NOT LISTED FOR SALE

3969 Mundell Rd Eureka Springs, AR 72631

Estimated Value: $767,000 - $937,000

4 Beds
3.5 Baths
3,900 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $750,000 $192 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,767/month

155 Days on Market

Highlights

  • Lake Front
  • Deck
  • Property is near a park
  • Eureka Springs Elementary School Rated A-
  • Wood Burning Stove
  • Wooded Lot

About This Home

As of February 2023

This amazing lake front home has no neighbors within view and the closest road access to Starkey Marina! 5+ acres with no restrictions (except for no mobile homes or RV use), allow you to do whatever you want with the property including commercial use! 317’ of lake frontage located in an awesome cove nicknamed “Eagle Cove” because of the year round bald eagles and their nest! The impressively huge view strikes you immediately when you walk through the front door, and allows you to watch boats all day and 4th of July fireworks over the lake! This very spacious home has a warm feel to it and the five decks and patios allow you to soak up all of the nature you want. Custom woodwork and tile throughout the home and radiant in-floor heat in the lower level. Low-E windows and overly insulated walls/ceiling combine for very low utility bills. New HVAC, boiler system, and roof within the last 3 years. The large shop is located a short walk from the house and has a huge number of possibilities for your hobbies or business!

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 09/14/2022

Last Buyer's Agent

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 09/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1989

Lot Details

  • 5.13 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Fenced Front Yard
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Living Room
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Lake Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Propane Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Location

  • Property is near a park
  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,062

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.13
  • Road Frontage Type: County Road, Shared
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: N/A
  • Directions: Take 62 west to left onto 187 at RiverLake gas station. 187 to left onto Mundell Road. Continue on Mundell Road all the way to Starkey Park. Take a left onto this homes driveway immediately before the Starkey Park guard house.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1989
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Propane Range, Refrigerator, Range Hood, Trash Compactor
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, None, Skylights, Tile Counters, Wood Burning Stove, Multiple Living Areas, Storage
  • Living Area: 3900.0
  • Dining Room Type: Bonus Room, Living Room, Storage Room
  • Window Features: Blinds, Drapes, Skylight(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Front Yard
  • Lot Features: Hardwood Trees, Not In Subdivision, Near Park, Outside City Limits, Rolling Slope, Sloped, Views, Wooded
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Rock, Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Balcony, Deck, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Garage, Other, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Near Fire Station, Park

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3062.0
  • Tax Block: N/A
  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Feb 17, 2023
Sold by
Powell Doug and Powell Mary Carole
Bought by
Perry Matthew S and Lastimosa Jennifer E
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Adam Biossat
Bay Realty, Inc.
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Views
238
Current Estimated Value
$832,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,368
Avg. Annual Appreciation
3.95%
Original Mortgage
$320,000
Outstanding Balance
$281,908
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$550,460

Purchase Details

Closed on
Mar 29, 1999
Sold by
Enfants Des
Bought by
Powell

Purchase Details

Closed on
Nov 22, 1983
Bought by
Fr Hank Shank
Source: Public Records

Range of Values:

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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
Perry Matthew S $750,000 --
Powell $257,000 --
Fr Hank Shank $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Matthew S $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $750,000 -6.1% $192 / Sq Ft
10/29/2022 10/29/22 Price Changed $799,000 -3.2% $205 / Sq Ft
10/13/2022 10/13/22 Price Changed $825,000 -2.8% $212 / Sq Ft
09/14/2022 09/14/22 For Sale $849,000 -- $218 / 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 $4,822 $98,160 $8,090 $90,070
2023 $2,635 $98,160 $8,090 $90,070
2022 $2,786 $98,160 $8,090 $90,070
2021 $2,653 $65,010 $8,100 $56,910
2020 $2,653 $65,010 $8,100 $56,910
2019 $2,547 $65,010 $8,100 $56,910
2018 $2,448 $65,010 $8,100 $56,910
2017 $2,324 $65,010 $8,100 $56,910
2016 $2,138 $51,680 $4,100 $47,580
2015 $2,139 $51,680 $4,100 $47,580
2014 -- $51,680 $4,100 $47,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1229118

Northwest Arkansas Board of REALTORS®

APN: 001-08994-001