NOT LISTED FOR SALE

2560 Patterson Rd Pea Ridge, AR 72751

Estimated Value: $280,000 - $422,000

3 Beds
2 Baths
1,264 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $112,000 $89 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,956/month

39 Days on Market

Highlights

  • 0.95 Acre Lot
  • Wood Flooring
  • Walk-In Closet
  • Deck
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of October 2014

Beautifully completely remodeled and upgraded home on 1 +/- acre. Close to town, open floor plan new stainless steel appliances, new carpet, wood floors & paint. Large new wood deck on front of house. New marble tile back splash.

Last Agent to Sell the Property

Salmonsen Group

Keller Williams Market Pro Realty Bentonville West Listed on: 07/23/2014

Keller Williams Market Pro Realty Bentonville West

Last Buyer's Agent

Salmonsen Group

Keller Williams Market Pro Realty Bentonville West Listed on: 07/23/2014

Keller Williams Market Pro Realty Bentonville West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 2003

Lot Details

  • 0.95 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Open Lot

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Cooktop
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Deck
  • Outside City Limits

Community Details

  • Otter Creek Place Ph Iii Rurban Subdivision

Listing and Financial Details

  • Tax Lot 4A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Lot Size: Irreg
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Otter Creek Place Ph Iii Rurban
  • Directions: I-49 exit 88 then east to Pea Ridge, left at 4 way. Right at the 2nd 4-way. Then left on patterson rd, home on the right hand side.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Smooth Cooktop, Plumbed For Ice Maker
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1264.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Level, Outside City Limits, Open Lot
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, 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: Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Pea Ridge

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Block: .
  • Tax Lot: 4A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Oct 1, 2014
Sold by
Molitor Timothy and Molitor Patricia A
Bought by
Compton King Brittany
Seller's Agent
Salmonsen Group
Keller Williams Market Pro Realty Bentonville West
Buyer's Agent
Salmonsen Group
Keller Williams Market Pro Realty Bentonville West
List Price
$115,000
Sold Price
$112,000
Premium/Discount to List
-$3,000
-2.61%
Current Estimated Value
$330,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,333
Avg. Annual Appreciation
10.37%
Original Mortgage
$114,285
Outstanding Balance
$88,930
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$238,595

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 7, 2014
Sold by
Fannie Mae
Bought by
Molitor Timothy
Seller's Agent
Lisa Wakefield
REMAX Real Estate Results
Buyer's Agent
Tim Salmonsen
Keller Williams Market Pro Realty Bentonville West
List Price
$64,900
Sold Price
$56,450
Premium/Discount to List
-$8,450
-13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
316.78%
Original Mortgage
$46,000
Interest Rate
4.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2014
Sold by
Whitaker Linda
Bought by
Arvest Mortgage Company

Purchase Details

Closed on
Jan 6, 2014
Sold by
Arvest Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 22, 2013
Sold by
Whitaker Linda and Stefanski Patricia
Bought by
Whitaker Linda and Stefanski Patricia

Purchase Details

Closed on
Jan 24, 2003
Bought by
Sanders and Whitaker

Purchase Details

Closed on
Nov 4, 2002
Bought by
Lewis

Purchase Details

Closed on
Oct 25, 1990
Bought by
Foltz

Purchase Details

Closed on
Sep 12, 1990
Bought by
Sona

Purchase Details

Closed on
Apr 17, 1990
Bought by
Litterman
Source: Public Records

Range of Values:

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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
Compton King Brittany $112,000 Pci Advance Title Llc
Molitor Timothy $56,450 None Available
Arvest Mortgage Company $57,569 None Available
Federal National Mortgage Association -- None Available
Whitaker Linda -- None Available
Sanders $80,000 --
Lewis $27,000 --
Foltz $13,000 --
Sona -- --
Litterman $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton King Brittany $114,285
Previous Owner Molitor Timothy $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $112,000 -2.6% $89 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $115,000 +103.7% $91 / Sq Ft
04/07/2014 04/07/14 Sold $56,450 -13.0% $45 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $64,900 -- $51 / 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
2024 $1,764 $52,109 $10,000 $42,109
2023 $1,680 $36,826 $3,800 $33,026
2022 $1,329 $36,826 $3,800 $33,026
2021 $833 $28,830 $3,800 $25,030
2020 $808 $21,200 $1,500 $19,700
2019 $808 $21,200 $1,500 $19,700
2018 $833 $21,200 $1,500 $19,700
2017 $750 $21,200 $1,500 $19,700
2016 $750 $21,200 $1,500 $19,700
2015 $962 $20,280 $3,200 $17,080
2014 $612 $20,280 $3,200 $17,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 712588

Northwest Arkansas Board of REALTORS®

APN: 15-11281-000