NOT LISTED FOR SALE

20401 Slate Gap Rd Garfield, AR 72732

Estimated Value: $1,339,000 - $1,872,000

4 Beds
4 Baths
4,000 Sq Ft
$390/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,350,000 $338 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,344/month

7 Days on Market

Highlights

  • Lake Front
  • Docks
  • Traditional Architecture
  • Garfield Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2023

FULLY FURNISHED AND INCLUDES PRIVATE 2 SLIP DOCK! (Dock is permitted as part of community dock permit #1988) Welcome to your private piece of paradise. This lake front home sits on 8.07 acres with easy access to the lake, dock, and swim deck. This beautifully designed home offers 4 bedrooms, 4 full bathrooms, eat-in kitchen, spacious living room with wood burning fireplace. The primary suite offers beautiful treetop views, a spacious ensuite bathroom, and walk-in closets. Full walkout basement features family/media room, wet bar, bedroom, 2 full bathrooms, pellet stove, pool table, & more. Exterior was ceramic coated in 2020 and has a 25 year transferrable warranty. Full home generator. A 30x40 metal storage building, small storage building, and well house are insulated. Stamped concrete patio with stainless steel railing, steel framed deck with stamped concrete decking and stainless steel railing. New purification equipment and water softener installed on well water. Boat slips are 10x26.

Last Agent to Sell the Property

Stephen Sohosky

Beaver Lake Realty License #PB00084621 Listed on: 02/24/2023

Last Buyer's Agent

Mike Sims

Bassett Mix And Associates, Inc License #EB00077293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1998

Lot Details

  • 8.07 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Cedar

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Propane Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Well
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block / / /

Community Details

Overview

  • 35 20 35 Rural Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,513

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 8.07
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: 35-20-35 Rural
  • Directions: Hwy 62 to Garfield, turn onto 127 approximately 5.5 miles to Slate Gap Road, turn R approximately 3 miles to the hair pen left curve, stay straight onto Longshore Drive, veer left at directional sign and follow to driveway on your left at sign.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: House
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Oven, Ice Maker, Microwave Hood Fan, Microwave, Propane Cooktop, Propane Water Heater, Refrigerator, Water Heater, Washer, PlumbedForIce Maker
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Eat-in Kitchen, Solid Surface Counters, Walk-In Closet(s), Wired for Sound, Storage
  • Living Area: 4000.0
  • Dining Room Type: Storage Room
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Outside City Limits, Other, Sloped, See Remarks, Views
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Rock
  • Exterior Features: Concrete Driveway, StampedConcrete Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Storage, Well House
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt, Shingle

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: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Trails/Paths

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6513.0
  • Tax Block: /
  • Tax Lot: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 1, 2023
Sold by
James Coale Revocable Trust
Bought by
Say Yes Living Llc
Seller's Agent
Stephen Sohosky
Beaver Lake Realty
Buyer's Agent
Mike Sims
Bassett Mix And Associates, Inc
List Price
$1,465,000
Sold Price
$1,350,000
Premium/Discount to List
-$115,000
-7.85%
Current Estimated Value
$1,560,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,578
Avg. Annual Appreciation
6.12%
Original Mortgage
$1,215,000
Outstanding Balance
$1,182,149
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$378,429

Purchase Details

Closed on
May 31, 1994
Bought by
White

Purchase Details

Closed on
Jun 15, 1989
Bought by
Henning

Purchase Details

Closed on
Dec 13, 1988
Bought by
Cruey

Purchase Details

Closed on
Apr 1, 1984
Bought by
Stenner
Source: Public Records

Range of Values:

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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
Say Yes Living Llc $1,350,000 None Listed On Document
White $55,000 --
Henning $12,000 --
Wolcott -- --
Cruey -- --
Stenner $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Say Yes Living Llc $1,215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,350,000 -7.8% $338 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,465,000 +150.4% $366 / Sq Ft
03/18/2019 03/18/19 Sold $585,000 -2.5% $144 / Sq Ft View Prior Sale
02/16/2019 02/16/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $599,999 -- $147 / 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 $13,144 $257,732 $66,412 $191,320
2024 $12,397 $257,732 $66,412 $191,320
2023 $6,105 $136,825 $36,225 $100,600
2022 $6,531 $136,920 $36,320 $100,600
2021 $6,513 $136,920 $36,320 $100,600
2020 $6,518 $126,920 $27,760 $99,160
2019 $6,883 $126,920 $27,760 $99,160
2018 $6,711 $125,790 $26,630 $99,160
2017 $6,271 $125,790 $26,630 $99,160
2016 $6,271 $125,790 $26,630 $99,160
2015 $5,560 $115,600 $7,640 $107,960
2014 $5,780 $115,600 $7,640 $107,960
Source: Public Records

Agents Affiliated with this Home

  • Stephen Sohosky

    Seller's Agent in 2023

    Stephen Sohosky

    Beaver Lake Realty

    (479) 366-7646

    85 Total Sales

    Stephen Sohosky
    Section Image
  • Mike Sims

    Buyer's Agent in 2023

    Mike Sims

    Bassett Mix And Associates, Inc

    (479) 427-0209

    213 Total Sales

    Mike Sims
    Section Image

  • B

    Seller's Agent in 2019

    Brandon Rains

    Weichert REALTORS - The Griffin Company Springdale

    (479) 236-7472

    Brandon Rains
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1238295

Northwest Arkansas Board of REALTORS®

APN: 18-01687-000

Arkansas Benton County Garfield 72732

20401 Slate Gap Rd, Garfield, AR

This home is located at 20401 Slate Gap Rd, Garfield, AR 72732 since 24 February 2023 and is currently estimated at $1,560,578, approximately $390 per square foot. This property was built in 1998. 20401 Slate Gap Rd is a home located in Benton County with nearby schools including Garfield Elementary School, Lingle Middle School, and Rogers Heritage 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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