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1605 Park Ridge Way

Cave Springs, AR 72718

4 bd 5 ba 4,033 sqft Built 2009 Lot 40,946 sqft single_family
Most recent sale
$900,000
Jan 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 10, 2024 Sold $900,000 NorthWestAR
Dec 7, 2023 Price changed $1,000,000 NorthWestAR
Oct 17, 2023 Listed $1,089,000 NorthWestAR
Apr 6, 2021 Sold $120,000 Public Record
Jul 16, 2014 Sold $456,000 Public Record
Jan 2, 2014 Listing removed $509,000 NorthWestAR
Nov 16, 2013 Price changed $509,000 NorthWestAR
Jun 1, 2013 Price changed $525,000 NorthWestAR
Nov 23, 2012 Listed $500,000 NorthWestAR
Jul 17, 2012 Listing removed $515,000 NorthWestAR
Apr 12, 2012 Listed $515,000 NorthWestAR
Apr 10, 2012 Listing removed $519,000 NorthWestAR
Nov 4, 2011 Price changed $519,000 NorthWestAR
Aug 19, 2011 Listed $549,000 NorthWestAR
Feb 24, 2009 Sold $73,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $164,721 $19,000 $183,721 $9,297
2024 $164,721 $19,000 $183,721 $6,055
2023 $103,080 $19,000 $122,080 $5,896
2022 $103,080 $19,000 $122,080 $5,682
2021 $103,080 $19,000 $122,080 $5,391
2020 $86,930 $14,400 $101,330 $5,132
2018 $86,930 $14,400 $101,330 $5,157
2017 $86,930 $14,400 $101,330 $4,864
2016 $81,550 $14,400 $95,950 $4,725
2015 $81,550 $14,400 $95,950 $4,723
2014 $81,450 $14,100 $95,550 $4,508
2013 $81,450 $14,100 $95,550 $4,489
2012 $81,450 $14,100 $95,550 $4,489
2011 $81,450 $14,100 $95,550 $4,489
2010 $81,450 $14,100 $95,550 $4,808
2009 $81,450 $20,400 $101,850 $947
2008 $18,800 $18,800 $949
2007 $18,800 $18,800 $955
2006 $18,800 $18,800 $958

Property facts

Year built
2009
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
4,033 sqft
Lot size
40,946 sqft
ZIP code
72718
City
Cave Springs
Street
Park Ridge Way
Coordinates
36.26156, -94.20188

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,050
Gross rental yield
8.07%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 1605 Park Ridge Way last sell?
1605 Park Ridge Way most recently sold on Jan 10, 2024 for $900,000.
What is the current tax assessment for 1605 Park Ridge Way?
The most recent total assessment for 1605 Park Ridge Way (year 2025) is $183,721 with $9,297 in property tax.
How does 1605 Park Ridge Way's assessment compare to its last sale price?
The current assessment is 79.6% below the last sale price of $900,000.
When was 1605 Park Ridge Way built?
1605 Park Ridge Way was built in 2009.
How does 1605 Park Ridge Way compare to others on Park Ridge Way?
We track 4 other properties on Park Ridge Way. Browse the list under "Other properties on Park Ridge Way" to compare beds, baths, and sale history.
What are the property facts for 1605 Park Ridge Way?
1605 Park Ridge Way is a 4 bed, 5 bath, 4,033 sqft, 40,946 sqft lot single_family.
Is 1605 Park Ridge Way a flip candidate?
No — 1605 Park Ridge Way does not appear in our flips dataset.
Is 1605 Park Ridge Way a tax-appeal candidate?
No — 1605 Park Ridge Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q2
$550.8K
2026 Q3
$550.3K
ZIP 72718 — Median Price History + Forecast

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