NOT LISTED FOR SALE

203 N Grimsdell Cir Cave Springs, AR 72718

Estimated Value: $1,072,000 - $1,147,000

0.5 Acre
$2,222,152 Price per Acre
21,780 Sq Ft Lot

Last Sold December 24, 2015

Last sale price $60,000

Est. 1,752% increase in value since last sale

Current estimated payment $6,522/month

1,188 Days on Market

Highlights

  • Golf Course Community
  • 0.5 Acre Lot
  • Views
  • Evening Star Elementary School Rated A
  • Wooded Lot
  • Satellite Dish

About This Lot

As of December 2015

WELCOME TO OTTER CREEK ESTATES PHASE 1. LOTS 1/2 to 1 ACRE, GENTLE ROLLING SLOPES, BEAUTIFUL VIEWS / CONSERVATION AREAS, COMMUNITY POOL, TENNIS COURT, WALKING TRAILS & PONDS. CENTRAL TO EVERYTHING NWA HAS TO OFFER, 2500 SQ FT MINIMUM.

Last Agent to Sell the Property

Philip Cingolani

Collier & Associates License #EB00061781 Listed on: 08/22/2012

Collier & Associates

Last Buyer's Agent

Heather Campbell

Weichert, REALTORS Griffin Company Bentonville License #SA00063918

Weichert, REALTORS Griffin Company Bentonville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $391

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 184

Community Details

Overview

  • Otter Creek Estates Ph I Cave Springs Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$391

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.5
  • Lot Size: x
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Otter Creek Estates Ph I-Cave Springs
  • Directions: From 540 take Exit 78 (Lowell exit) and travel west 4.2 miles, Otter Creek entrance on the right. "OR" From the intersection of 112 and Hwy 264 travel East on Hwy 264 1/2 mile, Otter Creek entrance on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Other Equipment: Satellite Dish

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Open Lot, Recreational, Subdivision, Views, Wooded, Level
  • Topography: Cleared,Level,Rolling
  • View: Yes
  • Waterfront Features: None

Utilities

  • Electric: Underground
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Curbs, Sidewalks
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 391.0
  • Tax Block: 0
  • Tax Lot: 184

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Payne Construction Inc
Bought by
Lee Peter and Lee Amy
Current Estimated Value
$1,111,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Outstanding Balance
$346,886
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$764,190

Purchase Details

Listed on
Aug 22, 2012
Closed on
Dec 23, 2015
Sold by
Board Of Commissioners Cave Springs Muni
Bought by
Payne Construction Inc
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
List Price
$45,000
Sold Price
$60,000
Premium/Discount to List
$15,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.73%

Purchase Details

Closed on
Dec 18, 2013
Sold by
Commissioner Of State Lands
Bought by
Board Of Commissioners and Cave Springs Municipal Property Owners I

Purchase Details

Closed on
Dec 15, 2011
Bought by
Cave Spgs Muni Po #3 188Pc
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
Lee Peter $538,500 First National Title Company
Payne Construction Inc $60,000 First National Title Co
Board Of Commissioners $3,110 None Available
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Peter $424,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2015 12/24/15 Sold $60,000 +33.3% --
11/24/2015 11/24/15 Pending -- -- --
08/22/2012 08/22/12 For Sale $45,000 -- --
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 $7,573 $188,803 $19,000 $169,803
2024 $7,540 $188,803 $19,000 $169,803
2023 $7,180 $121,111 $19,000 $102,111
2022 $7,119 $121,111 $19,000 $102,111
2021 $7,696 $114,680 $19,000 $95,680
2020 $7,469 $96,270 $11,600 $84,670
2019 $7,469 $96,270 $11,600 $84,670
2018 $7,494 $96,270 $11,600 $84,670
2017 $709 $11,600 $11,600 $0
2016 $709 $11,600 $11,600 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Philip Cingolani

    Collier & Associates

    (479) 274-0662

    6 Total Sales

    Philip Cingolani
    Section Image
  • Heather Campbell

    Buyer's Agent in 2015

    Heather Campbell

    Weichert, REALTORS Griffin Company Bentonville

    (479) 366-3026

    122 in this area

    584 Total Sales

    Heather Campbell
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 662949

Northwest Arkansas Board of REALTORS®

APN: 05-11453-000

Arkansas Benton County Cave Springs 72718

203 N Grimsdell Cir, Cave Springs, AR

This home is located at 203 N Grimsdell Cir, Cave Springs, AR 72718 since 22 August 2012 and is currently estimated at $1,111,076. 203 N Grimsdell Cir is a home located in Benton County with nearby schools including Evening Star Elementary School, Bright Field Middle School, and Fulbright Junior 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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