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3201 Rook Ridge Ln
Score
0
Benton, AR

3201 Rook Ridge Ln

390K
2 bd • 2 ba • 2,612 sf

This analysis was generated on 2/6/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$390,000

Price/Sq.Ft

$149

Year Built

2017

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Spacious Acreage: The 3.4-acre lot provides ample space for privacy, recreation, and potential expansion. Land of this size offers a buffer from neighbors and creates a sense of seclusion. • Large Wrap-Around Porch: The 8-foot wrap-around porch offers significant outdoor living space, ideal for enjoying the scenery and wildlife. This adds functional square footage and enhances the property's appeal. • Open Floor Plan: The open kitchen, living, and dining room combo creates a spacious and inviting atmosphere, conducive to entertaining and family gatherings. • Whole Home Generator: The included whole-home generator provides a valuable backup power source, ensuring comfort and safety during outages. Installation of a similar system would cost approximately $5,000-$8,000. • Abundant Storage: The home boasts ample storage space, including a large walk-in closet, attic storage, and outdoor storage spaces, catering to those with significant storage needs.

The Bad

• Limited Bedroom Count: Although listed as a 2-bedroom, one of the rooms is a converted closet and the other is a loft. This configuration may not suit buyers needing clearly defined, traditional bedrooms. • Average School Ratings: The local elementary and middle schools have a rating of 5/10, which is only average. This could be a concern for families prioritizing education. • Location Outside City Limits: While offering privacy, the location outside Benton means potentially longer commute times and less convenient access to city amenities. • Reliance on Well/Septic: If the property utilizes well water and a septic system, these require regular maintenance and potential repairs, adding to the overall cost of ownership. Well pump replacement can cost $1,500-$3,000, and septic tank cleaning averages $300-$500 every 3-5 years. • Loft as Bedroom: The loft space, while large (600 sq ft), may not meet building codes for a legal bedroom if it lacks proper egress or ceiling height.

The Ugly

• Potential Septic System Issues: Homes outside city limits often rely on septic systems, which can be costly to repair or replace. A full septic inspection is crucial to assess the system's condition. Failure to maintain the system can lead to ground water contamination. • Fire Risk: The major fire risk (5/10) can lead to higher insurance premiums and potential property damage. Mitigating this risk might require significant investment in landscaping and fire-resistant materials. • Dependence on Private Well (if applicable): If the property relies on a private well, water quality and availability can be concerns. Regular testing and maintenance are essential, and the well could potentially run dry during droughts. Drilling a new well costs $5,000-$15,000. • Commute to Little Rock: While Benton offers some amenities, many residents commute to Little Rock for work. The commute can be time-consuming and expensive, adding to the overall cost of living. • Limited Appreciation Potential: While Benton is growing, the property's location outside city limits and reliance on well/septic (potentially) might limit its appreciation potential compared to properties within city limits.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers seeking privacy and acreage: The 3.4-acre lot provides ample space and seclusion, appealing to those who value peace and quiet outside the city. • Buyers desiring a home with unique features: The wrap-around porch, open floor plan, and loft offer distinct characteristics that differentiate this property from typical homes. • Buyers who need ample storage: With a large walk-in closet (convertible bedroom), attic storage, and outdoor storage spaces, this home suits those with significant storage requirements. • Buyers who want a backup power solution: The whole-home generator provides peace of mind during power outages, a valuable asset for those concerned about weather-related disruptions. • Buyers interested in nature and wildlife: The creek running through the property and the surrounding scenery will appeal to nature enthusiasts.

Not For

• Buyers prioritizing top-rated schools: The elementary and middle schools have average ratings (5/10), which may not be suitable for those with high educational expectations. • Buyers needing more than two traditional bedrooms: The property technically has only one official bedroom, with the additional room being used as an office/bedroom and a loft. This configuration may not suit those needing clearly defined bedroom spaces. • Buyers seeking low-maintenance properties: The 3.4-acre lot requires ongoing maintenance, and the property's location outside the city might mean reliance on well water or septic systems, adding to maintenance responsibilities. • Buyers on a tight budget: While the price per square foot seems reasonable, factors like fire risk and potential well/septic maintenance can add unexpected costs. • Buyers prioritizing neighborhood amenities: Being located outside the city, this property offers less immediate access to amenities like restaurants, shops, and public transportation.
Demographics
Area Median Income

$57,324

Property History

Price History
Ownership Timeline
$0Cash Purchase
Aug 10, 2016
Rhonda Baldridge, Rodney Baldridge
Deed Of Trust
Construction Sale

Property Taxes

$1,506
2023 Tax Assessment
3.2%from previous year
Assessed Value$38,420
Tax Rate3.92%

Sunlight Analysis

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Sunlight Analysis

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Schools

Nearby school quality by education level

Elementary

5.0/10
Average

Middle

5.0/10
Average

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (2 bed)

$890

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$390,000
Price/sqft
$149
Layout
2 bd2 ba
Days on market
50 daysat time of analysis

Stats in the Area

Based on 2 comparable properties nearby

Average Price

$162,000

140.7%

Your price is 140.7% above average

Median Price

$164,000

137.8%

Based on 2 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

Detonti Road, Bauxite, AR 72011
Price: $160,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/17/2024
Detonti Road, Bauxite, AR 72011
Price: $164,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/17/2024

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