Front
  • Community Lake
  • Marina
  • Golf Course Community
  • Clubhouse

About This Home

As of October 2022

Magnificent Crown Lake Peninsula...This home was under contract before the owners wanted it shown, before it was live on the CARMLS, before the owners had time to box up for the move, before the lockbox was installed, before the shingles could be replaced, and before the signs could go up. One of the finest 4 bedroom homes on Crown Lake with the perfect view.

Last Agent to Sell the Property

Phillip Orr

Coldwell Banker Ozark Real Estate Company Listed on: 07/19/2022

Coldwell Banker Ozark Real Estate Company

Last Buyer's Agent

Emily Shackelford

Coldwell Banker Ozark Real Estate Company

Coldwell Banker Ozark Real Estate Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,136

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Lake Front

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,151 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Home Office
  • Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Stream or River on Lot

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Community Lake

Amenities

  • Picnic Area
  • Airport or Runway
  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,136

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Crown
  • LVT Date: 10/07/2022
  • Price Per Sq Ft: 168.63
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Detached
  • Warranty: 3rd Party Home Warranty
  • Estimated Year Built: 2006
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Separate Dining Room
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 4151
  • Bedrooms: 4
  • Floors: Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Office/Study
  • Stories: Two Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition
  • Waterfront: Dock

Garage/Parking

  • Parking: Garage, Three Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Propane

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Picnic Area, Marina, Golf Course, Airport

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1
  • Lot: River/Lake Area, Lake View, Lake Front
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 4136
  • Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Sandefer Danny and Sandefer Beverly
Bought by
Wray Charlie and Wray Melinda
Current Estimated Value
$864,966

Purchase Details

Listed on
Jul 19, 2022
Closed on
Oct 19, 2022
Sold by
Jeffrey J Smith And Linda S Smith Living
Bought by
Sandefer Danny and Sandefer Carol
Seller's Agent
Phillip Orr
Coldwell Banker Ozark Real Estate Company
Buyer's Agent
Emily Shackelford
Coldwell Banker Ozark Real Estate Company
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%
Original Mortgage
$390,000
Interest Rate
6.02%
Mortgage Type
Construction
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
Wray Charlie $70,000 None Listed On Document
Sandefer Danny $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandefer Danny $390,000
Previous Owner Smith Jeffrey J $50,000
Previous Owner Flug George Ronald $245,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $700,000 -6.5% $169 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $749,000 -- $180 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $4,873 $110,320 $16,400 $93,920
2023 $5,373 $110,320 $16,400 $93,920
2022 $4,136 $110,320 $16,400 $93,920
2021 $487 $110,320 $16,400 $93,920
2020 $3,649 $101,580 $14,600 $86,980
2019 $303 $101,580 $14,600 $86,980
2018 $303 $101,580 $14,600 $86,980
2017 $3,649 $101,580 $14,600 $86,980
2016 $3,602 $101,580 $14,600 $86,980
2015 -- $105,060 $24,700 $80,360
2014 -- $105,060 $24,700 $80,360
2013 -- $105,060 $24,700 $80,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22033867

Cooperative Arkansas REALTORS® MLS

APN: 800-07171-000