NOT LISTED FOR SALE

3131 Oak Tree Dr Centerton, AR 72719

Estimated Value: $966,188 - $1,115,000

4 Beds
4 Baths
4,135 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $590,000 $143 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,350/month

167 Days on Market

Highlights

  • Fitness Center
  • Home Theater
  • Gated Community
  • Elm Tree Elementary School Rated A
  • Outdoor Pool
  • 0.52 Acre Lot

About This Home

As of November 2017

Simply Stunning! Executive Home in Oak Tree built by Tall Oak Construction. Best-selling floor plan with all bedrooms on the main level and huge media/bonus room up! Cathedral ceilings w/wood beams in great room, huge open kitchen w/ granite bar, top of the line appliances. 4BRS, 4BA, Formal Dining and Office. Hand scraped hard wood floors, wired for sound, security system. Amazing outdoor living space under covered back patio wired for cable and surround sound. Built-in Grill and Fireplace complete the backyard oasis! This is a dream home! Hurry before it is gone!

Last Agent to Sell the Property

Jan Holland

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #SA00056752 Listed on: 05/02/2017

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Last Buyer's Agent

Whitney Duncan

Portfolio Sotheby's International Realty License #SA00072840

Portfolio Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,404

Year Built

  • Built in 2013

Lot Details

  • 0.52 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $92 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,135 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Washer and Dryer Hookup
  • Property Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Smart Home
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 113

Community Details

Overview

  • Oak Tree Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,404

Year Built

Built in 2013

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Road Frontage Type: Public Road
  • Subdivision Name: Oak Tree
  • Directions: HWY 72 WEST FOR 4 MILES, RIGHT INTO OAK TREE SUB. HOUSE ON LEFT
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2013
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Counter Top, Double Oven, Dishwasher, Gas Water Heater, Microwave, Range Hood, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • 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, Programmable Thermostat, Split Bedrooms, See Remarks, Smart Home, Walk-In Closet(s), Wired for Sound, Mud Room
  • Living Area: 4135.0
  • Dining Room Type: Bonus Room, Library, Media Room, Mud Room, Office
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Cleared, City Lot, Hardwood Trees, Landscaped, Level, Subdivision, Views
  • Pool Features: Pool, Community
  • View: Yes
  • Waterfront Features: None
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • 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, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Gated, Playground, Recreation Area, Tennis Court(s), Curbs, Near Schools, Pool
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 4404.0
  • Tax Block: -
  • Tax Lot: 113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Nov 20, 2017
Sold by
Austin M Chapman
Bought by
Knapp John and Knapp Mary
Seller's Agent
Jan Holland
Coldwell Banker Harris McHaney & Faucette-Bentonvi
Buyer's Agent
Whitney Duncan
Portfolio Sotheby's International Realty
List Price
$615,000
Sold Price
$590,000
Premium/Discount to List
-$25,000
-4.07%
Total Days on Market
167
Current Estimated Value
$1,065,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,297
Avg. Annual Appreciation
8.21%
Original Mortgage
$472,000
Outstanding Balance
$403,920
Interest Rate
3.95%
Estimated Equity
$665,823

Purchase Details

Closed on
Jul 5, 2012
Sold by
Oak Tree Associates Llc
Bought by
Tall Oaks Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.44%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Knapp John $590,000 --
Tall Oaks Construction Llc $70,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp John F $57,000
Open Knapp John $472,000
Closed Knapp John --
Closed Knapp John F $472,000
Previous Owner Tall Oaks Construction Llc $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $590,000 -4.1% $143 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $615,000 +9.4% $149 / Sq Ft
07/08/2014 07/08/14 Sold $562,167 -7.5% $136 / Sq Ft
06/08/2014 06/08/14 Pending -- -- --
07/01/2013 07/01/13 For Sale $607,900 -- $147 / 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 $7,247 $155,722 $25,000 $130,722
2023 $6,902 $111,860 $14,000 $97,860
2022 $6,428 $111,860 $14,000 $97,860
2021 $6,065 $111,860 $14,000 $97,860
2020 $5,849 $97,860 $14,000 $83,860
2019 $5,849 $97,860 $14,000 $83,860
2018 $5,874 $97,860 $14,000 $83,860
2017 $4,054 $97,860 $14,000 $83,860
2016 $4,054 $97,860 $14,000 $83,860
2015 $4,215 $68,310 $11,820 $56,490
2014 $3,865 $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: 1046680

Northwest Arkansas Board of REALTORS®

APN: 06-04446-000