NOT LISTED FOR SALE

1602 Oaklawn Dr West Memphis, AR 72301

Estimated Value: $323,000 - $372,000

4 Beds
3 Baths
2,300 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2025

Last sale price $359,000 $156 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,116 / mo

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Brick Veneer
  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of April 2025

Kingsway Const. Co., LLC is the builder. Pat Lackey active Realtor, is wife of the builder and shares partnership in LLC..

Last Agent to Sell the Property

Pat Lackey

Crye-leike Realtors Brokerage Phone: 8707358000 License #EB00014529 Listed on: 08/23/2024

Crye-leike Realtors

Last Buyer's Agent

Pat Lackey

Crye-leike Realtors Brokerage Phone: 8707358000 License #EB00014529 Listed on: 08/23/2024

Crye-leike Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 90 x 150
  • Block Wall Fence
  • Cleared Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Carpet

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • West Middle School
  • West Memphis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Richland Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 375504870900

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0.31 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 90 x 150
  • Road Surface Type: Paved
  • Subdivision Name: Richland
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Year Built: 2024
  • ResoBuildingAreaSource: Appraiser
  • Special Features: NewHome

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Electric Range/Oven, Disposal, Microwave, Range Hood
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2300
  • Window Features: Double Pane Windows, No Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Block
  • Lot Features: Cleared
  • Home Warranty: Yes
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car, Attached, Paved Driveway
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: West Memphis
  • Middle Or Junior School: West

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Farm Land Area Units: Square Feet
  • Parcel #: 375504870900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Apr 4, 2025
Sold by
Kingsway Construction Llc
Bought by
Raines Sherman
Seller's Agent
Pat Lackey
Crye-leike Realtors
Buyer's Agent
Pat Lackey
Crye-leike Realtors
List Price
$359,000
Sold Price
$359,000
Views
32
Current Estimated Value
$348,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,931
Avg. Annual Appreciation
-2.82%
Original Mortgage
$29,000
Outstanding Balance
$7,977
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
$340,092

Purchase Details

Closed on
Dec 20, 2023
Sold by
Guaranty Loan & Real Estate Co
Bought by
Kingsway Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.81%
Mortgage Type
Construction
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Raines Sherman $359,000 Cowling Title
Kingsway Construction Llc $94,000 Cowling Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raines Sherman $29,000
Previous Owner Kingsway Construction Llc $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $359,000 0.0% $156 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $359,000 -- $156 / Sq Ft
Source: Eastern Arkansas REALTORS® Association

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 $3,237 $67,541 $9,400 $58,141
2024 $437 $9,000 $9,000 $0
2023 $437 $4,500 $4,500 $0
2022 $222 $4,500 $4,500 $0
2021 $222 $4,500 $4,500 $0
2020 $204 $4,500 $4,500 $0
2019 $161 $4,250 $4,250 $0
2018 $178 $4,250 $4,250 $0
2017 $178 $4,250 $4,250 $0
2016 $166 $4,250 $4,250 $0
2015 $154 $4,250 $4,250 $0
2014 $141 $3,300 $3,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Eastern Arkansas REALTORS® Association

MLS Number: 42627

APN: 379-504870-900

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