NOT LISTED FOR SALE

403 SW 3rd St Bentonville, AR 72712

Estimated Value: $1,660,000 - $1,763,000

4 Beds
3 Baths
3,232 Sq Ft
$531/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,200,000 $371 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,192/month

14 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • Bonus Room
  • R.E. Baker Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Gilmore Park

About This Home

As of June 2021

Historic Downtown Bentonville Stunner w/turn key Airbnb! Prime location off SW A & few blocks from Central Ave & Square. Home sits on large .31 acre lot. Total sqft 3832 (main house is 3232sf, guest house is 600sf 2 bed/1 bath w/open layout & private yard) Completely remodeled w/amazing details throughout incl. original pine wood floors from 1921 & original doors & built-ins. Living room features painted brick decorative fireplace & large picture windows. Large formal dining space, perfect for entertaining. Kitchen features a quaint nook for breakfast area & morning coffee spot. Large mud room/ work from home space has abundant storage and leads out to the beautiful and large backyard complete with privacy fence, large patio, and brick grill. Master suite has WIC & large attached bath w/walk in shower. Guest bed on main level along w/guest bath. Additional living space on main leads to second level. Massive bonus room upstairs along w/two guests beds & guest bath w/double vanity.

Last Agent to Sell the Property

Somer Adams

Lindsey & Assoc Inc Branch License #EB00058486 Listed on: 04/27/2021

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Motus Group

Keller Williams Market Pro Realty

Keller Williams Market Pro Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,079

Year Built

  • Built in 1921

Lot Details

  • 0.31 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Aluminum or Metal Fence
  • Landscaped
  • Level Lot
  • Cleared Lot

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,232 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Mud Room
  • Living Room
  • Bonus Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Garage
  • Detached Carport Space

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 6

Community Details

Overview

  • Clarks 2Nd Add Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,079

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Road Frontage Type: Public Road
  • Subdivision Name: Clarks 2nd Add
  • Directions: From Walton Blvd / E onto Central Ave / R onto SW A St / R onto SW 3rd St / Home will be on the left.
  • Architectural Style: Craftsman
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1921
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1921

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Programmable Thermostat, Quartz Counters, See Remarks, Walk-In Closet(s), Multiple Living Areas, Mud Room
  • Living Area: 3232.0
  • Dining Room Type: Bonus Room, Living Room, Mud Room
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Metal, Privacy, Wood
  • Lot Features: Cleared, Landscaped, Level
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Concrete Driveway
  • Foundation Details: Other, See Remarks
  • Other Structures: Guest House, Storage
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Detached Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Sidewalks, Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7079.0
  • Tax Block: 6
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 11, 2021
Sold by
Malashock Ryan D and Malashock Michelle L
Bought by
Simpson Scott and Simpson Barbara
Seller's Agent
Somer Adams
Lindsey & Assoc Inc Branch
Buyer's Agent
Motus Group
Keller Williams Market Pro Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
$1,715,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,589
Avg. Annual Appreciation
6.70%
Original Mortgage
$960,000
Outstanding Balance
$878,569
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$699,469

Purchase Details

Closed on
Apr 13, 2015
Sold by
Becker Melinda L and Becker Philip D
Bought by
Malashock Ryan D and Malashock Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
3.88%

Purchase Details

Closed on
May 27, 2010
Sold by
Jones Robbie and Jones Patricia A
Bought by
Becker Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,339
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2004
Bought by
Jones

Purchase Details

Closed on
Dec 20, 2004
Bought by
Jones

Purchase Details

Closed on
Nov 14, 1990
Bought by
1St Am Sav

Purchase Details

Closed on
Nov 2, 1990
Bought by
Mitchell

Purchase Details

Closed on
May 7, 1980
Bought by
Hammack
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
Simpson Scott $1,200,000 Liberty Title & Escrow
Malashock Ryan D $370,000 Realty Title
Becker Melinda L $125,000 None Available
Jones $86,000 --
Jones $86,000 --
1St Am Sav -- --
Mitchell $46,000 --
Hammack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Scott $200,000
Open Simpson Scott $960,000
Previous Owner Malashock Ryan D $468,000
Previous Owner Malashock Ryan D $468,000
Previous Owner Malashock Rayn D $477,000
Previous Owner Malashock Michelle L $424,100
Previous Owner Malashock Ryan $506,000
Previous Owner Malashock Ryan D $37,000
Previous Owner Malashock Ryan D $296,000
Previous Owner Malashock Ryan D $296,000
Previous Owner Malashock Ryan D $37,000
Previous Owner Becker Melinda L $40,000
Previous Owner Becker Melinda L $123,339
Previous Owner Jones Robbie $160,000
Previous Owner Jones Robbie $58,460
Previous Owner Jones Robbie $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $1,200,000 0.0% $371 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,200,000 -- $371 / 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 $10,358 $260,892 $86,020 $174,872
2023 $9,865 $159,620 $78,320 $81,300
2022 $9,729 $159,620 $78,320 $81,300
2021 $7,395 $159,620 $78,320 $81,300
2020 $7,080 $117,030 $48,610 $68,420
2019 $7,080 $117,030 $48,610 $68,420
2018 $7,105 $117,030 $48,610 $68,420
2017 $3,485 $62,150 $48,610 $13,540
2016 $3,485 $62,150 $48,610 $13,540
2015 $1,968 $31,850 $4,000 $27,850
2014 $1,618 $31,850 $4,000 $27,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1181918

Northwest Arkansas Board of REALTORS®

APN: 01-01775-000