NOT LISTED FOR SALE

8050 Severn Landing Rd Alexander, AR 72002

Estimated Value: $625,000 - $831,000

5 Beds
3.5 Baths
4,000 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $578,000 $144 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,424/month

159 Days on Market

Highlights

  • Newly Remodeled
  • Wooded Lot
  • Wood Flooring
  • Springhill Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of February 2019

All the bells and whistles you would expect from this custom builder in Saine County's most desired acreage neighborhood. Private lot will accommodate all your needs. No detail has been overlooked.

Last Agent to Sell the Property

Denise Hipskind

IRealty Arkansas - Benton Listed on: 09/14/2018

IRealty Arkansas - Benton

Last Buyer's Agent

Sheri Rich

United Real Estate - Central AR

United Real Estate - Central AR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1.8 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Radiant Roof Barriers
  • Stone Exterior Construction

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling Fan
  • Wood Burning Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Game Room
  • Attic Floors

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Builder Warranty
  • $200 per year additional tax assessments

Community Details

Recreation

  • Community Playground

Additional Features

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Guttering
  • LVT Date: 09/14/2018
  • New Construction: Yes
  • Price Per Sq Ft: 144.5
  • Road Surface: Paved
  • Type: Detached
  • Warranty: 1Yr Homebuilder Assc Warr, 1Yr Warr Offrd By Builder
  • Estimated Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Dining Room: Breakfast Bar, Separate Breakfast Rm, Separate Dining Room
  • Fireplace: Woodburning-Prefab.
  • Bedrooms: Primary Bedroom Apart, Primary Bedroom/Main Lv, 3 Bedrooms Same Level, 2 Bedrooms Same Level
  • Estimated Sq Ft: 4000
  • Bedrooms: 5
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Floored Attic, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Double Oven, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Office/Study, Game Room, Laundry
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Stone
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Three Car, Side Entry

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump, Zoned Units

Condo/Co-op/Association

  • Amenities: Playground, Picnic Area
  • Condo Association Fee: 250
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 1.8
  • Estimated Lot Size: 1.8 acres
  • Lot: Level, Wooded, In Subdivision

Green Features

  • Energy Features: Extra Insulation
  • Green Features: Rf Rdiant Barrier Sheath

Tax Info

  • Annual Taxes: 4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Feb 20, 2019
Sold by
Pinkney Marcus J
Bought by
Rutledge Terry M and Rutledge Cindy D
Seller's Agent
Denise Hipskind
IRealty Arkansas - Benton
Buyer's Agent
Sheri Rich
United Real Estate - Central AR
List Price
$599,900
Sold Price
$578,000
Premium/Discount to List
-$21,900
-3.65%
Current Estimated Value
$726,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,708
Avg. Annual Appreciation
3.33%
Original Mortgage
$520,200
Outstanding Balance
$461,934
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$253,545

Purchase Details

Closed on
Mar 15, 2018
Sold by
Hesley Inc
Bought by
Pinkney Marcus Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.38%
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
Rutledge Terry M $578,000 None Available
Pinkney Marcus Joseph $76,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Terry M $337,000
Open Rutledge Terry M $520,200
Previous Owner Pinkney Marcus Joseph $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $578,000 -3.7% $145 / Sq Ft
09/14/2018 09/14/18 For Sale $599,900 -- $150 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $5,329 $128,579 $19,200 $109,379
2023 $5,437 $128,579 $19,200 $109,379
2022 $5,239 $128,579 $19,200 $109,379
2021 $4,915 $98,815 $16,000 $82,815
2020 $4,637 $93,310 $16,000 $77,310
2019 $5,012 $93,310 $16,000 $77,310
2018 $957 $13,000 $13,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Hipskind

    Seller's Agent in 2019

    Denise Hipskind

    IRealty Arkansas - Benton

    (501) 773-9539

    270 Total Sales

    Denise Hipskind
    Section Image

  • S

    Buyer's Agent in 2019

    Sheri Rich

    United Real Estate - Central AR

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18029549

Cooperative Arkansas REALTORS® MLS

APN: 343-02500-045

Arkansas Saline County Alexander 72002

8050 Severn Landing Rd, Alexander, AR

This home is located at 8050 Severn Landing Rd, Alexander, AR 72002 since 14 September 2018 and is currently estimated at $726,708, approximately $181 per square foot. This property was built in 2018. 8050 Severn Landing Rd is a home located in Saline County with nearby schools including Springhill Elementary School, Bethel Middle School, and Bryant Middle School.

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.

Cooperative Arkansas REALTORS® MLS 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.

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