NOT LISTED FOR SALE

1 Shelby Rd Unit 507 Sherwood, AR 72120

Estimated Value: $109,000 - $174,000

2 Beds
2.5 Baths
982 Sq Ft
436 Sq Ft Lot

About This Home

As of September 2015

Great rental property! Not only do you not have to worry about yard work, you can sit by the pool and relax! This condo is perfect if you're wanting something low maintenance so you can have time to do what you want. Water/gas bill paid. Living Room, Kitchen and 1/2 bath are downstairs, 2 bedrooms and 2 full baths upstairs. Fridge, washer and dryer stay in property.

Last Agent to Rent the Property

Amber Leavitt-Perry

The Property Group Listed on: 05/25/2015

Last Renter's Agent

Amber Leavitt-Perry

The Property Group Listed on: 05/25/2015

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $749

Year Built

  • Built in 1984

Lot Details

  • 436

Home Design

  • 982 Sq Ft Home

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Pad

Additional Features

  • Property is in very good condition
  • Central Heating and Cooling System

Community Details

  • Pets Allowed
  • Pet Deposit $300

Listing and Financial Details

  • Security Deposit $750
  • The owner pays for homeowners assoc., natural gas, parking, water

Condo Details

Home Type

Condominium

Est. Annual Taxes

$749

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Owner Furnishes: Homeowners Assoc., Natural Gas, Parking, Water

Listing Details

  • Class: Rental
  • Inside City Limits: Yes
  • Type: Rn-Condominium
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Appliances: Disposal, Dryer, Dishwasher, Electric, Refrigerator, Range W/Oven, Washer
  • Laundry: Dryer, Electric Connection, Washer
  • Estimated Sq Ft: 982
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Condition: Very Good

Garage/Parking

  • Garage: One Car Parking Pad

Utilities

  • Heating: Central
  • Cooling: Central

Condo/Co-op/Association

  • Pets: Yes

Lot Info

  • Geo Subdivision: AR

Multi Family

  • Lease Duration: Yearly
  • Lease Required: Yes
  • Pet Deposit Dollar: 300
  • Security Deposit Dollar: 750
  • Tenant Furnishes: Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Schultz Patrick J and Schultz Kathie S
Bought by
Stearns Rhonda
Current Estimated Value
$127,075

Purchase Details

Closed on
Jun 27, 2019
Sold by
Ruff Charlene Marie
Bought by
Schultz Patrick J and Schultz Kathie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Fox Misty and Fox Eric
Bought by
Ruff Charlene Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,695
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2008
Sold by
Guthridge Marie
Bought by
Butts Misty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,887
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2007
Sold by
Mustin Luci A and Best Lamont L
Bought by
Guthridge Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2000
Sold by
Johnson Britton Paul E and Johnson Britton Tonya D
Bought by
Mustin Luci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
8.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stearns Rhonda $98,000 Land Title
Schultz Patrick J $69,000 Lenders Title Company
Ruff Charlene Marie $72,000 Commerce Title & Closing Ser
Butts Misty $72,000 Professional Land Title Comp
Guthridge Marie $60,000 Professional Land Title Comp
Mustin Luci A $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Patrick J $69,000
Previous Owner Ruff Charlene Marie $70,695
Previous Owner Butts Misty $70,887
Previous Owner Guthridge Marie $48,000
Previous Owner Mustin Luci A $48,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Rented $750 -11.8% --
09/25/2015 09/25/15 Under Contract -- -- --
05/25/2015 05/25/15 For Rent $850 -- --
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $749 $14,367 $200 $14,167
2024 $703 $14,367 $200 $14,167
2023 $703 $14,367 $200 $14,167
2022 $806 $14,367 $200 $14,167
2021 $792 $13,490 $2,400 $11,090
2020 $417 $13,490 $2,400 $11,090
2019 $537 $16,300 $2,400 $13,900
2018 $879 $16,300 $2,400 $13,900
2017 $795 $16,300 $2,400 $13,900
2016 $730 $12,640 $2,040 $10,600
2015 $642 $12,640 $2,040 $10,600
2014 $642 $12,640 $2,040 $10,600
Source: Public Records

Agents Affiliated with this Home

  • Amber Leavitt-Perry

    Landlord's Agent in 2015

    Amber Leavitt-Perry

    The Property Group

    (501) 281-5760

    7 in this area

    77 Total Sales

    Amber Leavitt-Perry
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15015164

Cooperative Arkansas REALTORS® MLS

APN: 23S-011-03-035-00

Arkansas Pulaski County Sherwood 72120

1 Shelby Rd Unit 507, Sherwood, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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