NOT LISTED FOR SALE

540 Melrose Place Bentonville, AR 72712

Estimated Value: $498,642 - $602,000

4 Beds
3 Baths
2,564 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $314,772 $123 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,219/month

189 Days on Market

Highlights

  • New Construction
  • Attic
  • Covered Patio or Porch
  • Centerton Gamble Elementary School Rated A
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of November 2020

This plan series offers plenty of room for a growing family with over 2,500 square feet of living space, four bedrooms and three bathrooms. It features a formal dining room and a spacious family area for plenty of room to play and dine. The master suite includes his and hers bathroom vanities, walk-in closets, and separate tub and shower. Also enjoy a brick fireplace in the living area and granite countertops in the kitchen.

Taxes subject to change based on new construction.

Last Agent to Sell the Property

Schuber Mitchell Team

Limbird Real Estate Group Listed on: 04/14/2020

Last Buyer's Agent

Non MLS

Non MLS Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Cleared Lot

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Home to be built
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Blinds
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Smart Home
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Orchard Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 102 / /

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,575

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public Road
  • Subdivision Name: Orchard Park
  • Directions: From Hwy 72, turn onto Walters Road, then turn left onto Arkansas Black, left onto Macintosh Way, left onto Melrose Place and the house will be on your right.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Granite Counters, Pantry, Split Bedrooms, Smart Home, Walk-In Closet(s)
  • Living Area: 2564.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Cleared, None, Subdivision
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered
  • Property Condition: To Be Built
  • 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: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: /
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Nov 20, 2020
Sold by
Schuber Mitchell Homes Llc
Bought by
Lowe Grant L and Lowe Betty A
Seller's Agent
Schuber Mitchell Team
Limbird Real Estate Group
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$319,612
Sold Price
$314,772
Premium/Discount to List
-$4,840
-1.51%
Current Estimated Value
$531,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,345
Avg. Annual Appreciation
11.04%
Original Mortgage
$320,923
Outstanding Balance
$289,458
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$227,112
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lowe Grant L $314,772 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowe Grant L $320,923
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $314,772 -1.5% $123 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $319,612 -- $125 / 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 $3,575 $86,862 $19,600 $67,262
2023 $3,405 $55,180 $11,000 $44,180
2022 $3,112 $55,180 $11,000 $44,180
2021 $3,084 $55,180 $11,000 $44,180
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Schuber Mitchell Team

    Limbird Real Estate Group

    Section Image

  • N

    Buyer's Agent in 2020

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1144612

Northwest Arkansas Board of REALTORS®

APN: 06-06290-000

Arkansas Benton County Bentonville 72712

540 Melrose Place, Bentonville, AR

This home is located at 540 Melrose Place, Bentonville, AR 72712 since 14 April 2020 and is currently estimated at $537,161, approximately $209 per square foot. This property was built in 2020. 540 Melrose Place is a home located in Benton County with nearby schools including Centerton Gamble Elementary School, Ardis Ann Middle School, and Lincoln 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.

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.

Nearby Homes