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511 Melrose Place

511 Melrose Place, Bentonville, AR 72712
House in Benton
511 Melrose Place in Bentonville, AR was first built in 2020 and is 6 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 511 Melrose Place has 2,048 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. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. There is a and a . The home has a style roof made of . For those who need parking, there is a . The garage is 576 sqft. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The exterior walls of the home are made of . 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 . As for heating, the home is utilizing . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 511 Melrose Place sold most recently in Dec 17, 2021 for a total of $325,000. If you work out the math, that's approximately a cost of $158.69 per sqft. Before that, the property was also sold for $261,000 in Aug 25, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $286,535 in taxes each year. 511 Melrose Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,440. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $35,440. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211111
11/11/2021
4 Bed
2 Bath
2048 ft²
$330,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
2048 ft²
-
-
Eric Bell
Lindsey & Assoc Inc Branch


Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,048
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD PARK SUB PH 3-CENTERTON
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • Legal Description 1: PLAT 10/11/2019 L201954493

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020904

Geography

  • District: 06
  • Parcel: 06-05989-000
  • Lot: 85
  • Meridian: SEC 21 TWN 20 RNG 31
  • Municipality: CENTERTON
  • Latitude: 36.4004
  • Longitude: -94.2895

    Address

  • Full Address: 511 Melrose Pl
  • Address - House Number: 511
  • Address - Street Name: Melrose
  • Address - Suffix Type: Pl
  • State: AR
  • City Name: Bentonville
  • Carrier Code: R050
  • 4-Digit Zip Code: 2014
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $286,535
  • Tax Rate Code Area: CC6

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 393,472
  • High Value: 468,142
  • Low Value: 318,802

    Market Valuation

  • Market Total Value: $232,200
  • Market Land Value: $55,000
  • Market Improvement Value: $177,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,440
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $35,440

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: L202195330
  • Previous Sale Recording Date: Sep 03, 2020
  • Previous Sale Contract Date: Aug 25, 2020
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Benton



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Frequently Asked Questions

What neighborhood is 511 Melrose Place located in?
The 511 Melrose Place is a house located in the neighborhood of Benton in Benton, Bentonville.
What is the average sales price for listings in 511 Melrose Place?
The average sales price for units in 511 Melrose Place is $0 currently.