NOT LISTED FOR SALE

5 Michael Ln Bella Vista, AR 72715

Estimated Value: $275,000 - $351,000

3 Beds
2.5 Baths
2,084 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $165,000 $79 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,808/month

14 Days on Market

Highlights

  • Boat Dock
  • Golf Course Community
  • Outdoor Pool
  • Thomas Jefferson Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Kingsdale Park

About This Home

As of July 2020

Great house - great price - over 2000 SF for $165,000 - 3/2 and 2 living areas. Sold AS-IS.

Last Agent to Sell the Property

Amy Rollins

Lindsey & Assoc Inc Branch License #SA00054004 Listed on: 06/16/2020

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Vicki Bronson

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #EB00055791

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $37 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room
  • Workshop
  • Storage Room
  • Washer and Dryer Hookup
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Outdoor Pool
  • Deck
  • Storm Cellar or Shelter

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 9 / 8

Community Details

Overview

  • Chelsea Subdivision
  • Community Lake

Amenities

  • Shops
  • Sauna
  • Clubhouse
  • Recreation Room

Recreation

  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$979

Year Built

Built in 1977

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Water Body Name: Bella Vista Lake
  • Subdivision Name: Chelsea
  • Directions: Hwy 71 N to Riordan @ Dairy Queen / L on Michael
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Spa Features: Community
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Self Cleaning Oven, Plumbed For Ice Maker
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Pantry, Walk-In Closet(s), Multiple Living Areas, Storage, Workshop
  • Living Area: 2084.0
  • Dining Room Type: Living Room, Storage Room
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Lot, Landscaped, Near Park, Subdivision
  • Pool Features: Pool, Community
  • Home Warranty: Yes
  • Construction Type: Cedar
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Storm Shelter, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Dock, Fitness, Golf, Playground, Recreation Area, Sauna, Tennis Court(s), Lake, Park, Pool, Shopping, Trails/Paths
  • Association Fee: 37.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 979.0
  • Tax Block: 8
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 30, 2020
Sold by
Rhinehart Lynn and Rhinehart Ronald
Bought by
Rogers Gregory S
Seller's Agent
Amy Rollins
Lindsey & Assoc Inc Branch
Buyer's Agent
Vicki Bronson
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$305,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,682
Avg. Annual Appreciation
12.31%
Original Mortgage
$132,000
Outstanding Balance
$93,261
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$212,421

Purchase Details

Listed on
May 2, 2015
Closed on
Jul 31, 2015
Sold by
Tysk Laurence V and Nimis Tysk Mary A
Bought by
Rhinehart Lynn
Seller's Agent
Holli Carpenter
Kaufmann Realty, LLC
Buyer's Agent
Stephanie Kelly
Larry Kelly & Assoc. Realty
List Price
$118,900
Sold Price
$108,000
Premium/Discount to List
-$10,900
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$110,204
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2013
Sold by
Tysk Laurence V and Nimis Tysk Mary A
Bought by
Tysk Laurence and Nimis Tysk Mary A

Purchase Details

Closed on
May 29, 2008
Sold by
Pine Don and Tysk Laurence V
Bought by
Tysk Laurence and Tysk Mary A

Purchase Details

Closed on
Nov 15, 2006
Sold by
Wambold Grace
Bought by
Pinc Don and Tysk Laurence

Purchase Details

Closed on
Oct 26, 1976
Bought by
Wambold
Source: Public Records

Range of Values:

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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
Rogers Gregory S $165,000 Realty Ttl & Closing Svcs Ll
Rhinehart Lynn $108,000 Waco Title Company
Tysk Laurence -- None Available
Tysk Laurence -- None Available
Pinc Don $85,000 None Available
Wambold $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Gregory S $132,000
Previous Owner Rhinehart Lynn $110,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $165,000 0.0% $79 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $165,000 +52.8% $79 / Sq Ft
07/31/2015 07/31/15 Sold $108,000 -9.2% $52 / Sq Ft View Prior Sale
07/01/2015 07/01/15 Pending -- -- --
05/02/2015 05/02/15 For Sale $118,900 -- $57 / 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 $1,922 $43,963 $1,600 $42,363
2024 $1,816 $43,963 $1,600 $42,363
2023 $1,729 $28,210 $800 $27,410
2022 $1,410 $28,210 $800 $27,410
2021 $1,781 $28,210 $800 $27,410
2020 $745 $17,580 $600 $16,980
2019 $745 $17,580 $600 $16,980
2018 $770 $17,580 $600 $16,980
2017 $728 $17,580 $600 $16,980
2016 $728 $17,580 $600 $16,980
2015 $1,008 $16,710 $1,000 $15,710
2014 $1,008 $16,710 $1,000 $15,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1150373

Northwest Arkansas Board of REALTORS®

APN: 16-08091-000