NOT LISTED FOR SALE

2 Formby Ln Bella Vista, AR 72715

Estimated Value: $301,000 - $340,000

3 Beds
2.5 Baths
2,366 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $318,000 $134 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,076/month

96 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Burning Stove
  • Cooper Elementary School Rated A
  • Deck
  • Living Room with Fireplace

About This Home

As of August 2024

Welcome to your new sanctuary in Bella Vista! This charming 3-bedroom, 2.5-bathroom home spans 2,366 square feet, offering ample space for your comfort. Upon entering, natural light floods the living area, creating a warm and inviting atmosphere accentuated by a wood-burning fireplace and rustic details, ideal for cozy evenings with loved ones. The kitchen features sleek white cabinetry, a convenient wet bar, and wood countertops on the island, adding a touch of warmth and elegance to the space. The basement holds promise with its own mini kitchen area and separate entrance, offering versatility for a home office, gym, or additional living space. Outside, the fenced backyard beckons with a stained wood deck, perfect for al fresco dining and entertaining guests in the lush surroundings. With its blend of charm, comfort, and potential, this gem is poised to become your perfect retreat. Schedule a viewing today and envision the endless possibilities awaiting you!

Last Agent to Sell the Property

The Moldenhauer Group

RE/MAX Associates, LLC Brokerage Phone: 479-684-5757 Listed on: 03/28/2024

Last Buyer's Agent

T Dee Whidbee

Collier & Associates- Rogers Branch License #SA00081549

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Chain Link Fence

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / 30

Community Details

Overview

  • Bella Vista Poa, Phone Number (479) 855-8000
  • Avondale Sub 1 Bvv Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,429

Year Built

Built in 1971

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Avondale Sub 1 Bvv
  • Directions: Follow US-71 N/Bella Vista Way, Take exit 98. Turn left onto AR-340 W, Turn right onto Cooper RD, Turn right onto Hatcher Dr, Turn left onto Finger Dr, Turn right onto Hope Dr, Turn left onto Arnold Ln, Turn right onto Formby Ln. Property on right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1971
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-684-5757
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1971

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters
  • Living Area: 2366.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Lot Features: Cul-De-Sac, Subdivision
  • Pool Features: Community
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • 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, Electric, Wood Stove
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Playground, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 40.0
  • Association Fee Frequency: Monthly
  • Association Name: Bella Vista POA
  • Phone: 479-855-8000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2429.0
  • Tax Block: 30
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Aug 12, 2024
Sold by
Henry Adam and Robertson Charlotte
Bought by
Mallett Tony Ray and Mallett Kathleen
Seller's Agent
The Moldenhauer Group
RE/MAX Associates, LLC
Buyer's Agent
T Dee Whidbee
Collier & Associates- Rogers Branch
List Price
$329,900
Sold Price
$318,000
Premium/Discount to List
-$11,900
-3.61%
Views
161
Current Estimated Value
$329,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,137
Avg. Annual Appreciation
2.73%
Original Mortgage
$312,240
Outstanding Balance
$308,482
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$20,655

Purchase Details

Listed on
Aug 19, 2022
Closed on
Nov 10, 2022
Sold by
Scott Eric E
Bought by
Henry Adam and Robertson Charlotte
Seller's Agent
The Moldenhauer Group
RE/MAX Associates, LLC
Buyer's Agent
Margie Moldenhauer
RE/MAX Associates
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$192,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2021
Closed on
Feb 15, 2022
Sold by
Barry Bullard K
Bought by
Scott Eric E
Seller's Agent
BERNICE HOLLY
Pedigree Real Estate
Buyer's Agent
Jimmy Williams
Fathom Realty
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$205,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Bullard Sandra K
Bought by
Bullard K Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1994
Bought by
Bullard

Purchase Details

Closed on
Mar 31, 1992
Bought by
Ewald

Purchase Details

Closed on
Jun 28, 1991
Bought by
Schuske

Purchase Details

Closed on
Oct 10, 1990
Bought by
Winters

Purchase Details

Closed on
Mar 30, 1988
Bought by
Kalous

Purchase Details

Closed on
Oct 4, 1985
Bought by
Kalous

Purchase Details

Closed on
Sep 13, 1985
Bought by
Kalous
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mallett Tony Ray $318,000 Waco Title
Henry Adam $240,000 City Title & Closing
Scott Eric E $240,000 None Listed On Document
Bullard K Barry -- Waco
Bullard $75,000 --
Ewald $68,000 --
Schuske $70,000 --
Winters $60,000 --
Winters -- --
Kalous -- --
Kalous $52,000 --
N -- --
Kalous -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallett Tony Ray $312,240
Previous Owner Henry Adam $192,000
Previous Owner Scott Eric E $205,500
Previous Owner Bullard K Barry $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $318,000 -0.6% $134 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $320,000 -1.5% $135 / Sq Ft
06/01/2024 06/01/24 Price Changed $324,900 -1.5% $137 / Sq Ft
04/02/2024 04/02/24 For Sale $329,900 0.0% $139 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $329,900 +37.5% $139 / Sq Ft
11/10/2022 11/10/22 Sold $240,000 -4.0% $101 / Sq Ft View Prior Sale
10/16/2022 10/16/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $250,000 -3.8% $106 / Sq Ft
09/22/2022 09/22/22 Price Changed $259,900 -1.0% $110 / Sq Ft
08/30/2022 08/30/22 Price Changed $262,500 -2.7% $111 / Sq Ft
08/26/2022 08/26/22 Price Changed $269,900 -1.9% $114 / Sq Ft
08/19/2022 08/19/22 For Sale $275,000 +14.6% $116 / Sq Ft
02/16/2022 02/16/22 Sold $240,000 -17.2% $101 / Sq Ft View Prior Sale
01/17/2022 01/17/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $289,900 -- $123 / 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 $3,576 $57,746 $1,600 $56,146
2024 $2,592 $57,746 $1,600 $56,146
2023 $2,356 $38,440 $800 $37,640
2022 $1,432 $38,440 $800 $37,640
2021 $1,346 $38,440 $800 $37,640
2020 $1,279 $25,960 $600 $25,360
2019 $1,279 $25,960 $600 $25,360
2018 $1,304 $25,960 $600 $25,360
2017 $1,235 $25,960 $600 $25,360
2016 $1,235 $25,960 $600 $25,360
2015 $1,459 $24,200 $1,000 $23,200
2014 $1,109 $24,200 $1,000 $23,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1270684

Northwest Arkansas Board of REALTORS®

APN: 16-02816-000