NOT LISTED FOR SALE

501 W Cato Springs Rd Fayetteville, AR 72701

Fayette Junction Neighborhood

Estimated Value: $264,000 - $277,000

3 Beds
2 Baths
1,593 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $106,000 $67 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,622/month

359 Days on Market

Highlights

  • 0.32 Acre Lot
  • Deck
  • Wood Flooring
  • Fayetteville High School Rated A
  • Wood Burning Stove
  • Attic

About This Home

As of August 2018

Built in 1943, this home is solid! Charming 3 bedroom, 2 bath home with formal dining room or 2nd living area. Second bath is handicap accessible. Storage building in back with electricity. Large family room with wood stove. Vacant. Sold as-is, Conveniently located in south Fayetteville, just off 71B and Cato Springs Road.

Last Agent to Sell the Property

Lisa Darling

Keller Williams Market Pro Realty License #EB00079514 Listed on: 08/03/2017

Keller Williams Market Pro Realty

Last Buyer's Agent

Chris Newland

Better Homes and Gardens Real Estate Journey License #SA00074861

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1943

Lot Details

  • 0.32 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Pellet Stove burns compressed wood to generate heat
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Meadowlark Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,111

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Frontage Type: Public Road, Shared
  • Subdivision Name: Meadowlark Add
  • Directions: South on 71B to Cato Springs Road. Turn Right. House is on left on corner of Selle and Cato Springs Road.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1943
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Pellet Stove, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), None, Wood Burning Stove
  • Living Area: 1593.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link, Fenced
  • Lot Features: Cleared, Corner Lot, Level
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Carport, Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1111.0
  • Tax Block: 8
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2021
Sold by
Kline Arthur F and Kline Bridget A
Bought by
Kline Arthur F and Kline Bridget Davis
Current Estimated Value
$271,019

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 28, 2018
Sold by
Thi Hayes Thomas D and Thi Tuyet Hahn Duong
Bought by
Kline Arthur F and Kline Bridget G
Seller's Agent
Lisa Darling
Keller Williams Market Pro Realty
Buyer's Agent
Chris Newland
Better Homes and Gardens Real Estate Journey
List Price
$172,500
Sold Price
$106,000
Premium/Discount to List
-$66,500
-38.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$95,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Thomas Mary Lajoyce
Bought by
Hayes Thomas D and Hayes Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1985
Bought by
Thomas Billie Joe and Thomas Mary
Source: Public Records

Range of Values:

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Average Value
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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
Kline Arthur F -- None Available
Kline Arthur F $106,000 Waco Title Co
Hayes Thomas D -- Waco Title Co
Hayes Thomas D $96,000 Elite Title Company Inc
Thomas Billie Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Arthur $60,000
Closed Kline Arthur F $98,000
Closed Kline Arthur F $95,400
Previous Owner Hayes Thomas D $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $106,000 -38.6% $67 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
08/03/2017 08/03/17 For Sale $172,500 -- $108 / 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 $1,774 $41,200 $16,200 $25,000
2023 $1,653 $41,200 $16,200 $25,000
2022 $1,503 $25,930 $12,000 $13,930
2021 $1,423 $25,930 $12,000 $13,930
2020 $1,304 $25,930 $12,000 $13,930
2019 $1,186 $20,460 $5,500 $14,960
2018 $1,186 $20,460 $5,500 $14,960
2017 $1,175 $20,460 $5,500 $14,960
2016 $1,175 $20,460 $5,500 $14,960
2015 $1,111 $20,460 $5,500 $14,960
2014 $992 $17,136 $4,810 $12,326
Source: Public Records

Agents Affiliated with this Home

  • Lisa Darling

    Seller's Agent in 2018

    Lisa Darling

    Keller Williams Market Pro Realty

    (479) 387-5912

    2 in this area

    170 Total Sales

    Lisa Darling
    Section Image

  • C

    Buyer's Agent in 2018

    Chris Newland

    Better Homes and Gardens Real Estate Journey

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1052567

Northwest Arkansas Board of REALTORS®

APN: 765-08311-000

Arkansas Washington County Fayetteville 72701 Fayette Junction

501 W Cato Springs Rd, Fayetteville, AR

This home is located at 501 W Cato Springs Rd, Fayetteville, AR 72701 since 03 August 2017 and is currently estimated at $271,019, approximately $170 per square foot. This property was built in 1943. 501 W Cato Springs Rd is a home located in Washington County with nearby schools including Leverett Elementary School, Owl Creek School, and Ramay 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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