NOT LISTED FOR SALE

407 N Cascade Ln Cave Springs, AR 72745

Estimated Value: $988,000 - $1,084,000

0.88 Acre
$1,166,662 Price per Acre
38,333 Sq Ft Lot

Last Sold June 10, 2014

Last sale price $50,000

Est. 1,953% increase in value since last sale

Current estimated payment $6,318/month

627 Days on Market

Highlights

  • Golf Course Community
  • 0.88 Acre Lot
  • Views
  • Evening Star Elementary School Rated A
  • Wooded Lot
  • Satellite Dish

About This Lot

As of June 2014

WELCOME TO OTTER CREEK ESTATES PHASE 1. LOTS 1/2 to 1 ACRE, GENTLE ROLLING SLOPES, BEAUTIFUL VIEWS / CONSERVATION AREAS, COMMUNITY POOL, TENNIS COURT, WALKING TRAILS & PONDS. CENTRAL TO EVERYTHING NWA HAS TO OFFER, 2500 SQ FT MINIMUM.

Last Agent to Sell the Property

Philip Cingolani

Collier & Associates License #EB00061781 Listed on: 08/21/2012

Collier & Associates

Last Buyer's Agent

Philip Cingolani

Collier & Associates License #EB00061781 Listed on: 08/21/2012

Collier & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $391

Lot Details

  • 0.88 Acre Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot

Utilities

  • Underground Utilities
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 162

Community Details

Overview

  • Otter Creek Estates Ph I Cave Springs Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$391

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.88
  • Lot Size: x
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Otter Creek Estates Ph I-Cave Springs
  • Directions: From 540 take Exit 78 (Lowell exit) and travel west 4.2 miles, Otter Creek entrance on the right. "OR" From the intersection of 112 and Hwy 264 travel East on Hwy 264 1/2 mile, Otter Creek entrance on the left.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Other Equipment: Satellite Dish

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Open Lot, Recreational, Subdivision, Views, Wooded, Level
  • Topography: Cleared,Level,Rolling
  • View: Yes
  • Waterfront Features: None

Utilities

  • Electric: Underground
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Curbs, Sidewalks
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 391.0
  • Tax Block: 0
  • Tax Lot: 162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Heine Ryan T and Heine Natalie C
Bought by
Hutchens Andrew and Hutchens Johnna
Current Estimated Value
$1,026,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$483,950
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$542,713

Purchase Details

Closed on
Apr 6, 2018
Sold by
Coughlin Heather A and Coughlin Matthew T
Bought by
Heine Ryan T and Heine Natalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,320
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2013
Sold by
Commissioner Of State Lands
Bought by
Board Of Commissioners and Cave Springs Municipal Property Owners I

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
Hutchens Andrew $797,499 Apex Title
Heine Ryan T $534,150 Mercury Title Llc
Board Of Commissioners $3,364 None Available
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchens Andrew $500,000
Previous Owner Heine Ryan T $427,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2014 06/10/14 Sold $50,000 -3.8% --
05/11/2014 05/11/14 Pending -- -- --
08/21/2012 08/21/12 For Sale $52,000 -- --
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 $10,504 $178,735 $19,000 $159,735
2024 $10,956 $178,735 $19,000 $159,735
2023 $6,850 $111,740 $19,000 $92,740
2022 $6,650 $111,740 $19,000 $92,740
2021 $6,081 $111,740 $19,000 $92,740
2020 $5,588 $91,680 $11,600 $80,080
2019 $5,588 $91,680 $11,600 $80,080
2018 $5,238 $91,680 $11,600 $80,080
2017 $5,238 $91,680 $11,600 $80,080
2016 $5,252 $91,680 $11,600 $80,080
2015 $443 $7,500 $7,500 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Philip Cingolani

    Collier & Associates

    (479) 274-0662

    6 Total Sales

    Philip Cingolani
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 662818

Northwest Arkansas Board of REALTORS®

APN: 05-11431-000

Arkansas Benton County Cave Springs 72745

407 N Cascade Ln, Cave Springs, AR

This home is located at 407 N Cascade Ln, Cave Springs, AR 72745 since 21 August 2012 and is currently estimated at $1,026,663. 407 N Cascade Ln 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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