NOT LISTED FOR SALE

240 E Lakeshore Dr Cherokee Village, AR 72529

Estimated Value: $253,420 - $345,000

3 Beds
2.5 Baths
1,564 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $182,500 $117 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,778/month

343 Days on Market

Highlights

  • Airport or Runway
  • Lake Front
  • Golf Course Community
  • Marina
  • Private Dock
  • Community Lake

About This Home

As of August 2020

New Low Price!! Lake Sequoyah Home with 2 Levels, Great Location!! 3 Bedrooms, 1 & 1/2 baths upstairs, Cedar wood walls, carpet-2016, bathtubs-2019, H/A-2014, spacious living room, dining area, sun room, metal roof, carport; Downstairs is a "bunk" room and storage, plus full bath. Gently sloping lot to beautiful Lake Sequoyah which is a no wake lake, great for swimming, fishing, kayaking, or paddle boats. Connected to Lake Thunderbird by a canal. Great vacation home or permanent residence!

Last Agent to Sell the Property

Jason Rhodes

King-Rhodes & Associates, Inc. Listed on: 08/15/2019

Last Buyer's Agent

Ron Rhodes

King-Rhodes & Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1989

Lot Details

  • 10,400 Sq Ft Lot
  • Lake Front
  • Lot Sloped Down

Home Design

  • 2-Story Property
  • Split Level Home
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Lake Views

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Private Dock
  • Swim Dock
  • Deck

Schools

  • Cherokee Elementary School
  • Highland Middle School
  • Highland School

Utilities

  • Central Heating and Cooling System
  • Butane Gas
  • Septic System
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Community Lake

Amenities

  • Picnic Area
  • Airport or Runway
  • Party Room

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Ranch
  • Ext Features: Deck, Screened Porch, Boat Dock
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Sequoyah
  • LVT Date: 08/16/2019
  • Price Per Sq Ft: 116.69
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1564
  • Basement: Cooled, Finished, Heated, Outside Access/Walk-Out
  • Bedrooms: 3
  • Floors: Vinyl, Carpet
  • Foundation: Crawl Space, Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher
  • Other Rooms: Sun Room, Bonus Room, Laundry, Basement
  • Stories: 2 Story Entry & Lower, Split To The Rear, Two Story
  • Walls Ceilings: Paneling, Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame
  • Roof: Metal
  • Waterfront: Dock, Dock - Swimming, Dock Private

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Gas-Propane/Butane, Tv-Cable, Tv-Satellite Dish, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Propane

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Security, Party Room, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail, Airport

Schools

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

Lot Info

  • Estimated Lot Size: 0.24
  • Estimated Lot Size: 10400 sq ft
  • Lot: Sloped, In Subdivision, Lake View, Lake Front, Down Slope
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1472
  • Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Aug 28, 2020
Sold by
Lacys Welding Llc
Bought by
Isbell Teresa and Isbell Julie
Seller's Agent
Jason Rhodes
King-Rhodes & Associates, Inc.
Buyer's Agent
Ron Rhodes
King-Rhodes & Associates, Inc.
List Price
$199,500
Sold Price
$182,500
Premium/Discount to List
-$17,000
-8.52%
Current Estimated Value
$301,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,605
Avg. Annual Appreciation
10.38%
Original Mortgage
$142,500
Outstanding Balance
$127,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$170,869

Purchase Details

Closed on
Aug 12, 2010
Sold by
Luter Thomas A and Luter Carolyn A
Bought by
Lacy Welding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 30, 2009
Sold by
Verkler Eva J
Bought by
United Country Scenic Rivers Realty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Isbell Teresa $182,500 None Available
Lacy Welding Llc $66,000 None Available
Lacy Welding Llc $66,000 None Available
United Country Scenic Rivers Realty $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isbell Teresa $142,500
Previous Owner Lacy Welding Llc $132,000
Previous Owner United Country Scenic Rivers Realty $84,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $182,500 0.0% $117 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $182,500 -3.7% $117 / Sq Ft
06/25/2020 06/25/20 Price Changed $189,500 -2.6% $121 / Sq Ft
05/13/2020 05/13/20 Price Changed $194,500 -2.5% $124 / Sq Ft
08/15/2019 08/15/19 For Sale $199,500 -- $128 / 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 $1,653 $41,240 $3,000 $38,240
2023 $1,515 $41,240 $3,000 $38,240
2022 $2,117 $33,720 $6,000 $27,720
2021 $2,117 $33,720 $6,000 $27,720
2020 $1,585 $33,720 $6,000 $27,720
2019 $1,471 $27,870 $6,000 $21,870
2018 $1,471 $27,870 $6,000 $21,870
2017 $1,055 $27,870 $6,000 $21,870
2016 $1,275 $27,870 $6,000 $21,870
2015 -- $27,870 $6,000 $21,870
2014 -- $23,850 $6,000 $17,850
2013 -- $23,850 $6,000 $17,850
Source: Public Records

Agents Affiliated with this Home

  • Jason Rhodes

    Seller's Agent in 2020

    Jason Rhodes

    King-Rhodes & Associates, Inc.

    (870) 847-5846

    152 in this area

    206 Total Sales

    Jason Rhodes
    Section Image

  • R

    Buyer's Agent in 2020

    Ron Rhodes

    King-Rhodes & Associates, Inc.

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19026725

Cooperative Arkansas REALTORS® MLS

APN: 310-00012-000

Arkansas Sharp County Cherokee Village 72529

240 E Lakeshore Dr, Cherokee Village, AR

This home is located at 240 E Lakeshore Dr, Cherokee Village, AR 72529 since 15 August 2019 and is currently estimated at $301,105, approximately $192 per square foot. This property was built in 1989. 240 E Lakeshore Dr is a home located in Sharp County with nearby schools including Cherokee Elementary School, Highland Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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