NOT LISTED FOR SALE

116 Sherwood Cove Marion, AR 72364

Estimated Value: $83,000 - $93,202

2 Beds
1 Bath
872 Sq Ft
$103/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $66,000 $76 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $520/month

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Double-Wide Driveway
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of December 2022

Cheaper than rent in Marion! Check out this 2 bedroom 1 bath home with fresh paint, new flooring, built ins, and new appliances! This is an open concept floor plan with large family room! All glass in windows is on order and being replaced before closing!

Last Agent to Sell the Property

The Laughter Team

Laughter Realty, Inc Brokerage Phone: 8707325200 Listed on: 10/08/2022

Last Buyer's Agent

Rita Fong

Remax Real Estate Today License #EB00064979

Remax Real Estate Today

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Double-Wide Driveway
  • Open Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Marion Elementary And Middle School
  • Marion High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Forrest Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 230130000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: Forrest Park
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1985
  • Attribution Contact: 8707325200
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Electric Range/Oven
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 872
  • Window Features: Single Pane Windows, All

Exterior Features

  • Fencing: Wood
  • Lot Features: None
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Double Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Other-See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Marion
  • High School: Marion
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 4356
  • Farm Land Area Units: Square Feet
  • Parcel #: 230130000000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 387
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Southeast Investors Llc
Bought by
Mulchandani Dipika and Jagtiani Ashish
Current Estimated Value
$89,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Outstanding Balance
$63,788
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$25,763

Purchase Details

Listed on
Oct 8, 2022
Closed on
Dec 29, 2022
Sold by
Schuett Egon and Schuett Glenda
Bought by
Southeast Investors Llc
Seller's Agent
The Laughter Team
Laughter Realty, Inc
Buyer's Agent
Rita Fong
Remax Real Estate Today
List Price
$79,900
Sold Price
$66,000
Premium/Discount to List
-$13,900
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
Mar 4, 2016
Sold by
Fannie Mae
Bought by
Schuett Egon and Schuett Glenda

Purchase Details

Closed on
Oct 7, 2007
Sold by
Not Provided
Bought by
Jb & Jb Llc

Purchase Details

Closed on
Jun 1, 2006
Sold by
Hammett Lee
Bought by
Gordon Keith S

Purchase Details

Closed on
Jan 1, 1986
Bought by
Yarbro Charles

Purchase Details

Closed on
Sep 1, 1985
Bought by
To
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
Mulchandani Dipika $87,000 Stewart Title
Southeast Investors Llc $66,000 Stewart Title
Schuett Egon $28,000 None Available
Jb & Jb Llc $61,000 --
Gordon Keith S -- --
Yarbro Charles $38,000 --
To -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulchandani Dipika $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $66,000 -17.4% $76 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $79,900 -- $92 / Sq Ft
Source: Eastern Arkansas REALTORS® Association

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
2024 $387 $6,480 $1,300 $5,180
2023 $387 $6,480 $1,300 $5,180
2022 $387 $6,480 $1,300 $5,180
2021 $387 $6,480 $1,300 $5,180
2020 $364 $6,480 $1,300 $5,180
2019 $362 $7,080 $2,500 $4,580
2018 $387 $7,080 $2,500 $4,580
2017 $387 $7,080 $2,500 $4,580
2016 $365 $7,080 $2,500 $4,580
2015 $389 $7,080 $2,500 $4,580
2014 $485 $8,850 $2,500 $6,350
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    The Laughter Team

    Laughter Realty, Inc

  • Rita Fong

    Buyer's Agent in 2022

    Rita Fong

    Remax Real Estate Today

    (870) 735-4663

    142 Total Sales

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Map

Source: Eastern Arkansas REALTORS® Association

MLS Number: 38445

APN: 230-130000-000

Arkansas Crittenden County Marion 72364

116 Sherwood Cove, Marion, AR

This home is located at 116 Sherwood Cove, Marion, AR 72364 since 08 October 2022 and is currently estimated at $89,551, approximately $102 per square foot. This property was built in 1985. 116 Sherwood Cove is a home located in Crittenden County with nearby schools including Marion Visual Performing Arts Magnet, Herbert Carter Global Community Magnet School, and Marion Junior High School.

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