NOT LISTED FOR SALE

701 Paint Ln Centerton, AR 72719

Estimated Value: $389,000 - $544,000

5 Beds
3 Baths
2,906 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $340,000 $117 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,724/month

Highlights

  • Property is near a park
  • 1 Fireplace
  • Park
  • Centerton Gamble Elementary School Rated A
  • 2 Car Attached Garage

About This Home

As of August 2024

Welcome to this stunning 5-bedroom SPACIOUS rental house that effortlessly combines modern luxury with the charm of a great neighborhood! Say goodbye to clutter and welcome an abundance of storage space. This home has undergone some changes like fresh new paint that brightens every corner and brand-new flooring that adds a touch of elegance!! Nestled in a prime location, this home offers a plethora of desirable features that are sure to make your living experience truly exceptional. Walkable to Bentonville West and Gamble Elementry schools !

Last Agent to Rent the Property

Krishna Verma

Verma and Associates Brokerage Phone: 479-224-8264 License #PB00076972 Listed on: 06/12/2024

Last Renter's Agent

Aaron Anderson

McMullen Realty Group License #EB00073970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 2006

Lot Details

  • 8,712

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,906 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near a park

Listing and Financial Details

  • 12 Month Lease Term
  • Available 7/1/24

Community Details

Overview

  • Char Lou Estates Ph 1 Centerton Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,639

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-07-01

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.2
  • Subdivision Name: Char Lou Estates Ph 1 Centerton
  • Directions: I-49, Exit 86 / Turn on Hwy 102 W towards Centerton / R on Main St for 1 mi / L on Seba Rd for .5 mi / R on Clysesdale Dr for 450 ft / R on Paint Ln for 250 ft / 701 Paint Ln is 3rd house on Rt.
  • Garage Yn: Yes
  • Year Built: 2006
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 479-224-8264
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2906.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Near Park

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Condo/Co-op/Association

  • Community Features: Near Schools, Park

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 14, 2023
Sold by
Mullins Romeo
Bought by
Sagar Saurabh
Seller's Agent
Renee Hudock
Lindsey & Assoc Inc Branch
Buyer's Agent
Krishna Verma
Verma and Associates
List Price
$414,900
Sold Price
$340,000
Premium/Discount to List
-$74,900
-18.05%
Views
89
Current Estimated Value
$440,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,410
Avg. Annual Appreciation
11.69%
Original Mortgage
$262,500
Outstanding Balance
$255,429
Interest Rate
6.35%
Estimated Equity
$184,981

Purchase Details

Listed on
Mar 29, 2019
Closed on
Aug 14, 2019
Sold by
Wedge Laura Margaret and Gore John
Bought by
Mullins Jerome and Mullins Joyce L
Seller's Agent
The Limbird Team
Limbird Real Estate Group
Buyer's Agent
Michael Wilson
RE/MAX Associates, LLC
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$216,015
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2016
Sold by
Wedge Noah Lee
Bought by
Wedge Laura Margaret

Purchase Details

Listed on
Mar 7, 2012
Closed on
Aug 9, 2012
Sold by
Callis Jonathan L and Callis Brenda
Bought by
Wedge Laura M and Wedge Noah
Seller's Agent
Koenigseder Realty Group
REMAX Real Estate Results
Buyer's Agent
Koenigseder Realty Group
REMAX Real Estate Results
List Price
$230,000
Sold Price
$185,000
Premium/Discount to List
-$45,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$179,281
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Callis Jonathan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,836
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Reeder Janice L and Reeder Robert L
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 4, 2006
Sold by
Elegant Homes & Design Of The Ozarks Llc
Bought by
Reeder Robert L and Reeder Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sagar Saurabh $340,000 Realty Title
Mullins Jerome $220,000 Ltc
Wedge Laura Margaret -- None Available
Wedge Laura M $185,000 Fidelity National Title Co
Callis Jonathan L $139,000 Associates Closing & Title
Deutsche Bank National Trust Company $201,642 None Available
Reeder Robert L $312,000 Guaranty Title Co Of Swmo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sagar Saurabh $262,500
Previous Owner Mullins Jerome $216,015
Previous Owner Wedge Laura M $179,281
Previous Owner Callis Jonathan L $141,836
Previous Owner Reeder Robert L $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $2,500 0.0% --
06/12/2024 06/12/24 For Rent $2,500 +13.6% --
11/22/2023 11/22/23 Rented $2,200 0.0% --
11/13/2023 11/13/23 Price Changed $2,200 -4.3% $1 / Sq Ft
10/05/2023 10/05/23 Price Changed $2,300 -7.8% $1 / Sq Ft
09/22/2023 09/22/23 For Rent $2,495 0.0% --
06/16/2023 06/16/23 Sold $340,000 -6.8% $117 / Sq Ft View Prior Sale
05/16/2023 05/16/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $365,000 -6.4% $126 / Sq Ft
05/03/2023 05/03/23 Price Changed $390,000 -2.3% $134 / Sq Ft
04/15/2023 04/15/23 Price Changed $399,000 -3.8% $137 / Sq Ft
04/11/2023 04/11/23 For Sale $414,900 +88.6% $143 / Sq Ft
08/20/2019 08/20/19 Sold $220,000 -8.3% $76 / Sq Ft View Prior Sale
07/21/2019 07/21/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $239,900 +29.7% $83 / Sq Ft
08/09/2012 08/09/12 Sold $185,000 -19.6% $64 / Sq Ft View Prior Sale
07/10/2012 07/10/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $230,000 -- $79 / 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 $4,639 $75,954 $19,600 $56,354
2024 $4,686 $75,954 $19,600 $56,354
2023 $2,917 $52,650 $11,000 $41,650
2022 $2,483 $52,650 $11,000 $41,650
2021 $2,330 $52,650 $11,000 $41,650
2020 $2,239 $41,100 $4,000 $37,100
2019 $1,653 $41,100 $4,000 $37,100
2018 $1,593 $41,100 $4,000 $37,100
2017 $1,362 $41,100 $4,000 $37,100
2016 $1,362 $41,100 $4,000 $37,100
2015 $1,289 $26,560 $4,000 $22,560
2014 $1,289 $26,560 $4,000 $22,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1278662

Northwest Arkansas Board of REALTORS®

APN: 06-02512-000