NOT LISTED FOR SALE

523 W Powerline Place Fayetteville, AR 72701

Estimated Value: $338,000 - $354,000

4 Beds
2 Baths
1,796 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $305,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,048/month

26 Days on Market

Highlights

  • Solar Power System
  • Attic
  • 2 Car Attached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2024

If you are looking for convenience without the chaos this is it! Close to I-49, 10-12 minutes to the U of A but in a small quiet subdivision. Needs a little TLC but tons of potential. All solid surface flooring so great for pets and allergies. Some new paint. Solar panels that generate enough to nearly pay the electric bill. New roof and added insulation installed with the solar panels in 2020. Nice large back yard for whatever suits your fancy. Home warranty included!
Seller offering $2,500.00 toward buyers closing costs with acceptable offer.

Last Agent to Sell the Property

Robin Duncan

REMAX Real Estate Results Brokerage Phone: 479-271-9595 License #EB00074683 Listed on: 06/07/2024

REMAX Real Estate Results

Last Buyer's Agent

Rhonda Scott

All Around Real Estate NWA Branch License #EB00046444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • North Facing Home
  • Back Yard Fenced
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 1,796 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Solar Power System
  • Covered Patio or Porch
  • City Lot

Community Details

  • Lee Valley Sub Ph Iii Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3115
  • Road Frontage Type: Public Road
  • Subdivision Name: Lee Valley Sub Ph Iii
  • Directions: From I-49 take exit 58/Greenland and go east, turn left on Letitia ave and then left on Powerline Place, house will be on left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-271-9595
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1796.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial
  • Lot Features: City Lot, Landscaped, Level, None, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered
  • 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: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • 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

Schools

  • Junior High Dist: Greenland

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1716.0
  • Tax Block: NA
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jan 28, 2019
Sold by
Smothers Laurie E
Bought by
Anderson Jerome Lee
Seller's Agent
Peggy Lucero
RE/MAX Associates, LLC
Buyer's Agent
Lauren Lowery
Lindsey & Associates Inc
List Price
$193,900
Sold Price
$192,000
Premium/Discount to List
-$1,900
-0.98%
Current Estimated Value
$347,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,217
Avg. Annual Appreciation
9.42%
Original Mortgage
$186,240
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Lee Robert J
Bought by
Smothers Richard L and Smothers Laurie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Anderson Jerome Lee $192,000 City 7 Closing
Smothers Richard L $127,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Jerome Lee $187,700
Closed Anderson Jerome Lee $187,700
Closed Anderson Jerome Lee $186,240
Previous Owner Smothers Lurie E $132,000
Previous Owner Smothers Laurie E $11,653
Previous Owner Smothers Laurie E $20,736
Previous Owner Smothers Richard L $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $305,000 -8.1% $170 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $332,000 -1.5% $185 / Sq Ft
06/20/2024 06/20/24 Price Changed $337,000 -0.7% $188 / Sq Ft
06/13/2024 06/13/24 For Sale $339,500 +76.8% $189 / Sq Ft
01/28/2019 01/28/19 Sold $192,000 -1.0% $107 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $193,900 -- $108 / 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 $1,872 $52,260 $7,000 $45,260
2023 $1,741 $52,260 $7,000 $45,260
2022 $1,207 $32,360 $3,500 $28,860
2021 $1,207 $32,360 $3,500 $28,860
2020 $1,582 $32,360 $3,500 $28,860
2019 $983 $27,780 $5,000 $22,780
2018 $1,008 $27,780 $5,000 $22,780
2017 $995 $27,780 $5,000 $22,780
2016 $995 $27,780 $5,000 $22,780
2015 $995 $27,780 $5,000 $22,780
2014 $937 $26,600 $5,000 $21,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1278314

Northwest Arkansas Board of REALTORS®

APN: 775-38987-000