NOT LISTED FOR SALE

506 W Ridge Dr Conway, AR 72034

Southwest Conway Neighborhood

Estimated Value: $614,000 - $661,000

4 Beds
3 Baths
3,948 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $490,000 $124 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,855/month

Highlights

  • Sitting Area In Primary Bedroom
  • 2.14 Acre Lot
  • Wood Flooring
  • Carl Stuart Middle School Rated A-
  • Contemporary Architecture
  • Workshop

About This Home

As of April 2022

Vista Views, Secluded, Over 2 Acres, Unique Home, Quiet Cul-de-sac, all in west Conway. Home features beautiful open stairway, Hardwood floors. Beautiful living room with gas fireplace, French doors into the Dining room, Beautiful office with built-ins and bookcases. Kitchen features breakfast bar and island, wall oven, cooktop, , granite countertops & floors. Huge master bedroom with heart shaped whirlpool and walk-in closet. 15x35 detached Shop. 2300 sf of patio area, fountains and statues.

Last Agent to Sell the Property

Pat Edwards

ERA TEAM Real Estate Listed on: 10/19/2021

ERA TEAM Real Estate

Last Buyer's Agent

Sophia Huynh

ERA TEAM Real Estate

ERA TEAM Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1992

Lot Details

  • 2.14 Acre Lot
  • Cul-De-Sac
  • Sloped Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 3,948 Sq Ft Home
  • 2-Story Property
  • Fireplace With Glass Doors
  • Fireplace With Gas Starter
  • Formal Dining Room
  • Workshop
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener

Schools

  • Marguerite Vann Elementary School
  • Carl Stuart Middle School
  • Conway High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 71112206007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Contemporary
  • Inside City Limits: Yes
  • LVT Date: 10/19/2021
  • Price Per Sq Ft: 124.11
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Gas Starter, Glass Doors
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bed. Sitting Area, 3 Bedrooms Same Level
  • Estimated Sq Ft: 3948
  • Bedrooms: 4
  • Floors: Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 3
  • Kitchen Equip: Microwave, Surface Range, Dishwasher, Disposal, Pantry, Wall Oven
  • Other Rooms: Workshop/Craft, Laundry
  • Stories: Two Story

Exterior Features

  • Exterior: Stucco
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Auto Door Opener, Four Car Or More, Side Entry

Utilities

  • Utilities: Septic, Water-Public, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Schools

  • Elementary School: Marguerite Vann
  • Middle School: Carl Stuart
  • High School: Conway
  • Junior High: Conway

Lot Info

  • Estimated Lot Size: 2.14
  • Estimated Lot Size: 45x297x445x229x221
  • Lot: Sloped, Cul-De-Sac
  • Geo Subdivision: AR
  • Parcel Number: 71112206007

Green Features

  • Green Features: Tankless Water Heater

Tax Info

  • Annual Taxes: 4221.21
  • Year: 2019

MLS Schools

  • Elementary School: Marguerite Vann
  • HighSchool: Conway
  • Middle School: Carl Stuart

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Apr 27, 2022
Sold by
Hearn Stephen A
Bought by
Le Thanh X and Le Anh Kim
Seller's Agent
Pat Edwards
ERA TEAM Real Estate
Buyer's Agent
Sophia Huynh
ERA TEAM Real Estate
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$637,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,797
Avg. Annual Appreciation
8.01%
Original Mortgage
$392,000
Outstanding Balance
$368,494
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$269,303

Purchase Details

Closed on
Apr 3, 1997
Bought by
Stephen Hearn

Purchase Details

Closed on
Nov 15, 1996
Bought by
Stephen Hearn

Purchase Details

Closed on
Mar 20, 1992

Purchase Details

Closed on
Jan 29, 1992

Purchase Details

Closed on
Jan 17, 1990

Purchase Details

Closed on
Sep 25, 1989

Purchase Details

Closed on
Feb 14, 1989
Bought by
Bill Lot 5
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
Le Thanh X $490,000 Lenders Title Company
Stephen Hearn -- --
Stephen Hearn -- --
-- $45,000 --
-- $45,000 --
-- $42,000 --
-- -- --
Bill Lot 5 $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Thanh X $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $490,000 -6.7% $124 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $525,000 +7.1% $133 / Sq Ft
03/23/2022 03/23/22 Off Market $490,000 -- --
03/12/2022 03/12/22 For Sale $525,000 0.0% $133 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
10/19/2021 10/19/21 For Sale $525,000 -- $133 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $5,849 $148,760 $11,200 $137,560
2023 $5,571 $110,090 $11,200 $98,890
2022 $4,681 $110,090 $11,200 $98,890
2021 $4,451 $110,090 $11,200 $98,890
2020 $4,222 $90,840 $11,200 $79,640
2019 $4,222 $90,840 $11,200 $79,640
2018 $4,247 $90,840 $11,200 $79,640
2017 $4,247 $90,840 $11,200 $79,640
2016 $4,247 $90,840 $11,200 $79,640
2015 $4,592 $90,750 $11,200 $79,550
2014 $4,242 $90,750 $11,200 $79,550
Source: Public Records

Agents Affiliated with this Home

  • Pat Edwards

    Seller's Agent in 2022

    Pat Edwards

    ERA TEAM Real Estate

    (501) 514-3837

    7 in this area

    93 Total Sales

    Pat Edwards
    Section Image

  • S

    Buyer's Agent in 2022

    Sophia Huynh

    ERA TEAM Real Estate

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21034227

Cooperative Arkansas REALTORS® MLS

APN: 711-12206-007

Arkansas Faulkner County Conway 72034 Southwest Conway

506 W Ridge Dr, Conway, AR

This home is located at 506 W Ridge Dr, Conway, AR 72034 since 19 October 2021 and is currently estimated at $637,797, approximately $161 per square foot. This property was built in 1992. 506 W Ridge Dr is a home located in Faulkner County with nearby schools including Marguerite Vann Elementary School, Carl Stuart Middle School, and Conway 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.

Cooperative Arkansas REALTORS® MLS 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.

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