NOT LISTED FOR SALE

515 N Cato Springs Rd Fayetteville, AR 72701

Estimated Value: $334,000 - $421,000

4 Beds
2.5 Baths
1,908 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $261,500 $137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,244/month

12 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Colonial Architecture
  • Home fronts a creek
  • 3 Acre Lot
  • Deck

About This Home

As of November 2022

Opportunity for large family, nestled on 3 acres with a running stream. Located minutes from U of A, Mt. Kessler Park and city trails. Large master bedroom with beam cathedral ceiling. The 4th bedroom is not pictured with full bath and sunroom to outside deck. Workshop is 30 x 26, and the floors are concrete. RV parking and workshop barn combo (32 x 30). Enjoy sunrooms, covered patios and decks. Tremendous potential with a little TLC. “Sold As-Is”. Home warranty. Seller to pay up to and not to exceed $4000 of buyers closing cost/prepaids with full price offer.

Last Agent to Sell the Property

Marcia Martin

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00045429 Listed on: 09/27/2022

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

Marcia Martin

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00045429 Listed on: 09/27/2022

Coldwell Banker Harris McHaney & Faucette -Fayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1981

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 381 x 226 x 374 x 26
  • Home fronts a creek
  • East Facing Home
  • Back Yard Fenced
  • Cleared Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Masonite
  • Cedar

Interior Spaces

  • 1,908 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Dryer
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Circular Driveway
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Farming

  • Barn

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • No Home Owners Association
  • Greenland Outlots Subdivision

Amenities

  • Shops

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Lot Size: 381 x 226 x 374 x 26
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Greenland Outlots
  • Directions: I-49 South exit 60, right on Cato Springs Road, 2.3 miles to property on the right.
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave Hood Fan, Microwave
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Sun Room
  • Living Area: 1908.0
  • Dining Room Type: Sunroom
  • Window Features: Double Pane Windows, Metal
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared, Subdivision, Wooded
  • Pool Features: None
  • Waterfront Features: Creek
  • Home Warranty: Yes
  • Construction Type: Brick, Cedar, Masonite
  • Direction Faces: East
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Barn(s), Outbuilding, Storage, Workshop
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Circular Driveway, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Trails/Paths
  • Association: No

Schools

  • Junior High Dist: Greenland

Lot Info

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

Tax Info

  • Tax Annual Amount: 973.0
  • Tax Block: na
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Nov 14, 2022
Sold by
Bushey Paul M
Bought by
Williams Phillip Jay
Seller's Agent
Marcia Martin
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
Marcia Martin
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$295,000
Sold Price
$261,500
Premium/Discount to List
-$33,500
-11.36%
Views
11
Current Estimated Value
$368,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,571
Avg. Annual Appreciation
11.61%
Original Mortgage
$209,200
Outstanding Balance
$203,097
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$152,193

Purchase Details

Closed on
Jun 2, 2021
Sold by
Bushey Paul M and Benham Kimberly Ann
Bought by
Bushey Paul M and Benham Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Dec 24, 2019
Closed on
May 1, 2020
Sold by
Wallworth Adam
Bought by
Bushey Paul M
Seller's Agent
Adam Steenken
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
Margie Moldenhauer
RE/MAX Associates
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$195,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 16, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Wallworth Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,873
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 2008
Sold by
Cate Tommy Lane and Cate Inette Ann
Bought by
Trainer Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,773
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1988
Bought by
Cate Tommy Lane and Inette Ann
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
Williams Phillip Jay $261,500 Mercury Title
Bushey Paul M $195,000 Mercury Title
Bushey Paul M $195,000 Mercury Title
Wallworth Adam -- Professional Land Title Comp
Trainer Jennifer M $177,000 Waco Title Company
Cate Tommy Lane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Phillip Jay $51,052
Closed Williams Phillip $13,455
Open Williams Phillip Jay $209,200
Previous Owner Bushey Paul M $224,000
Previous Owner Bushey Paul M $195,000
Previous Owner Wallworth Adam $113,873
Previous Owner Trainer Jennifer M $176,379
Previous Owner Trainer Jennifer M $173,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $261,500 -11.4% $137 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $295,000 +51.3% $155 / Sq Ft
05/01/2020 05/01/20 Sold $195,000 -7.1% $102 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
12/24/2019 12/24/19 For Sale $210,000 -- $110 / 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 $2,904 $60,250 $17,500 $42,750
2023 $2,606 $53,300 $17,500 $35,800
2022 $221 $35,130 $8,750 $26,380
2021 $1,343 $35,130 $8,750 $26,380
2020 $447 $35,130 $8,750 $26,380
2019 $973 $27,570 $11,250 $16,320
2018 $998 $27,570 $11,250 $16,320
2017 $984 $27,570 $11,250 $16,320
2016 $984 $27,570 $11,250 $16,320
2015 $984 $27,570 $11,250 $16,320
2014 $1,262 $33,300 $11,250 $22,050
Source: Public Records

Agents Affiliated with this Home

  • Marcia Martin

    Seller's Agent in 2022

    Marcia Martin

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 313-5806

    2 in this area

    47 Total Sales

    Marcia Martin
    Section Image
  • Adam Steenken

    Seller's Agent in 2020

    Adam Steenken

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 445-7099

    2 in this area

    187 Total Sales

    Adam Steenken
    Section Image
  • Margie Moldenhauer

    Buyer's Agent in 2020

    Margie Moldenhauer

    RE/MAX

    (479) 341-5526

    5 in this area

    301 Total Sales

    Margie Moldenhauer
    Section Image

  • T

    Buyer's Agent in 2020

    The Moldenhauer Group

    RE/MAX

    (479) 341-5531

    7 in this area

    944 Total Sales

    The Moldenhauer Group
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1230070

Northwest Arkansas Board of REALTORS®

APN: 775-18029-000

Arkansas Washington County Fayetteville 72701

515 N Cato Springs Rd, Fayetteville, AR

This home is located at 515 N Cato Springs Rd, Fayetteville, AR 72701 since 27 September 2022 and is currently estimated at $368,071, approximately $192 per square foot. This property was built in 1981. 515 N Cato Springs Rd is a home located in Washington County with nearby schools including Greenland Middle School, Greenland Elementary School, and Greenland 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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