$290,000
SOLD MAR 27, 2025

206 Lower Lake Rd Forrest City, AR 72335

4 Beds
2.5 Baths
3,624 Sq Ft
1.47 Acres

Recently Sold

$80 Per Sq Ft

17% Below List Price

95 Days on Market

Highlights

  • Lake Front
  • Traditional Architecture
  • Bonus Room
  • Home Theater
  • Main Floor Primary Bedroom
  • Sun or Florida Room

About This Home

As of March 2025

Call me today to see this spacious home located on Lower Lake in the Forrest Lake Subdivision. The house has had many upgrades including the remodeled kitchen.

Last Agent to Sell the Property

Kelly Lewis

Kelly Lewis Real Estate Listed on: 08/15/2024

Last Buyer's Agent

Kelly Lewis

Kelly Lewis Real Estate Listed on: 08/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,152

Year Built

  • Built in 1996

Lot Details

  • 1.47 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,624 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0733-00032-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,152

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 08/19/2024
  • Price Per Sq Ft: 80.02
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen
  • Fireplace: Uses Gas Logs Only
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Upper Level
  • Estimated Sq Ft: 3624
  • Bedrooms: 4
  • Floors: Carpet, Tile
  • Foundation: Piers
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Equip: Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Sun Room, Bonus Room, Media Room/Theater
  • Stories: Two Story

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.47
  • Estimated Lot Size: 64033
  • Lot: Level, In Subdivision, Lake Front
  • Geo Subdivision: AR
  • Parcel Number: 0733-00032-0000

Tax Info

  • Annual Taxes: 1151.92
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Mar 27, 2025
Sold by
Patel Hansa Y
Bought by
Bohanon Tamara Correa
Seller's Agent
Kelly Lewis
Kelly Lewis Real Estate
Buyer's Agent
Kelly Lewis
Kelly Lewis Real Estate
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Views
57
Current Estimated Value
$265,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,616
Avg. Annual Appreciation
-2.69%
Original Mortgage
$280,321
Outstanding Balance
$279,370
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$7,168

Purchase Details

Closed on
Feb 5, 2013
Sold by
Patel Y K and Patel Hansa Y
Bought by
Patel Hansa Y

Purchase Details

Closed on
Apr 30, 1993
Sold by
Not Provided
Bought by
Patel Y K and Patel Hansa Y

Purchase Details

Closed on
Nov 17, 1989
Bought by
Patel

Purchase Details

Closed on
Nov 1, 1984
Bought by
Kennedy

Purchase Details

Closed on
Dec 1, 1981
Bought by
Davidson
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 Type Sale Price Title Company
Executors Deed $290,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $106,000 --
Deed $109,000 --
Deed $121,000 --
Deed $129,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,321 FHA
Previous Owner $110,000 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $43,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $290,000 -13.4% $80 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $335,000 -4.3% $92 / Sq Ft
08/15/2024 08/15/24 For Sale $350,000 -- $97 / 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 $1,608 $37,940 $5,100 $32,840
2023 $1,152 $37,940 $5,100 $32,840
2022 $1,201 $37,940 $5,100 $32,840
2021 $1,236 $38,160 $5,100 $33,060
2020 $1,236 $38,160 $5,100 $33,060
2019 $1,271 $38,160 $5,100 $33,060
2018 $1,296 $38,160 $5,100 $33,060
2017 $1,608 $38,160 $5,100 $33,060
2016 $1,608 $34,720 $5,100 $29,620
2015 $1,608 $34,720 $5,100 $29,620
2014 $1,608 $34,720 $5,110 $29,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24030219

Cooperative Arkansas REALTORS® MLS

APN: 0733-00032-0000