NOT LISTED FOR SALE

3551 Oak Tree Dr Centerton, AR 72719

Estimated Value: $1,497,183 - $1,587,000

6 Beds
4.5 Baths
5,380 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $931,500 $173 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,116/month

441 Days on Market

Highlights

  • Media Room
  • Built in 2016 | Newly Remodeled
  • European Architecture
  • Elm Tree Elementary School Rated A
  • 1.93 Acre Lot
  • Wood Flooring

About This Home

As of June 2017

LIVE YOUR DREAM in this custom designed award winning home. Open Living & Kitchen with granite center island is a gathering place for family or entertaining friends. Upper end finishes: distressed wood beams, European oak flooring, light fixtures, custom designed cabinets, Kitchen Aid appliance package. Luxurious Master Suite, walk-in shower, two walk-in closets; Guest bedroom/bath down. Upstairs Bonus w/Theatre package, 120 inch screen, wet bar. Three bedrooms, 2 baths and a 2nd Bonus Room.

Last Agent to Sell the Property

Sherry Hardie

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00034264 Listed on: 02/26/2016

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Lori Odell

Better Homes and Gardens Real Estate Journey Bento License #EB00050170

Better Homes and Gardens Real Estate Journey Bento

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1.93 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot

HOA Fees

  • $73 Monthly HOA Fees

Home Design

  • European Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 5,380 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Media Room
  • Bonus Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Convection Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Home Security

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • Association fees include security
  • Oak Tree Subdivision

Listing and Financial Details

  • Tax Lot 187

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.93
  • Road Frontage Type: Public Road
  • Subdivision Name: Oak Tree
  • Directions: From Bentonville, take HWY 72 West for .4 miles, Turn Right on Oak Tree dr. into Subdivision.
  • Architectural Style: European
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2016
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Appliances: Convection Oven, Counter Top, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Central Vacuum, Granite Counters, Other, Pantry, Smart Home, Walk-In Closet(s), Wired for Sound
  • Living Area: 5380.0
  • Dining Room Type: Bonus Room, Media Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Landscaped, Level, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick
  • 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, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 875.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Security

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 1395.0
  • Tax Block: 0
  • Tax Lot: 187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Jun 9, 2017
Sold by
Rsj Property Management Llc
Bought by
Radhakrishnan Sanjay and Nambiar Bindu
Seller's Agent
Sherry Hardie
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Lori Odell
Better Homes and Gardens Real Estate Journey Bento
List Price
$935,000
Sold Price
$931,500
Premium/Discount to List
-$3,500
-0.37%
Current Estimated Value
$1,548,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,561
Avg. Annual Appreciation
6.14%
Original Mortgage
$720,000
Outstanding Balance
$583,543
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$964,518

Purchase Details

Closed on
Feb 11, 2015
Sold by
Oak Tree Associates Llc
Bought by
Rsj Property Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Radhakrishnan Sanjay $900,000 Mercury Title Llc
Rsj Property Management Llc $238,000 First National Title Company
Rsj Property Management Llc $238,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radhakrishnan Sanjay $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2017 06/12/17 Sold $931,500 -0.4% $173 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
02/26/2016 02/26/16 For Sale $935,000 -- $174 / 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 $10,893 $241,730 $28,000 $213,730
2024 $10,503 $241,730 $28,000 $213,730
2023 $10,003 $162,120 $21,200 $140,920
2022 $9,871 $162,120 $21,200 $140,920
2021 $9,787 $162,120 $21,200 $140,920
2020 $11,477 $186,350 $22,000 $164,350
2019 $11,477 $186,350 $22,000 $164,350
2018 $11,502 $186,350 $22,000 $164,350
2017 $1,351 $186,350 $22,000 $164,350
2016 $1,351 $22,000 $22,000 $0
2015 $1,395 $22,610 $22,610 $0
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: 1009086

Northwest Arkansas Board of REALTORS®

APN: 06-04520-000