NOT LISTED FOR SALE

391 Edgewater Dr Eureka Springs, AR 72631

Estimated Value: $594,000 - $848,000

2 Beds
2.5 Baths
1,428 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $302,500 $212 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,159/month

152 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Wooded Lot
  • Eureka Springs Elementary School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of February 2015

This well maintained real log home was built in 2005 and has over 900 feet of lake frontage. The 6.85 acre site is unusual because it is private but still has a great view of the water and a low Corp line. This home also includes a nearby community dock,slip, a private gated and paved drive, large windows, a very large kitchen, over 1400 square feet of wrap around deck space, wood/carpet/tile floors, high ceilings, gas log fireplace, beautiful bluffs and boulders, and more! Additional 27 acres available!

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 08/28/2014

Last Buyer's Agent

Glenn Crenshaw

All Seasons MW Realty License #EB00054968

All Seasons MW Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 2005

Lot Details

  • 6.85 Acre Lot
  • Lake Front
  • Dirt Road
  • Wooded Lot

Home Design

  • House
  • Log Cabin
  • Block Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Lake Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Outside City Limits

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Private Sewer
  • Phone Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 10 and 11

Community Details

Overview

  • Timber Lake Estates Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,857

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Cabin
  • Prop. Type: Residential
  • Lot Size Acres: 6.85
  • Lot Size: Irregular
  • Road Frontage Type: Shared
  • Road Surface Type: Dirt, Gravel, Paved
  • Subdivision Name: Timber Lake Estates
  • Directions: From Eureka Springs: Take 62 west to left onto 187 at Exxon. 187 to left onto Mundell Rd. Mundell Rd to left into Lake Forest sub. Follow to "Y" and stay right. Take left down hill on Lakeside Rd. Right onto Edgewater. Follow Edgewater to red gate on left
  • Architectural Style: Cabin/Cottage, Hill Country, Log Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2005
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Cabin,Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Counter Top, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s)
  • Living Area: 1428.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Outside City Limits, Views, Wooded
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Other, See Remarks
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Cooling: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Electricity Available, Propane, Phone Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Boat Slip

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2857.0
  • Tax Block: NA
  • Tax Lot: 10 and 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2017
Sold by
Hamburger Christopher M and Hamburger Julie M
Bought by
Hamburger Christopher M and Hamburger Julie M
Current Estimated Value
$729,821

Purchase Details

Listed on
Aug 28, 2014
Closed on
Feb 27, 2015
Sold by
Lucero Janet and Lucero Robert
Bought by
Hamburger Christopher M and Hamburger Julie
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Glenn Crenshaw
All Seasons MW Realty
List Price
$375,000
Sold Price
$302,500
Premium/Discount to List
-$72,500
-19.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%
Original Mortgage
$226,875
Outstanding Balance
$168,422
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$561,399

Purchase Details

Closed on
Apr 9, 2004
Sold by
Cohen
Bought by
Lucero

Purchase Details

Closed on
Nov 16, 1995
Sold by
Not Provided
Bought by
Declaration Of Trust

Purchase Details

Closed on
Dec 12, 1989
Bought by
Snyder To Fobes Trst

Purchase Details

Closed on
May 20, 1986
Bought by
Two Lots Fr Byers
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
Hamburger Christopher M -- None Available
Hamburger Christopher M $302,500 None Available
Lucero $96,000 --
Declaration Of Trust -- --
Cohen $31,000 --
Snyder To Fobes Trst $20,000 --
Two Lots Fr Byers $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamburger Christopher M $226,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $302,500 -19.3% $212 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $375,000 -- $263 / 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 $3,840 $89,410 $23,500 $65,910
2023 $3,452 $89,410 $23,500 $65,910
2022 $3,265 $89,410 $23,500 $65,910
2021 $2,879 $59,810 $23,500 $36,310
2020 $2,879 $59,810 $23,500 $36,310
2019 $2,897 $59,810 $23,500 $36,310
2018 $2,897 $59,810 $23,500 $36,310
2017 $2,897 $59,810 $23,500 $36,310
2016 $2,857 $59,350 $21,500 $37,850
2014 -- $59,350 $21,500 $37,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 715507

Northwest Arkansas Board of REALTORS®

APN: 460-00010-000