NOT LISTED FOR SALE

2556 N 40th St Springdale, AR 72762

Estimated Value: $628,000 - $1,349,552

4 Beds
3.5 Baths
3,733 Sq Ft
$295/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $1,100,000 $295 Per Sq Ft

Current estimated payment $6,582/month

120 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Granite Countertops
  • Central Junior High School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of March 2022

This single-owner home sits on a prized 6-acre lot with mature trees along the perimeter. Secluded and centrally located at the heart of NWA. The inside features an open concept with 12 feet of custom cabinetry, stainless steel appliances, along with a 16’x4’ granite countertop island. Exercise and office rooms lay catty-corner to the living area. Oversized master bath with his/hers and extra walk-in closet. The spacious 12-foot ceilings are complimented by 8-foot doors throughout, complete with a floating hardwood floor. An abundance of natural light is present as a result of the numerous windows, and most notably, the 12 sets of windows in the living room with 3 sets of French doors included. Back patio is covered with a 1-year-old inground pool and outdoor built-in grill. Tucked in between Wagon wheel and Elm Springs Rd, it is a 5-minute drive to Macadoodles, Walmart, as well as I-49, allowing for quick access to XNA and all of NWA’s main locations. Video Tour:

Last Agent to Sell the Property

David Locke

eXp Realty NWA Branch Listed on: 10/08/2021

eXp Realty NWA Branch

Last Buyer's Agent

Michael Lamm

Better Homes and Gardens Real Estate Journey License #EB00078866

Better Homes and Gardens Real Estate Journey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 2015

Lot Details

  • 5.92 Acre Lot
  • Property is Fully Fenced
  • Wire Fence
  • Open Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Stucco

Interior Spaces

  • 3,733 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • 28 18 30 Springdale Outlots Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,925

Year Built

Built in 2015

Lot Details

5.92 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.92
  • Lot Size: 0
  • Road Frontage Type: Public Road
  • Subdivision Name: 28-18-30 SPRINGDALE OUTLOTS
  • Directions: Take the Elm Springs Exit. Merge onto Elm Springs Rd and turn onto N 40th. Home will be on your left.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2015
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Granite Counters, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 3733.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Full, Wire
  • Lot Features: Cleared, Open Lot
  • Pool Features: Gunite, In Ground, Pool, Private
  • Pool Private: Yes
  • Waterfront Features: None
  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio, Porch
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Shopping

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5925.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Mar 18, 2022
Sold by
Oelke Timothy Edward
Bought by
Demarco Samuel and Siddiqui Sabina
Seller's Agent
David Locke
eXp Realty NWA Branch
Buyer's Agent
Michael Lamm
Better Homes and Gardens Real Estate Journey
List Price
$1,496,000
Sold Price
$1,100,000
Premium/Discount to List
-$396,000
-26.47%
Current Estimated Value
$1,101,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,184
Avg. Annual Appreciation
0.03%
Original Mortgage
$880,000
Outstanding Balance
$817,147
Interest Rate
3.55%
Mortgage Type
Balloon
Estimated Equity
$284,037

Purchase Details

Closed on
Jun 21, 2019
Sold by
Crossland Teresa Lynn
Bought by
Oelke Timothy Edward

Purchase Details

Closed on
Dec 20, 2013
Sold by
Osterloh Stephen P and Osterloh Julia
Bought by
Oelke Timothy Edward and Oelke Teresa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,883
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1997
Bought by
Parson Henry F and Ttees Of Parson Family Rev Tru

Purchase Details

Closed on
Jan 1, 1989
Bought by
Parson Henry F and Parson Kathleen C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Demarco Samuel $1,100,000 City Title & Closing
Oelke Timothy Edward -- None Available
Oelke Timothy Edward $105,000 Pci Advance Title Llc
Parson Henry F -- --
Parson Henry F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demarco Samuel $880,000
Previous Owner Oelke Timothy Edward $105,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $1,100,000 -26.5% $295 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,496,000 -- $401 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $10,233 $197,930 $17,160 $180,770
2024 $10,233 $197,930 $17,160 $180,770
2023 $10,431 $197,930 $17,160 $180,770
2022 $6,406 $126,080 $10,150 $115,930
2021 $5,925 $126,080 $10,150 $115,930
2020 $5,293 $123,200 $10,150 $113,050
2019 $4,812 $91,300 $6,140 $85,160
2018 $4,812 $91,300 $6,140 $85,160
2017 $4,766 $91,300 $6,140 $85,160
2016 $4,766 $6,140 $6,140 $0
2015 $321 $6,140 $6,140 $0
2014 $372 $7,120 $7,120 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Locke

    eXp Realty NWA Branch

    (479) 282-2380

    155 Total Sales

    David Locke
    Section Image
  • Michael Lamm

    Buyer's Agent in 2022

    Michael Lamm

    Better Homes and Gardens Real Estate Journey

    (479) 212-1940

    96 Total Sales

    Michael Lamm
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1200704

Northwest Arkansas Board of REALTORS®

APN: 815-29789-135

Arkansas Washington County Springdale 72762

2556 N 40th St, Springdale, AR

Not Listed for Sale

Detached

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