NOT LISTED FOR SALE

503 Summit St Sherwood, AR 72120

Estimated Value: $120,000 - $189,000

3 Beds
2 Baths
1,280 Sq Ft
$114/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $75,000 $59 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $863/month

90 Days on Market

Highlights

  • 7,995 Acre Lot
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Ranch Style House
  • Porch
  • Paneling

About This Home

As of June 2019

Updated country catch on quiet Summit St. Spacious rooms with great natural & updated LED lighting, and freshly painted walls throughout. Remodeled living has a gas fireplace and opens nicely to the spacious kitchen with new floors, new backsplash, and great counter space. Enjoy your big backyard that’s fully fenced. Don’t miss the laundry with great counter space as well. Updated with a new HVAC, new water-heater, new flooring, new insulation, and more! See 3D + VR: https://bit.ly/2Yw7Uoo

Last Agent to Sell the Property

Chase Rackley

Rackley Realty Listed on: 03/28/2019

Last Buyer's Agent

Sergio Convers - RE Consultant

Capital Real Estate Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1968

Lot Details

  • 7,995 Acre Lot
  • Wood Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Wired For Data
  • Paneling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Gas Log Fireplace
  • Insulated Doors
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Car Garage
  • Parking Pad

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Programmable Thermostat
  • Gas Water Heater

Community Details

  • On-Site Maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional, Ranch
  • Ext Features: Porch, Fully Fenced, Outside Storage Area, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 03/28/2019
  • Price Per Sq Ft: 58.59
  • Road Surface: Paved
  • Street Designation: Street
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Woodburning-Prefab., Gas Starter, Gas Logs Present, Decorative/Non-Functional
  • Bedrooms: Guest Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1280
  • Bedrooms: 3
  • Floors: Laminate, Tile, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Ceiling Fan(s), Walk-In Shower, Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Frame, Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads, Two Car

Utilities

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

Condo/Co-op/Association

  • Amenities: No Fee
  • Condo Association Fee: Grounds

Lot Info

  • Estimated Lot Size: 7995
  • Estimated Lot Size: 0.18
  • Lot: Level, Cleared, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors
  • Green Features: High Efficiency Hvac>14, Programmable Thermostat

Tax Info

  • Annual Taxes: 890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 26, 2019
Sold by
Long Nat
Bought by
Wong Colin and Wong Barbara
Seller's Agent
Chase Rackley
Rackley Realty
Buyer's Agent
Sergio Convers - RE Consultant
Capital Real Estate Advisors
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$145,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,434
Avg. Annual Appreciation
11.16%

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 12, 2016
Sold by
Diaz Leigh and Clarke Jonathan
Bought by
Long Nat
Seller's Agent
April Chadick
Home Design and Realty L.L.C.
Buyer's Agent
Chase Rackley
Rackley Realty
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$70,695
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2004
Sold by
Hurst Albert and Hurst Connie
Bought by
Diaz Marc and Diaz Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,350
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Gottsponer Robin R
Bought by
Hurst Albert and Hurst Connie
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
Wong Colin $75,000 Pulaski County Title
Long Nat $72,000 Professional Land Title Co O
Long Nat $72,000 Professional Land Title Co O
Diaz Marc $83,000 Stewart Title Co Of Ar Inc
Hurst Albert $72,000 Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Nat $70,695
Previous Owner Diaz Marc $78,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2019 07/08/19 Pending -- -- --
06/26/2019 06/26/19 Sold $75,000 0.0% $59 / Sq Ft
06/10/2019 06/10/19 Price Changed $75,000 -6.3% $59 / Sq Ft
05/29/2019 05/29/19 Price Changed $80,000 -5.9% $63 / Sq Ft
03/28/2019 03/28/19 For Sale $85,000 +18.1% $66 / Sq Ft
09/12/2016 09/12/16 Sold $72,000 0.0% $56 / Sq Ft View Prior Sale
08/13/2016 08/13/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $72,000 -- $56 / 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
2024 $1,068 $21,556 $3,200 $18,356
2023 $1,068 $21,556 $3,200 $18,356
2022 $1,104 $21,556 $3,200 $18,356
2021 $984 $17,080 $3,300 $13,780
2020 $979 $17,080 $3,300 $13,780
2019 $979 $17,080 $3,300 $13,780
2018 $979 $17,080 $3,300 $13,780
2017 $976 $17,080 $3,300 $13,780
2016 $844 $16,190 $3,200 $12,990
2015 $580 $16,190 $3,200 $12,990
2014 $580 $16,190 $3,200 $12,990
Source: Public Records

Agents Affiliated with this Home

  • Chase Rackley

    Seller's Agent in 2019

    Chase Rackley

    Rackley Realty

    (501) 519-4889

    16 in this area

    538 Total Sales

    Chase Rackley
    Section Image
  • April Chadick

    Seller's Agent in 2016

    April Chadick

    Home Design and Realty L.L.C.

    (501) 658-1508

    17 Total Sales

    April Chadick
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19009957

Cooperative Arkansas REALTORS® MLS

APN: 23S-012-00-089-00

Arkansas Pulaski County Sherwood 72120

503 Summit St, Sherwood, AR

This home is located at 503 Summit St, Sherwood, AR 72120 since 28 March 2019 and is currently estimated at $145,434, approximately $113 per square foot. This property was built in 1968. 503 Summit St is a home located in Pulaski County with nearby schools including Oakbrooke Elementary School, Sylvan Hills Middle School, and Sylvan Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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