NOT LISTED FOR SALE

45 Bear Ridge Rd Eureka Springs, AR 72631

Estimated Value: $1,285,970

2 Beds
2.5 Baths
4,822 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2022

Last sale price $1,025,000 $213 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,021 / mo

160 Days on Market

Highlights

  • New Construction
  • RV Access or Parking
  • Deck
  • Eureka Springs Elementary School Rated A-
  • Community Lake
  • Wood Burning Stove

About This Home

As of April 2022

Welcome to 45 & 87 Bear Ridge road in Eureka Springs a true one of a kind estate. The property has Three architecturally designed buildings built and has many options for a variety of future owners. The Buildings feature a 1506 sq,ft, luxury home loaded with custom details throughout, A 780 sq.ft. RV Garage complete with full hook ups, and finally a Huge 3316 sq.ft. design studio with additional living space that is pre-plumbed & wired for a full kitchen. This building would be great for Wedding Venue, Mountain Bike Shop, Art Studio and teaching center, or its current use a design studio. You are just minutes to Downtown Eureka Springs, Beaver Lake, Thrown Crown Chapel, & Mountain Bike Trails.

Last Agent to Sell the Property

Sean Morris

Coldwell Banker Harris McHaney & Faucette -Fayette License #EB00048423 Listed on: 08/26/2021

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

Sean Morris

Coldwell Banker Harris McHaney & Faucette -Fayette License #EB00048423 Listed on: 08/26/2021

Coldwell Banker Harris McHaney & Faucette -Fayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,437

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3.15 Acre Lot
  • North Facing Home
  • Secluded Lot
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 4,822 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Concrete Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Concrete Kitchen Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • High Efficiency Air Conditioning
  • Zoned Cooling
  • Heat Pump System
  • Programmable Thermostat
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • ENERGY STAR Qualified Appliances
  • Outside City Limits

Community Details

Overview

  • 07 20 26 Subdivision
  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,437

Year Built

Built in 2021 | New Construction

Lot Details

3.15 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.15
  • Road Frontage Type: Public Road
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Beaver Lake
  • Subdivision Name: 07-20-26
  • Directions: From Hwy 62 on the West Side of Eureka Springs head north on HWY 187 for approx 1 Mile The Property will be on the left look for Black Coldwell Banker sign
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2021
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator, Range Hood, Washer, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete
  • Interior Amenities: Ceiling Fan(s), Concrete Counters, Eat-in Kitchen, None, Pantry, Programmable Thermostat, Split Bedrooms, Skylights, Wood Burning Stove
  • Living Area: 4822.0
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, Landscaped, Not In Subdivision, Outside City Limits, Secluded
  • Pool Features: None
  • Construction Type: Other, See Remarks
  • Direction Faces: North
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: None, Workshop
  • Patio And Porch Features: Deck, Patio
  • Roof: Metal, Other, See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Parking Features: Detached, Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Electric, ENERGY STAR Qualified Equipment, High Efficiency, Zoned
  • Cooling Y N: Yes
  • Heating: Heat Pump, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Near State Park, Trails/Paths

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Additional Parcels Description: 001-07469-003
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1437.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Chesley Richard A and Chesley Dianna
Bought by
Dianna L Chesley Declaration Of Revocable Tru
Current Estimated Value
$1,285,970

Purchase Details

Listed on
Aug 26, 2021
Closed on
Apr 4, 2022
Sold by
Gore Brandon J and Gore Erin
Bought by
Chesley Richard A and Chesley Dianna
Seller's Agent
Sean Morris
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
Sean Morris
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$1,299,000
Sold Price
$1,025,000
Premium/Discount to List
-$274,000
-21.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$700,001
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2018
Sold by
Mflp Investments Llc
Bought by
Gore Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.15%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Dianna L Chesley Declaration Of Revocable Tru -- None Listed On Document
Dianna L Chesley Declaration Of Revocable Tru -- None Listed On Document
Chesley Richard A $1,025,000 None Listed On Document
Chesley Richard A $1,025,000 None Listed On Document
Gore Brandon $25,000 Capital Title And Escrow Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Chesley Richard A $700,001
Previous Owner Gore Brandon $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $1,025,000 -21.1% $213 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
08/26/2021 08/26/21 For Sale $1,299,000 -- $269 / Sq Ft
Source: ArkansasOne MLS

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 $1,951 $72,740 $8,800 $63,940
2024 $1,773 $42,630 $9,800 $32,830
2023 $1,637 $42,630 $9,800 $32,830
2022 $1,501 $42,630 $9,800 $32,830
2021 $1,365 $28,360 $6,900 $21,460
2020 $1,365 $28,360 $6,900 $21,460
2019 $1,383 $28,360 $6,900 $21,460
2018 $332 $7,150 $7,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ArkansasOne MLS

MLS Number: 1195187

ArkansasOne MLS

APN: 001-07469-002

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