1022 Cherry Ln West Memphis, AR 72301
Estimated Value: $195,668 - $243,000
4
Beds
3
Baths
2,349
Sq Ft
$96/Sq Ft
Est. Value
About This Home
This home is located at 1022 Cherry Ln, West Memphis, AR 72301 and is currently estimated at $224,667, approximately $95 per square foot. 1022 Cherry Ln is a home located in Crittenden County with nearby schools including Richland Elementary School, West Junior High School, and The Academies of West Memphis Charter School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2019
Sold by
Sorrells Stephen C
Bought by
Merritt Latasha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,301
Outstanding Balance
$128,106
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$96,561
Purchase Details
Closed on
Feb 26, 2019
Sold by
Sorrells Heather T
Bought by
Sorrells Stephen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,301
Outstanding Balance
$128,106
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$96,561
Purchase Details
Closed on
Feb 26, 2007
Sold by
Sorrells Stephen C
Bought by
Sorrells Stephen C
Purchase Details
Closed on
Dec 1, 2003
Sold by
Not Provided
Bought by
Sorrells Stephen C and Sorrells Heather T
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merritt Latasha | $149,000 | None Available | |
| Sorrells Stephen C | -- | None Available | |
| Sorrells Stephen C | -- | -- | |
| Sorrells Stephen C | $90,758 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Merritt Latasha | $146,301 |
Source: Public Records
Tax History Compared to Growth
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 | $1,302 | $35,167 | $4,800 | $30,367 |
| 2024 | $756 | $26,130 | $4,800 | $21,330 |
| 2023 | $831 | $26,130 | $4,800 | $21,330 |
| 2022 | $881 | $26,130 | $4,800 | $21,330 |
| 2021 | $881 | $26,130 | $4,800 | $21,330 |
| 2020 | $1,184 | $26,130 | $4,800 | $21,330 |
| 2019 | $847 | $22,400 | $4,600 | $17,800 |
| 2018 | $910 | $22,400 | $4,600 | $17,800 |
| 2017 | $910 | $22,400 | $4,600 | $17,800 |
| 2016 | $856 | $22,400 | $4,600 | $17,800 |
| 2015 | $919 | $22,400 | $4,600 | $17,800 |
| 2014 | $1,000 | $24,380 | $4,800 | $19,580 |
Source: Public Records
Map
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