NOT LISTED FOR SALE

705 NW 7th St Bentonville, AR 72712

Estimated Value: $745,000 - $841,051

3 Beds
2 Baths
1,850 Sq Ft
$416/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $720,000 $389 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,903/month

37 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near a park
  • Wood Flooring
  • Sugar Creek Elementary School Rated A
  • Cathedral Ceiling
  • Mud Room

About This Home

As of September 2024

Prime investment opportunity in a GREAT location! Less than 1 mile from Downtown Bentonville square! Situated on a .37-acre lot, this home has outstanding potential. Home is in the middle of renovations with modern updates completed. Current plan features vaulted ceilings and open concept in main areas. Framing is complete and original hardwood floors are intact. Along with a new mudroom/garage entry and butler pantry, this home features a large 2 car garage as well. This home has great structural integrity and is in the perfect state to finish. Potential to divide lot into 2 parcels is available. Opportunity to have house fully gutted as well! This fixer-upper prospect is perfect for those looking to customize and create their dream home! This is also listed as land - see MLS 1282395.

Last Agent to Sell the Property

Lucirene Pinto

Lindsey & Assoc Inc Branch Brokerage Phone: 479-273-3838 License #SA00089256 Listed on: 07/26/2024

Lindsey & Assoc Inc Branch

Last Buyer's Agent

Non MLS

Non MLS Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1960

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Mud Room
  • Wood Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Plumbed For Ice Maker
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • City Lot

Utilities

  • No Cooling
  • No Heating
  • No Hot Water

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • No Home Owners Association
  • Mcginnis Sub Bentonville Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: McGinnis Sub Bentonville
  • Directions: From North Walton Blvd., turn East on NW 7th St. Home is on the Right.
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1960
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 479-273-3838
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances: No Hot Water, Plumbed For Ice Maker
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Split Bedrooms, Walk-In Closet(s), Mud Room
  • Living Area: 1850.0
  • Dining Room Type: Mud Room
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Partial, Privacy, Wood
  • Lot Features: Cleared, City Lot, Level, Near Park
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace, Slab
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm, Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Park, Trails/Paths
  • Association: No

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 1866.0
  • Tax Block: --
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 19, 2024
Sold by
Loop Tara and Loop Griffin
Bought by
Gillihan Family Trust and Gillihan
Seller's Agent
Lucirene Pinto
Lindsey & Assoc Inc Branch
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$773,000
Sold Price
$720,000
Premium/Discount to List
-$53,000
-6.86%
Views
14
Current Estimated Value
$769,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,013
Avg. Annual Appreciation
5.84%

Purchase Details

Listed on
Feb 3, 2023
Closed on
Apr 27, 2023
Sold by
Bvr Rentals Llc
Bought by
Loop Griffin and Loop Tara
Seller's Agent
Jan Holland
Coldwell Banker Harris McHaney & Faucette-Bentonvi
Buyer's Agent
Stephanie Funk
Engel & Volkers Bentonville
List Price
$695,000
Sold Price
$630,000
Premium/Discount to List
-$65,000
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$567,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2015
Closed on
Mar 15, 2016
Sold by
Randolph Tonda Sue
Bought by
Bvr Rentals Llc
Seller's Agent
Cody Burnett
Burnett Real Estate Team ConnectRealty.com
Buyer's Agent
Lori Brittain
Weichert, REALTORS Griffin Company Bentonville
List Price
$170,000
Sold Price
$154,900
Premium/Discount to List
-$15,100
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.75%

Purchase Details

Closed on
Aug 4, 2006
Sold by
Brewer Doris Pauline
Bought by
Brewer Doris Pauline and Doris Pauline Brewer Revocable Trust

Purchase Details

Closed on
Jul 1, 2004
Bought by
Brewer

Purchase Details

Closed on
Jun 30, 2004
Bought by
Brewer Rev Trust

Purchase Details

Closed on
Jul 23, 1997
Bought by
Brewer Tr

Purchase Details

Closed on
Jul 22, 1997
Bought by
Brewer Rev Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillihan Family Trust $720,000 Apex Title
Loop Griffin $630,000 Waco Title
Bvr Rentals Llc $154,900 Lenders Title Company
Brewer Doris Pauline -- None Available
Brewer -- --
Brewer Rev Trust -- --
Brewer -- --
Brewer Tr -- --
Brewer Rev Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loop Griffin $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2024 09/26/24 Sold $720,000 -6.9% $389 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $773,000 +22.7% $418 / Sq Ft
05/01/2023 05/01/23 Sold $630,000 -9.4% $409 / Sq Ft View Prior Sale
03/28/2023 03/28/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $695,000 +348.7% $451 / Sq Ft
03/15/2016 03/15/16 Sold $154,900 -8.9% $100 / Sq Ft View Prior Sale
02/14/2016 02/14/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $170,000 -- $110 / 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 $10,103 $164,218 $102,665 $61,553
2024 $10,149 $164,218 $102,665 $61,553
2023 $1,824 $34,640 $8,600 $26,040
2022 $1,725 $34,640 $8,600 $26,040
2021 $1,576 $34,640 $8,600 $26,040
2020 $1,447 $22,710 $3,800 $18,910
2019 $1,447 $22,710 $3,800 $18,910
2018 $1,447 $22,710 $3,800 $18,910
2017 $1,000 $22,710 $3,800 $18,910
2016 $1,000 $22,710 $3,800 $18,910
2015 $911 $19,810 $4,000 $15,810
2014 $561 $19,810 $4,000 $15,810
Source: Public Records

Agents Affiliated with this Home

  • Lucirene Pinto

    Seller's Agent in 2024

    Lucirene Pinto

    Lindsey & Assoc Inc Branch

    (616) 780-3565

    5 in this area

    27 Total Sales

    Lucirene Pinto
    Section Image

  • N

    Buyer's Agent in 2024

    Non MLS

    Non MLS Sales

  • J

    Seller's Agent in 2023

    Jan Holland

    Coldwell Banker Harris McHaney & Faucette-Bentonvi

    (479) 644-5676

    69 in this area

    156 Total Sales

    Jan Holland
    Section Image

  • S

    Buyer's Agent in 2023

    Stephanie Funk

    Engel & Volkers Bentonville

    Section Image
  • Cody Burnett

    Seller's Agent in 2016

    Cody Burnett

    Burnett Real Estate Team ConnectRealty.com

    (479) 640-8375

    13 in this area

    336 Total Sales

    Cody Burnett
    Section Image
  • Lori Brittain

    Buyer's Agent in 2016

    Lori Brittain

    Weichert, REALTORS Griffin Company Bentonville

    (479) 306-6139

    26 in this area

    85 Total Sales

    Lori Brittain
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1282394

Northwest Arkansas Board of REALTORS®

APN: 01-03391-000

Arkansas Benton County Bentonville 72712

705 NW 7th St, Bentonville, AR

Not Listed for Sale

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