NOT LISTED FOR SALE

500 Lake Forest Dr Eureka Springs, AR 72631

Estimated Value: $566,000 - $833,000

3 Beds
3 Baths
3,304 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $355,000 $107 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,016/month

104 Days on Market

Highlights

  • Community Boat Slip
  • Lake View
  • Wooded Lot
  • Eureka Springs Elementary School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of September 2015

Perfect, real log home with room for family and friends but has cozy cabin feel. 3 bedrooms and a loft and lower level TV and game area. 2 bedrooms on main level for easy "no stairs" living. Downstairs kitchen and exterior entrance for a "mother-in-law,suite". Separate heated and cooled studio building! Home has private well, lawn irrigation system, and whole house generator. 2nd bedroom currently used as large walk in closet. Slip in neighborhood community boat dock is available. Furniture negotiable!

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 04/22/2015

Last Buyer's Agent

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 04/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1990

Lot Details

  • 1.87 Acre Lot
  • Split Rail Fence
  • Back Yard Fenced
  • Sloped Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,304 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Blinds
  • Lake Views
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Location

  • Outside City Limits

Utilities

  • Cooling Available
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 10, part 11

Community Details

Overview

  • Beaver View Ridge Estates Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Lot Size: Irregular
  • Road Frontage Type: Shared
  • Road Surface Type: Paved
  • Subdivision Name: Beaver View Ridge Estates
  • Directions: From Eureka Springs: Highway 62 west to left onto 187 at Exxon. Continue on 187 and left on to Mundell Road. Mundell Rd to left into Lake Forest subdivision. Follow Lake Forest Drive to the house on your right.
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: House
  • Year Built: 1990
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Trash Compactor
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Pellet Stove, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Wet Bar, Ceiling Fan(s), Cathedral Ceiling(s), Granite Counters
  • Living Area: 3304.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Split Rail
  • Lot Features: Outside City Limits, Sloped, Views, Wooded
  • View: Lake
  • View: Yes
  • Construction Type: Other, See Remarks
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage, Asphalt, Circular Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Septic Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Boat Slip

Schools

  • Junior High Dist: Eureka Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2757.0
  • Tax Block: NA
  • Tax Lot: 10, part 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Sep 9, 2015
Bought by
Marsh Richard and Marsh Kelly
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Adam Biossat
Bay Realty, Inc.
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%
Current Estimated Value
$716,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,493
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Sep 25, 2009
Sold by
Seay Enterprises Inc
Bought by
Seay Eric and Seay Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2005
Sold by
Stuckenbroker
Bought by
Mcdaniel

Purchase Details

Closed on
Feb 1, 1991
Sold by
Not Provided
Bought by
Not Provided

Purchase Details

Closed on
Nov 21, 1989
Bought by
Rowland To Partridge

Purchase Details

Closed on
Mar 10, 1988
Bought by
Best To Partridge
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marsh Richard $355,000 --
Seay Eric -- None Available
Mcdaniel $315,000 --
Not Provided $95,000 --
Rowland To Partridge $10,000 --
Best To Partridge $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seay Eric $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $355,000 -5.3% $107 / Sq Ft
08/05/2015 08/05/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $374,900 -- $113 / 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
2024 $2,963 $83,150 $8,000 $75,150
2023 $2,938 $83,150 $8,000 $75,150
2022 $3,792 $83,150 $8,000 $75,150
2021 $3,288 $68,320 $4,400 $63,920
2020 $3,288 $68,320 $4,400 $63,920
2019 $3,307 $68,320 $4,400 $63,920
2018 $3,306 $68,320 $4,400 $63,920
2017 $3,077 $68,320 $4,400 $63,920
2016 $2,757 $57,280 $4,000 $53,280
2014 -- $57,280 $4,000 $53,280
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Adam Biossat

    Bay Realty, Inc.

    (479) 253-7777

    164 Total Sales

    Adam Biossat
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 731908

Northwest Arkansas Board of REALTORS®

APN: 450-00010-000

Arkansas Carroll County Eureka Springs 72631

500 Lake Forest Dr, Eureka Springs, AR

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.

Nearby Homes