NOT LISTED FOR SALE

406 Torrance Dr Cave Springs, AR 72718

Estimated Value: $1,032,751 - $1,238,000

5 Beds
3.5 Baths
4,020 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $626,295 $156 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,570/month

Highlights

  • Home Theater
  • 0.58 Acre Lot
  • Double Self-Cleaning Oven
  • Evening Star Elementary School Rated A
  • Corner Lot
  • 3 Car Attached Garage

About This Home

As of January 2024

This beautiful and spacious floor plan from the dramatic foyer to the family room with 20-foot ceilings! The kitchen is open to the breakfast area and family room, and leads through the butler's pantry into a formal dining room. Across the foyer is a formal living room or study. The first floor master suite is an oasis, with a sitting area, private bath and huge walk-in closet. Upstairs there are four bedrooms, a game room, a media room, and two full baths!

Last Agent to Rent the Property

Tammy Thorn

Collier & Associates- Rogers Branch License #SA00088594 Listed on: 12/04/2023

Last Renter's Agent

Tammy Thorn

Collier & Associates- Rogers Branch License #SA00088594 Listed on: 12/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,349

Year Built

  • Built in 2021

Lot Details

  • 0.58 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,020 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Home Theater

Kitchen

  • Double Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

  • Otter Creek Estates Ph Ii Cave Spgs Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, grounds care, sewer, water
  • Rent includes association dues, taxes
  • Available 12/4/23

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,349

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Water
  • Available Date: 2023-12-04
  • Security Deposit: 4500.0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.58
  • Subdivision Name: Otter Creek Estates Ph Ii Cave Spgs
  • Directions: From 1-49 take exit 78 West on AR-264 toward Lowell/ Cave Springs/ Rogers for 3.4 miles. Turn right on Rainbow Road. Left on Torrance house is on the right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2021
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Double Oven, Microwave, Self Cleaning Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4020.0
  • Dining Room Type: Media Room

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Corner Lot, None
  • Pool Features: None

Garage/Parking

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

Condo/Co-op/Association

  • HOA Rent Includes: Association Dues, Taxes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Nan Xu
Bought by
Yan Chaoying
Current Estimated Value
$1,093,438

Purchase Details

Listed on
Sep 17, 2020
Closed on
Jun 18, 2021
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Yan Chaoying and Xu Nan
Seller's Agent
Terrah Barber
Buffington Homes of Arkansas
Buyer's Agent
Jason Smith
Smith and Associates Real Estate Services
List Price
$626,295
Sold Price
$626,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$501,036
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2020
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
3.1%
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
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
Yan Chaoying -- Loyce Law Firm Pa
Yan Chaoying $626,295 First National Title Company
Buffington Homes Of Arkansas Llc $85,000 First National Title Company
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Chaoying $501,036
Previous Owner Buffington Homes Of Arkansas Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2024 01/01/24 Rented $4,500 0.0% --
12/17/2023 12/17/23 Under Contract -- -- --
12/04/2023 12/04/23 For Rent $4,500 0.0% --
06/18/2021 06/18/21 Sold $626,295 0.0% $156 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
09/17/2020 09/17/20 For Sale $626,295 -- $156 / 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 $7,349 $179,388 $19,000 $160,388
2023 $6,681 $108,993 $19,000 $89,993
2022 $6,917 $108,993 $19,000 $89,993
2021 $1,474 $19,000 $19,000 $0
2020 $1,412 $11,600 $11,600 $0
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

    Landlord's Agent in 2024

    Tammy Thorn

    Collier & Associates- Rogers Branch

    (479) 340-7742

    1 in this area

    27 Total Sales

    Tammy Thorn
    Section Image

  • T

    Seller's Agent in 2021

    Terrah Barber

    Buffington Homes of Arkansas

    (417) 319-8088

    113 in this area

    131 Total Sales

    Terrah Barber
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kelley Baertsch

    Buffington Homes of Arkansas

    Section Image

  • J

    Buyer's Agent in 2021

    Jason Smith

    Smith and Associates Real Estate Services

    (479) 225-6995

    8 in this area

    130 Total Sales

    Jason Smith
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1262344

Northwest Arkansas Board of REALTORS®

APN: 05-11535-000

Arkansas Benton County Cave Springs 72718

406 Torrance Dr, Cave Springs, AR

This home is located at 406 Torrance Dr, Cave Springs, AR 72718 since 04 December 2023 and is currently priced at $1,093,438. This property was built in 2021. 406 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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