NOT LISTED FOR SALE

506 May Ave Sherwood, AR 72120

Estimated Value: $172,000 - $184,000

3 Beds
2 Baths
1,230 Sq Ft
$144/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $170,000 $138 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,049/month

76 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Tile Flooring
  • Traditional Architecture
  • Home Security System
  • 1-Story Property

About This Home

As of December 2023

Back on Market! BUYER's financing fell through. -Come see this adorable 3 bedroom home in the heart of Sherwood. Spacious bedrooms and living space with an excellent layout. Large master bedroom offers huge walk in closet with a cedar ceiling. Tray ceilings, arched doorways, and 9 foot ceilings throughout make this beautiful home stand out. Fully fenced back yard, porch and shed are perfect for your weekend fun and projects. Close proximity to Sherwood parks and LRAFB. Come see your new home!

Last Agent to Sell the Property

Laura Gerstner

Engel & Völkers Listed on: 10/13/2023

Engel & Völkers

Last Buyer's Agent

Monica Hale

Plush Homes Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,337

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Metal Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Home Security System
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Space Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 23S-006-00-078-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,337

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Fully Fenced, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 10/13/2023
  • Road Surface: Paved
  • Street Designation: Avenue
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2004
  • Internet Type: Internet-Cable
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1230
  • Bedrooms: 3
  • Floors: Tile, Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Security System, Window Treatments, Walk-In Closet(s), Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Den/Family Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Space Heater-Electric

Lot Info

  • Estimated Lot Size: 0.17
  • Estimated Lot Size: 7405
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 23S-006-00-078-00

Tax Info

  • Annual Taxes: 1337.41
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 28, 2023
Sold by
Schielke Angela and Schielke Samuel
Bought by
Hickman Kiaira
Seller's Agent
Laura Gerstner
Engel & Völkers
Buyer's Agent
Monica Hale
Plush Homes Co. Realtors
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Views
315
Current Estimated Value
$176,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,517
Avg. Annual Appreciation
2.08%
Original Mortgage
$166,920
Outstanding Balance
$164,036
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$12,481

Purchase Details

Closed on
Apr 23, 2019
Sold by
Lock Robert
Bought by
Windham Angela Lock

Purchase Details

Closed on
Mar 8, 2018
Sold by
Lock Robert
Bought by
Lock Robert and Lock Angela

Purchase Details

Closed on
May 9, 2014
Sold by
Windham Angela M
Bought by
Lock Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,675
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Stewart Gavin J
Bought by
Windham Angela M

Purchase Details

Closed on
Apr 20, 2005
Sold by
Jordan Joseph Chris
Bought by
Stewart Gavin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,067
Interest Rate
5.93%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2004
Sold by
Guajardo Alex
Bought by
Jordan Joseph Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Dodson John Robert
Bought by
Guajardo Alex
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
Hickman Kiaira $170,000 National Title & Escrow
Windham Angela Lock -- None Available
Lock Angela -- None Available
Lock Robert -- None Available
Lock Robert E $125,500 American Abstract & Title Co
Windham Angela M -- None Available
Stewart Gavin $118,000 Stewart Title Of Arkansas
Jordan Joseph Chris $115,000 Stewart Title Co Of Ar Inc
Guajardo Alex $2,320 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickman Kiaira $166,920
Previous Owner Lock Robert E $106,675
Previous Owner Stewart Gavin $106,067
Previous Owner Jordan Joseph Chris $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $170,000 +0.1% $138 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $169,900 0.0% $138 / Sq Ft
11/30/2023 11/30/23 Price Changed $169,900 -2.9% $138 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $175,000 -- $142 / 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 $1,439 $27,617 $3,000 $24,617
2024 $1,337 $27,617 $3,000 $24,617
2023 $1,337 $27,617 $3,000 $24,617
2022 $1,383 $27,617 $3,000 $24,617
2021 $1,230 $21,390 $3,000 $18,390
2020 $1,224 $21,390 $3,000 $18,390
2019 $1,224 $21,390 $3,000 $18,390
2018 $1,224 $21,390 $3,000 $18,390
2017 $1,220 $21,390 $3,000 $18,390
2016 $1,216 $21,310 $4,560 $16,750
2015 $1,033 $21,310 $4,560 $16,750
2014 $1,033 $20,326 $4,560 $15,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23032833

Cooperative Arkansas REALTORS® MLS

APN: 23S-006-00-078-00