2502 Elmwood Ave, Lowell, AR, 72745

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2502 Elmwood Ave, Lowell$385,000

Buyer Closing Credits

$4,572^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached, Garage, Garage Door Opener

Attached GarageYes

Year Built2017

HeatingCentral, Natural Gas

CoolingCentral Air, Electric

WaterfrontNone

FireplaceFamily Room

MLS #1287535

Lot Size0.19 Acres

StatusActive

About 2502 Elmwood Ave

Motivated Seller!!! Beautiful like-new home in wonderful neighborhood & most convenient location! Come see this expansive and highly desirable floorplan boasting 1981sqft, 3brs, 2ba, cathedral ceilings, screened-in porch, and truly expansive spaces throughout! And the wonderful kitchen refrigerator, washer, and dryer are included! Other notale features: granite countertops, massive primary closet, formal dining space, dedicated pantry, well maintained yard/landscaping... and more! Lakewood subdivision is just seconds from Cave Springs, Bentonville, interstate, and the wonderful/amazing Mt Hebron Park.

View More

Property Details

Property Features

Property Information:

• Year Built: 2017
• Stories: 1
• Living Area: 1,981 SqFt

Listing Office:

• Office Name: Limbird Real Estate Group
• Office Phone: (855) 755-7653

Interior Features

Interior Information:

• Appliances: Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Self Cleaning Oven
• Basement: No
• Flooring Type: Carpet, Ceramic Tile
• Interior: Attic, Ceiling Fan(s), Walk-In Closet(s)
• Fireplace: Family Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Concrete Driveway

Parking Information:

• Attached Garage: Yes
• Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

• Virtual Tour: 2502 Elmwood Ave

Virtual Tour

Lot Features

Lot Information:

• Lot: Cleared, Cul-De-Sac, Landscaped, Level, Subdivision, Views
• Lot Size: 0.19 Acres

Utilities

Utilities Information:

• Heating: Central, Natural Gas
• Cooling: Central Air, Electric

Other

Directions Information:

• Directions: Exit I-49 on W Monroe Ave, turn right to NW AR Regional Airport, then in 2.5 miles turn right onto Woodland St, then another right onto Elmwood Ave and the home will be on your left.

Price Information

Listing Price Info

Price Summary:

• List Price: $385,000
• Price Per SqFt: $194/SqFt

HOA Fees:

• Amount: $250
• Frequency: Annually

Tax Information:

• Annual Amount: $2,349
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lowell, AR.

Lowell, AR

City

Med. Sold Price

$350K

Med. Price/SqFt

$202

Avg. Days On Market

58

# of Sold Homes

15

2502 Elmwood Ave vs Lowell

55 DAYS ON ROCKET

-3 Days

$385,000

+$35K More

$194/SqFt

-$8 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $8/SqFt less than other homes in Lowell, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: ARKMLS
• MLS Number: #1287535

Listing Office:

• Office Name: Limbird Real Estate Group
• Office Phone: (855) 755-7653

Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Nov 03, 2017	Nov 03, 2017Home Sold	$217,005

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,349	$40,360
2019	$2,288	$40,360
2018	$386	$40,360
2017	-	$6,800

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,009

Per Month

Principal & Interest

$1,922

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$20

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Arkansas›Benton County›Lowell›72745›2502 Elmwood Ave

This home is located at 2502 Elmwood Ave in Lowell, AR and zip code 72745. This 1,981 square foot home, which was built in 2017, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $385,000.

Over 4 listings were sold over their listed price in October 2024 in Lowell, AR. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Lowell, AR increased by 10.7% between September 2024 and October 2024. In October 2024 median list price was $350,000 and the average listing age was 58 days.

From Rocket Homes Real Estate and based on county public records data.