NOT LISTED FOR SALE

515 Oak Run Ln Cave Springs, AR 72718

Estimated Value: $510,895 - $620,000

4 Beds
2 Baths
2,422 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $272,500 $113 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,102/month

14 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Patio
  • Janie Darr Elementary School Rated A
  • Cooling Available
  • Central Heating

About This Home

As of March 2020

Beautiful 4 bed 2 bath home JUST LISTED! PRICED TO SELL from the open living concept with exceptional, spacious kitchen (with gas stove) to a relaxing Master Suite where you can escape from the hustle and bustle. Your family will love the split floor plan with an extra large bonus room that could be the perfect 4th bedroom or Media Room. A stone's throw from shopping, entertainment and all that life has to offer in NW Arkansas. Welcome home!

Last Agent to Sell the Property

Howard Group

eXp Realty NWA Branch Listed on: 01/17/2020

Last Buyer's Agent

Ashley Fox

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00081416

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 2016

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 0.32 Acre Lot

Community Details

  • Brentwood Cave Spgs Subdivision

Listing and Financial Details

  • Tax Lot 169

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,709

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Frontage Type: Shared
  • Subdivision Name: Brentwood Cave Spgs
  • Directions: 515 Oak Run Ln, Cave Springs AR
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2016
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Counter Top, Dishwasher, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 2422.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Subdivision
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Security: Security System, Fire Alarm, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Near Schools

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2709.0
  • Tax Block: 0
  • Tax Lot: 169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Mar 2, 2020
Sold by
Louis Jacob and Faith Louis M
Bought by
Merkel Alexandra Dins and Merkel Robert
Seller's Agent
Howard Group
eXp Realty NWA Branch
Buyer's Agent
Ashley Fox
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$275,500
Sold Price
$272,500
Premium/Discount to List
-$3,000
-1.09%
Current Estimated Value
$515,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,167
Avg. Annual Appreciation
11.47%
Original Mortgage
$202,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2015
Closed on
Oct 7, 2016
Sold by
Pursley Paul
Bought by
Faith Louis Jacob and Faith Louis M
Seller's Agent
Motus Group
Keller Williams Market Pro Realty
Buyer's Agent
Margie Ivy
Better Homes and Gardens Real Estate Journey Bento
List Price
$32,900
Sold Price
$205,000
Premium/Discount to List
$172,100
523.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$201,286
Interest Rate
3.25%
Mortgage Type
FHA
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
Merkel Alexandra Dins $272,500 Advantage Title & Escrow
Faith Louis Jacob $205,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkel Alexander Dins $201,500
Closed Merkel Alexandra Dins $202,000
Closed Merkel Alexandra Dins $202,000
Previous Owner Faith Louis Jacob $201,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $272,500 -1.1% $113 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/17/2020 01/17/20 For Sale $275,500 +34.4% $114 / Sq Ft
10/10/2016 10/10/16 Sold $205,000 +523.1% $85 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
07/08/2015 07/08/15 For Sale $32,900 -- $14 / 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 $3,346 $91,418 $10,000 $81,418
2023 $3,187 $60,020 $4,400 $55,620
2022 $3,591 $60,020 $4,400 $55,620
2021 $3,583 $60,020 $4,400 $55,620
2020 $2,801 $47,090 $6,000 $41,090
2019 $2,684 $43,310 $6,000 $37,310
2018 $2,709 $43,310 $6,000 $37,310
2017 $856 $43,310 $6,000 $37,310
2016 $856 $6,000 $6,000 $0
2015 $132 $2,600 $2,600 $0
2014 -- $2,600 $2,600 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Howard Group

    eXp Realty NWA Branch

  • A

    Buyer's Agent in 2020

    Ashley Fox

    Coldwell Banker Harris McHaney & Faucette-Rogers

  • Motus Group

    Seller's Agent in 2016

    Motus Group

    Keller Williams Market Pro Realty

    (479) 601-7580

    38 in this area

    312 Total Sales

    Section Image
  • Margie Ivy

    Buyer's Agent in 2016

    Margie Ivy

    Better Homes and Gardens Real Estate Journey Bento

    (479) 366-7285

    2 in this area

    248 Total Sales

    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1137422

Northwest Arkansas Board of REALTORS®

APN: 05-11753-000

Arkansas Benton County Cave Springs 72718

515 Oak Run Ln, Cave Springs, AR

This home is located at 515 Oak Run Ln, Cave Springs, AR 72718 since 17 January 2020 and is currently estimated at $543,474, approximately $224 per square foot. This property was built in 2016. 515 Oak Run Ln is a home located in Benton County with nearby schools including Janie Darr Elementary School, Elmwood Middle School, and Rogers 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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