NOT LISTED FOR SALE

722 NE 2nd St Bentonville, AR 72712

Estimated Value: $2,289,423 - $2,548,000

5 Beds
4.5 Baths
5,074 Sq Ft
$485/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $1,900,000 $374 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $14,030/month

76 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wood Flooring
  • R.E. Baker Elementary School Rated A
  • Traditional Architecture
  • 4-minute walk to Eagle Mill Spring Park

About This Home

As of March 2022

Sophisticated home for discriminating buyers! High demand Downtown Bentonville location, just off The Square. This home has been re-designed with modern, luxurious finishes and amenities. Fully independent apartment above the 4 car garage is ready for your guests! The outdoor living spaces will "WOW" you with the entertaining possibilities, cooking features and cozy nooks to retreat to. Enjoy the sunny primary suite on the main level with a spa-like bath and detailed closet. The office features a tongue and groove wood stained ceiling. Upstairs you will find an open family room with a sleek fireplace and kitchen/bar area, 3 extra-large bedrooms & 2 baths. The 2nd floor breezeway is a great place to meditate, do yoga or watch a game. Enjoy the fresh air, or simply close up the space and stay warm and cozy. The apartment features a private staircase from the garage or you can access through the 2nd floor breezeway. Come see this house soon, to choose your favorite space!

Last Agent to Sell the Property

Natalie Edwards

Better Homes and Gardens Real Estate Journey Bento License #SA00052486 Listed on: 11/03/2021

Better Homes and Gardens Real Estate Journey Bento

Co-Listed By

John Mayer

Better Homes and Gardens Real Estate Journey Bento

Last Buyer's Agent

Scott Waymire

Berkshire Hathaway HomeServices Solutions Real Est License #PB00062073

Berkshire Hathaway HomeServices Solutions Real Est

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,299

Year Built

  • Built in 2019

Lot Details

  • 9,148 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property
  • Level Lot

Home Design

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

Interior Spaces

  • 5,074 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Plantation Shutters
  • Blinds
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Double Convection Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Appliances
  • City Lot

Community Details

  • Lincoln & Rice Add Bentonville Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,299

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Mls Id: 130000483
  • Co List Office Phone: 479-319-3737
  • Subdivision Name: Lincoln & Rice Add Bentonville
  • Directions: From Bentonville Square: East on NE 2nd, just past "F" Ft and 2nd.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2019
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Convection Oven, Double Oven, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Trash Compactor, ENERGY STAR Qualified Appliances, PlumbedForIce Maker
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Living Room, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Granite Counters, Pantry, Programmable Thermostat, Quartz Counters, See Remarks, Shared, Walk-In Closet(s), Window Treatments
  • Living Area: 5074.0
  • Window Features: Blinds, Plantation Shutters
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Level
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Concrete
  • Direction Faces: North
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck, Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Bentonville

Lot Info

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

Tax Info

  • Tax Annual Amount: 12299.0
  • Tax Block: 2
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Mar 17, 2022
Sold by
Mitchell Nancy Berg
Bought by
Crain Family Trust and Crain
Seller's Agent
Natalie Edwards
Better Homes and Gardens Real Estate Journey Bento
Buyer's Agent
Scott Waymire
Berkshire Hathaway HomeServices Solutions Real Est
List Price
$1,990,000
Sold Price
$1,900,000
Premium/Discount to List
-$90,000
-4.52%
Current Estimated Value
$2,461,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,106
Avg. Annual Appreciation
7.37%
Original Mortgage
$1,400,000
Outstanding Balance
$1,116,340
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$1,344,766

Purchase Details

Closed on
Oct 26, 2020
Sold by
Harrison-Bohannan Catherine R and Harrison Jeffrey
Bought by
Mitchell Nancy

Purchase Details

Closed on
Oct 23, 2020
Sold by
Harrison Bohannan Catherine R and Harrison Jeffrey
Bought by
Mitchell Nancy

Purchase Details

Listed on
Jan 15, 2020
Closed on
Jul 28, 2020
Sold by
Scroggins Jeff and Scroggins Dawa
Bought by
Mitchell Nancy Berg
Seller's Agent
Jan Holland
Coldwell Banker Harris McHaney & Faucette-Bentonvi
Buyer's Agent
Steven McCratic
Keller Williams Market Pro Realty Branch Office
List Price
$1,399,000
Sold Price
$1,225,000
Premium/Discount to List
-$174,000
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Jan 5, 2018
Sold by
Bornkessel Blake and Bornkessel Alexandra
Bought by
Scroggins Jeff and Scroggins Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2017
Sold by
Bornkessel Blake and Bornkessel Alexandra
Bought by
Bornkessel Blake and Bornkessel Alexandra
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
Crain Family Trust $1,900,000 Waco Title
Mitchell Nancy $290,000 Lenders Title Company
Mitchell Nancy $290,000 Lenders Title Company
Mitchell Nancy Berg $1,225,000 Waco Title Company
Scroggins Jeff $285,000 Lenders Title Company
Bornkessel Blake -- First National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crain Family Trust $1,400,000
Previous Owner Scroggins Jeff $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $1,900,000 -4.5% $374 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $1,990,000 +62.4% $392 / Sq Ft
07/28/2020 07/28/20 Sold $1,225,000 -12.4% $241 / Sq Ft View Prior Sale
06/28/2020 06/28/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $1,399,000 -- $276 / 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 $13,024 $332,718 $58,266 $274,452
2024 $12,489 $332,718 $58,266 $274,452
2023 $11,895 $192,470 $53,050 $139,420
2022 $12,183 $192,470 $53,050 $139,420
2021 $12,143 $192,470 $53,050 $139,420
2020 $8,947 $146,340 $32,930 $113,410
2019 $1,573 $24,700 $24,700 $0
2018 $1,573 $24,700 $24,700 $0
2017 $1,526 $24,700 $24,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1201736

Northwest Arkansas Board of REALTORS®

APN: 01-03245-001