NOT LISTED FOR SALE

2401 Gap Creek Dr Sherwood, AR 72120

Estimated Value: $348,000 - $355,774

4 Beds
2.5 Baths
2,344 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $259,900 $111 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,091/month

163 Days on Market

Highlights

  • Community Lake
  • Traditional Architecture
  • Formal Dining Room
  • Deck
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of September 2019

This is a home that fits every wish list. Beautiful new bamboo flooring, great split bedroom floor plan. Large rooms, flow is easy & open. Large master bedroom and bath, Supports any type of furniture &huge closets. Large bathroom with spa tub & separate shower. Backyard patio is covered and waiting for a party of BBQ. One block from Indianhead Lake. Quite, accessible & lovely established neighborhood. Sq.ft.approx. pls measure for accuracy. Houses here selling in less than 1 week so SEE IT TODAY!

Last Agent to Sell the Property

Sandy Brandon

IRealty Arkansas - Sherwood Listed on: 04/02/2019

IRealty Arkansas - Sherwood

Last Buyer's Agent

Sandra James

The Patel Group | Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 2006

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 2,344 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

Recreation

  • Bike Trail

Additional Features

  • Community Lake
  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,364

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Fully Fenced, Guttering
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Indian Head
  • LVT Date: 04/03/2019
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: All Bedrooms Down, Guest Bedroom Apart, Guest Bedroom/Main Lv, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2344
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Electric-Co-Op, Gas-Natural, Tv-Cable, Tv-Satellite Dish, Telephone-Private, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Picnic Area, Fitness/Bike Trail

Lot Info

  • Estimated Lot Size: 8712
  • Lot: Level, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows, Ridge Vents/Caps

Tax Info

  • Annual Taxes: 2364
  • Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Sep 10, 2019
Sold by
Graham Frederick N and Graham Shawn L
Bought by
Nelson Sean D and Nelson Donna S
Seller's Agent
Sandy Brandon
IRealty Arkansas - Sherwood
Buyer's Agent
Sandra James
The Patel Group | Real Estate
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$352,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,794
Avg. Annual Appreciation
5.06%
Original Mortgage
$246,905
Outstanding Balance
$216,711
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$135,983

Purchase Details

Closed on
Jan 9, 2015
Sold by
Graham Frederick N
Bought by
Graham Frederick N and Graham Shawn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,705
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2006
Sold by
Shawn Odell Construction Inc
Bought by
Graham Frederick N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 27, 2005
Sold by
Metropolitan Realty & Development Llc
Bought by
Shawn Odell Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,955
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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
Nelson Sean D $259,900 Beach Abstract & Guaranty Co
Graham Frederick N -- Lenders Title Company
Graham Frederick N $232,000 Lenders Title Company
Shawn Odell Construction Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Sean D $246,905
Previous Owner Graham Frederick N $238,705
Previous Owner Graham Frederick N $46,400
Previous Owner Graham Frederick N $185,600
Previous Owner Shawn Odell Construction Inc $201,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $259,900 +2.0% $111 / Sq Ft
08/03/2019 08/03/19 Price Changed $254,900 -1.9% $109 / Sq Ft
07/01/2019 07/01/19 For Sale $259,900 0.0% $111 / Sq Ft
07/01/2019 07/01/19 Off Market $259,900 -- --
05/31/2019 05/31/19 Price Changed $259,900 -1.9% $111 / Sq Ft
04/18/2019 04/18/19 Price Changed $264,900 -1.9% $113 / Sq Ft
04/02/2019 04/02/19 For Sale $269,900 -- $115 / 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
2025 $2,837 $58,063 $10,400 $47,663
2024 $2,600 $58,063 $10,400 $47,663
2023 $2,600 $58,063 $10,400 $47,663
2022 $2,761 $58,063 $10,400 $47,663
2021 $2,565 $45,370 $9,400 $35,970
2020 $2,190 $45,370 $9,400 $35,970
2019 $2,190 $45,370 $9,400 $35,970
2018 $2,215 $45,370 $9,400 $35,970
2017 $2,215 $45,370 $9,400 $35,970
2016 $2,538 $48,710 $8,400 $40,310
2015 $2,474 $48,710 $8,400 $40,310
2014 $2,474 $48,710 $8,400 $40,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19010730

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-56-215-00