NOT LISTED FOR SALE

2524 Forrest Lakes Cove Sherwood, AR 72120

Estimated Value: $576,599 - $668,000

3 Beds
4 Baths
3,837 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $525,000 $137 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,583/month

Highlights

  • Lake Front
  • Hearth Room
  • Traditional Architecture
  • Docks
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of December 2021

WOW! One owner home has everything & space for everyone! Meticulously taken care of! Large lot...ON THE LAKE! Stay vacation home! Large foyer welcomes you in & the lake views begin! Huge kitchen w/hearth room w/fireplace! 2 islands! Enjoy the screened in porch! Master is tremendous w/2 large walkin closets! Guest bdrm w/private bath. 3rd bdrm~bath is handicap ready. Upstairs ~2 huge bonus rooms w/full bath! Views all across the back of the home! Boat dock! 3rd garage~shop! Lets go fishing!Agent remarks..

Last Agent to Sell the Property

Michele Phillips

Michele Phillips & Co. Realtors Listed on: 11/30/2021

Last Buyer's Agent

Brittany Hopkins

RE/MAX Real Estate Connection

RE/MAX Real Estate Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,915

Year Built

  • Built in 2007

Lot Details

  • 0.44 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Landscaped

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 3,837 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Attic Floors

Kitchen

  • Hearth Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Docks

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,915

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Screened Porch, Porch, Guttering
  • Inside City Limits: Yes
  • LVT Date: 11/30/2021
  • Road Surface: Paved
  • Street Designation: Cove
  • Third Party Exports: Daily Record
  • Type: Detached
  • Estimated Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Prefab., Gas Starter, Gas Logs Present, Two
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 3837
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 4
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Window Treatments, Floored Attic, Walk-In Closet(s), Handicapped Design, Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Great Room, Bonus Room, Laundry, Hearth Room
  • Stories: 1.5 Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Waterfront: Dock

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener

Utilities

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

Lot Info

  • Estimated Lot Size: 0.44
  • Estimated Lot Size: 19049
  • Lot: Cul-De-Sac, Extra Landscaping, In Subdivision, Lake Front
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 3914.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Dec 29, 2021
Sold by
Harden Margaret K and Harden Bill B
Bought by
Patel Vishal and Patel Truptikaben
Seller's Agent
Michele Phillips
Michele Phillips & Co. Realtors
Buyer's Agent
Brittany Hopkins
RE/MAX Real Estate Connection
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$604,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,150
Avg. Annual Appreciation
3.69%
Original Mortgage
$420,000
Outstanding Balance
$328,654
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$275,496

Purchase Details

Closed on
May 19, 2014
Sold by
Lovell Karin
Bought by
Harden Bill B

Purchase Details

Closed on
Jul 19, 2012
Sold by
Fish Clyde K and Fish Glenda J
Bought by
Res Bill B and Res Margaret

Purchase Details

Closed on
Aug 1, 2006
Sold by
Wagner Rodney and Wagner Christy
Bought by
Harden Bill B and Harden Margaret K
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
Patel Vishal $525,000 Beach Abstract & Guaranty Co
Harden Bill B $66,550 American Abstract & Title Co
Res Bill B $222,000 Standard Abstract & Title Co
Harden Bill B $73,000 American Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vishal $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $525,000 -4.5% $137 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $549,900 -- $143 / 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 $4,867 $93,424 $15,974 $77,450
2024 $4,867 $93,424 $15,974 $77,450
2023 $4,867 $93,424 $15,974 $77,450
2022 $5,261 $93,424 $15,974 $77,450
2021 $4,249 $82,050 $18,800 $63,250
2020 $3,864 $82,050 $18,800 $63,250
2019 $3,864 $82,050 $18,800 $63,250
2018 $3,889 $82,050 $18,800 $63,250
2017 $3,889 $82,050 $18,800 $63,250
2016 $3,889 $75,140 $7,000 $68,140
2015 $3,817 $75,140 $7,000 $68,140
2014 $3,817 $75,140 $7,000 $68,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21038460

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-55-008-00