NOT LISTED FOR SALE

3383 Patterson Rd Pea Ridge, AR 72751

Estimated Value: $320,000 - $487,190

3 Beds
2.5 Baths
1,344 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $72,000 $54 Per Sq Ft

Est. 474% increase in value since last sale

Current estimated payment $2,470/month

129 Days on Market

Highlights

  • 2.97 Acre Lot
  • Wood Burning Stove
  • 2 Car Attached Garage
  • Deck
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of April 2015

Country setting on 2.97 acres. 3 bedrooms, 2.5 bath w/ basement. Basement has great potential! Seller Preferred Lender: All prospective buyers are encouraged to pre-qualify through Ditech prior to submitting an offer. Please call 1-800-621-0894.,Ditech provides prospective buyers with a free financial analysis, competitive rates, terms, low money down programs, guaranteed on-time closings, and may offer closing cost assistance. Get pre-approved today!"

Last Agent to Sell the Property

Kara Bui

Strunk Properties, LLC License #SA00062403 Listed on: 11/06/2014

Last Buyer's Agent

Kara Bui

Strunk Properties, LLC License #SA00062403 Listed on: 11/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 2000

Lot Details

  • 2.97 Acre Lot
  • Property fronts a private road
  • Partially Fenced Property

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Vinyl Clad Windows
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • Otter Creek Subdivision

Listing and Financial Details

  • Tax Lot 27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.97
  • Lot Size: Irreg.
  • Road Frontage Type: Private Road, Public Road
  • Subdivision Name: Otter Creek
  • Directions: From Hwy 72, turn North on Curtis Ave, turn East on Pickens Rd, turn North onto Patterson Rd. Driveway is across from Webb Rd.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Living Area: 1344.0
  • Window Features: Double Pane Windows, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Other, Partial, See Remarks
  • Lot Features: Not In Subdivision
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Pea Ridge

Lot Info

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

Tax Info

  • Tax Annual Amount: 1294.0
  • Tax Block: 0
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
Apr 17, 2015
Sold by
Bank Of New York Mellon
Bought by
Litchfield Joshua
Seller's Agent
Kara Bui
Strunk Properties, LLC
Buyer's Agent
Kara Bui
Strunk Properties, LLC
List Price
$84,800
Sold Price
$72,000
Premium/Discount to List
-$12,800
-15.09%
Current Estimated Value
$413,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,298
Avg. Annual Appreciation
18.05%
Original Mortgage
$79,483
Outstanding Balance
$61,365
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$351,933

Purchase Details

Listed on
Nov 6, 2014
Closed on
Apr 15, 2015
Bought by
Litchfield Joshua
Seller's Agent
Kara Bui
Strunk Properties, LLC
Buyer's Agent
Kara Bui
Strunk Properties, LLC
List Price
$84,800
Sold Price
$72,000
Premium/Discount to List
-$12,800
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,483
Outstanding Balance
$61,365
Interest Rate
3.82%
Mortgage Type
FHA
Estimated Equity
$351,933

Purchase Details

Closed on
Oct 8, 2014
Sold by
Norman Sherri and Norman Adam
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 21, 2004
Sold by
Household Mortgage Funding Corp Iii
Bought by
Household Financial Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2004
Sold by
Household Financial Services Inc
Bought by
Norman Adam and Norman Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,550
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 29, 2004
Bought by
Household Mtg

Purchase Details

Closed on
Jan 14, 1999
Bought by
Lewis

Purchase Details

Closed on
Oct 1, 1997
Bought by
Sona Investors

Purchase Details

Closed on
Oct 9, 1996
Bought by
Sona Investors

Purchase Details

Closed on
Jun 5, 1992
Bought by
Thompson

Purchase Details

Closed on
May 28, 1992
Bought by
Sona

Purchase Details

Closed on
Jul 7, 1989
Bought by
White
Source: Public Records

Range of Values:

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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
Litchfield Joshua $72,000 --
Litchfield Joshua $72,000 --
The Bank Of New York Mellon $135,285 None Available
Household Financial Services Inc -- None Available
Norman Adam $129,000 None Available
Household Mtg -- --
Household Mtg -- --
Lewis $14,000 --
Sona Investors -- --
Sona Investors -- --
Thompson $16,000 --
Sona -- --
White $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Litchfield Joshua $79,483
Previous Owner Household Financial Services Inc $122,550
Previous Owner Norman Adam $122,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2015 04/15/15 Sold $72,000 -15.1% $54 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $84,800 -- $63 / 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 $3,418 $86,334 $29,700 $56,634
2024 $3,133 $86,334 $29,700 $56,634
2023 $2,848 $54,882 $11,286 $43,596
2022 $1,486 $32,840 $11,290 $21,550
2021 $1,359 $32,840 $11,290 $21,550
2020 $1,270 $22,760 $4,460 $18,300
2019 $1,270 $22,760 $4,460 $18,300
2018 $1,270 $22,760 $4,460 $18,300
2017 $1,181 $22,760 $4,460 $18,300
2016 $1,181 $22,760 $4,460 $18,300
2015 $1,299 $25,030 $5,170 $19,860
2014 $1,299 $25,030 $5,170 $19,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 720483

Northwest Arkansas Board of REALTORS®

APN: 15-10891-000