NOT LISTED FOR SALE

1606 Palomino Dr Sherwood, AR 72120

Estimated Value: $109,000 - $126,000

3 Beds
1.5 Baths
864 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $73,500 $85 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $698/month

92 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • 4-minute walk to Pickthorne Park

About This Home

As of October 2019

Price Reduction !!! Completely Renovated - Located in the Western Acres inside the Sherwood city limits features this three bedrooms bungalow. the maintenance free brick exterior make this a perfect home for you! This home is in close proximity to everything. Must see!!! For additional information log on www.homepath.com to submit offers and for additional information.

Last Agent to Sell the Property

John Mason

Mason and Company Listed on: 07/02/2019

Last Buyer's Agent

Sonya Rhea

IRealty Arkansas - Sherwood

IRealty Arkansas - Sherwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1967

Lot Details

  • 7,841

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Garage
  • Carport

Additional Features

  • Patio
  • Level Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 07/02/2019
  • Price Per Sq Ft: 85.07
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1967
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1967

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 864
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Equip: Disposal
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

  • Utilities: Sewer-Public
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Singh and Sunpreet
Bought by
Kaur Gurwinder
Current Estimated Value
$116,750

Purchase Details

Listed on
Jul 2, 2019
Closed on
Oct 17, 2019
Sold by
Fannie Mae
Bought by
Singh Rajbir
Seller's Agent
John Mason
Mason and Company
Buyer's Agent
Sonya Rhea
IRealty Arkansas - Sherwood
List Price
$88,500
Sold Price
$73,500
Premium/Discount to List
-$15,000
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Oct 18, 2018
Sold by
Murphy Paul Ray and Murphy Kerry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 7, 2006
Sold by
Skamra Gerald H and Skamra Margaret L
Bought by
Murphy Paul Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1998
Sold by
Brady Joseph
Bought by
Skamra Gerald H and Skamra Margaret L
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
Kaur Gurwinder -- Martin Jonathan J
Singh Rajbir $73,500 Associates Closing & Ttl Llc
Federal National Mortgage Association -- None Available
Murphy Paul Ray $80,000 Professional Land Title Comp
Skamra Gerald H $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Paul Ray $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $73,500 -9.8% $85 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $81,500 -7.9% $94 / Sq Ft
07/02/2019 07/02/19 For Sale $88,500 0.0% $102 / Sq Ft
07/29/2015 07/29/15 Rented $700 0.0% --
07/29/2015 07/29/15 Under Contract -- -- --
06/29/2015 06/29/15 For Rent $700 -- --
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
2023 $738 $14,169 $2,600 $11,569
2022 $775 $14,169 $2,600 $11,569
2021 $694 $11,970 $3,200 $8,770
2020 $690 $11,970 $3,200 $8,770
2019 $690 $11,970 $3,200 $8,770
2018 $690 $11,970 $3,200 $8,770
2017 $684 $11,970 $3,200 $8,770
2016 $605 $11,620 $3,200 $8,420
2015 $590 $11,620 $3,200 $8,420
2014 $590 $11,620 $3,200 $8,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19021588

Cooperative Arkansas REALTORS® MLS

APN: 23S-019-00-061-00