NOT LISTED FOR SALE

561 Magnolia Ln Centerton, AR 72719

Estimated Value: $383,473 - $421,000

3 Beds
2 Baths
1,862 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $251,280 $135 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,372/month

149 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Granite Countertops
  • Osage Creek Elementary School Rated A
  • Attic
  • Covered Patio or Porch

About This Home

As of December 2020

Beautiful New 3 Bdr, 2 full baths-Brick home to be built-Upgraded Craftsman Front Door-Open Concept w/Hardwood Floors in Entry & Liv Rm-crown molding, ceiling fans-gas fireplace-Upgraded Raised Panel Knotty Alder Cabinets-Upgraded Cabinet & Vanity Hardware-Upgraded Upgraded Double Oven-Upgraded Trash Can Roll-Out-Upgraded Lower Island Cabinets in Island Bar-Cooktop w/Wall Oven-granite in the kitchen & baths-Upgraded Estate Kitchen Appliances stainless steel -dishwasher & microwave-Upgraded Volt Duplex in Pantry-Master Suite & Mst Bath with-whirlpool tub-Upgraded Tile Walk in Shower w/Frameless Shower Door-walk-in closet Grab Bars in Toilet Areas & Grab Bar in Mst Shower-Upgraded Comfort Height Toilets-Upgraded Utility Sink in Utility Rm-blinds, gutters, garage door opener/key pad entry-pull down attic storage. Full privacy fenced back yard-covered patio w/gas & electric-Listing agent is related to the seller. Seller will pay $2,500 of buyers closing cost with builder approved Lenders- SOLD BEFORE PRINT

Last Agent to Sell the Property

Linda Marquess

Riverwood Home Real Estate License #EB00000382 Listed on: 06/18/2020

Last Buyer's Agent

Bailey Tahy

Riverwood Home Real Estate License #SA00081848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Appliances
  • Covered Patio or Porch

Community Details

  • Southwinds Ph1 Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 58 / Ph 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Southwinds Ph1
  • Directions: Go west on Hwy 102 from 71 business to Womack turn left Southwinds Subdivision Phase 1 is on the corner of Womack & Kimmel Road.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Appliances
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: New Construction
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Self Cleaning Oven, ENERGY STAR Qualified Appliances, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Pantry, Split Bedrooms, See Remarks, Walk-In Closet(s)
  • Living Area: 1862.0
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Subdivision
  • Waterfront Features: None
  • Home Warranty: Yes
  • Construction Type: Aluminum Siding, Brick, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • 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: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Schools, Sidewalks
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: See Agent

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: Ph 1
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Dec 15, 2020
Sold by
Riverwood Homes Llc
Bought by
Larsen Kenneth R and Larsen Dorothea Ann
Seller's Agent
Linda Marquess
Riverwood Home Real Estate
Buyer's Agent
Bailey Tahy
Riverwood Home Real Estate
List Price
$239,950
Sold Price
$251,280
Premium/Discount to List
$11,330
4.72%
Current Estimated Value
$404,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,838
Avg. Annual Appreciation
10.29%
Original Mortgage
$121,280
Outstanding Balance
$87,293
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$316,825
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
Larsen Kenneth R $251,280 Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Kenneth R $121,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2020 12/15/20 Sold $251,280 +4.7% $135 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $239,950 -- $129 / 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
2025 $2,731 $71,600 $19,600 $52,000
2024 $2,759 $71,600 $19,600 $52,000
2023 $2,759 $44,710 $11,000 $33,710
2022 $2,451 $44,710 $11,000 $33,710
2021 $2,427 $44,710 $11,000 $33,710
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1150625

Northwest Arkansas Board of REALTORS®

APN: 06-06360-000