NOT LISTED FOR SALE

3111 Oak Tree Dr Centerton, AR 72719

Estimated Value: $1,119,000 - $1,230,000

5 Beds
4.5 Baths
4,350 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $688,000 $158 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,996/month

91 Days on Market

Highlights

  • Fitness Center
  • Media Room
  • Gated Community
  • Elm Tree Elementary School Rated A
  • Outdoor Pool
  • 0.56 Acre Lot

About This Home

As of November 2020

$7,500 in closing cost PAID! Luxury living in gated upscale neighborhood of Oak Tree. Pristine home with a spacious floor plan. Open living room flowing into the kitchen with huge island, farm sink, double ovens, pot filler, large walk-in pantry and Jenn-Air appliance package. Two secondary bedrooms on the main level. Second utility room upstairs. Separate bonus room and fully equipped media room with wet bar. Enjoy the outdoor oasis with the covered patio, built in grill, gas fireplace and fenced in backyard. All this within walking distance to the community clubhouse, pool, tennis and basketball courts. Located less than 5 miles from the Walmart Home office and Downtown Bentonville.

Last Agent to Sell the Property

Heather Campbell

Weichert, REALTORS Griffin Company Bentonville License #SA00063918 Listed on: 07/21/2020

Weichert, REALTORS Griffin Company Bentonville

Last Buyer's Agent

Carlene Clendenen

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00039823

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 159x180
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $92 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Stone

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • Media Room
  • Home Office
  • Library
  • Bonus Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Property is near schools

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 111 / 1

Community Details

Overview

  • Association fees include management
  • Oak Tree Poa
  • Oak Tree Subdivision

Amenities

  • Shops
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Lot Size: 159x180
  • Road Frontage Type: Public Road
  • Subdivision Name: Oak Tree
  • Directions: From Bentonville take 72 W for 4 Miles. Right on Oak Tree Drive into the neighborhood. Stay on Oak Tree Drive passing the clubhouse and the home is on the left.
  • 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: 2015
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Appliances: Some Gas Appliances, Double Oven, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave, Range Hood, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Starter, Living Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Granite Counters, Pantry, Split Bedrooms, See Remarks, Walk-In Closet(s), Wired for Sound
  • Living Area: 4350.0
  • Dining Room Type: Bonus Room, Library, Media Room, Office
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Lot Features: Cleared, Corner Lot, Landscaped, Level, Subdivision
  • Pool Features: Pool, Community
  • Waterfront Features: None
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, 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: Security System, Gated Community, Smoke Detector(s)
  • 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, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Gated, Playground, Park, Tennis Court(s), Curbs, Near Fire Station, Near Schools, Pool, Shopping, Sidewalks
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association Name: Oak Tree POA
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management, See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1
  • Tax Lot: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Chapman Keith D and Chapman Leslie G
Bought by
Westbrook Mark R and Westbrook Susan M
Current Estimated Value
$1,177,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2014
Closed on
Mar 18, 2016
Sold by
Cuhlman Jeffrey C and Kuhlman Lynette G
Bought by
Champman Keith D and Chapman Leslie G
Seller's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
Buyer's Agent
Meza Harris
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$674,000
Sold Price
$627,938
Premium/Discount to List
-$46,062
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$187,900
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2014
Sold by
Oak Tree Associates Llc
Bought by
Kuhlman Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
4.23%
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
Westbrook Mark R $688,000 Stewart Title Of Arkansas
Champman Keith D $627,937 First National Title Company
Kuhlman Jeffrey C $74,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westbrook Mark R $250,000
Previous Owner Champman Keith D $187,900
Previous Owner Kuhlman Jeffrey C $499,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $688,000 -3.8% $158 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $715,000 +13.9% $164 / Sq Ft
03/18/2016 03/18/16 Sold $627,938 -6.8% $144 / Sq Ft View Prior Sale
02/17/2016 02/17/16 Pending -- -- --
11/18/2014 11/18/14 For Sale $674,000 -- $155 / 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 $9,047 $187,507 $25,000 $162,507
2024 $8,724 $187,507 $25,000 $162,507
2023 $8,309 $134,660 $14,000 $120,660
2022 $8,136 $134,660 $14,000 $120,660
2021 $8,065 $134,660 $14,000 $120,660
2020 $7,222 $119,450 $14,000 $105,450
2019 $7,222 $119,450 $14,000 $105,450
2018 $7,247 $119,450 $14,000 $105,450
2017 $7,247 $119,450 $14,000 $105,450
2016 $6,984 $119,450 $14,000 $105,450
2015 $729 $11,820 $11,820 $0
2014 $729 $11,820 $11,820 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1154059

Northwest Arkansas Board of REALTORS®

APN: 06-04444-000