$119,500
SOLD JAN 19, 2023

309 Ridgelea Ave Sherwood, AR 72120

3 Beds
2 Baths
1,272 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

8% Below List Price

69 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Laundry Room
  • Wood Flooring
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of January 2023

Price Reduction!!! 3 br/2bath located in Ridgelea Addition in Sherwood City limits. Property has been identified as in FEMA Flood Zone X. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions Lender Pre-Approval letter for financed offers dated within last 30 days). Seller is Secretary of Veterans Affairs. This property may qualify for Seller Financing (Vendee). Property sold As Is.

Last Agent to Sell the Property

John Mason

Mason and Company Listed on: 09/28/2022

Last Buyer's Agent

Tara Helgestad

Lotus Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1988

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Level Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch
  • Foreclosure REO: Yes
  • Inside City Limits: Yes
  • LVT Date: 09/29/2022
  • Price Per Sq Ft: 93.95
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1988
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1272
  • Bedrooms: 3
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 2
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, One Car

Utilities

  • Utilities: Sewer-Public
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 15, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Rei Nation Llc
Seller's Agent
John Mason
Mason and Company
Buyer's Agent
Tara Helgestad
Lotus Realty
List Price
$129,500
Sold Price
$119,500
Premium/Discount to List
-$10,000
-7.72%
Views
61
Current Estimated Value
$154,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,126
Avg. Annual Appreciation
10.87%

Purchase Details

Closed on
Aug 17, 2022
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 8, 2022
Sold by
Frazier Larry G
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 20, 2016
Sold by
Cummings Debra Lynn
Bought by
Frazier Larry G
Seller's Agent
Liliana MacPhee
Crye-Leike REALTORS Maumelle
Buyer's Agent
Penne McKinnie
Crye-Leike REALTORS NLR Branch
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$125,000
Interest Rate
3.57%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $119,500 Proland Title
Special Warranty Deed -- Mackie Wolf Zientz & Mann Pc
Deed $86,131 Mackie Wolf Zientz & Mann Pc
Warranty Deed $125,000 Professional Land Title Of A
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 VA
Previous Owner $50,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $119,500 -4.0% $94 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $124,500 -3.9% $98 / Sq Ft
11/16/2022 11/16/22 For Sale $129,500 +8.4% $102 / Sq Ft
11/01/2022 11/01/22 Off Market $119,500 -- --
11/01/2022 11/01/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $129,500 +3.6% $102 / Sq Ft
06/20/2016 06/20/16 Sold $125,000 -3.8% $79 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $129,900 -- $82 / 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
2023 $1,320 $25,336 $3,000 $22,336
2022 $1,231 $25,336 $3,000 $22,336
2021 $1,090 $18,950 $3,000 $15,950
2020 $710 $18,950 $3,000 $15,950
2019 $710 $18,950 $3,000 $15,950
2018 $735 $18,950 $3,000 $15,950
2017 $723 $18,950 $3,000 $15,950
2016 $985 $18,900 $4,560 $14,340
2015 $925 $18,900 $4,560 $14,340
2014 $925 $18,217 $4,560 $13,657
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    John Mason

    Mason and Company

    (501) 982-1722

    11 in this area

    185 Total Sales

    John Mason
    Section Image
  • Tara Helgestad

    Buyer's Agent in 2023

    Tara Helgestad

    Lotus Realty

    (501) 515-0904

    22 in this area

    501 Total Sales

    Tara Helgestad
    Section Image
  • Liliana MacPhee

    Seller's Agent in 2016

    Liliana MacPhee

    Crye-Leike

    (501) 837-7247

    1 in this area

    37 Total Sales

    Liliana MacPhee
    Section Image

  • P

    Buyer's Agent in 2016

    Penne McKinnie

    Crye-Leike

    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22032814

Cooperative Arkansas REALTORS® MLS

APN: 23S-006-00-127-00

Arkansas Pulaski County Sherwood 72120

309 Ridgelea Ave, Sherwood, AR

This home is located at 309 Ridgelea Ave, Sherwood, AR 72120 and is currently priced at $119,500, approximately $93 per square foot. This property was built in 1988. 309 Ridgelea Ave is a home located in Pulaski County with nearby schools including Oakbrooke Elementary School, Sylvan Hills Middle School, and Sylvan Hills 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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