NOT LISTED FOR SALE

703 NE 2nd St Bentonville, AR 72712

Estimated Value: $679,000 - $903,358

3 Beds
2 Baths
1,500 Sq Ft
$501/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $450,000 $300 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,639/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Central Air
  • R.E. Baker Elementary School Rated A
  • 2 Car Detached Garage
  • 5-minute walk to Eagle Mill Spring Park

About This Home

As of February 2023

RARE OPPURTUNITY BACK ON MARKET IN DOWNTOWN BENTONVILLE! With Bentonville's continued growth comes a continuous rise in VALUE! Investment opportunity to build Airbnb, or other rental, to offer to the constant incoming crowds of tourists and those relocating who want to be in the thick of it all. Perfect lot for those wanting to build their dream home and have their residence in coveted downtown Bentonville as well! Walking distance to downtown Arts District, restaurants, parks, entertainment, and Bentonville square. Minutes to NWA biking trails!

Last Agent to Sell the Property

Ann Wolf

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00094099 Listed on: 01/05/2023

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Non MLS

Non MLS Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Corleys Add Bentonville Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public Road
  • Subdivision Name: Corleys Add Bentonville
  • Directions: from Walton, turn east on SW 2nd st
  • Architectural Style: Other, Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Appliances: Electric Range, Gas Water Heater, Refrigerator
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: None, Other
  • Living Area: 1500.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Level, Subdivision
  • Waterfront Features: None
  • Construction Type: Frame
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage, Asphalt

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1865.0
  • Tax Block: -
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 10, 2023
Sold by
Lightner Keenan M and Lightner Erin
Bought by
Ljmc Group Llc
Seller's Agent
Ann Wolf
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Current Estimated Value
$751,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,340
Avg. Annual Appreciation
20.74%

Purchase Details

Closed on
Sep 11, 2021
Sold by
Lightner Keenan M
Bought by
Lightner Keenan M and Lightner Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2013
Sold by
Stacy Burton E and Stacy Charlotte M
Bought by
Lightner Keenan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Davis Sandra R
Bought by
Stacy Burton E and Stacy Charlotte M

Purchase Details

Closed on
Jan 19, 1996
Bought by
Davis

Purchase Details

Closed on
Oct 22, 1993
Bought by
Kennedy

Purchase Details

Closed on
Oct 11, 1993
Bought by
Myers
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
Ljmc Group Llc $450,000 City Title
Lightner Keenan M -- None Available
Lightner Keenan M $93,000 Waco Title Company
Stacy Burton E $93,000 Rt
Davis -- --
Kennedy $28,000 --
Myers -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lightner Keenan M $400,000
Previous Owner Lightner Keenan M $88,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $450,000 -18.2% $300 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $550,000 -- $367 / 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 $8,245 $134,028 $63,821 $70,207
2024 $8,283 $134,028 $63,821 $70,207
2023 $2,403 $78,870 $58,110 $20,760
2022 $1,980 $78,870 $58,110 $20,760
2021 $1,865 $78,870 $58,110 $20,760
2020 $1,779 $47,850 $36,070 $11,780
2019 $1,677 $47,850 $36,070 $11,780
2018 $1,436 $44,900 $36,070 $8,830
2017 $1,230 $44,900 $36,070 $8,830
2016 $1,230 $44,900 $36,070 $8,830
2015 $1,507 $24,380 $4,000 $20,380
2014 $1,157 $16,140 $4,000 $12,140
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ann Wolf

    Coldwell Banker Harris McHaney & Faucette-Rogers

    Section Image

  • N

    Buyer's Agent in 2023

    Non MLS

    Non MLS Sales

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1236152

Northwest Arkansas Board of REALTORS®

APN: 01-01865-000

Arkansas Benton County Bentonville 72712

703 NE 2nd St, Bentonville, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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