NOT LISTED FOR SALE

16 Spring River Ln Cherokee Village, AR 72529

Estimated Value: $109,817 - $125,000

2 Beds
3 Baths
1,300 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $72,000 $55 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $736/month

11 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Tennis Courts
  • Heated In Ground Pool
  • Deck
  • Cul-De-Sac

About This Home

As of May 2021

Very comfortable one level townhouse with 2 bedrooms, one queen-size, walk-in closets, nice eat-in kitchen dishwasher, garbage disposal, and lots of cabinetry for storage, Hollywood bath (2 half baths with separate tub room in between), roomy sun room overlooking a pretty yard out back, covered front porch, and 2-car carport. Amenities include outdoor and heated indoor pools, plus an exercise and meeting room. This townhouse is move-in ready, clean and smoke-free, and in a wonderfully quiet neighborhood.

Last Agent to Sell the Property

Jackie Sawyer

King-Rhodes & Associates, Inc. Listed on: 05/15/2021

Last Buyer's Agent

Ron Rhodes

King-Rhodes & Associates, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $777

Year Built

  • Built in 1989

Lot Details

  • 1,873

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Parking

  • 2 Car Garage
  • Carport

Pool

  • Heated In Ground Pool
  • Screened Spa

Outdoor Features

  • Deck
  • Porch

Schools

  • Cherokee Elementary School
  • Highland Middle School
  • Highland School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Handicap Accessible
  • Cul-De-Sac

Listing and Financial Details

  • Assessor Parcel Number 241-00026-000

Community Details

Overview

  • On-Site Maintenance

Amenities

  • Picnic Area
  • Clubhouse
  • Party Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$777

Year Built

Built in 1989

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants
  • Class: Residential
  • Style: Townhouse
  • Ext Features: Deck, Porch, Inground Pool, Guttering, Enclosed Pool, Heated Pool
  • Inside City Limits: Yes
  • LVT Date: 05/15/2021
  • Price Per Sq Ft: 55.38
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1989
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1989

Interior Features

  • Dining Room: Eat-In Kitchen, Living/Dining Combo
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Other Room 2: 7'6 x 17
  • Estimated Sq Ft: 1300
  • Bedrooms: 2
  • Floors: Laminate, Tile
  • Foundation: Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Window Treatments, Handicapped Design, Ceiling Fan(s), Walk-In Shower
  • Kitchen Dim: 11 x 15'6
  • Kitchen Equip: Electric Range, Pantry, Refrigerator-Stays
  • Living Room Dim: 15 x 21
  • Master Bedroom Dim: 11'10 x 14
  • Other Room1 Dim: Sun Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Composition, 3 Tab Shingles

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Telephone-Private, All Underground
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Security, Party Room, Picnic Area, Golf Course
  • Condo Association Fee: Grounds
  • Condo Association Fee: 65
  • Frequency: Monthly

Schools

  • Elementary School: Cherokee
  • Middle School: Highland
  • High School: Highland
  • Junior High: Highland

Lot Info

  • Estimated Lot Size: 000
  • Lot: Level, Cul-De-Sac, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 241-00026-000

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 777.04
  • Year: 2020

MLS Schools

  • Elementary School: Cherokee
  • HighSchool: Highland
  • Middle School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Leahy Judy L
Bought by
Leahy Judy L and Powers Sara Lynn
Current Estimated Value
$115,454

Purchase Details

Listed on
May 15, 2021
Closed on
May 28, 2021
Sold by
Stark Karen L and Curtis Norma J
Bought by
Leahy Judy L
Seller's Agent
Jackie Sawyer
King-Rhodes & Associates, Inc.
Buyer's Agent
Ron Rhodes
King-Rhodes & Associates, Inc.
List Price
$75,000
Sold Price
$72,000
Premium/Discount to List
-$3,000
-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
11.75%

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jul 21, 2017
Sold by
Curtis Norma J
Bought by
Curtis Norma J and Stark Karen L
Seller's Agent
Ron Rhodes
King-Rhodes & Associates, Inc.
Buyer's Agent
Jackie Sawyer
King-Rhodes & Associates, Inc.
List Price
$64,500
Sold Price
$56,000
Premium/Discount to List
-$8,500
-13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jun 2, 2017
Sold by
Baird Terry and Baird Susan J
Bought by
Curtis Norma J
Seller's Agent
Ron Rhodes
King-Rhodes & Associates, Inc.
Buyer's Agent
Jackie Sawyer
King-Rhodes & Associates, Inc.
List Price
$64,500
Sold Price
$56,000
Premium/Discount to List
-$8,500
-13.18%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Sanders Marilyn
Bought by
Sanders Marilyn and Baird Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,800
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 11, 2012
Sold by
Bozenbury Todd Patrick and Bozenbury Diane
Bought by
Sasfai Patricia Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,800
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Downen Todd Ruth A
Bought by
Chapman Melvin E and Chapman Frances A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.47%
Mortgage Type
New Conventional
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
Leahy Judy L -- None Listed On Document
Leahy Judy L $72,000 None Available
Curtis Norma J -- None Available
Curtis Norma J $56,000 None Available
Sanders Marilyn -- Homestead Abstract & Title I
Sanders Marilyn $60,000 Homestead Abstract & Title I
Sasfai Patricia Elizabeth -- Homestead Abstract & Title I
Chapman Melvin E $75,000 Homestead Abstract & Title I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Marilyn $47,800
Previous Owner Chapman Melvin E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $72,000 -4.0% $55 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $75,000 +33.9% $58 / Sq Ft
06/02/2017 06/02/17 Sold $56,000 -13.2% $43 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $64,500 -- $50 / 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 $500 $16,740 $2,000 $14,740
2023 $500 $16,740 $2,000 $14,740
2022 $465 $12,250 $2,000 $10,250
2021 $409 $12,250 $2,000 $10,250
2020 $402 $12,250 $2,000 $10,250
2019 $402 $10,870 $2,000 $8,870
2018 $427 $10,870 $2,000 $8,870
2017 $411 $10,870 $2,000 $8,870
2016 $212 $10,870 $2,000 $8,870
2015 -- $10,870 $2,000 $8,870
2014 -- $13,150 $2,000 $11,150
2013 -- $13,150 $2,000 $11,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21014848

Cooperative Arkansas REALTORS® MLS

APN: 241-00026-000