NOT LISTED FOR SALE

308 Cherrie Ave Sherwood, AR 72120

-- Bed
6 Baths
3,300 Sq Ft
0.45 Acres

Last Sold July 21, 2023

Last sale price $125,000 $38 Per Sq Ft

190 Days on Market

Highlights

  • Deck
  • Breakfast Bar
  • Luxury Vinyl Tile Flooring
  • Walk-In Closet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of July 2023

Great opportunity to invest in a well maintained rental property. Three mobile homes on half an acre in sherwood. Solid rental history and room for rate increases. Two units completely remodeled with LVT and commercial grade carpet tiles in bedrooms. Newer appliences and paint. Roofs recoated last year. Listed at 8% cap rate. Please do not disturb tenants. Owner also selling MLS# 22040282. Additional savings if purchased together.

Last Agent to Sell the Property

Katelyn Cartwright

Danali Real Estate Listed on: 12/16/2022

Last Buyer's Agent

Katelyn Cartwright

Danali Real Estate Listed on: 12/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $269

Year Built

  • Built in 1995

Lot Details

  • 0.45 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-2

Parking

  • Parking Pad

Home Design

  • Wood Walls
  • Pitched Roof
  • Rolled or Hot Mop Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • Walk-In Closet
  • 3,300 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Stove
  • Gas Range
  • Recirculated Exhaust Fan
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Outdoor Features

  • Deck

Utilities

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

Community Details

Listing and Financial Details

  • Assessor Parcel Number 23S0030000126

Home Details

Home Type

Single Family

Est. Annual Taxes

$269

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 12/16/2022
  • Price Per Sq Ft: 37.88
  • Road Surface: Gravel, Paved
  • Street Designation: Avenue
  • Type: Pkg Single Family
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: R-2
  • Source Of Sq Ft: Tax Records
  • Property Manager: Owner
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Floors: Partial Carpet, Luxury Vinyl
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Gas, Breakfast Bar, Closet - Walk In, Some Units
  • Walls: Sheet Rock, Wood
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Free-Standing Stove, Gas Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection, Exhaust Fan

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal, Rolled, Pitch
  • Exterior Features: Partially Fenced, Dog Run, Deck

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural, Tv-Cable, Tv-Antenna, Tv-Satellite Dish, Telephone-Private
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.45
  • Estimated Lot Size: 19602
  • Lot: Level
  • Parcel Number: 23S0030000126

Rental Info

  • Lease Type: Monthly, Semi-Annually, Yearly

Multi Family

  • Annual Expenses: 6267
  • Tenant Expenses: All Utilities
  • Maximum Rent Three Bedroom: 660
  • Minimum Rent Three Bedroom: 575
  • Number Of Three Bedroom Units: 3
  • Number Units: 3

Tax Info

  • Annual Taxes: 268.72
  • Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $125,000 -10.7% $38 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $140,000 -6.6% $42 / Sq Ft
12/16/2022 12/16/22 For Sale $149,900 -- $45 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katelyn Cartwright

    Danali Real Estate

    2 in this area

    7 Total Sales

    Katelyn Cartwright
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22040283

Cooperative Arkansas REALTORS® MLS
Arkansas Pulaski County Sherwood 72120

308 Cherrie Ave, Sherwood, AR

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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