NOT LISTED FOR SALE

400 Sherman Ave Cave Springs, AR 72718

Estimated Value: $554,000 - $849,000

1.2 Acres
$608,488 Price per Acre
52,272 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $195,000

Est. 274% increase in value since last sale

Current estimated payment $4,475/month

477 Days on Market

Highlights

  • 1.2 Acre Lot
  • Evening Star Elementary School Rated A
  • Level Lot

About This Lot

As of February 2021

Rare opportunity located in Nevaeh Estates. Beautiful 1.20 acre building lot perfect for that custom home. Spectacular trees and views. Unbelievable 4,200 SF building with impressive finishes designed for kitchenette and entertaining. Quality construction features garage space w/doors offering workshop area plus storage space. Septic and minimal completion needed. Covenants require 2,400 SF minimum for residence. Bentonville School District. Convenient location with easy access to I-49 & Hwy 112.

Last Agent to Sell the Property

Kelley Shearin

Portfolio Sotheby's International Realty License #EB00043706 Listed on: 09/23/2019

Portfolio Sotheby's International Realty

Last Buyer's Agent

Adam Steenken

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00076945

Coldwell Banker Harris McHaney & Faucette -Fayette

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,703

Lot Details

  • 1.2 Acre Lot
  • Level Lot
  • Cleared Lot

Additional Features

  • City Lot
  • Septic Needed

Community Details

  • Nevaeh Estates Subdivision

Listing and Financial Details

  • Tax Lot 8R

Property Details

Property Type

Land

Est. Annual Taxes

$1,703

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.2
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Nevaeh Estates
  • Directions: Take I-49 to Lowell Exit AR-264 and head west, turn left on Clayton Rd., right on Brown Rd., turn left on Nevaeh into Nevaeh Estates Subdivision. Turn right on Sherman and property will be on the right.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Neighborhood, None, Subdivision, Level
  • Topography: Cleared,Level

Utilities

  • Sewer: Septic Needed
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1703.0
  • Tax Block: .
  • Tax Lot: 8R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Feb 12, 2021
Sold by
White Joan L
Bought by
Williams Jane and Williams Greg
Seller's Agent
Kelley Shearin
Portfolio Sotheby's International Realty
Buyer's Agent
Adam Steenken
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$299,500
Sold Price
$195,000
Premium/Discount to List
-$104,500
-34.89%
Current Estimated Value
$730,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,186
Avg. Annual Appreciation
33.20%

Purchase Details

Closed on
Sep 11, 2018
Sold by
White Jerry and White Joan L
Bought by
White Jerry and White Joan L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Williams Jane $195,000 City Title
White Jerry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Williams Gregory Lee $398,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $195,000 -34.9% --
01/13/2021 01/13/21 Pending -- -- --
09/23/2019 09/23/19 For Sale $299,500 +565.6% --
10/01/2016 10/01/16 Sold $45,000 -9.1% --
09/01/2016 09/01/16 Pending -- -- --
04/22/2015 04/22/15 For Sale $49,500 -- --
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 $6,049 $130,251 $10,000 $120,251
2023 $6,049 $98,679 $23,200 $75,479
2022 $1,979 $32,740 $23,200 $9,540
2021 $1,853 $32,740 $23,200 $9,540
2020 $1,703 $27,940 $18,400 $9,540
2019 $1,703 $27,940 $18,400 $9,540
2018 $1,121 $18,400 $18,400 $0
2017 $1,121 $18,400 $18,400 $0
2016 $945 $18,400 $18,400 $0
2015 $415 $7,030 $7,030 $0
2014 $415 $7,030 $7,030 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Shearin

    Seller's Agent in 2021

    Kelley Shearin

    Portfolio Sotheby's International Realty

    (479) 366-6800

    20 in this area

    73 Total Sales

    Kelley Shearin
    Section Image
  • Adam Steenken

    Buyer's Agent in 2021

    Adam Steenken

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 445-7099

    8 in this area

    187 Total Sales

    Adam Steenken
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1127404

Northwest Arkansas Board of REALTORS®

APN: 05-11045-000

Arkansas Benton County Cave Springs 72718

400 Sherman Ave, Cave Springs, AR

This home is located at 400 Sherman Ave, Cave Springs, AR 72718 since 23 September 2019 and is currently estimated at $730,186. 400 Sherman Ave is a home located in Benton County with nearby schools including Evening Star Elementary School, Bright Field Middle School, and Fulbright Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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