NOT LISTED FOR SALE

402 Magnolia Dr Bentonville, AR 72712

Estimated Value: $1,061,000 - $1,810,317

4 Beds
3 Baths
2,835 Sq Ft
$533/Sq Ft Est. Value

Last Sold July 16, 2013

Last sale price $390,000 $138 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $8,424/month

5 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Corner Lot
  • R.E. Baker Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Bogle Park

About This Home

As of July 2013

Come see this downtown beauty and call for a showing today. This all redone home has wood floors throughout , native stone fire place, beamed ceilings, huge family room , granite counters everywhere, Cooks kitchen with 5 burner gas top and bosh dishwash,dishwasher, 3 full baths , a one of a kind master shower extensive landscaping and yard lighting, Gunite pool surrounded by beautiful stone decking enclosed by a 8 ft privacy fence. Additional .41 ac lot for sale with house at 65K.on sepreate contract

Last Agent to Sell the Property

Steve Atwell

Buyers First Realty License #PB00054411 Listed on: 06/10/2013

Last Buyer's Agent

Deanna Storms

Grandview Realty License #EB00056795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Cedar

Interior Spaces

  • 2,835 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Stone Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Magnolia Park Bentonville Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,175

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: .
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Magnolia Park-Bentonville
  • Directions: From Walton and Central go East on Central to A street , Go left or north on A street to 5th street. Go left or west on 5th to Magnolia, left or south on Magnolia, house on left or east side of street
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances: Counter Top, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Range Hood
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Granite Counters
  • Living Area: 2835.0

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, Subdivision
  • Pool Features: Gunite, In Ground, Pool, Private
  • Pool Private: Yes
  • Waterfront Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Cedar, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace, Slab
  • Patio And Porch Features: Deck, Porch, Stone
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Block: .
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 16, 2013
Sold by
Jones Bradley K and Jones Tamera M
Bought by
Wallace David K and Wallace Janet C
Seller's Agent
Steve Atwell
Buyers First Realty
Buyer's Agent
Deanna Storms
Grandview Realty
List Price
$345,000
Sold Price
$390,000
Premium/Discount to List
$45,000
13.04%
Current Estimated Value
$1,510,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120,772
Avg. Annual Appreciation
11.57%
Original Mortgage
$304,000
Outstanding Balance
$219,714
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,291,058

Purchase Details

Closed on
Jul 9, 2010
Sold by
Jones Bradley and Jones Tamara
Bought by
Jones Bradley K and Jones Tamera M

Purchase Details

Closed on
Mar 3, 2006
Sold by
Hammond Thomas W and Hammond Marianna R
Bought by
Jones Bradley and Jones Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,900
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 2002
Bought by
Hammond

Purchase Details

Closed on
May 24, 2001
Bought by
Alpe Tr

Purchase Details

Closed on
Mar 9, 1979
Bought by
Alpe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace David K $325,000 Waco Title Company
Jones Bradley K -- None Available
Jones Bradley $267,000 Ste
Hammond $229,000 --
Alpe Tr -- --
Alpe $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace David K $304,000
Previous Owner Jones Bradley $62,900
Previous Owner Jones Bradley $251,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2013 07/16/13 Sold $390,000 +13.0% $138 / Sq Ft
06/16/2013 06/16/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $345,000 -- $122 / 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 $5,344 $291,204 $99,894 $191,310
2024 $5,124 $291,204 $99,894 $191,310
2023 $4,880 $97,700 $8,600 $89,100
2022 $4,424 $97,700 $8,600 $89,100
2021 $3,779 $90,860 $8,600 $82,260
2020 $3,619 $62,700 $3,800 $58,900
2019 $3,619 $62,700 $3,800 $58,900
2018 $3,644 $62,700 $3,800 $58,900
2017 $2,771 $62,160 $3,800 $58,360
2016 $2,673 $62,160 $3,800 $58,360
2015 $2,659 $43,030 $4,000 $39,030
2014 $2,309 $43,030 $4,000 $39,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 682520

Northwest Arkansas Board of REALTORS®

APN: 01-03341-000