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12175 Lost Oak Drive

12175 Lost Oak Drive, Bentonville, AR 72712
House in Benton
Sold Jun 07, 2021
$550,000
$400,000 by Open Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Oct 08, 2020
$515,000
$412,000 by Open Mortgage Llc
Mortgage Due Nov 01, 2050
Local assessors in Bentonville, AR have categorized 12175 Lost Oak Drive as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 32,234 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12175 Lost Oak Drive has a total of 3,132 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 822 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of fiberglass. Lots of masonry were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jun 4, 2021 for $550,000. That's $175.61 per sqft. Prior to that sales transaction, the property was also sold in Oct 8, 2020 for $515,000. 12175 Lost Oak Drive was last assessed in 2023. The total value of the property was assessed at $82,470. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $70,470. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,643. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 822
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,234
  • Total Building Area: 3,132
  • Building Area: 3,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENSTONE ESTATES-RURBAN
  • Land Acres: 0.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 9/13/2012 2012-350 COVENANTS 9/13/2012 2012-36817

Ownership

  • Current Owner : RAYL MICHAEL
  • Current Owner 2: CASTRO JENNIFER
  • Previous Owner : MCCOY BRUCE N
  • Previous Owner 2: MCCOY MELISSA M
  • Owner Before Previous Owner: NANNIE TERRY E
  • Owner Before Previous Owner 2: NANNIE JULIE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020806

Geography

  • District: 15
  • Parcel: 15-18512-000
  • Lot: 48
  • Meridian: SEC 17 TWN 20 RNG 31
  • Municipality: RURBAN
  • Latitude: 36.4067
  • Longitude: -94.297

    Address

  • Full Address: 12175 Lost Oak Dr
  • Address - House Number: 12175
  • Address - Street Name: Lost Oak
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Bentonville
  • Carrier Code: R050
  • 4-Digit Zip Code: 4052
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,643
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 78
  • Final Value: 669,341
  • High Value: 781,227
  • Low Value: 557,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: OPEN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $412,350
  • Market Land Value: $60,000
  • Market Improvement Value: $352,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,470
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $70,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837683275
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021042562
  • Previous Sale Recording Date: Oct 08, 2020
  • Previous Sale Contract Date: Oct 08, 2020
  • Previous Sale Amount: $515,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPEN MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OPEN MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 08, 2020
  • Previous Mortgage Loan Amount: $412,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About Benton



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Frequently Asked Questions

What neighborhood is 12175 Lost Oak Drive located in?
The 12175 Lost Oak Drive is a house located in the neighborhood of Benton in Benton, Bentonville.
What is the average sales price for listings in 12175 Lost Oak Drive?
The average sales price for units in 12175 Lost Oak Drive is $514,900 , or $164/sqft. currently.

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