NOT LISTED FOR SALE

503 Drake St Bentonville, AR 72712

Estimated Value: $397,000 - $445,000

3 Beds
2.5 Baths
1,758 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $158,500 $90 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,567/month

54 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Walk-In Closet
  • Ruth Barker Middle School Rated A
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of September 2013

Must see. Split plan in fantastic neighborhood. 15 minutes from Beaver Lake. Very close access to 540. Home shows beautifully with open floor plan, beautiful kitchen and updates everywhere! Master bedroom is a must see! Huge backyard with private fence!

Last Agent to Sell the Property

Trina Hammond

Keller Williams Market Pro Realty Branch Office License #EB00065426 Listed on: 06/27/2013

Keller Williams Market Pro Realty Branch Office

Last Buyer's Agent

Brenda Parker

REMAX Real Estate Results License #SA00057210

REMAX Real Estate Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,835

Year Built

  • Built in 2001

Lot Details

  • 8,276 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • College Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,835

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: College Place
  • Directions: From 540, exit 86, east on SE 14th, left on Watertower Road, right on SE 8th, Left on Drake
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Plumbed For Ice Maker
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 1758.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Privacy, Wood
  • Lot Features: Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Schools, Sidewalks

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1835.0
  • Tax Block: 7
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Bever Anna Catherine
Bought by
Anna Bever Revocable Trust and Bever
Current Estimated Value
$430,149

Purchase Details

Closed on
Sep 24, 2015
Sold by
Smith Tracy E
Bought by
Bever Anna Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 27, 2013
Closed on
Sep 20, 2013
Sold by
The Michael & Holly Chaney Family Trust
Bought by
Smith Tracy E
Seller's Agent
Trina Hammond
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Brenda Parker
REMAX Real Estate Results
List Price
$160,000
Sold Price
$158,500
Premium/Discount to List
-$1,500
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$125,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2012
Sold by
Chaney Michael
Bought by
Chaney Michael P and Chaney Holly J

Purchase Details

Closed on
Oct 8, 2003
Bought by
Chaney

Purchase Details

Closed on
Feb 11, 2000
Bought by
Smurl
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
Anna Bever Revocable Trust -- None Listed On Document
Bever Anna Catherine $175,000 Realty Title & Closing Svcs
Smith Tracy E $159,000 Realty Title & Closing Servi
Chaney Michael P -- None Available
Chaney $158,000 --
Smurl -- --
Smurl $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bever Anna Catherine $171,830
Previous Owner Smith Tracy E $34,000
Previous Owner Smith Tracy E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $158,500 -0.9% $90 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $160,000 -- $91 / 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 $2,674 $78,726 $19,600 $59,126
2023 $2,547 $50,010 $16,000 $34,010
2022 $2,120 $50,010 $16,000 $34,010
2021 $1,999 $50,010 $16,000 $34,010
2020 $1,908 $35,840 $6,000 $29,840
2019 $1,908 $35,840 $6,000 $29,840
2018 $1,933 $35,840 $6,000 $29,840
2017 $1,861 $35,840 $6,000 $29,840
2016 $1,861 $35,840 $6,000 $29,840
2015 $2,055 $33,260 $8,000 $25,260
2014 $1,705 $33,260 $8,000 $25,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 683976

Northwest Arkansas Board of REALTORS®

APN: 01-08601-000