NOT LISTED FOR SALE

721 Melrose Place Bentonville, AR 72712

Estimated Value: $388,000 - $458,000

3 Beds
2 Baths
1,950 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $370,500 $190 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,658/month

1 Day on Market

Highlights

  • Home fronts a pond
  • Solar Power System
  • Attic
  • Centerton Gamble Elementary School Rated A
  • Traditional Architecture
  • Quartz Countertops

About This Home

As of September 2023

This gorgeous brick home has a split floorplan with many upgrades & smart features such as a Nest thermostat, Frontpoint video doorbell & indoor camera, exterior trim holiday/festivity lighting, invisible fence & SOLAR! The kitchen has under cabinet lighting, gas range/cooktop, quartz counters, breakfast bar & pantry. The spacious primary suite has a large walk-in closet & dual quartz vanities. The living room is roomy and has a corner FP. The covered patio overlooks the neighborhood pond & walking trail.

Last Agent to Sell the Property

Kellie Naylor

Coldwell Banker Harris McHaney & Faucette-Bentonvi Listed on: 07/28/2023

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Last Buyer's Agent

NWA ProTeam

NextHome NWA Pro Realty

NextHome NWA Pro Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 2020

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • North Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Aluminum or Metal Fence
  • Landscaped
  • Level Lot
  • Cleared Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Smart Home
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Fiber Optics Available

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

  • Real Clear Association, Phone Number (479) 935-8969
  • Orchard Park Sub Ph 4 Centerton Subdivision

Listing and Financial Details

  • Tax Lot 90

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,883

Year Built

Built in 2020

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Frontage Type: Public Road
  • Subdivision Name: Orchard Park Sub Ph 4 Centerton
  • Directions: Hwy 72 to Walters Rd; South to Melrose Place; East to property on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Solar Panel(s)
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Builder
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Counter Top, Dishwasher, Electric Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Pantry, Programmable Thermostat, Quartz Counters, Split Bedrooms, Smart Home, Walk-In Closet(s)
  • Living Area: 1950.0
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Back Yard, Metal, Partial, Privacy, Wood
  • Lot Features: Cleared, Landscaped, Level, None, Subdivision
  • Pool Features: None
  • Waterfront Features: Pond
  • Construction Type: Brick
  • Direction Faces: North
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio
  • 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: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Fiber Optic Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: Real Clear
  • Phone: 479-935-8969
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 2883.0
  • Tax Block: --
  • Tax Lot: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 8, 2023
Sold by
Douglas Michael
Bought by
Bachina Mounika Sai
Seller's Agent
Kellie Naylor
Coldwell Banker Harris McHaney & Faucette-Bentonvi
Buyer's Agent
NWA ProTeam
NextHome NWA Pro Realty
List Price
$370,500
Sold Price
$370,500
Views
16
Current Estimated Value
$416,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,306
Avg. Annual Appreciation
1.88%
Original Mortgage
$351,975
Outstanding Balance
$324,435
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$59,905

Purchase Details

Listed on
Apr 14, 2020
Closed on
Dec 17, 2020
Sold by
Schuber Mitchell Homes Llc
Bought by
Douglas Michael
Seller's Agent
Schuber Mitchell Team
Limbird Real Estate Group
Buyer's Agent
Annette Hans
Keller Williams Market Pro Realty
List Price
$244,727
Sold Price
$243,880
Premium/Discount to List
-$847
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$219,380
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Bachina Mounika Sai $370,500 None Listed On Document
Douglas Michael $243,880 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachina Mounika Sai $351,975
Previous Owner Douglas Michael $219,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $370,500 0.0% $190 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $370,500 +51.9% $190 / Sq Ft
12/17/2020 12/17/20 Sold $243,880 -0.3% $125 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $244,727 -- $126 / 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 $4,441 $71,977 $19,600 $52,377
2023 $2,818 $45,680 $11,000 $34,680
2022 $2,887 $45,680 $11,000 $34,680
2021 $2,863 $45,680 $11,000 $34,680
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1252200

Northwest Arkansas Board of REALTORS®

APN: 06-06278-000