NOT LISTED FOR SALE

614 Mill Pond Way Cave Springs, AR 72718

Estimated Value: $599,000 - $797,000

5 Beds
3.5 Baths
2,682 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $540,000 $201 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,354/month

3 Days on Market

Highlights

  • Home Theater
  • Outdoor Pool
  • Clubhouse
  • Evening Star Elementary School Rated A
  • Home fronts a pond
  • Property is near a park

About This Home

As of March 2023

Modern and inviting, this five bedroom home offers the perfect balance of comfort and style. An open living area with two separate living spaces creates an ideal environment for entertaining, while the study/office provides a quiet space to work from home. The large primary suite includes a private bathroom with two closets and laundry room entry, offering convenience as well as luxury. Upstairs is equipped with four bedrooms, a shared living area, and two bathrooms - making it easy to accommodate family or guests. With its spacious layout and modern amenities, this beautiful property offers everything you need for comfortable contemporary living.

Last Agent to Sell the Property

Kristen Christianson

Collier & Associates License #SA00080161 Listed on: 02/10/2023

Last Buyer's Agent

The Redman Team

Engel & Volkers Bentonville

Engel & Volkers Bentonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 2020

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts a pond
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,682 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Storage Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Tax Lot 43

Community Details

Overview

  • Allens Mill Ph 1 Cave Spgs Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,285

Year Built

Built in 2020

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Frontage Type: Shared
  • Subdivision Name: Allens Mill Ph 1 Cave Spgs
  • Directions: From I-49 take exit 78 West on AR-264 toward Lowell/Cave Springs/Rogers for 2.8 miles. Turn right on Mount Hebron Rd for .7 miles, and left onto W Shores Ave. for .5 miles. Take a right onto Mill Pond Way and the home is on the right just across the pond.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Counter Top, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Quartz Counters, Split Bedrooms, See Remarks, Skylights, Walk-In Closet(s), Multiple Living Areas, Storage
  • Living Area: 2682.0
  • Dining Room Type: Bonus Room, Game Room, Library, Living Room, Media Room, Office, Storage Room
  • Window Features: Double Pane Windows, Vinyl, Blinds, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Lot Features: Near Park
  • Pool Features: Pool, Community
  • Waterfront Features: Pond
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Near Schools, Park, Pool, Sidewalks
  • Association Fee: 425.0
  • 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 Annual Amount: 4285.0
  • Tax Block: -
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 16, 2023
Sold by
Coody Joshua Lee and Coody Kristin
Bought by
Butler Jeffrey and Ingram Kassondra
Seller's Agent
Kristen Christianson
Collier & Associates
Buyer's Agent
The Redman Team
Engel & Volkers Bentonville
List Price
$537,500
Sold Price
$540,000
Premium/Discount to List
$2,500
0.47%
Current Estimated Value
$688,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,033
Avg. Annual Appreciation
8.18%
Original Mortgage
$499,500
Outstanding Balance
$485,684
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$168,019

Purchase Details

Closed on
Jan 23, 2020
Sold by
Buffington Homes Of Arkansas Llc
Bought by
Grayum Terrah Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,724
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2019
Sold by
Buff Cave Llc
Bought by
Buffington Homes Of Arkansas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Construction
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
Butler Jeffrey $540,000 Best Title
Grayum Terrah Jo $342,867 First National Title Company
Buffington Homes Of Arkansas Llc $60,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Jeffrey $499,500
Previous Owner Grayum Terrah Jo $325,724
Previous Owner Buffington Homes Of Arkansas Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $540,000 +0.5% $201 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $537,500 +7.5% $200 / Sq Ft
05/02/2022 05/02/22 Sold $500,000 0.0% $184 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $500,000 -- $184 / 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 $6,845 $111,659 $10,000 $101,659
2023 $4,737 $77,280 $10,000 $67,280
2022 $4,296 $77,280 $10,000 $67,280
2021 $4,285 $77,280 $10,000 $67,280
2020 $731 $12,000 $12,000 $0
2019 $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: 1238754

Northwest Arkansas Board of REALTORS®

APN: 05-12395-000