NOT LISTED FOR SALE

2961 Red Oak Ct Centerton, AR 72719

Estimated Value: $915,000 - $1,012,000

5 Beds
4 Baths
3,733 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $920,000 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,936/month

24 Days on Market

Highlights

  • 0.68 Acre Lot
  • Wood Flooring
  • Mud Room
  • Elm Tree Elementary School Rated A
  • Granite Countertops
  • Community Pool

About This Home

As of May 2024

Nestled in the Oak Tree gated community, this custom home is perfect for all that Northwest Arkansas has to offer. Oak wood floors, a stone fireplace and expansive windows welcome you. The kitchen features custom cabinetry, a pantry, double oven, gas cooktop, granite countertops, and an island. The main floor hosts the living room, master bedroom with full ensuite bath and walk-in closet, an additional bedroom and bathroom, and an office/dining area. A 3 car garage and side driveway provide access. Step outside to a rare huge flat backyard with a privacy fence, expansive open views, and a covered patio with a grill and fireplace. Upstairs 3 bedrooms, 2 baths, and a movie room with a wet bar and beer tap system. Oak Tree provides an ideal setting for kids and adults, amenities include a playground, tennis, pickleball and basketball courts, a community pool and clubhouse, and kind family-oriented neighbors. Nearby are Bentonville schools (West HS), biking trails (Coler and Little Sugar), and downtown Bentonville.

Last Agent to Sell the Property

Loria Hamilton-Field

USRealty.com, LLP License #PB00077285 Listed on: 03/28/2024

Last Buyer's Agent

Jennifer Fielding

Lindsey & Assoc Inc Branch License #EB00059824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,510

Year Built

  • Built in 2014

Lot Details

  • 0.68 Acre Lot
  • Privacy Fence
  • Wood Fence

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stone

Interior Spaces

  • 3,733 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Home Office
  • Library

Kitchen

  • Double Self-Cleaning Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 57 / 57

Community Details

Overview

  • Association fees include management
  • Oak Tree Poa, Phone Number (479) 935-8989
  • Oak Tree Centerton Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,510

Year Built

Built in 2014

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Subdivision Name: Oak Tree Centerton
  • Directions: From Highway 72, turn into the Oak Tree Subdivision, go thru the gate, take the first left, then take the next left, and the house is the 2nd house on the right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2014
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, Trash Compactor
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, None, Other, Mud Room
  • Living Area: 3733.0
  • Dining Room Type: Library, Mud Room, Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: None, Other, See Remarks
  • Pool Features: Community
  • Waterfront Features: None
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • 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: Pool
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association Name: Oak Tree POA
  • Phone: 479-935-8989
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management, Other

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6510.0
  • Tax Block: 57
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 14, 2024
Sold by
Top Rope Properties Llc
Bought by
Gray Kevan and Gray Molly
Seller's Agent
Loria Hamilton-Field
USRealty.com, LLP
Buyer's Agent
Jennifer Fielding
Lindsey & Assoc Inc Branch
List Price
$935,000
Sold Price
$920,000
Premium/Discount to List
-$15,000
-1.6%
Views
143
Current Estimated Value
$961,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,238
Avg. Annual Appreciation
2.66%
Original Mortgage
$550,000
Outstanding Balance
$542,199
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$419,039

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 16, 2022
Sold by
Wiseman and Victorica
Bought by
Top Rope Properties Llc
Seller's Agent
Blaine Elliott
Lindsey & Assoc Inc Branch
Buyer's Agent
Jared Smith
Gibson Real Estate
List Price
$825,000
Sold Price
$851,000
Premium/Discount to List
$26,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%

Purchase Details

Listed on
Aug 14, 2020
Closed on
Aug 14, 2020
Sold by
Siebert Kristy
Bought by
Wiseman Sean and Wiseman Victoria
Seller's Agent
Kristy Siebert
McMullen Realty Group
Buyer's Agent
Blaine Elliott
Lindsey & Assoc Inc Branch
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.23%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2014
Sold by
Payne Construction Inc
Bought by
Siebert Michael D and Siebert Kristy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2012
Sold by
Oak Tree Associates Llc
Bought by
Payne Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray Kevan $920,000 Waco Title
Top Rope Properties Llc $851,000 Williams Law Firm
Wiseman Sean $580,000 Realty Ttl & Closing Svcs Ll
Siebert Michael D $472,000 First National Title Company
Payne Construction Inc $63,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Kevan $550,000
Previous Owner Wiseman Sean $510,000
Previous Owner Siebert Michael D $417,000
Previous Owner Payne Construction Inc $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $920,000 -1.6% $246 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $935,000 +9.9% $250 / Sq Ft
08/12/2022 08/12/22 Sold $851,000 +3.2% $228 / Sq Ft View Prior Sale
07/30/2022 07/30/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $825,000 +42.2% $221 / Sq Ft
09/14/2020 09/14/20 Sold $580,000 0.0% $158 / Sq Ft View Prior Sale
08/15/2020 08/15/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $580,000 -- $158 / 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
2025 $9,818 $160,746 $25,000 $135,746
2024 $7,532 $160,746 $25,000 $135,746
2023 $7,174 $116,267 $14,000 $102,267
2022 $6,510 $108,940 $14,000 $94,940
2021 $6,453 $108,940 $14,000 $94,940
2020 $4,748 $95,480 $14,000 $81,480
2019 $4,543 $95,480 $14,000 $81,480
2018 $4,363 $95,480 $14,000 $81,480
2017 $3,805 $95,480 $14,000 $81,480
2016 $3,805 $95,480 $14,000 $81,480
2015 $3,977 $64,450 $10,120 $54,330
2014 $624 $10,120 $10,120 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1270889

Northwest Arkansas Board of REALTORS®

APN: 06-04390-000