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705 Drake St, Bentonville, AR, 72712

$475,000

Home List Price

$5,641*

Closing Credit

4 Bedrooms
2 Full Baths
2,096 SqFt
$227/SqFt
House

Location

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705 Drake St, Bentonville$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached GarageYes
Year Built1997
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontNone
FireplaceGas Log
MLS #1290808
Lot Size0.21 Acres
StatusActive

About 705 Drake St

Located in the desirable College Place Subdivision, this charming 4-bed, 2-bath home offers a blend of comfort and convenience. Step inside to find a spacious layout featuring granite countertops in the kitchen, ideal for both everyday cooking and entertaining. The fenced backyard provides privacy and a perfect spot for relaxation. Set in an excellent location, zoned for Bentonville schools, and only one mile to David Glass Technology Center, this home offers proximity to shopping and trails.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1997
  • Stories: 1
  • Living Area: 2,096 SqFt

Listing Office:

  • Office Name: Coldwell Banker Harris McHaney & Faucette-Rogers
  • Office Phone: (479) 696-0600

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement: No
  • Flooring Type: Ceramic Tile, Laminate, Simulated Wood
  • Interior: Attic, Built-in Features, Ceiling Fan(s), Granite Counters, Pantry, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Concrete Driveway

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Cleared, City Lot, Landscaped, Level, Subdivision
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-49 North Exit 87 to 8th St. Right on 8th take round about 2nd exit Right on SE sixth St to Drake

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $227/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,529
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$480.1K

Med. Price/SqFt

$214

Avg. Days On Market

74

# of Sold Homes

80

705 Drake St vs Bentonville

49 DAYS ON ROCKET

-25 Days

$475,000

-$5.1K Less

$227/SqFt

+$13 More

KEY TAKEAWAY

This property is $5.1K less than the Median Sold Price and $13/SqFt more than other homes in Bentonville, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1290808

Listing Office:

  • Office Name: Coldwell Banker Harris McHaney & Faucette-Rogers
  • Office Phone: (479) 696-0600

Broker Reciprocity 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: 12/22/2024, 5:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2021Home Sold
$305,000
Jun 29, 2010Home Sold
$178,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,529$39,700
2019$2,528$39,700
2018$2,101$39,700
2017$1,916$39,700

History based on county public records data.

Payment Calculator

$2,444

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882366
5
/10
  • Joe Mathias Elementary School

  • 1609 N 24th St

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-882367
8
/10
  • Apple Glen Elementary School

  • 1801 NE Brave Ln

  • 1.48 miles

  • Public District Grades KG-4

school-card-donut-882368
6
/10
  • Reagan Elementary School

  • 3904 W Olive St

  • 1.64 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,056. Most Bentonville, AR residents have annual incomes between $100k-200k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Bentonville, AR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Bentonville, AR?

Bentonville's housing market is diverse, offering a range of options from charming single-family homes to modern apartments and townhouses. The architectural styles vary, with a noticeable presence of contemporary and craftsman designs. Single-family homes are the most prevalent, making up a significant portion of the market, while multifamily units provide alternatives for those seeking a more urban living experience. The homeownership rate in Bentonville is robust, reflecting a community invested in long-term residency.

What are the advantages of living in Bentonville, AR?

Bentonville is celebrated for its vibrant community spirit and cultural richness. The city prides itself on its thriving arts scene, numerous parks, and trails that encourage outdoor activities. Annual events and festivals highlight the local heritage and foster a sense of community among residents. The town's character is further defined by its blend of historic charm and innovative growth, making it an attractive place for families and professionals alike.

Are essential services in Bentonville, AR convenient?

The community is served by a comprehensive educational system, including several public schools at the elementary, middle, and high school levels, as well as private educational institutions. Healthcare services are accessible, with a local hospital and various clinics offering a range of medical care. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on farm-to-table restaurants and boutique shopping experiences. City initiatives are in place to continually improve services to meet the needs of a growing population.

How do Bentonville, AR residents get around?

Bentonville features a reliable transport infrastructure with a focus on both private and public transit options. The city's roadways and highways are well-maintained, facilitating easy commuting and travel to surrounding areas. Public transportation services are available, providing connectivity within the city and beyond. The community is also becoming increasingly bike-friendly, with dedicated lanes and trails. While specific ride-sharing services are present, they complement the existing transport options, offering residents and visitors an array of choices for their mobility needs.

Frequently Asked Questions About 705 Drake St

What is the listing price of this property?

The listing price of 705 Drake St property is $475,000.

What type of property is this?

The property 705 Drake St is a house located in Bentonville, Arkansas, 72712.

Is this property for sale now?

Active Listing: 705 Drake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,529 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2021 for $305,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Drake St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 Drake St is 2,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Drake St is 1997.

Rocket HomesArkansasBenton CountyBentonville72712705 Drake St

This home is located at 705 Drake St in Bentonville, AR and zip code 72712. This 2,096 square foot home, which was built in 1997, sits on a 0.21 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $475,000.

Bentonville, AR housing market in November 2024 saw over 20 listings sold above listed price, more than 31 sold at listed price and over 29 sold below. Between October 2024 and November 2024, Bentonville, AR real estate market has seen decrease in the number of listings by 6.5%. Listings spent 74 days on the market in November 2024, and had a median list price of $480,167 during the same period.

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

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