NOT LISTED FOR SALE

Estimated Value: $949,323 - $1,157,000

4 Beds
4 Baths
4,482 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $954,000 $213 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,083/month

81 Days on Market

Highlights

  • New Construction
  • Multiple Fireplaces
  • Wood Flooring
  • Chenal Elementary School Rated A-
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2023

Just completed new construction in the Falstone Court neighborhood of Chenal Valley. Fabulous new home in a beautiful cul de sac with a view of Pinnacle Mountain from the front porch and a wooded greenbelt off the back porch. The bright kitchen features quartz countertops and built in appliances. Outstanding Primary Suite; Study (built-ins) and Guest Bedroom on the Main Level. Also on the Main Level: Great Room, Formal Dining and Breakfast Room; Two additional bedrooms with a Bonus Room up. Enjoy fireplaces in the Great Room (gas log) and on the back porch (wood burning). Three car garage; abundant walk in storage and so much more. Close to dining, shopping, schools and entertainment.

Last Agent to Sell the Property

Michelle Sanders

Chenal Properties, Inc. Listed on: 01/02/2023

Last Buyer's Agent

Michelle Sanders

Chenal Properties, Inc. Listed on: 01/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.31 Acre Lot
  • Sloped Lot
  • Sprinkler System

HOA Fees

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Brick Frame
  • Architectural Shingle Roof

Interior Spaces

  • 4,482 Sq Ft Home
  • 1.5-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Attic Floors

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Stove
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Builder Warranty

Community Details

Overview

  • Other Mandatory Fees

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,254

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants, Min Rights Do Not Convey
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Lawn Sprinkler
  • Inside City Limits: Yes
  • LVT Date: 01/02/2023
  • New Construction: Yes
  • Road Surface: Paved
  • Street Designation: Court
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: 1Yr Warr Offrd By Builder
  • Estimated Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Dining Room: Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present, Two
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 4482
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 4
  • Interiors: Washer Connection, Dryer Connection-Electric, Smoke Detector(s), Security System, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Wall Oven, Convection Oven
  • Other Rooms: Great Room, Office/Study, Laundry
  • Stories: 1.5 Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Playground, Mandatory Fee
  • Additional Association Condo Fee: 205
  • Additional Fee Frequency: Annual
  • Condo Association Fee: 400
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 85x153.68x86.32x168.70
  • Lot: Sloped, In Subdivision
  • Geo Subdivision: AR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Mar 24, 2023
Sold by
J & T Custom Homes Llc
Bought by
Shashi Kumar Kempegowda and Reddy Swathi Muni
Seller's Agent
Michelle Sanders
Chenal Properties, Inc.
Buyer's Agent
Michelle Sanders
Chenal Properties, Inc.
List Price
$959,000
Sold Price
$954,000
Premium/Discount to List
-$5,000
-0.52%
Views
126
Current Estimated Value
$1,021,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,331
Avg. Annual Appreciation
2.66%
Original Mortgage
$954,000
Outstanding Balance
$919,787
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$101,544
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
Shashi Kumar Kempegowda $954,000 American Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shashi Kumar Kempegowda $954,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/24/2023 03/24/23 Sold $954,000 -0.5% $213 / Sq Ft
01/02/2023 01/02/23 For Sale $959,000 -- $214 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $8,254 $128,360 $23,200 $105,160
2024 $8,254 $128,360 $23,200 $105,160
2023 $8,254 $128,360 $23,200 $105,160
2022 $1,492 $23,200 $23,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23000022

Cooperative Arkansas REALTORS® MLS

APN: 53L-025-05-108-00