NOT LISTED FOR SALE

505 Drake St Bentonville, AR 72712

Estimated Value: $414,000 - $484,000

4 Beds
3 Baths
1,965 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 08, 2018

Last sale price $225,000 $115 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,660/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Porch
  • Ruth Barker Middle School Rated A
  • Attic
  • 2 Car Attached Garage

About This Home

As of August 2018

Location, location - College Place subdivision. 4 bedrooms, 3 Full baths. Open concept w vaulted ceiling in family room and a fireplace. 3 bdrms down and large bedroom and full bath on second level. Kitchen has been updated with new granite, painted cabinets and stainless appliances. HVAC is an Energy Star 16 seer and only 3 1/2 years old!! Plenty of room to play in the wood privacy fenced back yard. New in ground storm shelter in garage holds 8. Move in ready. Excellent condition.

Last Agent to Sell the Property

Kathi Wingert

Crye-Leike REALTORS Rogers License #EB00057090 Listed on: 06/21/2018

Co-Listed By

Roger Wingert

Wingert Development LLC dba Rogers NWA Real Estate License #PB00051840

Last Buyer's Agent

Becky Arterberry

Lindsey & Assoc Inc Branch License #SA00073507

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,965 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storm Cellar or Shelter
  • Porch

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 7

Community Details

Overview

  • Association fees include common areas
  • College Place Sub Ph 4 Bentonville Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 2000

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 13360
  • Co List Office Phone: 479-636-6633
  • Subdivision Name: College Place Sub Ph 4 Bentonville
  • Directions: From Hwy 102, North on Watertower Road. East on 6th Street. Left on Drake. Home is on your right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Self Cleaning Oven
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)
  • Living Area: 1965.0
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Landscaped, Level, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio, Porch
  • Roof: Architectural, 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: Storm Shelter, Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Hospital, Near Schools, Shopping
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 1752.0
  • Tax Block: 7
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 8, 2018
Sold by
Bowden Jason and Bowden Edna
Bought by
Pulkrabek Ryan Joseph and Pulkrabek Kelsey Quinn
Seller's Agent
Kathi Wingert
Crye-Leike REALTORS Rogers
Buyer's Agent
Becky Arterberry
Lindsey & Assoc Inc Branch
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$445,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,889
Avg. Annual Appreciation
10.18%
Original Mortgage
$200,000
Outstanding Balance
$152,029
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$293,733

Purchase Details

Closed on
Sep 14, 2007
Sold by
Federal National Mortgage Association
Bought by
Bowden Jason and Bowden Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2007
Sold by
Arvest Mortgage Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 11, 2007
Sold by
Rodriguez Emilio A
Bought by
Arvest Mortgage Co

Purchase Details

Closed on
Jun 9, 2005
Sold by
Allbright William Hoe and Allbright Lisa Michelle
Bought by
Rodriguez Emilio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2000
Bought by
Allbright

Purchase Details

Closed on
May 31, 2000
Bought by
Allbright

Purchase Details

Closed on
May 26, 2000
Bought by
Allbright

Purchase Details

Closed on
Feb 4, 2000
Bought by
Hoffman
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
Pulkrabek Ryan Joseph $225,000 Realty Title & Closing Servi
Bowden Jason -- None Available
Federal National Mortgage Association -- None Available
Arvest Mortgage Co $189,793 None Available
Rodriguez Emilio A $196,000 None Available
Allbright -- --
Allbright $138,000 --
Allbright -- --
Hoffman $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pulkrabek Ryan Joseph $200,000
Closed Pulkrabek Ryan Joseph $200,000
Previous Owner Bowden Edna $153,000
Previous Owner Bowden Jason $182,500
Previous Owner Bowden Jason $182,500
Previous Owner Rodriguez Emilio A $176,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2018 08/08/18 Sold $225,000 -4.3% $115 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $235,000 -- $120 / 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 $2,727 $80,943 $19,600 $61,343
2023 $2,597 $50,850 $16,000 $34,850
2022 $2,170 $50,850 $16,000 $34,850
2021 $2,046 $50,850 $16,000 $34,850
2020 $1,953 $36,540 $6,000 $30,540
2019 $1,953 $36,540 $6,000 $30,540
2018 $1,978 $36,540 $6,000 $30,540
2017 $1,923 $36,540 $6,000 $30,540
2016 $1,752 $36,540 $6,000 $30,540
2015 $2,005 $32,450 $8,000 $24,450
2014 $1,655 $32,450 $8,000 $24,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1083292

Northwest Arkansas Board of REALTORS®

APN: 01-08600-000