NOT LISTED FOR SALE

5508 Lexington Ave Benton, AR 72019

Estimated Value: $329,000 - $349,000

3 Beds
2.5 Baths
2,093 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $280,000 $134 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,168/month

4 Days on Market

Highlights

  • Marina
  • Lakefront Common Area
  • Deck
  • Springhill Elementary School Rated A
  • Clubhouse
  • Traditional Architecture

About This Home

As of February 2022

Fantastic buy in HURRICANE LAKE ESTATES!! Opportunity Galore!! Nearly 2,100sf with 3 brs/2.5 baths all on one floor! Nice, large kitchen with granite, refrigerator that stays, newer stove and microwave! Formal Dining & Large Living Room with newer LVP flooring! Large master with updated tile shower (with 3 shower heads)& lighting! 2 other brs share jack/jill bath, and there's another 1/2 bath for guests! Fully fenced yard, 2 decks! 2-car courtyard entry garage brings great street appeal! See Agent remarks!!

Last Agent to Sell the Property

Kim Creighton

Baxley-Penfield-Moudy Realtors Listed on: 01/26/2022

Last Buyer's Agent

Lynda Keel

McGraw Realtors - Benton

McGraw Realtors - Benton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 2006

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Level Lot

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,093 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Lakefront Common Area
  • Deck
  • Patio

Schools

  • Bethel Middle School
  • Bryant High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Gas Water Heater

Listing and Financial Details

  • $592 per year additional tax assessments

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,482

Year Built

Built in 2006

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Fully Fenced, Guttering, Wood Fence
  • Inside City Limits: Yes
  • Lake Name: Hurricane Lake
  • LVT Date: 01/26/2022
  • Price Per Sq Ft: 133.78
  • Road Surface: Paved
  • Street Designation: Avenue
  • Termite Company: ADAMS
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2006
  • Internet Type: Internet-DSL
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Breakfast Bar, Separate Breakfast Rm, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2093
  • Bedrooms: 3
  • Floors: Laminate, Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Surface Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Picnic Area, Mandatory Fee, Marina, Fitness/Bike Trail
  • Condo Association Fee: 64
  • Frequency: Monthly

Schools

  • Middle School: Bethel
  • High School: Bryant
  • Junior High: Bryant

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 80X140
  • Lot: Level, In Subdivision, Common To Lake
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 2482.05
  • Year: 2021

MLS Schools

  • HighSchool: Bryant
  • Middle School: Bethel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 7, 2022
Sold by
Gatch Jeri L and Gatch Marc M
Bought by
Phan Thuan
Seller's Agent
Kim Creighton
Baxley-Penfield-Moudy Realtors
Buyer's Agent
Lynda Keel
McGraw Realtors - Benton
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%
Current Estimated Value
$342,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,334
Avg. Annual Appreciation
5.88%
Original Mortgage
$200,000
Outstanding Balance
$187,063
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$155,271

Purchase Details

Listed on
Nov 10, 2019
Closed on
Jan 7, 2020
Sold by
Secretary Of Veterans Affairs
Bought by
Gatch Marc
Seller's Agent
Mark Leggett
Crye-Leike REALTORS Kanis Branch
Buyer's Agent
Kim Creighton
Baxley-Penfield-Moudy Realtors
List Price
$196,500
Sold Price
$196,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.00%
Original Mortgage
$186,675
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2019
Closed on
Dec 12, 2019
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs
Seller's Agent
Mark Leggett
Crye-Leike REALTORS Kanis Branch
Buyer's Agent
Kim Creighton
Baxley-Penfield-Moudy Realtors
List Price
$196,500
Sold Price
$196,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,675
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2019
Sold by
Wilson Anthony Dwayne
Bought by
Wells Fargo Bank Na

Purchase Details

Listed on
May 30, 2012
Closed on
Sep 25, 2012
Sold by
Gregory Joseph P
Bought by
Wilson Anthony Dwayne
Seller's Agent
Terri Summers
Crye-Leike REALTORS Bryant
Buyer's Agent
Shawna Reed
IRealty Arkansas - Benton
List Price
$227,900
Sold Price
$220,000
Premium/Discount to List
-$7,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$224,729
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 15, 2012
Sold by
Gregory Joseph P
Bought by
Wilson Anthony Dwayne
Seller's Agent
Terri Summers
Crye-Leike REALTORS Bryant
Buyer's Agent
Shawna Reed
IRealty Arkansas - Benton
List Price
$227,900
Sold Price
$220,000
Premium/Discount to List
-$7,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,729
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2006
Sold by
Pellegrino Construction Inc
Bought by
Gregory Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
Sold by
Das Homes Llc
Bought by
Pellegrino Construction Inc

Purchase Details

Closed on
Nov 2, 2004
Bought by
Das Homes

Purchase Details

Closed on
Oct 27, 2004
Bought by
Das Homes
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
Phan Thuan $280,000 First National Title
Gatch Marc $196,500 First National Title
Secretary Of Veterans Affairs -- None Available
Wells Fargo Bank Na $180,707 None Available
Wilson Anthony Dwayne $220,000 None Available
Wilson Anthony Dwayne $220,000 None Available
Gregory Joseph P $220,000 --
Pellegrino Construction Inc $40,000 --
Das Homes $337,000 --
Hledi -- --
Das Homes $337,000 --
Hledi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Thuan $200,000
Previous Owner Gatch Marc $186,675
Previous Owner Wilson Anthony Dwayne $224,729
Previous Owner Wilson Anthony Dwayne $224,729
Previous Owner Gregory Joseph P $162,226
Previous Owner Gregory Joseph P $176,000
Closed Pellegrino Construction Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $280,000 +12.0% $134 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $249,900 +27.2% $119 / Sq Ft
01/10/2020 01/10/20 Sold $196,500 0.0% $99 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $196,500 -10.7% $99 / Sq Ft
08/15/2012 08/15/12 Sold $220,000 -3.5% $106 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $227,900 -- $109 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $2,909 $56,599 $10,800 $45,799
2023 $3,229 $56,599 $10,800 $45,799
2022 $3,279 $56,599 $10,800 $45,799
2021 $2,699 $45,710 $9,000 $36,710
2020 $592 $0 $0 $0
2019 $2,691 $45,560 $9,000 $36,560
2018 $2,711 $45,560 $9,000 $36,560
2017 $2,711 $45,560 $9,000 $36,560
2016 $2,238 $43,540 $8,000 $35,540
2015 $2,567 $43,540 $8,000 $35,540
2014 $2,584 $43,540 $8,000 $35,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22002733

Cooperative Arkansas REALTORS® MLS

APN: 800-36952-001