NOT LISTED FOR SALE

502 Indian Bay Dr Sherwood, AR 72120

Estimated Value: $235,000 - $261,000

3 Beds
2 Baths
1,909 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $227,000 $119 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,603/month

53 Days on Market

Highlights

  • Ranch Style House
  • Tile Flooring
  • Ceiling Fan
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 2 Car Garage

About This Home

As of March 2023

Beautiful 3 bed 2 bath home! This home features fresh neutral paint, new floorings, stainless appliances and much more. Super clean and move in Ready!

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com, Inc. Listed on: 01/13/2023

ListWithFreedom.com, Inc.

Last Buyer's Agent

Staci Medlock

Re/Max Elite NLR

Re/Max Elite NLR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1,909 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Schools

  • Clinton Elementary School
  • Sylvan Hills Middle School
  • Sylvan Hills High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 22S-001-05-082-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Ranch
  • LVT Date: 01/13/2023
  • Price Per Sq Ft: 118.91
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Zoning: RES
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1909
  • Bedrooms: 3
  • Floors: Tile, Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Ceiling Fan(s)
  • Kitchen Equip: Microwave, Electric Range, Dishwasher
  • Stories: One Story

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Clinton
  • Middle School: Sylvan Hills Middle School
  • High School: Sylvan Hills
  • Junior High: Sylvan Hills

Lot Info

  • Estimated Lot Size: 0.2
  • Estimated Lot Size: 8712
  • Lot: Level, Cleared
  • Geo Subdivision: AR
  • Parcel Number: 22S-001-05-082-00

Tax Info

  • Annual Taxes: 1775.05
  • Year: 2022

MLS Schools

  • Elementary School: Clinton
  • HighSchool: Sylvan Hills
  • Middle School: Sylvan Hills Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 30, 2023
Sold by
Bjr Group Inc
Bought by
Crichfield Cody
Seller's Agent
Ralph Harvey
ListWithFreedom.com, Inc.
Buyer's Agent
Staci Medlock
Re/Max Elite NLR
List Price
$249,900
Sold Price
$227,000
Premium/Discount to List
-$22,900
-9.16%
Views
277
Current Estimated Value
$260,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,658
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Sep 27, 2010
Sold by
Oberle Sandra J and Lessley Bruce
Bought by
Smith Lateresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,980
Interest Rate
4.42%
Mortgage Type
FHA
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
Crichfield Cody $227,000 Commerce Title
Smith Lateresa L $152,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lateresa L $149,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $227,000 -5.4% $119 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $239,900 -2.0% $126 / Sq Ft
01/27/2023 01/27/23 Price Changed $244,900 -2.0% $128 / Sq Ft
01/13/2023 01/13/23 For Sale $249,900 -- $131 / 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 $2,108 $40,460 $3,800 $36,660
2022 $1,996 $40,460 $3,800 $36,660
2021 $1,760 $30,970 $6,020 $24,950
2020 $1,378 $30,970 $6,020 $24,950
2019 $1,378 $30,970 $6,020 $24,950
2018 $1,403 $30,970 $6,020 $24,950
2017 $1,394 $30,970 $6,020 $24,950
2016 $1,362 $30,360 $6,200 $24,160
2015 $1,542 $30,360 $6,200 $24,160
2014 $1,542 $30,360 $6,200 $24,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23001347

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-05-082-00