NOT LISTED FOR SALE

1425 Cobalt Bay Dr Shirley, AR 72153

Estimated Value: $346,000 - $681,000

4 Beds
3 Baths
2,276 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $357,500 $157 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,876/month

8 Days on Market

Highlights

  • Lake Front
  • Garage Apartment
  • Community Lake
  • Home Theater
  • Lakefront Common Area
  • Deck

About This Home

As of May 2015

Awesome lake front home w/panoramic views from 2 decks, one w/a spa tub. This spacious smart home includes granite countertops, scrape hardwood floors, tray ceilings, 4 bedrooms, 3 baths, den w/a pool table & wet bar, media room w/built-in speakers, 2 car garage plus a detached garage w/an apartment on the 2nd floor. Boat slip is available in community boat dock. This is a perfect lake home for entertaining. Located in a quite secluded subdivision & just 4 miles to Fairfield Bay Marina. See Agent Remarks!

Last Agent to Sell the Property

Bill Payne

McKimmey Associates REALTORS NLR Listed on: 04/02/2015

McKimmey Associates REALTORS NLR

Last Buyer's Agent

V. Dale Tice

Nichols Realty Express

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 2006

Lot Details

  • 1.15 Acre Lot
  • Lake Front
  • Sloped Lot
  • Cleared Lot

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Composition Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,276 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Data
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Finished Basement
  • Heated Basement

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Apartment

Outdoor Features

  • Lakefront Common Area
  • Deck

Schools

  • Shirley Elementary And Middle School
  • Shirley High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,650

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Restrictions: Covenants, Right-Of-Way Easement
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Hot Tub/Spa
  • Lake: Yes
  • Lake Name: Greers Ferry
  • Price Per Sq Ft: 157.07
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom Apart, Guest Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2276
  • Basement: Finished, Heated, Cooled
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Interiors: Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Disposal
  • Other Rooms: Great Room, Den/Family Room, Laundry, Basement, Media Room/Theater
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Rock & Frame, Stone
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car, Detached, Garage Apartment

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Shirley
  • Middle School: Shirley
  • High School: Shirley
  • Junior High: Shirley

Lot Info

  • Estimated Lot Size: 1.15
  • Estimated Lot Size: 1.15 Acres
  • Lot: Sloped, Cleared, In Subdivision, Mountain View, Lake View, Lake Front, Common To Lake
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 2650
  • Year: 2014

MLS Schools

  • Elementary School: Shirley
  • HighSchool: Shirley
  • Middle School: Shirley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Jaymie H Pennington Revocable Trust and April L Pennington Revocable Trust
Bought by
Pennington Jaymie H and Pennington April L
Current Estimated Value
$491,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$459,661
Interest Rate
7.04%
Mortgage Type
Construction
Estimated Equity
$125,136

Purchase Details

Closed on
Oct 14, 2015
Sold by
Pennington Jaymie and Pennington April
Bought by
Pennington Jaymie H

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 18, 2015
Sold by
Gray Ii Barron Daniel and Gray Barron Daniel
Bought by
Pennington Jaymie and Pennington April
Seller's Agent
Bill Payne
McKimmey Associates REALTORS NLR
Buyer's Agent
V. Dale Tice
Nichols Realty Express
List Price
$375,000
Sold Price
$357,500
Premium/Discount to List
-$17,500
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$263,200
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2008
Sold by
Gray Barron Daniel
Bought by
Revocabl Gray Ii Barron Daniel and Barron Daniel Gray Ii Revocable Trust

Purchase Details

Closed on
Jun 12, 2003
Bought by
Gray

Purchase Details

Closed on
Mar 21, 2003
Bought by
Cobalt Bay Subdivision
Source: Public Records

Range of Values:

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Average Value
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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
Pennington Jaymie H $60,000 First National Title
Pennington Jaymie H $60,000 First National Title
Pennington Jaymie H -- None Available
Pennington Jaymie $357,500 None Available
Revocabl Gray Ii Barron Daniel -- None Available
Gray $90,000 --
Lakeland $36,000 --
Cobalt Bay Subdivision -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Jaymie H $500,000
Closed Pennington Jaymie H $500,000
Previous Owner Pennington Jaymie $263,200
Previous Owner Gray Ii Barron Daniel $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2015 05/18/15 Sold $357,500 -4.7% $157 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $375,000 -- $165 / Sq Ft
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
2024 $2,612 $59,220 $18,000 $41,220
2023 $2,612 $59,220 $18,000 $41,220
2022 $2,612 $59,220 $18,000 $41,220
2021 $2,612 $59,220 $18,000 $41,220
2020 $2,612 $59,220 $18,000 $41,220
2019 $2,535 $57,470 $18,000 $39,470
2018 $2,535 $57,470 $18,000 $39,470
2017 $2,511 $57,470 $18,000 $39,470
2015 -- $60,090 $15,000 $45,090
2014 -- $60,090 $15,000 $45,090
2013 -- $49,820 $15,000 $34,820
Source: Public Records

Agents Affiliated with this Home

  • Bill Payne

    Seller's Agent in 2015

    Bill Payne

    McKimmey Associates REALTORS NLR

    (501) 253-4409

    47 Total Sales

    Bill Payne
    Section Image

  • V

    Buyer's Agent in 2015

    V. Dale Tice

    Nichols Realty Express

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15009161

Cooperative Arkansas REALTORS® MLS

APN: 5250-00079-0000

Arkansas Van Buren County Shirley 72153

1425 Cobalt Bay Dr, Shirley, AR

This home is located at 1425 Cobalt Bay Dr, Shirley, AR 72153 since 02 April 2015 and is currently estimated at $491,611, approximately $215 per square foot. This property was built in 2006. 1425 Cobalt Bay Dr is a home located in Van Buren County with nearby schools including Clinton Elementary School, Clinton Junior High School, and Clinton High School.

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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