NOT LISTED FOR SALE

635 E Lake Rd Elm Springs, AR 72762

Estimated Value: $472,000 - $574,000

3 Beds
2 Baths
1,927 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $420,000 $218 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,238/month

60 Days on Market

Highlights

  • 4 Acre Lot
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Bernice Young Elementary School Rated A
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2021

Here is your opportunity to own a home with rental income and land in the middle of Northwest Arkansas. This 1927 sqft home with a side entry garage sits on a picturesque 4 acres. The backyard runs up to a small creek, and you will often see deer and other wildlife passing through. The entire home has had new flooring paint and fixtures updated. The sellers also had the driveway paved with asphalt for a smooth ride to your property. The driveway has space for 4 vehicles to park. There really is nothing else like in available. Home security system installed and active with cameras, not monitored though. The property can be sold without the rental property for a lower price.

Last Agent to Sell the Property

Daniel Naranjo

EXIT Taylor Real Estate License #SA00074061 Listed on: 04/23/2021

Last Buyer's Agent

Teresa Sanderson

Sanderson & Associates Real Estate License #PB00049430

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 2008

Lot Details

  • 4 Acre Lot
  • Rural Setting
  • North Facing Home
  • Partially Fenced Property
  • Wire Fence
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,927 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Phone Available

Community Details

  • Elm Spring Outlots Subdivision

Listing and Financial Details

  • Tax Lot Metes Bounds

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,905

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Lot Size: Irregular
  • Road Frontage Type: Public Road
  • Subdivision Name: Elm Spring Outlots
  • Directions: Elm Springs Exit 73 / Right onto Elm Springs Rd / Continue on Elm Springs Rd and Left on E Lake Rd/ Home will be on the Left / White fence runs down driveway
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2008
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Plumbed For Ice Maker
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s)
  • Living Area: 1927.0
  • Window Features: Blinds
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Level, Not In Subdivision, None, Rural Lot
  • Waterfront Features: None
  • Disclosures: Flood Insurance Required, Flood Plain Disclosure
  • Construction Type: Brick
  • Direction Faces: North
  • Foundation Details: Block, Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Asphalt, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1905.0
  • Tax Block: n/a
  • Tax Lot: Metes Bounds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jul 23, 2021
Sold by
Jackson Karen and Rodgers Karen
Bought by
Waters Britt Dale and Waters Jessica Rose
Seller's Agent
Daniel Naranjo
EXIT Taylor Real Estate
Buyer's Agent
Teresa Sanderson
Sanderson & Associates Real Estate
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$529,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,129
Avg. Annual Appreciation
6.29%
Original Mortgage
$348,175
Outstanding Balance
$317,421
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$221,323
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
Waters Britt Dale $420,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Britt Dale $348,175
Previous Owner Mcneely Valerie J $113,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $420,000 -6.7% $218 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $450,000 +39.3% $234 / Sq Ft
10/07/2020 10/07/20 Sold $323,000 -10.3% $168 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $359,900 +62.1% $187 / Sq Ft
12/19/2014 12/19/14 Sold $222,000 -4.3% $117 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $232,000 -- $123 / 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 $4,263 $92,480 $28,590 $63,890
2023 $3,731 $86,830 $28,590 $58,240
2022 $3,392 $65,230 $17,750 $47,480
2021 $3,004 $65,230 $17,750 $47,480
2020 $3,010 $65,230 $17,750 $47,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1181452

Northwest Arkansas Board of REALTORS®

APN: 750-00613-001