NOT LISTED FOR SALE

40 Cheviot Ln Bella Vista, AR 72715

Estimated Value: $607,000 - $719,000

3 Beds
3 Baths
3,503 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $470,000 $134 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,738/month

30 Days on Market

Highlights

  • Lake View
  • Deck
  • Sun or Florida Room
  • Gravette Middle School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of July 2021

Beautiful renovation on this lake view home! Light and bright and waiting for you. This kitchen is a delight whether you cook or not! Lower level has a cozy family room, bedroom, full bath, game room and workshop. Enjoy the great outdoors while relaxing in either the expansive sunroom or the extended deck. Whether you want to hang out at the lake or ride the trails, this home is less than a mile to a Loch Lomond boat ramp or the Tunnel Vision and Lago Vista bike trails. Home is on sewer. Most furniture and decor is negotiable. Curtains and Ring Doorbell do not convey. Showings may begin on Friday 5/21/21.

Last Agent to Sell the Property

Pam Berry

Crye-Leike REALTORS-Bella Vista License #SA00074406 Listed on: 05/14/2021

Crye-Leike REALTORS-Bella Vista

Last Buyer's Agent

Marcus Necessary

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00056196

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 2004

Lot Details

  • 0.54 Acre Lot
  • Landscaped

HOA Fees

  • $37 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,503 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Log Fireplace
  • Living Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Storage Room
  • Home Gym
  • Lake Views
  • Finished Basement

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 2

Community Details

Overview

  • Bella Vista Poa
  • Cheviot Sub Bvv Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,281

Year Built

Built in 2004

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.54
  • Road Frontage Type: Public Road
  • Water Body Name: Loch Lomond
  • Subdivision Name: Cheviot Sub Bvv
  • Directions: From 71 Hwy, West on Lancashire (340) to Highlands Gates. Straight thru the interstection, right on Glasgow, Right on Renfrew, Right on Cheviot Lane.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Central Vacuum, Granite Counters, Split Bedrooms, Multiple Living Areas, Storage, Sun Room
  • Living Area: 3503.0
  • Dining Room Type: Exercise Room, Library, Living Room, Office, Storage Room, Sunroom
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Landscaped, Views
  • View: Lake
  • View: Yes
  • Construction Type: Brick, Frame
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security System
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Propane, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths
  • Association Fee: 37.0
  • Association Fee Frequency: Monthly
  • Association Name: Bella Vista POA
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Gravette

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2281.0
  • Tax Block: 2
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 14, 2021
Sold by
Smith Robin R and Smith Sharalyn
Bought by
Preston A Lord And Ann M Berardi-Lord Revocab and Lord
Seller's Agent
Pam Berry
Crye-Leike REALTORS-Bella Vista
Buyer's Agent
Marcus Necessary
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$454,900
Sold Price
$470,000
Premium/Discount to List
$15,100
3.32%
Current Estimated Value
$651,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,525
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Sep 16, 2019
Closed on
Jul 2, 2020
Sold by
Borkowski George S and Borkowski Sally Ann
Bought by
Smith Robin R and Smith Sharalyn
Seller's Agent
Holli Carpenter
Lindsey & Assoc Inc Branch
Buyer's Agent
Pam Berry
Crye-Leike REALTORS-Bella Vista
List Price
$372,500
Sold Price
$309,500
Premium/Discount to List
-$63,000
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.02%
Original Mortgage
$164,500
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2004
Bought by
Borkowski Tr

Purchase Details

Closed on
May 28, 2004
Bought by
Borkowski

Purchase Details

Closed on
May 14, 2003
Bought by
Borkowski Tr

Purchase Details

Closed on
Aug 14, 1987
Bought by
Holcomb

Purchase Details

Closed on
Mar 19, 1987
Bought by
Cooper

Purchase Details

Closed on
Sep 17, 1985
Bought by
Ratcliff
Source: Public Records

Range of Values:

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Average Value
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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
Preston A Lord And Ann M Berardi-Lord Revocab $470,000 Waco Title
Smith Robin R $309,500 Waco Title Company
Borkowski Tr -- --
Borkowski Tr -- --
Borkowski -- --
Borkowski Tr $17,000 --
Holcomb $20,000 --
Cooper $8,000 --
Ratcliff $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Robin R $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2021 07/14/21 Sold $470,000 +3.3% $134 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $454,900 +47.0% $130 / Sq Ft
07/02/2020 07/02/20 Sold $309,500 -16.9% $88 / Sq Ft View Prior Sale
06/02/2020 06/02/20 Pending -- -- --
09/16/2019 09/16/19 For Sale $372,500 -- $106 / 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 $3,407 $98,776 $1,600 $97,176
2024 $3,435 $98,776 $1,600 $97,176
2023 $3,272 $66,360 $800 $65,560
2022 $3,091 $66,360 $800 $65,560
2021 $3,082 $66,360 $800 $65,560
2020 $2,191 $50,800 $600 $50,200
2019 $2,191 $50,800 $600 $50,200
2018 $2,216 $50,800 $600 $50,200
2017 $2,069 $50,800 $600 $50,200
2016 $2,069 $50,800 $600 $50,200
2015 $2,370 $49,070 $1,000 $48,070
2014 $2,020 $49,070 $1,000 $48,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1184431

Northwest Arkansas Board of REALTORS®

APN: 16-08287-000