NOT LISTED FOR SALE

2698 Highlands Way Elm Springs, AR 72762

Estimated Value: $703,000 - $787,928

4 Beds
3.5 Baths
2,774 Sq Ft
$271/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $500,000 $180 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,507/month

17 Days on Market

Highlights

  • New Construction
  • 1.55 Acre Lot
  • Farmhouse Style Home
  • Willis Shaw Elementary School Rated A-
  • Living Room with Fireplace
  • Covered Patio or Porch

About This Home

As of February 2021

This gorgeous 1.55+ acre lot has a stunning new construction home w/ a wonderful floor-plan! Estimated completion of the of this home is 3/1/2021. The split floor-plan features a stunning master with a gorgeous master ensuite and huge walk in closet. The open living area has a gas log fireplace and vaulted ceiling with a formal dining area nearby. Highlands at Elm Springs is a quiet retreat embracing rural living. This new construction community is inspired by traditional southern charm & the small town character of Elm Springs. A place where preservation of the land's surrounding beauty is paramount & residents can experience city luxuries & country living in complete harmony! It's a gated community that offers privacy, peacefulness & the finest living in NWA! The perfect place to call home! For directions please call or search "Highlands at Elm Springs" in Google maps for the entrance. Call today to schedule a preview of this stunning on in the Highlands at Elm Springs gated estate lot community today!

Last Agent to Sell the Property

Matt Dickhut

Collier & Associates License #SA00082257 Listed on: 01/07/2021

Collier & Associates

Last Buyer's Agent

Non MLS

Non MLS Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.55 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Level Lot
  • Open Lot
  • Cleared Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Home to be built
  • Farmhouse Style Home
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,774 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Electric Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Tankless Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • ENERGY STAR Qualified Appliances
  • Outside City Limits

Community Details

  • Association fees include security
  • Highlands At Elm Springs Association
  • Highlands At Elm Springs Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 47

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.55
  • Road Frontage Type: Private Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Highlands at Elm Springs
  • Directions: In google maps search "Highlands at Elm Springs" for the entrance of subdivsion. From Elm Springs head west on Water Street for 2 miles. Turn right on the 2nd Kenneth Price Road. About a half mile at the top of the hill the sub will be on the Left.
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2021
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: 4098
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Appliances: Some Gas Appliances, Double Oven, Dishwasher, Exhaust Fan, Electric Oven, Gas Water Heater, Hot Water Circulator, Microwave, Tankless Water Heater, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Programmable Thermostat, Walk-In Closet(s)
  • Living Area: 2774.0
  • Window Features: Double Pane Windows, Vinyl
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Level, None, Outside City Limits, Open Lot, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick, Concrete
  • Direction Faces: South
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: To Be Built
  • Roof: Architectural, Metal, 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: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, High Speed Internet Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Highlands at Elm Springs
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Security

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 608.0
  • Tax Block: .
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 24, 2021
Sold by
Hillside Homes Llc
Bought by
Coffman Rod M and Coffman Teresa K
Seller's Agent
Matt Dickhut
Collier & Associates
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$750,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,982
Avg. Annual Appreciation
9.33%
Original Mortgage
$186,000
Outstanding Balance
$136,486
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$614,496

Purchase Details

Closed on
Sep 22, 2020
Sold by
Highlands At Elm Springs Llc
Bought by
Hillside Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Construction
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
Coffman Rod M $500,000 Waco Title
Hillside Homes Llc $123,075 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffman Rod M $186,000
Previous Owner Hillside Homes Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $500,000 +0.2% $180 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $499,000 -- $180 / 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 $4,874 $130,980 $27,000 $103,980
2023 $4,846 $130,980 $27,000 $103,980
2022 $4,216 $88,290 $23,400 $64,890
2021 $3,587 $69,240 $23,400 $45,840
2020 $607 $11,700 $11,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1170485

Northwest Arkansas Board of REALTORS®

APN: 750-01205-000