NOT LISTED FOR SALE

503 Shady Acres Ln Prairie Grove, AR 72753

Estimated Value: $358,391 - $414,000

3 Beds
2 Baths
2,051 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $223,500 $109 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,193/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cul-De-Sac
  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of October 2020

A beautiful home in the highly desired Shady Acres Subdivision. 2051 sq ft, 3/2 split bedroom plan. Shower and whirlpool tub in master bath, open floor plan, Covered rear deck and privacy fenced backyard. 12 X 16 storage building. Hard to find one like this.

Last Agent to Sell the Property

Gary Boyle

Lindsey & Associates Inc License #EB00033437 Listed on: 09/09/2020

Lindsey & Associates Inc

Co-Listed By

Carolyn Boyle

Lindsey & Associates Inc License #SA00073752

Last Buyer's Agent

Nick Emerson

Gibson Real Estate License #EB00069429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,619

Year Built

  • Built in 2002

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,051 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Shady Acre Estates Subdivision

Listing and Financial Details

  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,619

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1325
  • Co List Office Phone: 479-521-6611
  • Subdivision Name: Shady Acre Estates
  • Directions: Highway 62 W to Prairie Grove, right at first light, right on Bush, right at PG High School ( road changes into Viney Grove), next right on Shady Acres-house is next to the last on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Smooth Cooktop, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Programmable Thermostat, Split Bedrooms, Tile Counters, Walk-In Closet(s)
  • Living Area: 2051.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Cleared, Cul-De-Sac, Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Sidewalks

Schools

  • Junior High Dist: Prairie Grove

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1619.0
  • Tax Block: N/A
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 9, 2020
Sold by
Johnson Mary Jean
Bought by
Ledg-Erwood Brad D and Ledg-Erwood Cary
Seller's Agent
Gary Boyle
Lindsey & Associates Inc
Buyer's Agent
Nick Emerson
Gibson Real Estate
List Price
$228,000
Sold Price
$223,500
Premium/Discount to List
-$4,500
-1.97%
Current Estimated Value
$371,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,004
Avg. Annual Appreciation
11.39%
Original Mortgage
$185,505
Outstanding Balance
$165,741
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,607

Purchase Details

Closed on
Dec 29, 2015
Bought by
Johnson Mary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2012
Sold by
Knowles Charles W and Reed Brenda M
Bought by
Johnson Kenith H and Johnson Mary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Knowles Charles W and Knowles Brenda M
Bought by
Charles W and Knowles Revocable T Brenda M

Purchase Details

Closed on
May 12, 1997
Bought by
Mss I Properties, Llc
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
Ledg-Erwood Brad D $223,500 None Listed On Document
Johnson Mary Jean -- --
Johnson Kenith H $155,000 Waco Title Company
Charles W -- --
Mss I Properties, Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledg-Erwood Brad D $185,505
Previous Owner Johnson Mary J $108,000
Previous Owner Johnson Kenith H $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $223,500 -2.0% $109 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $228,000 -- $111 / 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
2024 $1,911 $66,580 $8,000 $58,580
2023 $1,966 $66,580 $8,000 $58,580
2022 $1,872 $41,620 $6,000 $35,620
2021 $1,872 $41,620 $6,000 $35,620
2020 $1,597 $41,620 $6,000 $35,620
2019 $1,524 $34,910 $6,000 $28,910
2018 $1,549 $34,910 $6,000 $28,910
2017 $1,532 $34,910 $6,000 $28,910
2016 $1,532 $34,910 $6,000 $28,910
2015 $1,532 $34,910 $6,000 $28,910
2014 $1,875 $34,780 $6,000 $28,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1160043

Northwest Arkansas Board of REALTORS®

APN: 805-20292-000