NOT LISTED FOR SALE

351 Bay Ridge Rd Lakeview, AR 72642

Estimated Value: $870,000 - $957,315

3 Beds
4 Baths
4,259 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $956,000 $224 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,244/month

26 Days on Market

Highlights

  • Private Dock
  • Lake View
  • Vaulted Ceiling
  • Pinkston Middle School Rated A-
  • Open Floorplan
  • Lake House

About This Home

As of July 2024

This Frank Lloyd Wright inspired lake home nestled on 2 lots near Bull Shoals Lake combines thoughtful restoration and mid-century modern details. Remarkable entryway features a dbl sided stone fireplace which draws you into the open concept living area. Exposed beams and floor to ceiling windows frame views of the patio, lake and boat dock. The primary suite is a relaxing sanctuary with skylights, elegant fixtures, cabinetry, sitting area, and screened covered balcony. En-suite bathroom features custom tiled shower. Main floor laundry rm with laundry chute. Guest bedroom & bathroom offer stylish comfort, with access to a screened balcony. Upstairs bedroom has a lounge area w/wet bar plus 2 bonus sleeping lofts, currently used as exercise rm/office. Kitchen has lg island, dining area connects outdoor and indoor entertaining. Downstairs has extra storage, full bathroom, and flex rm. Covered parking, RV pad, and 2 boat slips are just a few of the amenities of this beautiful home.

Last Agent to Sell the Property

Mindy Fulcher

ERA DOTY REAL ESTATE MOUNTAIN HOME Listed on: 05/09/2024

ERA DOTY REAL ESTATE MOUNTAIN HOME

Last Buyer's Agent

Morgan Sharp

RE/MAX TWIN LAKES

RE/MAX TWIN LAKES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1965

Lot Details

  • Adjoins Government Land

Home Design

  • Lake House
  • Slab Foundation
  • Poured Concrete
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,259 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Entrance Foyer
  • Home Office
  • Loft
  • Workshop
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Private Dock
  • Screened Deck
  • Covered Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • Edgewood Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002-04167-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,813

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Lake Home, Residential Home
  • Stories: 1 1/2 Story
  • Estimated GLA: 4259
  • Total Heated Sq Ft: 4259
  • Total Heated Sqft Range: 4001-5000
  • Agent Only_ L A1 User Code: 131093189
  • Property Type: RESIDENTIAL
  • Miles to City: < 1 Mile
  • Year Built: 1965
  • Year Built Range: 1969-Older
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Electric Surface Unit, Convection Oven, Microwave, Washer, Dryer, Washer/Dryer Hookups, Water Softener Owned
  • Fireplace: One, Masonry, Wood Burning
  • Interior Amenities: Ceiling Fan(s), Open Floor Plan, Smoke Detectors, Tile Floors, Vaulted Ceiling(s), Wet Bar, Wood Floors, Walk In Closet
  • Windows: Double Pane, Skylights, Wood
  • Windows Treatments: Blinds, Curtains
  • Number Of Bedrooms: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Basement Foundation: Block, Partial Basement, Poured Concrete, Partial Finished, Slab, Walk Out
  • Estimated Basement Sq Ft: 500
  • Basement: 1/4
  • Additional Rooms: Foyer, Loft, Office, Storage, Workshop

Exterior Features

  • Exterior: Stone, Wood Siding
  • View: Lake
  • Exterior Amenities: Gutters, RV Parking, Boat Dock/Slip
  • Porch Patio Deck: Deck Covered, Patio Open, Porch Open, Deck Screened
  • Lake Name: Bull Shoals Lake

Garage/Parking

  • Garage Type: Attached Carport
  • Garage Capacity: 2

Utilities

  • Water Heater: Electric
  • Utility Companies: Lakeview/Midway Water, NAEC
  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer Septic: Septic
  • Water Supply: Association
  • Termite Contract: Yes

Lot Info

  • Lot Dimensions: See Plat
  • Assessor Parcel Number: 002-04167-000
  • Flood Plain: No
  • Lot Description: Borders Government Strip, Irregular, View
  • Zoning Restrictions: Subdivision Restrictions

Tax Info

  • Taxes: 3812.83
  • Tax Year: 2023

MLS Schools

  • School: Mountain Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 29, 2024
Sold by
Frank Aaron L and Frank Deborah S
Bought by
Kevin L Kormeier And Tamara L Kormeier Family and Kotmeier
Seller's Agent
Mindy Fulcher
ERA DOTY REAL ESTATE MOUNTAIN HOME
Buyer's Agent
Morgan Sharp
RE/MAX TWIN LAKES
List Price
$867,530
Sold Price
$956,000
Premium/Discount to List
$88,470
10.2%
Views
5
Current Estimated Value
$924,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,562
Avg. Annual Appreciation
-2.93%
Original Mortgage
$650,000
Outstanding Balance
$525,522
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$398,916

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 17, 2020
Sold by
Foos Robert C and Foos Laurie C
Bought by
Frank Aaron L
Seller's Agent
Gary Stubenfoll
BEAMAN REALTY
Buyer's Agent
Mike Goar
BEAMAN REALTY
List Price
$439,900
Sold Price
$400,000
Premium/Discount to List
-$39,900
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.07%
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2004
Sold by
Not Provided
Bought by
Foos Robert C and Foos Laurie C
Source: Public Records

Range of Values:

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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
Kevin L Kormeier And Tamara L Kormeier Family $956,000 None Listed On Document
Frank Aaron L $400,000 Alley Abstract Company
Foos Robert C $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin L Kormeier And Tamara L Kormeier Family $650,000
Previous Owner Frank Aaron L $359,200
Previous Owner Frank Aaron L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $956,000 +10.2% $224 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $867,530 0.0% $204 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $867,530 +116.9% $204 / Sq Ft
07/17/2020 07/17/20 Sold $400,000 -9.1% $91 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $439,900 -- $100 / Sq Ft
Source: Mountain Home MLS (North Central 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 $3,813 $87,330 $8,500 $78,830
2023 $3,813 $87,330 $8,500 $78,830
2022 $3,595 $87,330 $8,500 $78,830
2021 $3,268 $74,860 $8,500 $66,360
2020 $2,397 $74,860 $8,500 $66,360
2019 $2,241 $70,860 $4,500 $66,360
2018 $2,300 $70,860 $4,500 $66,360
2017 $2,147 $70,860 $4,500 $66,360
2016 $2,129 $59,500 $4,500 $55,000
2015 $2,125 $59,500 $4,500 $55,000
2014 $2,129 $59,500 $4,500 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Mindy Fulcher

    Seller's Agent in 2024

    Mindy Fulcher

    ERA DOTY REAL ESTATE MOUNTAIN HOME

    (870) 761-2121

    64 Total Sales

    Mindy Fulcher
    Section Image
  • Morgan Sharp

    Buyer's Agent in 2024

    Morgan Sharp

    RE/MAX

    (870) 404-3121

    144 Total Sales

    Morgan Sharp
    Section Image
  • Gary Stubenfoll

    Seller's Agent in 2020

    Gary Stubenfoll

    BEAMAN REALTY

    (870) 404-5880

    247 Total Sales

    Gary Stubenfoll
    Section Image
  • Mike Goar

    Buyer's Agent in 2020

    Mike Goar

    BEAMAN REALTY

    (870) 404-5881

    100 Total Sales

    Mike Goar
    Section Image
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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 128774

Mountain Home MLS (North Central Board of REALTORS®)

APN: 002-04167-000

Arkansas Baxter County Lakeview 72642

351 Bay Ridge Rd, Lakeview, AR

This home is located at 351 Bay Ridge Rd, Lakeview, AR 72642 since 09 May 2024 and is currently estimated at $924,438, approximately $217 per square foot. This property was built in 1965. 351 Bay Ridge Rd is a home located in Baxter County with nearby schools including Mountain Home Kindergarten, Hackler Intermediate School, and Nelson Wilks Herron Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mountain Home MLS (North Central Board of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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