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704 Bellmara Circle

704 Bellmara Circle, Cave Springs, AR 72718
Property in Benton
Sold Jul 07, 2017
$289,900
$254,273 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2047
Sold Jun 27, 2016
$275,000
704 Bellmara Circle in Cave Springs, AR was first built in 2016 and is 8 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 2 full bathrooms. There are 3 partial bathrooms. 704 Bellmara Circle has 2,445 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 8,712 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 693 sqft. There are a total of 2 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 C+. 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. The property was last sold in Jun 30, 2017 for $289,900. That's $118.57 per sqft. Prior to that sales transaction, the property was also sold in May 27, 2016 for $275,000. 704 Bellmara Circle was last assessed in 2023. The total value of the property was assessed at $63,680. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $53,680. 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 $3,904. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 693
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,445
  • Building Area: 2,445
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARBELLA PH 1-CAVE SPRINGS
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 7/02/2014 2014-323

Ownership

  • Current Owner : BAKER MARIAN
  • Previous Owner : KIBBEY DAVID E
  • Owner Before Previous Owner: DIVERSIFIED FINANCIAL HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 021308

Geography

  • District: 05
  • Parcel: 05-12176-000
  • Lot: 62
  • Meridian: SEC 31 TWN 19 RNG 30
  • Municipality: CAVE SPRINGS
  • Latitude: 36.2784
  • Longitude: -94.215

    Address

  • Full Address: 704 Bellmara Cir
  • Address - House Number: 704
  • Address - Street Name: Bellmara
  • Address - Suffix Type: Cir
  • State: AR
  • City Name: Cave Springs
  • Carrier Code: R022
  • 4-Digit Zip Code: 5600
  • Zip Code: 72718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,904
  • Tax Rate Code Area: CS6

    Appraisal Valuation

  • Standard Deviation: 0.1876
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 75
  • Final Value: 501,226
  • High Value: 595,258
  • Low Value: 407,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $254,273
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 07, 2017
  • First Open Lien Mortgage Loan Amount: $254,273
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $318,400
  • Market Land Value: $50,000
  • Market Improvement Value: $268,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,680
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $53,680

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Transaction ID: 1732334000
  • Current Sale Price: $289,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 27, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 07, 2017
  • First Mortgage Loan Amount: $254,273
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 704 Bellmara Circle located in?
The 704 Bellmara Circle is a located in the neighborhood of Benton in Cave Springs, Cave Springs.
What is the average sales price for listings in 704 Bellmara Circle?
The average sales price for units in 704 Bellmara Circle is $0 currently.

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