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507 Northeast Lake Pointe Place

507 Northeast Lake Pointe Place, Bentonville, AR 72712
Sold Dec 12, 2014
$545,000
$75,000 by Sirva Mortgage Inc
Mortgage Due Jan 01, 2045
Sold May 29, 2012
$2,791
507 Northeast Lake Pointe Place in Bentonville, AR was first built in 2014 and is 10 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 507 Northeast Lake Pointe Place has 2,503 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 2,310 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 792 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of masonry. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 507 Northeast Lake Pointe Place was last sold in Dec 12, 2014 for $545,000. According to our calculations, that's $217.74 per sqft. Prior to that sales transaction, the property was sold for $2,791 in May 16, 2012. Current property owners are expected to pay $6,058 in taxes per year. The property on 507 Northeast Lake Pointe Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $98,030. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $82,030. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

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: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,310
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,503
  • Building Area: 2,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODS CREEK SOUTH SUB PH II-BENTONVILLE
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 6/09/2006 2006-705 THRU 709

Ownership

  • Current Owner : DUCOTE CHAD EDWARD
  • Current Owner 2: DUCOTE AMY LYNN
  • Previous Owner : SEAY CONSTRUCTION INC
  • Owner Before Previous Owner: COMMISSIONER OF STATE LANDS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020102

Geography

  • District: 01
  • Parcel: 01-14381-000
  • Lot: 74
  • Meridian: SEC 27 TWN 20 RNG 30
  • Municipality: BENTONVILLE
  • Latitude: 36.3757
  • Longitude: -94.1606

    Address

  • Full Address: 507 Ne Lake Pointe Pl
  • Address - House Number: 507
  • Street Direction: NE
  • Address - Street Name: Lake Pointe
  • Address - Suffix Type: Pl
  • State: AR
  • City Name: Bentonville
  • Carrier Code: R017
  • 4-Digit Zip Code: 3001
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,058
  • Tax Rate Code Area: C6

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 683,874
  • High Value: 814,509
  • Low Value: 553,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: SIRVA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 12, 2014
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045

    Market Valuation

  • Market Total Value: $490,150
  • Market Land Value: $80,000
  • Market Improvement Value: $410,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,030
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $82,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2014
  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Transaction ID: 1023331445
  • Current Sale Price: $545,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 29, 2012
  • Previous Sale Contract Date: May 16, 2012
  • Previous Sale Amount: $2,791
  • Previous Sale Document Type: Redemption Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIRVA MORTGAGE INC
  • First Mortgage Transaction Date: Dec 12, 2014
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2045

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Frequently Asked Questions

What neighborhood is 507 Northeast Lake Pointe Place located in?
The 507 Northeast Lake Pointe Place is a located in the neighborhood of Woods Creek South in Woods Creek South, Bentonville.
What is the average sales price for listings in 507 Northeast Lake Pointe Place?
The average sales price for units in 507 Northeast Lake Pointe Place is $0 currently.

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