NOT LISTED FOR SALE

402 Torrance Dr Cave Springs, AR 72718

Estimated Value: $955,000 - $1,201,000

4 Beds
3.5 Baths
3,603 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $529,315 $147 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,642/month

203 Days on Market

Highlights

  • New Construction
  • Outdoor Pool
  • 0.63 Acre Lot
  • Evening Star Elementary School Rated A
  • Home fronts a pond
  • Living Room with Fireplace

About This Home

As of December 2019

Sold TBB Alexandria Floor Plan #3564

Last Agent to Sell the Property

Terrah Barber

Buffington Homes of Arkansas License #EB00080118 Listed on: 05/10/2019

Co-Listed By

Kelley Baertsch

Buffington Homes of Arkansas License #SA00078249

Last Buyer's Agent

Becky Mayhue

Crawford Real Estate and Associates License #SA00074792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.63 Acre Lot
  • Home fronts a pond
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Home to be built
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,603 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Game Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 105

Community Details

Overview

  • Real Clear Neighborhood Association, Phone Number (479) 935-8989
  • Otter Creek Ph Ii Cave Springs Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 00099
  • Co List Office Phone: 479-435-6240
  • Subdivision Name: Otter Creek Ph II Cave Springs
  • Directions: From I-49 take exit 78 West on AR-264 toward Lowell/Cave Springs/Rogers for 3.4 miles. Turn right on S Rainbow Road for 1/2 mile, and left on Torrance Drive. Home is on the right side of the road.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2019
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Counter Top, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Microwave, Range Hood
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, Quartz Counters, Split Bedrooms, Walk-In Closet(s), Wired for Sound
  • Living Area: 3603.0
  • Dining Room Type: Game Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, Subdivision
  • Pool Features: Pool, Community
  • Waterfront Features: Pond
  • Home Warranty: Yes
  • Construction Type: Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: To Be Built
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Trails/Paths, Pool
  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Real Clear Neighborhood
  • Phone: 479-935-8989
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 707.0
  • Tax Block: -
  • Tax Lot: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Dec 30, 2019
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Mowery Jon Michael
Seller's Agent
Terrah Barber
Buffington Homes of Arkansas
Buyer's Agent
Becky Mayhue
Crawford Real Estate and Associates
List Price
$529,315
Sold Price
$529,315
Current Estimated Value
$1,087,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,777
Avg. Annual Appreciation
10.89%
Original Mortgage
$476,383
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2019
Sold by
Otter Creek Neighborhood Llc
Bought by
Buffington Homes Of Arkansas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2011
Bought by
Cave Spgs Muni Po #3 188Pc
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
Mowery Jon Michael $529,315 First National Title Company
Buffington Homes Of Arkansas Llc $75,000 First National Title Company
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowery Jon Michael $472,689
Closed Mowery Jon Michael $476,383
Previous Owner Buffington Homes Of Arkansas Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $529,315 0.0% $147 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $529,315 -- $147 / 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 $7,836 $181,284 $19,000 $162,284
2023 $7,123 $116,205 $19,000 $97,205
2022 $7,701 $116,205 $19,000 $97,205
2021 $6,706 $109,030 $19,000 $90,030
2020 $6,219 $90,470 $11,600 $78,870
2019 $1,412 $11,600 $11,600 $0
2018 $1,412 $11,600 $11,600 $0
2017 $0 $11,600 $11,600 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Terrah Barber

    Buffington Homes of Arkansas

    (417) 319-8088

    114 in this area

    132 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kelley Baertsch

    Buffington Homes of Arkansas

    Section Image

  • B

    Buyer's Agent in 2019

    Becky Mayhue

    Crawford Real Estate and Associates

    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1113958

Northwest Arkansas Board of REALTORS®

APN: 05-11533-000

Arkansas Benton County Cave Springs 72718

402 Torrance Dr, Cave Springs, AR

This home is located at 402 Torrance Dr, Cave Springs, AR 72718 since 10 May 2019 and is currently estimated at $1,108,815, approximately $307 per square foot. This property was built in 2019. 402 Torrance Dr 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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