NOT LISTED FOR SALE

703 SW Summit Chase Rd Bentonville, AR 72712

Estimated Value: $320,000 - $334,670

3 Beds
2 Baths
1,617 Sq Ft
$201/Sq Ft Est. Value

Last Sold June 06, 2012

Last sale price $109,000 $67 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,940/month

89 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • Central Heating and Cooling System
  • Elm Tree Elementary School Rated A
  • Ceramic Tile Flooring
  • Privacy Fence

About This Home

As of June 2012

High ceilings make this home look much bigger. It is a cute brick, 3 bedroom, 2 bath home, with two car garage, close in to Bentonville. The home is in alomst a like new condition. This would be GREAT investment property or starter home.,As a shortsale it is already priced below market value & offers should be near list price. Any offer will require a loan prequalification letter or proof of funds from the Buyer's lender. Buyer's please have time to wait up to 6 months to take possession.

Last Agent to Sell the Property

Cody Burnett

Burnett Real Estate Team ConnectRealty.com License #PB00053359 Listed on: 02/07/2012

Last Buyer's Agent

Cody Burnett

Burnett Real Estate Team ConnectRealty.com License #PB00053359 Listed on: 02/07/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 2006

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 65 x 110
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,617 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Stoneburrow Add Ph Ii Bentonville Subdivision

Listing and Financial Details

  • Tax Lot 101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 65 x 110
  • Road Frontage Type: Public Road
  • Subdivision Name: Stoneburrow Add Ph Ii-Bentonville
  • Directions: HWY 72 West off Walton, Left on Tater Black, Right on Town Vu, Left on SW Riverrock, Right on SW Fieldstone, Left on SW Summitt Chase.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 1617.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Level
  • Waterfront Features: None
  • Disclosures: Potential Short Sale
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1299.0
  • Tax Block: 0
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jun 6, 2012
Sold by
Hung Patricia
Bought by
Schroeder Jerry E and Schroeder Amanda L
Seller's Agent
Cody Burnett
Burnett Real Estate Team ConnectRealty.com
Buyer's Agent
Cody Burnett
Burnett Real Estate Team ConnectRealty.com
List Price
$105,000
Sold Price
$109,000
Premium/Discount to List
$4,000
3.81%
Current Estimated Value
$325,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,668
Avg. Annual Appreciation
8.51%
Original Mortgage
$81,750
Outstanding Balance
$56,454
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$269,214

Purchase Details

Closed on
May 3, 2006
Sold by
Scb Investments Llc
Bought by
Hung Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.36%
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
Schroeder Jerry E $109,000 First National Title Company
Hung Patricia $35,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Jerry E $81,750
Previous Owner Hung Patricia $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2012 06/06/12 Sold $109,000 +3.8% $67 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $105,000 0.0% $65 / Sq Ft
01/19/2012 01/19/12 Rented $900 0.0% --
12/20/2011 12/20/11 Under Contract -- -- --
12/08/2011 12/08/11 For Rent $900 -- --
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 $2,823 $61,495 $15,600 $45,895
2024 $2,600 $61,495 $15,600 $45,895
2023 $2,364 $38,880 $6,000 $32,880
2022 $2,235 $38,880 $6,000 $32,880
2021 $2,042 $38,880 $6,000 $32,880
2020 $1,875 $29,430 $5,400 $24,030
2019 $1,875 $29,430 $5,400 $24,030
2018 $1,875 $29,430 $5,400 $24,030
2017 $1,597 $29,430 $5,400 $24,030
2016 $1,597 $29,430 $5,400 $24,030
2015 $1,455 $23,540 $5,000 $18,540
2014 $1,455 $23,540 $5,000 $18,540
Source: Public Records

Agents Affiliated with this Home

  • Cody Burnett

    Seller's Agent in 2012

    Cody Burnett

    Burnett Real Estate Team ConnectRealty.com

    (479) 640-8375

    13 in this area

    339 Total Sales

    Cody Burnett
    Section Image

  • T

    Seller's Agent in 2012

    The Property Management Team

    Berkshire Hathaway HomeServices Solutions Real Est

    (479) 273-1602

    The Property Management Team
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 649155

Northwest Arkansas Board of REALTORS®

APN: 01-12936-000

Arkansas Benton County Bentonville 72712

703 SW Summit Chase Rd, 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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