NOT LISTED FOR SALE

3531 Oak Tree Dr Centerton, AR 72719

Estimated Value: $1,699,825 - $1,997,000

5 Beds
6 Baths
7,639 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $1,185,000 $155 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,676/month

118 Days on Market

Highlights

  • Media Room
  • 1.03 Acre Lot
  • Traditional Architecture
  • Elm Tree Elementary School Rated A
  • Living Room with Fireplace
  • Cathedral Ceiling

About This Home

As of October 2018

Custom 7,639sf home offers 5 bed/6 bath with all of the high end features buyers seek. Hand scrapped wood floors, crown molding, Thermadore appliances, wired for sound, vaulted/beamed ceilings, upgraded security, central vac. Living room with wall of windows, covered patio w/built-in grill. Kitchen comprises upgraded appliances, granite, glass tile backsplash 2 islands, butler's pantry w/back-lit cabinetry and beverage fridge & ice maker. Master suite offers private cofffee/wine bar, vaulted ceilings, sitting area, & exquisite master bath. No detail left out and many custom features! Must SEE!

Last Agent to Sell the Property

Somer Adams

Lindsey & Assoc Inc Branch License #EB00058486 Listed on: 05/30/2018

Lindsey & Assoc Inc Branch

Co-Listed By

Nicki Rogers

Lindsey & Assoc Inc Branch License #EB00057815

Last Buyer's Agent

Sheryl Carman

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #SA00053755

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,795

Year Built

  • Built in 2015

Lot Details

  • 1.03 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 7,639 Sq Ft Home
  • 3-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
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Media Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Storage Room
  • Washer and Dryer Hookup
  • Basement
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms

Home Security

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

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

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

Listing and Financial Details

  • Tax Lot 189

Community Details

Overview

  • Oak Tree Centerton Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,795

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1554A
  • Co List Office Phone: 479-636-2200
  • Subdivision Name: Oak Tree Centerton
  • Directions: From Bentonville, east on Hwy. 72 to Centerton past the Stonebriar/Talamore Sub. entrance. Right on Pinner Road and through the Oak Tree Gates, Continue on Oak Street Drive past club house to Oak Tree Estates. Home is on the left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • 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: Owner
  • Special Features: None
  • Stories: 3
  • Year Built: 2015

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Double Oven, Dishwasher, Disposal, Gas Water Heater, Hot Water Circulator, Ice Maker, Microwave, Other, Oven, Range, Refrigerator, Range Hood, Self Cleaning Oven, See Remarks, PlumbedForIce Maker
  • Has Basement: Other, See Remarks, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, See Remarks, Smart Home, Walk-In Closet(s), Wired for Sound, In-Law Floorplan, Multiple Living Areas, Mud Room, Storage
  • Living Area: 7639.0
  • Dining Room Type: Additl. Living Suite, Bonus Room, Game Room, Great Room, In-Law Suite, Library, Living Room, Media Room, Mud Room, Office, Storage Room
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Hardwood Trees, Subdivision
  • Pool Features: Community
  • Waterfront Features: None
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Covered, Other, Patio, See Remarks
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Community Features: Pool, Sidewalks

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 13795.0
  • Tax Block: .
  • Tax Lot: 189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 25, 2018
Sold by
Simmons Timothy S and Simmons Maureen Evans
Bought by
Breen Steve and Breen Lori
Seller's Agent
Somer Adams
Lindsey & Assoc Inc Branch
Buyer's Agent
Sheryl Carman
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$1,285,000
Sold Price
$1,185,000
Premium/Discount to List
-$100,000
-7.78%
Current Estimated Value
$1,810,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,942
Avg. Annual Appreciation
6.07%
Original Mortgage
$948,000
Outstanding Balance
$828,472
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$982,470

Purchase Details

Closed on
Sep 1, 2016
Sold by
Simmons Maureen Evan and Simmons Timothy Serg
Bought by
Simmons Joint Revocable T Rust and Simmons Maureen Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.46%

Purchase Details

Listed on
Nov 21, 2014
Closed on
Dec 4, 2015
Sold by
Ldm Homes Llc
Bought by
Simmons Timothy S and Simmons Maureen Evans
Seller's Agent
Jan Holland
Coldwell Banker Harris McHaney & Faucette-Bentonvi
Buyer's Agent
Trixie Arnold
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$1,299,000
Sold Price
$1,170,000
Premium/Discount to List
-$129,000
-9.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$936,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2013
Sold by
Oak Tree Associates Llc
Bought by
Ldm Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,985
Interest Rate
4.14%
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
Breen Steve $1,185,000 None Available
Simmons Joint Revocable T Rust -- --
Simmons Timothy S $1,170,000 First National Title Company
Ldm Homes Llc $63,000 Mercury Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breen Steve $948,000
Previous Owner Simmons Joint Revocable T Rust --
Previous Owner Simmons Timothy S $936,000
Previous Owner Ldm Homes Llc $793,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2018 10/26/18 Sold $1,185,000 -7.8% $155 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,285,000 +9.8% $168 / Sq Ft
12/07/2015 12/07/15 Sold $1,170,000 -9.9% $159 / Sq Ft View Prior Sale
11/07/2015 11/07/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $1,299,000 -- $177 / 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 $14,588 $284,469 $28,000 $256,469
2024 $13,508 $284,469 $28,000 $256,469
2023 $12,280 $199,031 $21,200 $177,831
2022 $11,669 $184,630 $21,200 $163,430
2021 $11,573 $184,630 $21,200 $163,430
2020 $13,794 $216,890 $22,000 $194,890
2019 $13,794 $216,890 $22,000 $194,890
2018 $13,444 $216,890 $22,000 $194,890
2017 $13,444 $216,890 $22,000 $194,890
2016 $12,967 $216,890 $22,000 $194,890
2015 $7,308 $118,440 $22,610 $95,830
2014 $1,395 $22,610 $22,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1081275

Northwest Arkansas Board of REALTORS®

APN: 06-04522-000