NOT LISTED FOR SALE

504 May St Sherwood, AR 72120

Estimated Value: $160,000 - $172,000

3 Beds
2 Baths
1,200 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $139,900 $117 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $967/month

Highlights

  • A-Frame Home
  • Breakfast Bar
  • 1-Story Property
  • In-Law or Guest Suite
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2022

This well-maintained home has 3bd. 2bths, kitchen has been updated with granite counter tops and stainless-steel appliances, nicely updated wood look tile throughout kitchen, living area and hallway, vaulted ceilings make for a spacious living area, a woodburning fireplace for these cold nights, 4 camera security system, 1 car garage and driveway for plenty of parking space, new HVAC and roof in 2010, privacy fenced in backyard with a roomy storage building. You won't want to miss this home.

Last Agent to Sell the Property

Melissa Garrett

McKimmey Associates REALTORS NLR Listed on: 02/02/2022

McKimmey Associates REALTORS NLR

Last Buyer's Agent

Melissa Garrett

McKimmey Associates REALTORS NLR Listed on: 02/02/2022

McKimmey Associates REALTORS NLR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $462

Year Built

  • Built in 1985

Lot Details

  • 7,187 Sq Ft Lot
  • Rural Setting

Home Design

  • A-Frame Home
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$462

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: A-Frame
  • Inside City Limits: Yes
  • LVT Date: 02/02/2022
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Rural Residential
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1200
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Garage, One Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 0.17
  • Estimated Lot Size: 7,187 sq. ft.
  • Lot: In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 461.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 2, 2022
Sold by
Sanders Christopher M
Bought by
Peterson David Grant
Seller's Agent
Melissa Garrett
McKimmey Associates REALTORS NLR
Buyer's Agent
Melissa Garrett
McKimmey Associates REALTORS NLR
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$166,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,197
Avg. Annual Appreciation
4.80%
Original Mortgage
$119,900
Outstanding Balance
$111,523
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$54,574

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 14, 2022
Sold by
Jeanna Sanders
Bought by
Sanders Chris
Seller's Agent
Melissa Garrett
McKimmey Associates REALTORS NLR
Buyer's Agent
Melissa Garrett
McKimmey Associates REALTORS NLR
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Outstanding Balance
$111,523
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$54,574

Purchase Details

Closed on
Aug 13, 1999
Sold by
Bingham Donna S
Bought by
Sanders Christopher M and Dacus Jeanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,632
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1997
Sold by
Newbolt Kelly and Horse Anjannette Red
Bought by
Bingham Donna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,900
Interest Rate
7.93%
Mortgage Type
FHA
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
Peterson David Grant $139,900 Beach Abstract & Guaranty
Sanders Chris $60,000 None Listed On Document
Sanders Christopher M $73,000 American Abstract & Title Co
Bingham Donna S $58,000 Beach Abstract & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson David Grant $119,900
Previous Owner Sanders Christopher M $71,632
Previous Owner Bingham Donna S $52,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $139,900 0.0% $117 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $139,900 -- $117 / 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 $1,119 $21,476 $3,000 $18,476
2024 $1,119 $21,476 $3,000 $18,476
2023 $1,119 $21,476 $3,000 $18,476
2022 $1,003 $21,476 $3,000 $18,476
2021 $929 $16,060 $3,000 $13,060
2020 $549 $16,060 $3,000 $13,060
2019 $549 $16,060 $3,000 $13,060
2018 $574 $16,060 $3,000 $13,060
2017 $564 $16,060 $3,000 $13,060
2016 $614 $17,020 $4,560 $12,460
2015 $828 $17,020 $4,560 $12,460
2014 $828 $16,304 $4,560 $11,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22003615

Cooperative Arkansas REALTORS® MLS

APN: 23S-006-00-077-00