NOT LISTED FOR SALE

50 Edelweiss Cove Drasco, AR 72530

Estimated Value: $575,000 - $744,000

4 Beds
3 Baths
2,518 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $519,900 $206 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,816/month

111 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • RV Access or Parking
  • Guest House
  • Safe Room
  • Resort Property

About This Home

As of September 2021

This beautiful Lake Front property is perfect for entertaining! Gorgeous log cabin style home with separate cottage in farmhouse style is perfect for family to visit. This home boasts tons of storage spaces & workshops. Easy walk to the water, pull your boat up & enjoy lunch at the house on a hot summer day! Beautiful yard, large porches,screened & unscreened porches for a variety of ways to enjoy the outdoors! Craft rooms/workshops. So much room! Agents see remarks for explanation of square footage.

Last Agent to Sell the Property

Rachel Mitchum

Mitchum Properties Listed on: 05/29/2021

Last Buyer's Agent

Rachel Mitchum

Mitchum Properties Listed on: 05/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 2001

Lot Details

  • 0.78 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Rural Setting
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Ridge Vents on the Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Wood Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Low Emissivity Windows
  • Insulated Windows
  • Open Floorplan
  • Bonus Room
  • Workshop
  • Screened Porch
  • Lake Views
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Safe Room
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Parking Pad
  • RV Access or Parking

Outdoor Features

  • Deck
  • Storm Cellar or Shelter

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Propane
  • Electric Water Heater
  • Septic System

Community Details

Overview

  • Resort Property
  • Golf Course: Tannenbaum Golf Club
  • Community Lake

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,470

Year Built

Built in 2001

Lot Details

0.78 Acres

HOA Fees

$33 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Screened Porch, Porch, Partially Fenced, Guttering, Storm Cellar, Guest House, Rv Parking, Wood Fence
  • Golf: Yes
  • Golf Course: Tannenbaum Golf Club
  • Lake: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 05/29/2021
  • Road Surface: Paved
  • Street Designation: Cove
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built, Gas Starter
  • Bedrooms: Primary Bedroom Apart, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2518
  • Basement: Full, Outside Access/Walk-Out, Partially Finished
  • Bedrooms: 4
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Disposal, Refrigerator-Stays
  • Other Rooms: Workshop/Craft, Bonus Room, Laundry, Basement, Safe/Storm Room
  • Stories: Two Story
  • Walls Ceilings: Wood Ceiling

Exterior Features

  • Exterior: Wood
  • Roof: Metal

Garage/Parking

  • Parking: Garage, Parking Pads, Four Car Or More

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Propane

Condo/Co-op/Association

  • Amenities: Golf Course
  • Condo Association Fee: 33
  • Frequency: Monthly

Lot Info

  • Estimated Lot Size: 0.78
  • Estimated Lot Size: 0.78
  • Lot: Level, Cul-De-Sac, Rural Property, Resort Property, Wooded, In Subdivision, Lake View, Lake Front, Common To Golf Course
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Ridge Vents/Caps
  • Green Features: Low-E Windows

Tax Info

  • Annual Taxes: 3470
  • Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2021
Closed on
Sep 17, 2021
Sold by
Logan Greg and Logan Jessica
Bought by
Borin Donald R and Borin Felicia M
Seller's Agent
Rachel Mitchum
Mitchum Properties
Buyer's Agent
Rachel Mitchum
Mitchum Properties
List Price
$524,900
Sold Price
$519,900
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$661,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,090
Avg. Annual Appreciation
5.62%
Original Mortgage
$415,920
Outstanding Balance
$376,802
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$285,188

Purchase Details

Closed on
Nov 5, 1997
Bought by
Logan Greg and Logan Jessica

Purchase Details

Closed on
Jan 1, 1982
Bought by
Bartlett Eva M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Borin Donald R $519,900 General Land & Title Svcs
Logan Greg $31,000 --
Bartlett Eva M -- --
Bartlett Eva M $9,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borin Donald R $415,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $519,900 0.0% $206 / Sq Ft
08/26/2021 08/26/21 Price Changed $519,900 -1.0% $206 / Sq Ft
05/29/2021 05/29/21 For Sale $524,900 -- $208 / Sq Ft
Source: Cooperative Arkansas REALTORS® 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 $4,467 $119,315 $26,000 $93,315
2024 $4,061 $104,925 $20,000 $84,925
2023 $4,061 $104,925 $20,000 $84,925
2022 $4,061 $104,925 $20,000 $84,925
2021 $3,470 $89,665 $22,000 $67,665
2020 $3,351 $89,665 $22,000 $67,665
2019 $3,097 $89,665 $22,000 $67,665
2018 $2,493 $89,665 $22,000 $67,665
2017 $2,341 $89,665 $22,000 $67,665
2016 $2,189 $65,600 $13,000 $52,600
2015 $2,189 $65,600 $13,000 $52,600
2014 $2,189 $65,600 $13,000 $52,600
Source: Public Records

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21016613

Cooperative Arkansas REALTORS® MLS

APN: 002-09213-000

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