NOT LISTED FOR SALE

405 Torrance Dr Cave Springs, AR 72718

Estimated Value: $1,011,000 - $1,225,000

4 Beds
3.5 Baths
3,603 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $625,000 $173 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,551/month

23 Days on Market

Highlights

  • Newly Remodeled
  • Outdoor Pool
  • 0.75 Acre Lot
  • Evening Star Elementary School Rated A
  • Home fronts a pond
  • Family Room with Fireplace

About This Home

As of July 2020

Come see the stunning Otter Creek model home! The Alexandria is a split-floor plan that includes 4 beds/3.5 baths with a vaulted study and a large game room. This home is on a corner lot that backs up to the community walking trail with extensive landscaping and trees. Some features included in this home are custom trim details on the walls and ceilings, quartz countertops, a built-in grill and exterior fireplace, double ovens, and tile to the ceiling throughout the home.

Last Agent to Sell the Property

Kelley Baertsch

Buffington Homes of Arkansas License #SA00078249 Listed on: 07/07/2020

Co-Listed By

Terrah Barber

Buffington Homes of Arkansas License #EB00080118

Last Buyer's Agent

Holly Hicks

Berkshire Hathaway HomeServices Solutions Real Est License #SA00076746

Berkshire Hathaway HomeServices Solutions Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.75 Acre Lot
  • Home fronts a pond
  • Landscaped
  • Corner Lot

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,603 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Library
  • Bonus Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • ENERGY STAR Qualified Appliances
  • City Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 135

Community Details

Overview

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

Amenities

  • Shops

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • 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 mile and left on Shores Rd. Continue on Shores rd for 1/2 mile and turn left onto Torrance Dr. home is on your right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2017
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098
  • Stories: 2
  • Year Built: 2017

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Double Oven, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, ENERGY STAR Qualified Appliances
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Eat-in Kitchen, Pantry, Quartz Counters, Split Bedrooms, Walk-In Closet(s), Wired for Sound
  • Living Area: 3603.0
  • Dining Room Type: Bonus Room, Library, Office
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, City Lot, Landscaped, Subdivision
  • Pool Features: Community, Pool
  • 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
  • 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, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools, Pool, Shopping
  • Association Fee: 425.0
  • 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: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Jul 31, 2020
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Sommer Christopher and Sommer Kristie
Seller's Agent
Kelley Baertsch
Buffington Homes of Arkansas
Buyer's Agent
Holly Hicks
Berkshire Hathaway HomeServices Solutions Real Est
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$1,091,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,944
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Oct 7, 2016
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
3.44%
Mortgage Type
New Conventional

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
Sommer Christopher $625,000 First National Title Company
Buffington Homes Of Arkansas Llc $68,000 First National Title Company
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buffington Homes Of Arkansas Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $625,000 0.0% $173 / Sq Ft
07/07/2020 07/07/20 For Sale $625,000 -- $173 / 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 $6,940 $174,503 $19,000 $155,503
2023 $6,610 $107,830 $19,000 $88,830
2022 $6,847 $107,830 $19,000 $88,830
2021 $6,832 $107,830 $19,000 $88,830
2020 $6,188 $89,960 $11,600 $78,360
2019 $6,188 $89,960 $11,600 $78,360
2018 $6,188 $89,960 $11,600 $78,360
2017 $705 $11,600 $11,600 $0
2016 $705 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1151901

Northwest Arkansas Board of REALTORS®

APN: 05-11563-000