See Home Value
$3,555,892*
House - Off Market

401 W Central AVE

Bentonville, AR 72712
bedrooms
4 Beds
bathrooms
4 Baths
square feet
7690 Sqft
$3,146,000 - $3,844,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold May 16, 2023
$3,250,000
$2,600,000 by First-citizens Bank & Trust Co
Mortgage Due Jun 01, 2053
Sold Sep 10, 2021
$500,000

About This Property

DOWNTOWN BENTONVILLE MID-CENTURY MASTERPIECE set on a rare .53 acre lot that runs street to street b/w Central Ave and SW 2nd Street! Private drive w/ entrances off both streets & electric privacy gate off 2nd St. Built in 1954, this home underwent an extensive remodel completed in 2018 & features 6,286 sq ft of living space w/ a 1,404 sq ft heated & cooled oversized 4 car garage w/ full kitchen. 3 bedrooms on main level including the luxurious 1,600 sq ft master retreat w/ 16' ceilings, custom 14' fireplace, private patio, boutique style closet w/ safe room attached, & amazing spa bath. Temp controlled wine cellar holds 1,000 bottles. Amazing kitchen w/ high-end Wolf & Subzero appliances & European style modern motorized touch open & close cabinets. Second floor hosts entertainment room & en suite bedroom. 5 fireplaces, 3 indoor/2 outdoor, w/ 3 outdoor living spaces. Smart home running the audio, lighting & motorized shades from wall touch switches, iPhone or iPad.

The manager has listed the unit size as 7690 square feet.
Unit Size
7,690Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$454
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954

Price History

Date / Event Date Event Price
May 16, 2023 Sold $3,250,000
Sold
Apr 13, 2023 No longer available -
No longer available
Oct 5, 2022 Listed $3,495,000
Listed
Jun 17, 2022 No longer available -
No longer available
Sep 10, 2021 Sold to Julie P Freeman, Steven M F... $500,000
Sold to Julie P Freeman, Steven M F...
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 1,404
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 6,286
  • Building Area: 6,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BENTONVILLE ORIG-BENTONVILLE
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BENTONVILLE ORD NO 2019-84(VACATES PT ALLEY) THE EAST HALF (E 1/2) OF LOT 158 IN THE ORIGINAL TOWN OF BENTONVILLE, BENTON COU

Ownership

  • Current Owner : 401 W CENTRAL AVENUE TRUST
  • Previous Owner : FREEMAN LIVING TRUST
  • Owner Before Previous Owner: MOLIUMA TWO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020604

Geography

  • District: 01
  • Parcel: 01-01100-000
  • Lot: 158,172
  • Meridian: SEC 30 TWN 20 RNG 30
  • Municipality: BENTONVILLE
  • Latitude: 36.372
  • Longitude: -94.2127

    Address

  • Full Address: 401 W Central Ave
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Bentonville
  • Carrier Code: C003
  • 4-Digit Zip Code: 5244
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,300
  • Tax Rate Code Area: C6

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 77
  • Final Value: 602,025
  • High Value: 705,804
  • Low Value: 498,246

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,600,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: May 16, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,600,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $1,723,340
  • Market Land Value: $502,140
  • Market Improvement Value: $1,221,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,668
  • Assessed Land Value: $100,428
  • Assessed Improvements Value: $244,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Transaction ID: 11906968555
  • Current Sale Price: $3,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23972
  • Previous Sale Recording Date: Sep 10, 2021
  • Previous Sale Contract Date: Sep 07, 2021
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: May 16, 2023
  • First Mortgage Loan Amount: $2,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
7 Baths
11,380 ft²
$290/ft²
$3,300,000 Sep 22, 2022
-
-

About Bentonville


Similar Homes for Sale

Unit for sale at 711 West Central Avenue, Bentonville, AR 72712

$3,300,000

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Nearby Rentals

Unit for rent at 529  Sw 5th  St, Bentonville, AR, 72712

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Unit for rent at 537  Sw 5th  St, Bentonville, AR, 72712

$3,200 /mo

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  • 1,730 ft²
537 Sw 5th St, Bentonville, AR, 72712 Listing by Mayer Team
Unit for rent at 1402 Casuarina  Dr, Bentonville, AR, 72712

$1,575 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,400 ft²
1402 Casuarina Dr, Bentonville, AR, 72712 Listing by Bill Robinson


Frequently Asked Questions

When was property at 401 West Central Avenue built and last sold?
The property at 401 West Central Avenue was built in 1954 and last sold on May 10, 2023 for $3,250,000.
How much is this home worth?
The estimated value of the home located at 401 West Central Avenue is $3,408,171.
What are some comparable homes to 401 West Central Avenue?
There are currently no comparable homes to 401 West Central Avenue.

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