NOT LISTED FOR SALE

9040 Red Barn Way Alexander, AR 72002

Estimated Value: $588,000 - $685,000

4 Beds
3.5 Baths
2,950 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $449,900 $153 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,667/month

38 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • Bonus Room
  • Salem Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of July 2020

Great corner lot in gated subdivision. Side load garage, extra large covered back porch. Open floor plan with kitchen and dining overlooking great room. Painted cabinets, large farm sink, over sized island. Master has custom ceilings, master bath has over sized shower. Extra bedrooms have large closets. Hardwoods in main living areas.

Last Agent to Sell the Property

Terri Summers

Crye-Leike REALTORS Bryant Listed on: 06/16/2020

Crye-Leike REALTORS Bryant

Last Buyer's Agent

Frankie Rivers

Moore and Co., Realtors - Benton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1.25 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,950 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Home Office
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Central Air

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Craftsman
  • LVT Date: 06/29/2020
  • New Construction: Yes
  • Price Per Sq Ft: 152.51
  • Road Surface: Paved
  • Type: Detached
  • Warranty: 1Yr Warr Offrd By Builder
  • Estimated Year Built: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Dining Room: Breakfast Bar
  • Fireplace: Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 2950
  • Bedrooms: 4
  • Floors: Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Double Oven, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Wall Oven
  • Other Rooms: Great Room, Office/Study, Bonus Room, Laundry
  • Stories: 1.5 Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Water-Public, Gas-Natural, Telephone-Private
  • Heat Air: Central Cool-Electric

Lot Info

  • Estimated Lot Size: 1.25
  • Estimated Lot Size: irregular
  • Lot: Level, Corner Lot, Extra Landscaping, In Subdivision

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 24, 2020
Sold by
Covenant Homebuilders Inc
Bought by
Reeves Joshua S and Reeves Kaitlyn B
Seller's Agent
Terri Summers
Crye-Leike REALTORS Bryant
Buyer's Agent
Frankie Rivers
Moore and Co., Realtors - Benton
List Price
$449,900
Sold Price
$449,900
Total Days on Market
38
Current Estimated Value
$624,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,711
Avg. Annual Appreciation
7.55%
Original Mortgage
$422,060
Outstanding Balance
$381,474
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$259,806

Purchase Details

Closed on
May 9, 2019
Sold by
Jw Landholding Llc
Bought by
Covenant Homebuilders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Reeves Joshua S $449,900 Waco Title Company Saline
Covenant Homebuilders Inc $75,000 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Joshua S $422,060
Previous Owner Covenant Homebuilders Inc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $449,900 0.0% $153 / Sq Ft
06/16/2020 06/16/20 For Sale $449,900 -- $153 / 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 $4,225 $90,079 $19,200 $70,879
2023 $5,206 $90,079 $19,200 $70,879
2022 $4,856 $90,079 $19,200 $70,879
2021 $4,519 $69,686 $16,000 $53,686
2020 $1,658 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Summers

    Seller's Agent in 2020

    Terri Summers

    Crye-Leike

    (501) 258-6408

    270 Total Sales

    Terri Summers
    Section Image
  • Frankie Rivers

    Buyer's Agent in 2020

    Frankie Rivers

    Moore and Co., Realtors - Benton

    (501) 425-4515

    148 Total Sales

    Frankie Rivers
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20019810

Cooperative Arkansas REALTORS® MLS

APN: 343-02200-008

Arkansas Saline County Alexander 72002

9040 Red Barn Way, Alexander, AR

This home is located at 9040 Red Barn Way, Alexander, AR 72002 since 16 June 2020 and is currently estimated at $624,611, approximately $211 per square foot. This property was built in 2020. 9040 Red Barn Way is a home located in Saline County with nearby schools including Salem 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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