NOT LISTED FOR SALE

409 NW 7th St Bentonville, AR 72712

Estimated Value: $498,000 - $754,000

2 Beds
1 Bath
1,251 Sq Ft
$508/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $455,000 $364 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,712/month

27 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Central Heating and Cooling System
  • Sugar Creek Elementary School Rated A
  • Park
  • Trails

About This Home

As of April 2023

Opportunity awaits at this amazing location to own property close to all that Downtown Bentonville has to offer. Build your dream home on this .25 acre lot that is less than .5 miles from Park Springs Park and mountain biking trails, dining and entertainment. This rare downtown lot has unique access of side and rear adjoining alleyways. A clear and recent survey is available to show the lot lines. The current house is tenant occupied and generates roughly $750 a month, but the value is in the land. New construction across the street in a sought-after neighborhood. Don't miss your chance to own property in a prime location in the heart of all that is happening in Bentonville!

Last Agent to Sell the Property

Brandie Perry

Better Homes and Gardens Real Estate Journey Bento License #EB00089236 Listed on: 02/24/2023

Better Homes and Gardens Real Estate Journey Bento

Last Buyer's Agent

Brandie Perry

Better Homes and Gardens Real Estate Journey Bento License #EB00089236 Listed on: 02/24/2023

Better Homes and Gardens Real Estate Journey Bento

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / 18

Community Details

Overview

  • Demings 2Nd Add Bentonville Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Subdivision Name: Demings 2nd Add Bentonville
  • Directions: From Central Ave and NW A St in Downtown Bentonville, North on A St to NW 7th St. West on 7th to property on South side of the street.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 1251.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: City Lot, Level, Near Park
  • Waterfront Features: None
  • Construction Type: Other, See Remarks
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Roof: Asphalt, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 1755.0
  • Tax Block: 18
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 28, 2023
Sold by
Skyline Rental Llc
Bought by
Ap Re And Development Llc
Seller's Agent
Brandie Perry
Better Homes and Gardens Real Estate Journey Bento
Buyer's Agent
Brandie Perry
Better Homes and Gardens Real Estate Journey Bento
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Current Estimated Value
$635,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,610
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Feb 10, 2022
Sold by
Reynolds Llc
Bought by
Skyline Rental Llc

Purchase Details

Closed on
Jan 26, 1996
Bought by
Reynolds Llc

Purchase Details

Closed on
Jan 22, 1996
Bought by
N and A

Purchase Details

Closed on
Feb 26, 1992
Bought by
Reynolds
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ap Re And Development Llc $455,000 Realty Title
Skyline Rental Llc $425,000 Waco Title
Reynolds Llc -- --
N -- --
Reynolds $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $455,000 -13.3% $364 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $525,000 -- $420 / 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
2025 $4,268 $69,369 $69,369 --
2024 $6,307 $102,047 $69,369 $32,678
2023 $4,435 $71,770 $63,160 $8,610
2022 $1,755 $71,770 $63,160 $8,610
2021 $1,604 $71,770 $63,160 $8,610
2020 $1,472 $43,840 $39,200 $4,640
2019 $1,374 $43,840 $39,200 $4,640
2018 $1,276 $43,840 $39,200 $4,640
2017 $1,046 $43,840 $39,200 $4,640
2016 $1,046 $43,840 $39,200 $4,640
2015 $952 $15,410 $4,000 $11,410
2014 $952 $15,410 $4,000 $11,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1239775

Northwest Arkansas Board of REALTORS®

APN: 01-02237-000