NOT LISTED FOR SALE

308 NW 7th St Bentonville, AR 72712

Estimated Value: $418,000 - $713,000

2 Beds
1 Bath
912 Sq Ft
$608/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $465,000 $510 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,311/month

45 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Park
  • Sugar Creek Elementary School Rated A
  • Eat-In Kitchen
  • Shops

About This Home

As of April 2023

Downtown Bentonville Location only a few blocks from Crystal Bridges, and the bike trails. This property has a public alley behind it that can be opened up for rear parking or a future home with rear access. Terrific investment property in the hub of Downtown Bentonville, would make an incredible AirBNB. Good sized L Shaped lot with Public access alley to the rear of the parcel. The homes on both corners of this street are renovated and the lot next door to the east has been cleared for a new construction home. Real Wood floors, New HVAC 2020, good size storage shed. Also listed as RES MLS #1236644

Last Agent to Sell the Property

Rob Winkel

Fathom Realty License #EB00081411 Listed on: 01/19/2023

Fathom Realty

Last Buyer's Agent

Great Team Win Group

eXp Realty NWA Branch

eXp Realty NWA Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Cabin
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Gravel Driveway

Utilities

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

Additional Features

  • Outdoor Storage
  • Property is near a park

Listing and Financial Details

  • Legal Lot and Block 9 / 27

Community Details

Recreation

  • Park
  • Trails

Additional Features

  • Demings Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,889

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: IRREG
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Demings
  • Directions: North on A street from Downtown Bentonville to 7th Street NW. Left on 7th St NW.
  • Architectural Style: Cabin/Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Gas Water Heater
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Living Area: 912.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Cleared, Industrial Park, Level, Near Park
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near State Park, Near Schools, Park, Shopping, Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1889.0
  • Tax Block: 27
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Apr 5, 2023
Sold by
Templeton Michelle L
Bought by
Carter Nicholas and Carter Amber
Seller's Agent
Rob Winkel
Fathom Realty
Buyer's Agent
Great Team Win Group
eXp Realty NWA Branch
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Views
1
Current Estimated Value
$554,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,532
Avg. Annual Appreciation
6.90%
Original Mortgage
$372,000
Outstanding Balance
$363,021
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$191,511

Purchase Details

Closed on
Aug 31, 2018
Sold by
Chambers James C and Chambers Christina J
Bought by
Templeton Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,330
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1997
Bought by
Chambers

Purchase Details

Closed on
Dec 6, 1988
Bought by
Edwards

Purchase Details

Closed on
Mar 26, 1981
Bought by
Ryan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carter Nicholas $465,000 City Title
Templeton Michelle L $80,000 Pci Advance Title Llc
Chambers $40,000 --
Edwards -- --
Ryan $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Nicholas $372,000
Previous Owner Templeton Michelle L $77,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $465,000 -7.0% $510 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $500,000 -- $548 / 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 $4,601 $74,792 $55,495 $19,297
2024 $4,622 $74,792 $55,495 $19,297
2023 $2,429 $55,890 $50,530 $5,360
2022 $2,005 $55,890 $50,530 $5,360
2021 $1,889 $55,890 $50,530 $5,360
2020 $1,802 $34,180 $31,360 $2,820
2019 $1,802 $34,180 $31,360 $2,820
2018 $423 $34,180 $31,360 $2,820
2017 $742 $34,180 $31,360 $2,820
2016 $659 $34,180 $31,360 $2,820
2015 $600 $9,710 $4,000 $5,710
2014 $600 $9,710 $4,000 $5,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1236644

Northwest Arkansas Board of REALTORS®

APN: 01-02318-000