NOT LISTED FOR SALE

411 N Cascade Ln Cave Springs, AR 72745

Estimated Value: $857,000 - $1,102,000

0.61 Acre
$1,649,551 Price per Acre
26,572 Sq Ft Lot

Last Sold December 29, 2015

Last sale price $60,000

Est. 1,426% increase in value since last sale

Current estimated payment $5,458/month

1,194 Days on Market

Highlights

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

About This Lot

As of December 2015

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

Heather Campbell

Weichert, REALTORS Griffin Company Bentonville License #SA00063918

Weichert, REALTORS Griffin Company Bentonville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $391

Lot Details

  • 0.61 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 160

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: 0.61
  • 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: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Shaklee William Vere and Shaklee Laura M
Bought by
Philpot Randy and Philpot Carolyn
Current Estimated Value
$915,893

Purchase Details

Closed on
May 3, 2017
Sold by
Catj Holdings Llc
Bought by
Shaklee William Vere and Shaklee Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,735
Interest Rate
4.02%

Purchase Details

Listed on
Aug 21, 2012
Closed on
Dec 29, 2015
Sold by
J & M Investments Of Nwa Llc
Bought by
Catj Holdings Llc
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
List Price
$48,000
Sold Price
$60,000
Premium/Discount to List
$12,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.65%
Original Mortgage
$370,000
Interest Rate
3.94%

Purchase Details

Listed on
Aug 21, 2012
Closed on
Dec 23, 2015
Sold by
Board Of Commissioners Cave Springs Muni
Bought by
J & M Investments Of Nwa Llc
Seller's Agent
Philip Cingolani
Collier & Associates
Buyer's Agent
Heather Campbell
Weichert, REALTORS Griffin Company Bentonville
List Price
$48,000
Sold Price
$60,000
Premium/Discount to List
$12,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.94%

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
Philpot Randy $466,500 Realty Ttl & Closing Svcs Ll
Shaklee William Vere $424,900 Republic Title Company
Catj Holdings Llc $48,227 Rtc
J & M Investments Of Nwa Llc $60,000 Rtc
Board Of Commissioners $3,269 None Available
Cave Spgs Muni Po #3 188Pc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaklee Laura M $63,735
Previous Owner Shaklee William Vere $63,735
Previous Owner Catj Holdings Llc $370,000
Previous Owner J & M Investments Of Nwa Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $60,000 +25.0% --
11/29/2015 11/29/15 Pending -- -- --
08/21/2012 08/21/12 For Sale $48,000 -- --
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
2024 $5,312 $172,026 $19,000 $153,026
2023 $5,312 $106,330 $19,000 $87,330
2022 $5,567 $106,330 $19,000 $87,330
2021 $5,555 $106,330 $19,000 $87,330
2020 $5,611 $86,650 $11,600 $75,050
2019 $5,611 $86,650 $11,600 $75,050
2018 $5,636 $86,650 $11,600 $75,050
2017 $2,765 $86,650 $11,600 $75,050
2016 $2,765 $11,600 $11,600 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Philip Cingolani

    Collier & Associates

    (479) 274-0662

    6 Total Sales

    Section Image
  • Heather Campbell

    Buyer's Agent in 2015

    Heather Campbell

    Weichert, REALTORS Griffin Company Bentonville

    (479) 366-3026

    124 in this area

    571 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 662812

Northwest Arkansas Board of REALTORS®

APN: 05-11429-000

Arkansas Benton County Cave Springs 72745

411 N Cascade Ln, Cave Springs, AR

This home is located at 411 N Cascade Ln, Cave Springs, AR 72745 since 21 August 2012 and is currently estimated at $1,006,226. 411 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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