NOT LISTED FOR SALE

229 E Lowell Ave Cave Springs, AR 72718

Estimated Value: $195,000 - $278,809

3 Beds
1 Bath
1,148 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $135,000 $118 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,422/month

47 Days on Market

Highlights

  • 0.88 Acre Lot
  • Deck
  • Attic
  • Evening Star Elementary School Rated A
  • Property is near park
  • Granite Countertops

About This Home

As of January 2020

Older home on almost 1 acre in the heart of Cave Springs. Commercial potential. Bentonville Schools. Interior updated in 2018 with new paint, flooring, fixtures, faucets, granite, backsplash, appliances, blinds, etc. Perfect for a long term rental or airbnb and located just a few miles from XNA. Walking distance to Illinois River Watershed Park and Trail. Agent owned

Last Agent to Sell the Property

Aaron Hawes

Landmark Real Estate and Investment LLC License #EB00075426 Listed on: 11/11/2019

Last Buyer's Agent

Aaron Hawes

Landmark Real Estate and Investment LLC License #EB00075426 Listed on: 11/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 1945

Lot Details

  • 0.88 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Cleared Lot
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Cave Spgs Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Road Frontage Type: Public Road
  • Subdivision Name: Cave Spgs
  • Directions: I49 to exit 78 head west to Cave Springs property on South side of the road right before HWY 112. OR HWY 112 to HWY 264 2nd house past Caseys.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Age Unknown
  • Year Built: 1945
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1945

Interior Features

  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Plumbed For Ice Maker
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Granite Counters
  • Living Area: 1148.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced, Privacy, Wood
  • Lot Features: Cleared, Hardwood Trees, Not In Subdivision, Near Park
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Deck, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage, Circular Driveway, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Park, Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 894.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 28, 2020
Sold by
Hawes Aaron M and Hawes Amanda M
Bought by
Goodwin Grant B
Seller's Agent
Aaron Hawes
Landmark Real Estate and Investment LLC
Buyer's Agent
Aaron Hawes
Landmark Real Estate and Investment LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$247,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,452
Avg. Annual Appreciation
10.66%
Original Mortgage
$130,950
Outstanding Balance
$115,922
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$131,530

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 22, 2020
Sold by
Hinds Richard Wayne
Bought by
Hawes Aaron
Seller's Agent
Aaron Hawes
Landmark Real Estate and Investment LLC
Buyer's Agent
Aaron Hawes
Landmark Real Estate and Investment LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$115,922
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$131,530

Purchase Details

Closed on
Jan 4, 2012
Sold by
Plateau Properties Llc
Bought by
Hinds Richard Wayne

Purchase Details

Closed on
Nov 13, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Plateau Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
5.99%

Purchase Details

Closed on
Apr 8, 2004
Bought by
Biscamp

Purchase Details

Closed on
Feb 5, 2003
Bought by
Sibrian

Purchase Details

Closed on
Mar 14, 2000
Bought by
Friend Tr

Purchase Details

Closed on
Feb 4, 1998
Bought by
Friend

Purchase Details

Closed on
Jul 1, 1997
Bought by
Mcgarrah Rev Trust

Purchase Details

Closed on
Apr 1, 1997
Bought by
Mcgarrah Paul and Brandon Yvonne

Purchase Details

Closed on
Mar 3, 1997
Bought by
Rone Bonnie Jean

Purchase Details

Closed on
Oct 7, 1985
Bought by
Bagby

Purchase Details

Closed on
Apr 9, 1985
Bought by
Mcgarrah

Purchase Details

Closed on
Sep 26, 1984
Bought by
Haire

Purchase Details

Closed on
May 25, 1984
Bought by
Ventres
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goodwin Grant B $135,000 Liberty T&E Ar Llc
Hawes Aaron $80,000 Liberty T&E Of Ar Llc
Hinds Richard Wayne $80,000 Waco Title Company
Plateau Properties Llc $39,000 None Available
Biscamp $88,000 --
Biscamp $88,000 --
Sibrian $50,000 --
Friend Tr -- --
Friend $34,000 --
Mcgarrah Rev Trust -- --
Mcgarrah Paul -- --
Rone Bonnie Jean -- --
Bagby -- --
Mcgarrah $9,000 --
Haire -- --
Ventres -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin Grant B $130,950
Closed Hawes Aaron $8,610
Previous Owner Plateau Properties Llc $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2020 01/28/20 Sold $135,000 -9.9% $118 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $149,900 +87.4% $131 / Sq Ft
10/22/2014 10/22/14 Sold $80,000 0.0% $68 / Sq Ft View Prior Sale
10/22/2014 10/22/14 For Sale $80,000 -- $68 / 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 $1,683 $39,426 $17,000 $22,426
2024 $1,676 $39,426 $17,000 $22,426
2023 $1,596 $26,040 $4,000 $22,040
2022 $1,199 $26,040 $4,000 $22,040
2021 $1,195 $26,040 $4,000 $22,040
2020 $519 $14,660 $3,400 $11,260
2019 $894 $14,660 $3,400 $11,260
2018 $894 $14,660 $3,400 $11,260
2017 $838 $14,660 $3,400 $11,260
2016 $838 $14,660 $3,400 $11,260
2015 $736 $12,460 $3,400 $9,060
2014 $736 $12,460 $3,400 $9,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1131685

Northwest Arkansas Board of REALTORS®

APN: 05-10181-000