NOT LISTED FOR SALE

361 Ellis Ln Pea Ridge, AR 72751

Estimated Value: $468,000 - $774,000

5 Beds
5.5 Baths
3,000 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $650,000 $217 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,541/month

37 Days on Market

Highlights

  • RV Access or Parking
  • 7.44 Acre Lot
  • Cul-De-Sac
  • Two Primary Bedrooms
  • Traditional Architecture
  • Partially Fenced Property

About This Home

As of August 2022

3000 sq ft unfinished 5 bed, 5 1/2 bath home on 7.44 development property in fantastic location & only minutes to shopping and schools. The property is actually originally on 7 different lots but now on 4 different parcels. Finish the home for yourself or would make an excellent Airbnb, with the surrounding area to build other homes. Home itself is on large septic but sewer all around. Must call list agent for an appointment.

Last Agent to Sell the Property

Donna Bermingham

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00053065 Listed on: 03/08/2022

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Donna Bermingham

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00053065 Listed on: 03/08/2022

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 2020

Lot Details

  • 7.44 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom

Parking

  • Gravel Driveway
  • RV Access or Parking

Utilities

  • Septic Tank

Community Details

  • Weston Road Subdivision

Listing and Financial Details

  • Tax Lot N2, 16-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,626

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.44
  • Road Surface Type: Gravel
  • Subdivision Name: Weston Road
  • Directions: 94 to Pea Ridge, turn left at 4-way stop sign, right on Ellis to end of the road.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: None, Multiple Master Suites
  • Living Area: 3000.0
  • Dining Room Type: Master Bedroom
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cul-De-Sac, Level
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Roof: Metal

Garage/Parking

  • Parking Features: RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Sewer Available, Septic Available

Condo/Co-op/Association

  • Community Features: Near Schools

Schools

  • Junior High Dist: Pea Ridge

Lot Info

  • Additional Parcels Description: 13-00950-000,13-00951-000,13-00952-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1626.0
  • Tax Block: -
  • Tax Lot: N2, 16-22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Aug 25, 2022
Sold by
Woodard Jared D
Bought by
Ellis Lane Llc
Seller's Agent
Donna Bermingham
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Donna Bermingham
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Current Estimated Value
$640,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,095
Avg. Annual Appreciation
-0.44%
Original Mortgage
$487,500
Outstanding Balance
$364,617
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$276,288
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
Ellis Lane Llc $650,000 First National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Lane Llc $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $650,000 -7.1% $217 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $700,000 -- $233 / 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 $1,839 $45,434 $25,520 $19,914
2024 $1,729 $45,434 $25,520 $19,914
2023 $1,572 $27,630 $12,120 $15,510
2022 $1,641 $27,630 $12,120 $15,510
2021 $1,626 $27,630 $12,120 $15,510
2020 $291 $4,780 $4,780 $0
2019 $272 $4,780 $4,780 $0
2018 $252 $4,780 $4,780 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1211580

Northwest Arkansas Board of REALTORS®

APN: 13-00952-003