NOT LISTED FOR SALE

188 Sycamore Springs Terrace Mountain Home, AR 72653

Estimated Value: $340,000 - $624,000

4 Beds
2 Baths
3,359 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $385,000 $115 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,626/month

Highlights

  • Private Dock
  • Open Floorplan
  • Family Room with Fireplace
  • Lake View
  • Deck
  • Lake House

About This Home

As of September 2020

VACATION WHERE YOU LIVE! Move into this updated spacious four bedroom open floor plan on two levels with walkout windows on both levels to decking and patios overlooking a panoramic year-round lake view of Lake Norfork situated off a narrow government Corp line. Think it can't get any better-how about including a covered one stall boat dock with boat lift and storage unit. This package can be yours because the price is right.

Last Agent to Sell the Property

Marianne Schapendonk

ERA DOTY REAL ESTATE MOUNTAIN HOME Listed on: 01/30/2020

Last Buyer's Agent

Marianne Schapendonk

ERA DOTY REAL ESTATE MOUNTAIN HOME Listed on: 01/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 100 x 400
  • Adjoins Government Land
  • Chain Link Fence

Home Design

  • Lake House
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 3,359 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Game Room
  • Lower Floor Utility Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener

Outdoor Features

  • Private Dock
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wood Insert Heater
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • Sycam Sprgs Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002-10070-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: RESIDENTIAL, Lake Home, Residential Home
  • Media Ad: VACATION WHERE YOU LIVE! Updated 4BR open floor plan on 2 levels w/walkout windows on both levels overlooking a panoramic yr-round Lake Norfork view situated off a narrow Gov't Corp line. It gets better- a covered boat dock w/boat lift & storage unit
  • Stories: 2 Story, See Remarks
  • Estimated GLA: 1765
  • Total Heated Sq Ft: 3359
  • Total Heated Sqft Range: 3001-4000
  • Miles to City: < 9 Miles
  • Year Built: 1983
  • Year Built Range: 1980-1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Electric Range/Oven, Range Hood, Washer, Dryer, Washer/Dryer Hookups, Water Softener Owned
  • Fireplace: Two, Insert-Wood, Free Standing, In Living Room, In Family Room
  • Interior Amenities: Carpet, Tile Floors, Hardwood Floors, Ceiling Fan(s), Smoke Detectors, Garage Door Open, Laminate Floor, Open Floor Plan
  • Windows: Double Pane, Metal Clad
  • Windows Treatments: All
  • Number Of Bedrooms: 4
  • Master Bedrm Dimensions: 14'10 X 15'
  • Master Bedrm Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Lower
  • Bedroom 4 Level: Lower
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Basement Foundation: Complete Finished, Full Basement, Poured Concrete, Walk Out
  • Estimated Basement Sq Ft: 1594
  • Basement: Full
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Utility Room Level: Lower
  • Additional Rooms: Game Room, Foyer

Exterior Features

  • Exterior: Brick, Stone, Wood Siding, See Remarks
  • Street Surfaces: Paved
  • Fencing: Chain Link, Backyard
  • View: Lake
  • Exterior Amenities: Storage Shed, Gutters, Boat Dock/Slip
  • Porch Patio Deck: Patio Covered, Deck Open
  • Lake Name: Lake Norfork

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2
  • Garage Level: Main

Utilities

  • Water Heater: Electric
  • Utility Companies: Nth AR Elec. Co-Op
  • Cooling: Central Air, Electric, Wall/Window Unit
  • Heating: Central, Electric
  • Sewer Septic: Septic
  • Water Supply: Well Private
  • TV: Sat. Dish/No Controls
  • Termite Contract: Yes

Lot Info

  • Lot Dimensions: 100 x 400
  • Assessor Parcel Number: 002-10070-000
  • Flood Plain: No
  • Lot Description: Borders Government Strip
  • Zoning Restrictions: R-1, Subdivision Restrictions

Tax Info

  • Taxes: 997.72
  • Tax Year: 2018

MLS Schools

  • School: Mountain Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Schumm Jasen M and Schumm Brandi L
Bought by
Jasen M Schumm And Brandi L Schumm Joint Tena and Schumm
Current Estimated Value
$454,036

Purchase Details

Listed on
Jan 30, 2020
Closed on
Sep 25, 2020
Sold by
Larkin Susan and Larkin Johnny
Bought by
Schumm Brandi L and Schumm Jasen M
Seller's Agent
Marianne Schapendonk
ERA DOTY REAL ESTATE MOUNTAIN HOME
Buyer's Agent
Marianne Schapendonk
ERA DOTY REAL ESTATE MOUNTAIN HOME
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$393,986
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2019
Sold by
Gaines Roy A
Bought by
Gaines Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Hutchison Clarence R and Hutchison Kathleen
Bought by
Gaines Roy A and Gaines Susan D
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
Jasen M Schumm And Brandi L Schumm Joint Tena -- None Listed On Document
Schumm Brandi L $385,000 Alley Abstract
Gaines Susan D -- Superior Title Services Llc
Gaines Roy A $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schumm Brandi L $393,986
Previous Owner Gaines Susan D $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $385,000 -3.7% $115 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $399,900 -- $119 / Sq Ft
Source: Mountain Home MLS (North Central Board of REALTORS®)

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 $2,706 $58,070 $6,000 $52,070
2023 $2,498 $58,070 $6,000 $52,070
2022 $2,290 $58,070 $6,000 $52,070
2021 $2,081 $40,900 $6,000 $34,900
2020 $1,706 $40,900 $6,000 $34,900
2019 $1,724 $0 $0 $0
2018 $998 $40,900 $6,000 $34,900
2017 $788 $40,900 $6,000 $34,900
2016 $770 $42,000 $6,000 $36,000
2015 $770 $42,000 $6,000 $36,000
2014 $770 $42,000 $6,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 118680

Mountain Home MLS (North Central Board of REALTORS®)

APN: 002-10070-000