NOT LISTED FOR SALE

1612 Park Ridge Way Cave Springs, AR 72718

Estimated Value: $1,255,000 - $1,400,000

5 Beds
4.5 Baths
4,161 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $1,200,000 $288 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,558/month

2 Days on Market

Highlights

  • 0.93 Acre Lot
  • Contemporary Architecture
  • Family Room with Fireplace
  • Janie Darr Elementary School Rated A
  • Property is near a park
  • Cathedral Ceiling

About This Home

As of May 2024

Come home to this unique luxury 5 BR, 5 bath home in highly desired Ridgewood SD. This home has a peaceful and relaxed feel and is located just 7 minutes from Pinnacle Hills and the entertainment district.
Sitting on .93 acres, this custom home is professionally landscaped with mature trees that add a layer of privacy and plenty of room to add a pool. Gourmet kitchen features two-islands, 6-burner gas stove and a double oven. Wood burning fireplace in living room puts out enough heat for entire home.
The main bedroom features two his/her closets, complete with built-in shelving. Additionally, there's a concealed space ideal for extra storage or use as a safe room. Geothermal heating & cooling, wired-in generator, all surround system, well water irrigation and a 6-person in-ground storm shelter. Large attic area over the garage can be finished out for additional bonus or craft room.

Last Agent to Sell the Property

Donna Katzfey

Keller Williams Market Pro Realty Branch Office License #SA00084534 Listed on: 02/22/2024

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Home Team

Coldwell Banker Harris McHaney & Faucette-Rogers

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,527

Year Built

  • Built in 2014

Lot Details

  • 0.93 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 4,161 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Library
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Property is near a park

Utilities

  • Cooling Available
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 33 / 33/

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Ridgewood Sub Cave Spgs Subdivision

Amenities

  • Shops

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,527

Year Built

Built in 2014

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Ridgewood Sub Cave Spgs
  • Directions: From 1-49, go West on Hwy 264/Lowell exit about 3 miles. Enter Ridgewood SD on your right. Turn right onto Shadow Ridge Way that then turns into Park Ridge Way. Home is on your right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2014
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Convection Oven, Double Oven, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Oven, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Living Room, Outside, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, Split Bedrooms, Walk-In Closet(s), Storage
  • Living Area: 4161.0
  • Dining Room Type: Bonus Room, Library, Office, Storage Room
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Landscaped, Level, Near Park, Subdivision
  • Waterfront Features: None
  • 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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Geothermal
  • Cooling Y N: Yes
  • Heating: Geothermal
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Septic Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Curbs, Near Fire Station, Near Hospital, Near Schools, Park, Shopping, Trails/Paths
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6527.0
  • Tax Block: 33/
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 16, 2024
Sold by
Triple A Trust and Holloway Barry
Bought by
Dodd Logan and Foreman Amanda
Seller's Agent
Donna Katzfey
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Home Team
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
Views
23
Current Estimated Value
$1,268,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,575
Avg. Annual Appreciation
3.71%
Original Mortgage
$848,000
Outstanding Balance
$839,849
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$416,065

Purchase Details

Closed on
Aug 9, 2019
Sold by
Holloway Barry and Holloway Tamara
Bought by
Holloway Barry and Holloway Tamara

Purchase Details

Closed on
May 22, 2017
Sold by
Stubbs Scott D and Stubbs Jennifer Jo
Bought by
Holloway Barry P and Holloway Tamara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.1%

Purchase Details

Closed on
May 25, 2012
Sold by
Ridgewood Llc
Bought by
Stubbs Scott D and Stubbs Jennifer Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.9%
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
Dodd Logan $1,200,000 City Title & Closing
Holloway Barry -- None Available
Holloway Barry P $655,000 Pci Advance Title Llc
Stubbs Scott D $68,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodd Logan $848,000
Previous Owner Holloway Barry P $262,000
Previous Owner Stubbs Scott D $413,520
Previous Owner Stubbs Scott David $410,000
Previous Owner Stubbs Scott D $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $1,200,000 +4.3% $288 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $1,150,000 -- $276 / 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 $6,946 $202,005 $19,000 $183,005
2023 $6,615 $124,580 $19,000 $105,580
2022 $6,527 $124,580 $19,000 $105,580
2021 $5,967 $124,580 $19,000 $105,580
2020 $5,440 $100,090 $14,400 $85,690
2019 $5,440 $100,090 $14,400 $85,690
2018 $5,440 $100,090 $14,400 $85,690
2017 $4,838 $100,090 $14,400 $85,690
2016 $4,838 $100,090 $14,400 $85,690
2015 $4,749 $93,400 $13,950 $79,450
2014 $709 $13,950 $13,950 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Katzfey

    Seller's Agent in 2024

    Donna Katzfey

    Keller Williams Market Pro Realty Branch Office

    (479) 200-8503

    16 in this area

    116 Total Sales

    Section Image
  • Home Team

    Buyer's Agent in 2024

    Home Team

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 256-0250

    96 in this area

    490 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1266954

Northwest Arkansas Board of REALTORS®

APN: 05-10957-000

Arkansas Benton County Cave Springs 72718

1612 Park Ridge Way, Cave Springs, AR

This home is located at 1612 Park Ridge Way, Cave Springs, AR 72718 since 22 February 2024 and is currently estimated at $1,312,564, approximately $315 per square foot. This property was built in 2014. 1612 Park Ridge Way is a home located in Benton County with nearby schools including Janie Darr 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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