NOT LISTED FOR SALE

3108 Bay Cove Sherwood, AR 72120

Estimated Value: $364,000 - $389,000

3 Beds
2 Baths
2,314 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $242,000 $105 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,209/month

30 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Workshop
  • Contemporary Architecture
  • Great Room
  • Formal Dining Room

About This Home

As of August 2012

This custom built home was built for entertaining. Very open floor plan that has an open formal dinning room or game room. There is an extra storage garage built onto the back of the home that has its own door. This home has lake access and a nice large yard. There is also a large laundry room and very nice master bath and closet. Hurry and make this house your home.

Last Agent to Sell the Property

Brent Cooper

Crye-Leike REALTORS Cabot Branch Listed on: 07/02/2012

Last Buyer's Agent

Beverly Carter

Crye-Leike REALTORS NLR Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 2,314 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Sheet Rock Walls or Ceilings
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Workshop
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Contemporary
  • Ext Features: Guttering, Partially Fenced, Patio
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Street Designation: Cove
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Breakfast Bar, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 2314
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Wet Bar, Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Breakfast Bar
  • Kitchen Equip: Disposal, Dishwasher, Electric Range, Ice Maker Connection, Pantry
  • Other Rooms: Great Room, Workshop/Craft
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.47
  • Estimated Lot Size: o.o
  • Lot: Cul-De-Sac, Lake Front, Lake View, Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 1834.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2012
Closed on
Aug 31, 2012
Sold by
Smith Charles M
Bought by
Lane Tommy and Lane Marilyn J
Seller's Agent
Brent Cooper
Crye-Leike REALTORS Cabot Branch
Buyer's Agent
Beverly Carter
Crye-Leike REALTORS NLR Branch
List Price
$248,000
Sold Price
$242,000
Premium/Discount to List
-$6,000
-2.42%
Current Estimated Value
$374,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,858
Avg. Annual Appreciation
3.38%
Original Mortgage
$242,000
Outstanding Balance
$166,221
Interest Rate
3.49%
Mortgage Type
VA
Estimated Equity
$208,637

Purchase Details

Closed on
May 8, 2008
Sold by
Smith Tonia G
Bought by
Smith Charles M

Purchase Details

Closed on
Nov 10, 2003
Sold by
Austin Lakes On The Bay Llc
Bought by
Smith Charles Mark and Smith Tonia Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,078
Interest Rate
3%
Mortgage Type
Construction
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
Lane Tommy $242,000 American Abstract & Title Co
Smith Charles M -- None Available
Smith Charles Mark $36,000 American Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Tommy $242,000
Previous Owner Smith Charles Mark $188,078
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $242,000 -2.4% $105 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $248,000 -- $107 / 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 $2,962 $59,932 $7,018 $52,914
2024 $2,715 $59,932 $7,018 $52,914
2023 $2,715 $59,932 $7,018 $52,914
2022 $2,897 $59,932 $7,018 $52,914
2021 $2,686 $47,380 $8,000 $39,380
2020 $206 $47,380 $8,000 $39,380
2019 $206 $47,380 $8,000 $39,380
2018 $206 $47,380 $8,000 $39,380
2017 $192 $47,380 $8,000 $39,380
2016 $192 $44,240 $6,200 $38,040
2015 $2,247 $44,240 $6,200 $38,040
2014 $2,247 $44,240 $6,200 $38,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10322316

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-41-069-00