NOT LISTED FOR SALE

Estimated Value: $1,890,619 - $2,700,000

5 Beds
6.5 Baths
9,742 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $1,700,000 $175 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $14,330/month

130 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • 0.85 Acre Lot
  • Chenal Elementary School Rated A-
  • Gated Community
  • Hearth Room

About This Home

As of August 2013

One of Little Rock's finest. Custom built with Austin Stone Exterior. Every possible amenity. Spectacular chef's kitchen with slab granite and top of the line appliances (Bosch, Viking, Subzero) Beautiful, luxurious master suite. The ultimate setting for family living and entertaining. Each bedroom is full suite. Elevator connecting all floors. Handsome home office, Outstanding game room and theater. Endless outdoor entertaining with Gunite pool/waterfalls, Pergola, fireplace, sport court, 5 car gar.

Last Agent to Sell the Property

Casey Jones

Janet Jones Company Listed on: 03/09/2013

Janet Jones Company

Last Buyer's Agent

Donna Dailey

Janet Jones Company

Janet Jones Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,647

Year Built

  • Built in 2008

Lot Details

  • 0.85 Acre Lot
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Tile Roof
  • Stone Exterior Construction

Interior Spaces

  • 9,742 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Unfinished Basement
  • Crawl Space
  • Attic Floors
  • Home Security System
  • Laundry Room

Kitchen

  • Hearth Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub
  • Walk-in Shower

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

Overview

  • Other Mandatory Fees

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,647

Year Built

Built in 2008

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Inground Pool, Guttering, Lawn Sprinkler
  • Inside City Limits: Yes
  • Price Per Sq Ft: 174.5
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Estimated Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen, Separate Breakfast Rm, Breakfast Bar
  • Fireplace: Woodburning-Site-Built, Gas Starter, Three Or More
  • Bedrooms: Primary Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart, 4 Bedrooms Same Level
  • Estimated Sq Ft: 9742
  • Bedrooms: 5
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interiors: Wet Bar, Whirlpool/Hot Tub/Spa, Security System, Window Treatments, Floored Attic, Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Double Oven, Gas Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Formal Living Room, Den/Family Room, Office/Study, Game Room, Bonus Room, Unfinished Space, Laundry, Hearth Room, Media Room/Theater
  • Stories: Two Story

Exterior Features

  • Exterior: Stone
  • Roof: Tile

Garage/Parking

  • Parking: Garage, Auto Door Opener, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas, Zoned Units

Condo/Co-op/Association

  • Amenities: Mandatory Fee, Gated Entrance
  • Condo Association Fee: Entrance Security
  • Condo Association Fee: 1500
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.85
  • Estimated Lot Size: irreg
  • Lot: Level, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 22647
  • Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2013
Closed on
Aug 16, 2013
Sold by
Rao Thomas K and Rao Christi Lambert
Bought by
Rao Thomas K and Rao Christi Lambert
Seller's Agent
Casey Jones
Janet Jones Company
Buyer's Agent
Donna Dailey
Janet Jones Company
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%
Current Estimated Value
$2,333,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,905
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Nov 16, 2007
Sold by
Rack Holdings Llc
Bought by
Summerview Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Vfe Inc
Bought by
Rack Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,602,620
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 2, 2003
Sold by
Magness Darren and Hannah Craig
Bought by
Rao Thomas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Rao Thomas K -- Pulaski County Title
Summerview Trust $2,600,000 None Available
Rack Holdings Llc $350,000 --
Rao Thomas K $1,700,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summerview Trust $2,600,000
Previous Owner Rack Holdings Llc $2,602,620
Previous Owner Rao Thomas K $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $1,700,000 -19.0% $175 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
03/09/2013 03/09/13 For Sale $2,100,000 -- $216 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $22,403 $430,828 $110,000 $320,828
2024 $22,403 $430,828 $110,000 $320,828
2023 $22,403 $430,828 $110,000 $320,828
2022 $22,403 $430,828 $110,000 $320,828
2021 $22,578 $372,420 $120,000 $252,420
2020 $23,572 $372,420 $120,000 $252,420
2019 $23,572 $312,420 $60,000 $252,420
2018 $19,739 $312,420 $60,000 $252,420
2017 $19,739 $312,420 $60,000 $252,420
2016 $22,262 $351,670 $50,000 $301,670
2015 $22,788 $351,670 $50,000 $301,670
2014 $22,788 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10343065

Cooperative Arkansas REALTORS® MLS

APN: 53L-024-24-064-00