NOT LISTED FOR SALE

2603 Magnolia Dr Springdale, AR 72762

Shady Grove Neighborhood

Estimated Value: $444,000 - $498,000

3 Beds
2.5 Baths
2,478 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $386,000 $156 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,922/month

24 Days on Market

Highlights

  • Fireplace in Bedroom
  • Traditional Architecture
  • Attic
  • John Tyson Elementary School Rated A-
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of January 2022

Beautiful home, 3 BD, 2.5 bath, that is close to everything. Home has a large bonus room that could be used as a 4th bedroom, 2 fireplaces, new granite counters in baths, kitchen & laundry. A/C new in 2019, new flooring in 2020 in living room & master suite. Large patio for entertaining.

Last Agent to Sell the Property

Jacqueline Arreola

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00087045 Listed on: 01/03/2022

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Kelly Crenshaw

Collier & Associates License #SA00061482

Collier & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,505

Year Built

  • Built in 2003

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Back and Front Yard Fenced
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,478 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Library
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Bedroom
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Cable TV Available

Community Details

  • South Willow Terrace Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,505

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: South Willow Terrace
  • Directions: From I-49, east on Don Tyson, south on Carley, left on Magnolia, house on the right. From Hwy 71B & Don Tyson, west on Don Tyson, South on Carley, left on Magnolia.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances: Built-In Range, Built-In Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bedroom, Gas Log, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, Walk-In Closet(s), Storage
  • Living Area: 2478.0
  • Dining Room Type: Bonus Room, Library, Office, Storage Room
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Front Yard, Partial
  • Lot Features: Cleared, Landscaped, Level
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Architectural, 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, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Hospital, Near Schools, Shopping, Sidewalks

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2505.0
  • Tax Block: -
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Jan 28, 2022
Sold by
Pinacho Jimenez Cecilia and Olvera Omar
Bought by
Carruth Lane L
Seller's Agent
Jacqueline Arreola
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Kelly Crenshaw
Collier & Associates
List Price
$397,000
Sold Price
$386,000
Premium/Discount to List
-$11,000
-2.77%
Current Estimated Value
$472,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,224
Avg. Annual Appreciation
5.87%
Original Mortgage
$343,001
Outstanding Balance
$320,361
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$151,813

Purchase Details

Closed on
May 23, 2017
Sold by
Negrete Carlos Jose and Negrete Anna
Bought by
Negrete Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,430
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jun 14, 2013
Sold by
Spearot Douglas E and Spearot Michelle
Bought by
Troutman Anna R
Seller's Agent
Lana Patrick
Bassett Mix And Associates, Inc
Buyer's Agent
Melody Troutman
Keller Williams Market Pro Realty
List Price
$228,000
Sold Price
$207,000
Premium/Discount to List
-$21,000
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$203,250
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2005
Sold by
Spearot Douglas E
Bought by
Spearot Douglas E and Hetrick Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 2, 2003
Sold by
R T Homes Inc
Bought by
Rakestraw Cortney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
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
Carruth Lane L $386,000 Cook Russell W
Negrete Anna -- None Available
Troutman Anna R $200,000 City Title & Closing Llc
Spearot Douglas E -- None Available
Spearot Douglas E $242,000 --
Rakestraw Cortney $209,000 Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carruth Lane L $343,001
Previous Owner Negrete Anna $65,200
Previous Owner Negrete Anna $190,430
Previous Owner Troutman Anna R $203,250
Previous Owner Spearot Douglas E $180,223
Previous Owner Spearot Douglas E $193,600
Previous Owner Rogers Travis M $346,100
Previous Owner Rakestraw Cortney $209,000
Closed Spearot Douglas E $36,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $386,000 -2.8% $156 / Sq Ft
01/03/2022 01/03/22 For Sale $397,000 +5.9% $160 / Sq Ft
12/17/2021 12/17/21 Sold $375,000 +4.2% $151 / Sq Ft
12/06/2021 12/06/21 For Sale $359,900 0.0% $145 / Sq Ft
02/01/2020 02/01/20 Rented $1,800 -10.0% --
01/02/2020 01/02/20 Under Contract -- -- --
11/24/2019 11/24/19 For Rent $2,000 0.0% --
06/14/2013 06/14/13 Sold $207,000 -9.2% $90 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
02/18/2013 02/18/13 For Sale $228,000 -- $99 / 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 $4,038 $78,110 $14,000 $64,110
2023 $4,116 $78,110 $14,000 $64,110
2022 $2,654 $50,360 $12,500 $37,860
2021 $2,654 $50,360 $12,500 $37,860
2020 $2,505 $50,360 $12,500 $37,860
2019 $1,902 $43,210 $7,000 $36,210
2018 $1,927 $43,210 $7,000 $36,210
2017 $179 $41,000 $7,000 $34,000
2016 $1,790 $41,000 $7,000 $34,000
2015 $1,790 $41,000 $7,000 $34,000
2014 $1,800 $41,180 $8,000 $33,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacqueline Arreola

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 335-4569

    3 in this area

    8 Total Sales

    Section Image
  • Kelly Crenshaw

    Buyer's Agent in 2022

    Kelly Crenshaw

    Collier & Associates

    (479) 313-1321

    4 in this area

    96 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Melody Troutman

    Keller Williams Market Pro Realty

    3 in this area

    4 Total Sales

    Section Image
  • Lana Patrick

    Seller's Agent in 2013

    Lana Patrick

    Bassett Mix And Associates, Inc

    (479) 466-3353

    64 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1206017

Northwest Arkansas Board of REALTORS®

APN: 815-35503-000

Arkansas Washington County Springdale 72762 Shady Grove

2603 Magnolia Dr, Springdale, AR

This home is located at 2603 Magnolia Dr, Springdale, AR 72762 since 03 January 2022 and is currently estimated at $467,512, approximately $188 per square foot. This property was built in 2003. 2603 Magnolia Dr is a home located in Washington County with nearby schools including John Tyson Elementary School, Southwest Junior High School, and Helen Tyson Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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