NOT LISTED FOR SALE

355 Welter Way Eureka Springs, AR 72631

Estimated Value: $867,000 - $1,094,000

3 Beds
4 Baths
5,430 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $385,000 $71 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $5,558/month

178 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Seasonal View
  • Eureka Springs Elementary School Rated A-
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of December 2016

Large custom designed 2 level home with 6 acres and lake views of Beaver Lake. Owner has handcrafted many areas of this unique house! Custom walnut built-ins with pine floors throughout. Wine cellar has reinforced concrete and steel door that serves as storm shelter. 17 KW generator, new HVAC in 2017, metal rood 2015, reverse osmosis water purifier, water softener, lge mechanical room with well equipment. 2 wood stoves with catalytic converts convey. Lge windows throughout for outstanding views of the Ozarks.

Last Agent to Sell the Property

Janice Smith

Lindsey & Assoc Inc Branch License #SA00046548 Listed on: 06/01/2016

Co-Listed By

Fred Johnson

Lindsey & Assoc Inc Branch License #EB00003890

Last Buyer's Agent

Sherry Bland

Montgomery Whiteley Realty - Eureka Springs License #PB00044225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1998

Lot Details

  • 6.03 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Cedar

Interior Spaces

  • 5,430 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Blinds
  • Wood Frame Window
  • Workshop
  • Wood Flooring
  • Seasonal Views
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Double Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding
  • Storm Cellar or Shelter

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Well
  • Electric Water Heater
  • Satellite Dish

Community Details

  • Point Mirage Subdivision

Listing and Financial Details

  • Tax Lot 2-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 6.03
  • Road Frontage Type: County Road
  • Co List Office Mls Id: 1554A
  • Co List Office Phone: 479-636-2200
  • Subdivision Name: Point Mirage
  • Directions: From Eureka Springs Hwy 62 W to Hwy 187 to Mundell Road / left on Cobblestone Road / left on Welter Way / property on right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Propane Appliances, Counter Top, Double Oven, Dishwasher, Electric Water Heater, Refrigerator, Range Hood
  • Other Equipment: Satellite Dish
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Wood Burning, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Split Bedrooms, See Remarks, Walk-In Closet(s), Wood Burning Stove, Workshop
  • Living Area: 5430.0
  • Window Features: Double Pane Windows, Wood Frames, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Landscaped, Level, Subdivision, Views, Wooded
  • View: Seasonal View
  • View: Yes
  • Construction Type: Cedar, Rock
  • Foundation Details: Other, See Remarks
  • Other Structures: Outbuilding, Storage
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane, Wood Stove
  • Heating Yn: Yes
  • Utilities: Propane, Water Available
  • Water Source: Well

Schools

  • Junior High Dist: Eureka Springs

Lot Info

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

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Block: .
  • Tax Lot: 2-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Dec 27, 2016
Sold by
Arvest Bank
Bought by
Reed Brenda Lynn
Seller's Agent
Janice Smith
Lindsey & Assoc Inc Branch
Buyer's Agent
Sherry Bland
Montgomery Whiteley Realty - Eureka Springs
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Current Estimated Value
$968,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,533
Avg. Annual Appreciation
11.00%
Original Mortgage
$285,000
Outstanding Balance
$233,650
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$734,883
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
Reed Brenda Lynn $385,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Brenda Lynn $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $385,000 -14.4% $71 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $450,000 -- $83 / 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 $5,737 $127,580 $31,500 $96,080
2023 $5,712 $127,580 $31,500 $96,080
2022 $6,175 $126,300 $31,500 $94,800
2021 $4,618 $95,950 $16,000 $79,950
2020 $4,618 $95,950 $16,000 $79,950
2019 $4,636 $95,950 $16,000 $79,950
2018 $4,636 $95,950 $16,000 $79,950
2017 $4,636 $95,950 $16,000 $79,950
2016 $3,985 $37,620 $7,500 $30,120
2014 -- $37,620 $7,500 $30,120
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janice Smith

    Lindsey & Assoc Inc Branch

  • Fred Johnson

    Seller Co-Listing Agent in 2016

    Fred Johnson

    Lindsey & Assoc Inc Branch

    (479) 287-9554

    132 Total Sales

    Fred Johnson
    Section Image

  • S

    Buyer's Agent in 2016

    Sherry Bland

    Montgomery Whiteley Realty - Eureka Springs

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1017987

Northwest Arkansas Board of REALTORS®

APN: 423-00011-000

Arkansas Carroll County Eureka Springs 72631

355 Welter Way, Eureka Springs, AR

This home is located at 355 Welter Way, Eureka Springs, AR 72631 since 01 June 2016 and is currently estimated at $968,533, approximately $178 per square foot. This property was built in 1998. 355 Welter Way is a home located in Carroll County with nearby schools including Eureka Springs Elementary School, Eureka Springs Middle School, and Eureka Springs High 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.

Northwest Arkansas 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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