NOT LISTED FOR SALE

2503 Hickory Wood Ave Lowell, AR 72745

Estimated Value: $403,998 - $442,000

3 Beds
2.5 Baths
2,091 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $345,000 $165 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,500/month

12 Days on Market

Highlights

  • Property is near a park
  • Attic
  • Granite Countertops
  • Janie Darr Elementary School Rated A
  • Bonus Room
  • Porch

About This Home

As of February 2022

Move-in ready, pristine home in the heart of NWA. The home features 3 bedrooms, 2 full baths and 1 half bath plus an oversized bonus space. Built in 2019, this Rausch Coleman home features many upgrades including granite counters, ceiling fans and fully custom designed closet systems. The mature landscaping and raised bed garden give this home unique curb appeal. Drapes and drapery rods do not convey, but Seller willing to sell.

Last Agent to Sell the Property

Cynthia Smiley

Portfolio Sotheby's International Realty License #SA00073989 Listed on: 01/06/2022

Portfolio Sotheby's International Realty

Last Buyer's Agent

Li Hua Clark

Collier & Associates License #EB00088616

Collier & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,085

Year Built

  • Built in 2019

Lot Details

  • 8,276 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,091 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Vinyl Clad Windows
  • Blinds
  • Bonus Room
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park
  • City Lot

Utilities

  • Cooling Available
  • Heating Available
  • Programmable Thermostat
  • Natural Gas Not Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 119

Community Details

Overview

  • Association fees include common areas
  • Lakewood Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,085

Year Built

Built in 2019

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Subdivision Name: Lakewood
  • Directions: From I-49 Go West on Monroe Exit 78. Turn North on Lakewood. Turn Right on Hickory Wood and house is on the right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2019
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Pantry, Programmable Thermostat, See Remarks, Walk-In Closet(s)
  • Living Area: 2091.0
  • Dining Room Type: Bonus Room
  • Window Features: Vinyl, Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: City Lot, Landscaped, Near Park, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths, Curbs, Near Fire Station, Near Schools, Park, Sidewalks
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2085.0
  • Tax Block: .
  • Tax Lot: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 17, 2022
Sold by
Newton Robert Paul and Kelly Perritt
Bought by
Zhang Li
Seller's Agent
Cynthia Smiley
Portfolio Sotheby's International Realty
Buyer's Agent
Li Hua Clark
Collier & Associates
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$418,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,750
Avg. Annual Appreciation
5.39%
Original Mortgage
$272,000
Outstanding Balance
$252,573
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$166,177

Purchase Details

Listed on
Dec 22, 2018
Closed on
Apr 30, 2019
Sold by
Rausch Coleman Lakewood Llc
Bought by
Perritt Newton Robert Paul and Perritt Newton Kelly
Seller's Agent
Keifer Holt
Gibson Real Estate
Buyer's Agent
Howard Group
eXp Realty NWA Branch
List Price
$225,722
Sold Price
$226,847
Premium/Discount to List
$1,125
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%
Original Mortgage
$204,162
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Zhang Li $345,000 City Title & Closing
Perritt Newton Robert Paul $226,847 First National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Li $272,000
Previous Owner Perritt Newton Robert Paul $204,162
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $345,000 0.0% $165 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $345,000 +52.1% $165 / Sq Ft
04/30/2019 04/30/19 Sold $226,847 +0.5% $109 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $225,722 -- $109 / Sq Ft
Source: Northwest Arkansas 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
2025 $3,447 $78,525 $14,000 $64,525
2024 $2,927 $78,525 $14,000 $64,525
2023 $2,661 $50,020 $13,000 $37,020
2022 $2,335 $50,020 $13,000 $37,020
2021 $2,203 $50,020 $13,000 $37,020
2020 $2,085 $42,270 $6,800 $35,470
2019 $386 $6,800 $6,800 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1206351

Northwest Arkansas Board of REALTORS®

APN: 12-03713-000