206 Torrance Dr Cave Springs, AR 72718
5
Beds
3.5
Baths
3,618
Sq Ft
0.54
Acres
Highlights
- 0.54 Acre Lot
- Family Room with Fireplace
- Wood Flooring
- Evening Star Elementary School Rated A
- Traditional Architecture
- Attic
About This Home
As of July 2025Discover this stunning home nestled in the highly sought-after Otter Creek community. Situated on a spacious half-acre lot, this residence offers five bedrooms, three and a half baths, a formal dining area, a dedicated office, and a versatile bonus room—perfect for family living and entertaining.
Relax and entertain on the large, covered, screened-in back porch, featuring a cozy fireplace. The backyard oasis includes an in-ground pool, all surrounded by privacy trees for a tranquil retreat. This exceptional property combines luxury, comfort, and outdoor enjoyment in a sought-after neighborhood.
The open floor plan is bathed in natural light, thanks to an abundance of windows that showcase beautiful views throughout the home. Inside, you'll find a sophisticated color palette complemented by gorgeous hardwood floors and granite countertops, creating a perfect home.
Last Agent to Sell the Property
Collier & Associates- Rogers Branch Brokerage Phone: 479-633-7411 License #EB00082814 Listed on: 05/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,052
Year Built
- Built in 2017
Lot Details
- 0.54 Acre Lot
- Back Yard Fenced
HOA Fees
- $65 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
- Fiberglass Roof
Interior Spaces
- 3,618 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Family Room with Fireplace
- 2 Fireplaces
- Storage
- Attic
Kitchen
- Eat-In Kitchen
- Double Oven
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 3 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Screened Patio
- Outdoor Fireplace
- Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 101
Community Details
Overview
- Otter Creek Poa
- Otter Creek Estates Ph Ii Cave Spgs Subdivision
Recreation
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2024
Sold by
Banwart Myron J and Banwart Charlyn
Bought by
Banwart Revocable Living Trust and Banwart
Purchase Details
Closed on
Jun 11, 2024
Sold by
Banwart Revocable Living Trust and Banwart Myron J
Bought by
Banwart Myron and Banwart Charlyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 10, 2020
Closed on
Jan 29, 2021
Sold by
Paulsen Jeffrey S and Paulsen Kimberly E
Bought by
Banwart Myron J and Banwart Charlyn
Seller's Agent
Amber Nye
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Hayley Franklin
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$625,000
Sold Price
$625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Purchase Details
Listed on
May 17, 2017
Closed on
Sep 29, 2017
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Paulsen Jeffery S and Paulsen Kimberly E
Seller's Agent
Jeff Phillips
Worth Clark Realty
Buyer's Agent
Ulrika Belline
Equity Partners Realty
List Price
$498,470
Sold Price
$498,470
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$423,700
Interest Rate
3.89%
Purchase Details
Closed on
Oct 7, 2016
Sold by
Otter Creek Neighborhood Llc
Bought by
Buffington Homes Of Arkansas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.44%
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
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $625,000 | City Title & Closing Llc | |
| Warranty Deed | $498,470 | First National Title Company | |
| Warranty Deed | $68,000 | First National Title Company | |
| Warranty Deed | $3,122 | None Available | |
| Corporate Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $470,000 | New Conventional | |
| Previous Owner | $423,700 | No Value Available | |
| Previous Owner | $325,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $1,135,000 | 0.0% | $314 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | For Sale | $1,135,000 | +81.6% | $314 / Sq Ft |
| 01/29/2021 01/29/21 | Sold | $625,000 | 0.0% | $173 / Sq Ft |
| 12/30/2020 12/30/20 | Pending | -- | -- | -- |
| 12/10/2020 12/10/20 | For Sale | $625,000 | +25.4% | $173 / Sq Ft |
| 09/29/2017 09/29/17 | Sold | $498,470 | 0.0% | $140 / Sq Ft |
| 08/30/2017 08/30/17 | Pending | -- | -- | -- |
| 05/17/2017 05/17/17 | For Sale | $498,470 | -- | $140 / Sq Ft |
Source: Northwest Arkansas Board of REALTORS®
Tax History Compared to Growth
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 | $7,142 | $178,457 | $19,000 | $159,457 |
| 2023 | $7,142 | $116,508 | $19,000 | $97,508 |
| 2022 | $6,794 | $106,950 | $19,000 | $87,950 |
| 2021 | $6,375 | $106,950 | $19,000 | $87,950 |
| 2020 | $6,149 | $95,480 | $11,600 | $83,880 |
| 2019 | $6,149 | $95,480 | $11,600 | $83,880 |
| 2018 | $6,174 | $95,480 | $11,600 | $83,880 |
| 2017 | $705 | $11,600 | $11,600 | $0 |
| 2016 | $705 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Brandi Mallard
Collier & Associates- Rogers Branch
(479) 721-8599
91 in this area
228 Total Sales
-
J
Buyer's Agent in 2025
Jaime Howell
Keller Williams Market Pro Realty Branch Office
(479) 381-8145
6 in this area
22 Total Sales
-
A
Seller's Agent in 2021
Amber Nye
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 586-1141
57 in this area
146 Total Sales
-
Buyer's Agent in 2021
Hayley Franklin
Coldwell Banker Harris McHaney & Faucette-Bentonvi
(870) 350-0357
4 in this area
86 Total Sales
-
J
Seller's Agent in 2017
Jeff Phillips
Worth Clark Realty
(479) 790-7672
-
M
Seller Co-Listing Agent in 2017
Megan Gage
Vylla Home
(479) 601-2211
28 Total Sales
Map
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1308292
APN: 05-11529-000
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