NOT LISTED FOR SALE

31 W Lakeshore Dr Cherokee Village, AR 72529

Estimated Value: $272,000 - $299,000

3 Beds
3 Baths
2,364 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $197,000 $83 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,652/month

Highlights

  • Two Living Areas
  • Game Room
  • Storage Room

About This Home

As of March 2021

Welcome to the market! This Ozark getaway overlooks one of the seven beautiful lakes nestled within Cherokee Village. This home is perched above the shoreline of Lake Cherokee. It's breathtaking views of the water will seem like a wonderful dream that you get to experience over and over. This lovely three bedroom, three full bath split level home with the main level at 1,212 sf hosts the master bedroom and bath, an open concept living room/dining room, kitchen, and an additional bedroom and bath. As you open the front door of this fabulous lake house, to your left will be your quaint kitchen area. The spacious living room/dining room area has an open concept floor plan and has a spectacular view of the lake. This view can be enjoyed by exiting through the sliding glass doors that lead to the balcony. The master suite is situated just to the right of the living area, while the other bedroom and bath is located on the opposite end of the main level. From there, take the spiral staircase to the 1,152 sf lower level that has a third bedroom and full bath. This level also has a large game room perfect for entertaining family and friends. As you walk in the back yard, an outdoor dream awaits you. Just a short walk and you will be standing on your very own private deck where you can enjoy swimming, fishing, and endless sunsets. Lake homes of this caliber are in short supply, so don't miss out on your opportunity to make this dream home your reality.

Last Agent to Sell the Property

Mitchell Tipton

Compass Rose Realty License #00089655 Listed on: 02/10/2021

Compass Rose Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Lot Details

  • 0.31

Interior Spaces

  • Two Living Areas
  • Game Room
  • Storage Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Lot Details

0

Listing Details

  • Style: Traditional
  • Age: 40+
  • Estimated Heated Cooled Sq Ft: 2364
  • Estimated Sq Ft Range: 1701-2200
  • Class: RESIDENTIAL
  • Floors: Carpet, Concrete, Laminate
  • Level: Two
  • Price Per Sq Ft: 83.33
  • Type: SINGLE FAMILY
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built Ins, Security System, Smoke Alarm(s)
  • Kitchen: Yes
  • Living Room: Yes
  • Dining Room: Yes
  • Laundry Room: Yes
  • Master Bedroom: Yes
  • Master Bedroom Type: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: Yes
  • Bedroom 3 Level: Lower
  • Basement: Yes
  • Basement Detail: Full Basement, Walk Out, Completely, Heated, Cooled, Slab
  • Second Living Room: Yes
  • Additional Room: Yes
  • Additional Rooms: Game Room, Storage
  • Appliances: Oven/Range Electric, Dishwasher Built-In, Disposal, Freezer, Water Heater Electric 1

Exterior Features

  • Exterior: Stone, ASB Siding
  • Exterior Amenities: Paved Streets, Storage Room, Tennis Court, Pool-Community, Deck, Patio, Lake Area
  • Number Of Acres: 0.31
  • Roof: Dimensional Shingles

Garage/Parking

  • Garage Type: Carport-Attached
  • Garage Capacity: Two

Utilities

  • Cooling: Electric, Central
  • Electric: Entergy
  • Heat: Central
  • Sewer/Septic System: Septic
  • Water Supply: City

Lot Info

  • Lot Description: Sloping, Lake Frontage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 26, 2021
Sold by
Graham Glen and Spencer Jake
Bought by
Massey Mark and Massey Carla
Seller's Agent
Mitchell Tipton
Compass Rose Realty
List Price
$199,900
Sold Price
$197,000
Premium/Discount to List
-$2,900
-1.45%
Current Estimated Value
$287,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,381
Avg. Annual Appreciation
8.57%
Original Mortgage
$118,200
Outstanding Balance
$106,012
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$181,369

Purchase Details

Closed on
Nov 10, 2011
Sold by
Finch Henry Dean and Finch Alice
Bought by
Spencer Jeff
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Massey Mark $197,000 None Available
Spencer Jeff $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Mark $118,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $197,000 -1.5% $83 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $199,900 -- $85 / Sq Ft
Source: Northeast 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 $1,763 $48,240 $4,000 $44,240
2024 $1,603 $48,240 $4,000 $44,240
2023 $1,469 $48,240 $4,000 $44,240
2022 $2,055 $32,690 $4,000 $28,690
2021 $1,934 $32,690 $4,000 $28,690
2020 $1,445 $32,690 $4,000 $28,690
2019 $1,344 $24,750 $4,000 $20,750
2018 $1,344 $24,750 $4,000 $20,750
2017 $937 $24,750 $4,000 $20,750
2016 $1,146 $24,750 $4,000 $20,750
2015 -- $24,750 $4,000 $20,750
2014 -- $27,100 $4,000 $23,100
2013 -- $27,100 $4,000 $23,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10091154

Northeast Arkansas Board of REALTORS®

APN: 322-00016-000