NOT LISTED FOR SALE

507 Old Forge Dr Bentonville, AR 72712

Estimated Value: $476,000 - $547,000

3 Beds
2.5 Baths
2,009 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $385,000 $192 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,977/month

22 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Granite Countertops
  • Thomas Jefferson Elementary School Rated A
  • Traditional Architecture
  • Cul-De-Sac

About This Home

As of October 2022

Beautiful home, incredible location! Minutes from Downtown and less than a mile away from Coler Mountain Bike Preserve with protected bike lanes all the way. Nestled in lots of mature trees at the end of a quiet culdesac in an established neighborhood. Featuring an oversized kitchen with tons of storage and a dining/bonus room. All upstairs living provides you plenty of space to entertain and then tuck away at the end of the night in the quiet tree tops. Enjoy the privacy and beauty of the woods with all the convenience of city living. Seller offering one year home warranty!

Last Agent to Sell the Property

William Payne

Flat Fee Realty License #PB00069754 Listed on: 08/30/2022

Last Buyer's Agent

Michael Lamm

Better Homes and Gardens Real Estate Journey License #EB00078866

Better Homes and Gardens Real Estate Journey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Cedar

Interior Spaces

  • 2,009 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • 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
  • Electric Water Heater

Community Details

  • Sturbridge Sub Bentonville Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1995

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Sturbridge Sub Bentonville
  • Directions: From Walton Blvd., West on NW 3rd St. Rt on Old Forge Dr. Follow into cul-de-sac.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1995

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Plumbed For Ice Maker
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Walk-In Closet(s)
  • Living Area: 2009.0
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Subdivision, Views, Wooded
  • Pool Features: None
  • View: Yes
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick, Cedar
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Deck
  • 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: Smoke Detector(s)
  • Cooling: Central Air
  • 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: Near Schools
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1572.0
  • Tax Block: --
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 18, 2022
Sold by
George Chad A and George Natalie R
Bought by
Gowen Carson and Gowen Hunter J
Seller's Agent
William Payne
Flat Fee Realty
Buyer's Agent
Michael Lamm
Better Homes and Gardens Real Estate Journey
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$507,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,571
Avg. Annual Appreciation
9.33%
Original Mortgage
$346,461
Outstanding Balance
$333,202
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$174,369

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 27, 2019
Sold by
Jordan Shirley F
Bought by
George Chad A and George Natalie R
Seller's Agent
Natalie Edwards
Better Homes and Gardens Real Estate Journey Bento
Buyer's Agent
Rebecca Heath
Sudar Group
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$217,550
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Springer Darrell R and Springer Jennifer D
Bought by
Jordan Shirley F

Purchase Details

Closed on
Jun 17, 1997
Bought by
Springer

Purchase Details

Closed on
Jan 30, 1997
Bought by
Andras

Purchase Details

Closed on
Jan 31, 1995
Bought by
Bacon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gowen Carson $385,000 First National Title
George Chad A $229,000 Waco Title Company
Jordan Shirley F $180,000 None Available
Springer $143,000 --
Andras $138,300 --
Bacon $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gowen Carson $346,461
Previous Owner George Chad A $217,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $385,000 0.0% $192 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $385,000 0.0% $192 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $385,000 +68.1% $192 / Sq Ft
03/27/2019 03/27/19 Sold $229,000 0.0% $114 / Sq Ft View Prior Sale
02/28/2019 02/28/19 For Sale $229,000 -- $114 / 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
2025 $3,506 $77,353 $24,000 $53,353
2024 $3,229 $77,353 $24,000 $53,353
2023 $2,935 $47,492 $11,400 $36,092
2022 $2,303 $46,270 $11,400 $34,870
2021 $2,173 $46,270 $11,400 $34,870
2020 $2,076 $38,470 $7,400 $31,070
2019 $1,547 $38,470 $7,400 $31,070
2018 $1,572 $38,470 $7,400 $31,070
2017 $1,511 $38,470 $7,400 $31,070
2016 $1,511 $38,470 $7,400 $31,070
2015 $1,865 $31,930 $8,100 $23,830
2014 $1,515 $31,930 $8,100 $23,830
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    William Payne

    Flat Fee Realty

    (479) 236-4044

    39 in this area

    294 Total Sales

    William Payne
    Section Image
  • Michael Lamm

    Buyer's Agent in 2022

    Michael Lamm

    Better Homes and Gardens Real Estate Journey

    (479) 212-1940

    9 in this area

    84 Total Sales

    Michael Lamm
    Section Image
  • Natalie Edwards

    Seller's Agent in 2019

    Natalie Edwards

    Better Homes and Gardens Real Estate Journey Bento

    (479) 531-4663

    59 in this area

    206 Total Sales

    Natalie Edwards
    Section Image

  • R

    Buyer's Agent in 2019

    Rebecca Heath

    Sudar Group

    (479) 866-9239

    8 in this area

    33 Total Sales

    Rebecca Heath
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1228008

Northwest Arkansas Board of REALTORS®

APN: 01-06285-000

Arkansas Benton County Bentonville 72712

507 Old Forge Dr, Bentonville, AR

Not Listed for Sale

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