NOT LISTED FOR SALE

4385 Cherry Tree Ln Harrison, AR 72601

Estimated Value: $185,000 - $244,000

2 Beds
2 Baths
1,405 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $58,400 $42 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,253/month

40 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Covered Patio or Porch
  • Forest Heights Elementary School Rated A-
  • Cathedral Ceiling
  • Central Heating and Cooling System

About This Home

As of November 2013

Chalet style home with loft area, large deck, great view, private setting located within 10 miles of Harrison. Home is selling as is, it does need some maintenance and repairs completed, come take a look. This property is eligible for owner occupants only thru 10/16/13 under the Freddie Mac First Look Initiative and includes $500 credit toward home warranty of buyer's choice. Seller

Last Agent to Sell the Property

Bobby Woods

Homestead Realty of Harrison, INC License #PB00006144 Listed on: 09/18/2013

Homestead Realty of Harrison, INC

Last Buyer's Agent

GREG MORRIS

Re/Max Unlimited, Inc. License #EB00055695

Re/Max Unlimited, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,028

Lot Details

  • 1.71 Acre Lot
  • Dirt Road
  • Wooded Lot

Home Design

  • Metal Roof
  • Masonite

Interior Spaces

  • 1,405 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Gaither Mt Est 1St A Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,028

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.71
  • Lot Size: 1.71 acres more or l
  • Road Surface Type: Dirt
  • Subdivision Name: Gaither Mt Est 1st A
  • Directions: Hwy 43 south about 6 - 7 miles, go up Gaither Mtn, at top turn right on Orchard Point Rd for about 2 miles, left on Cherry Tree Lane for 0.1 mile, 2nd driveway on left.
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1405.0

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Masonite
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered, Deck
  • Roof: Metal

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Septic Available

Schools

  • Junior High Dist: Harrison

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 21, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
First American Asset Closing Services
Seller's Agent
Bobby Woods
Homestead Realty of Harrison, INC
Buyer's Agent
GREG MORRIS
Re/Max Unlimited, Inc.
List Price
$69,900
Sold Price
$58,400
Premium/Discount to List
-$11,500
-16.45%
Current Estimated Value
$220,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,333
Avg. Annual Appreciation
11.80%
Original Mortgage
$51,976
Outstanding Balance
$38,622
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$182,111

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 18, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Bobby Woods
Homestead Realty of Harrison, INC
Buyer's Agent
GREG MORRIS
Re/Max Unlimited, Inc.
List Price
$69,900
Sold Price
$58,400
Premium/Discount to List
-$11,500
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,976
Outstanding Balance
$38,622
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$182,111

Purchase Details

Closed on
Aug 20, 2013
Sold by
Gentry Steven M and Gentry Lily Elizabeth
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 15, 2007
Sold by
Mecke William J and Mecke Pat A
Bought by
Gentry Steven M and Gentry Lily E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Interest Rate
6.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 9, 2003
Bought by
Gentry and Gilbert

Purchase Details

Closed on
Jun 2, 2003
Bought by
Home Comings Financial

Purchase Details

Closed on
Jan 20, 1998
Bought by
Franklin
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
First American Asset Closing Services $58,400 Associates Closing & Title L
Federal Home Loan Mortgage Corporation -- None Available
Jpmorgan Chase Bank Na $102,693 None Available
Gentry Steven M $16,000 None Available
Gentry $64,000 --
Home Comings Financial -- --
Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First American Asset Closing Services $51,976
Previous Owner Gentry Steven M $16,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $58,400 -16.5% $42 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $69,900 -- $50 / Sq Ft
Source: Northwest 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 $1,028 $22,950 $3,000 $19,950
2024 $1,028 $22,950 $3,000 $19,950
2023 $1,028 $22,950 $3,000 $19,950
2022 $644 $22,950 $3,000 $19,950
2021 $599 $22,950 $3,000 $19,950
2020 $555 $19,970 $3,000 $16,970
2019 $573 $19,970 $3,000 $16,970
2018 $563 $19,970 $3,000 $16,970
2017 $545 $19,970 $3,000 $16,970
2016 $545 $19,970 $3,000 $16,970
2015 $975 $21,770 $3,000 $18,770
2014 $975 $21,770 $3,000 $18,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: H130818

Northwest Arkansas Board of REALTORS®

APN: 293-00054-000