NOT LISTED FOR SALE

508 Briar St Sherwood, AR 72120

Estimated Value: $165,000 - $188,000

3 Beds
2 Baths
1,939 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $112,500 $58 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,113/month

111 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Formal Dining Room

About This Home

As of October 2017

Totally remodeled home in the heart of Sherwood!! Everything has been updated! New paint, carpet, tile, refinished gorgeous hardwoods, new appliances, plumbing, shower, blinds, new HVAC & HWH and so much more!!! Open floor plan w/ great entertainment space!! Tons of storage w/ huge laundry & mud room! Master suite has giant walk in closet and beautiful tiled rain head shower! One level living w/ additional bedroom upstairs. One year home warranty!! Come see today!!

Last Agent to Sell the Property

Alice Mattox

CBRPM Group Listed on: 05/11/2017

Last Buyer's Agent

Matthew Lamb

REI Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,012

Year Built

  • Built in 1965

Lot Details

  • 7,800 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,939 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Car Garage
  • Carport
  • Parking Pad

Outdoor Features

  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,012

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Guttering, Chain Link
  • Inside City Limits: Yes
  • LVT Date: 05/12/2017
  • Price Per Sq Ft: 58.02
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Warranty: 3rd Party Home Warranty
  • Estimated Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Separate Dining Room, Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv
  • Estimated Sq Ft: 1939
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Pantry
  • Other Rooms: Formal Living Room, Great Room, Laundry
  • Stories: 1.5 Story
  • Walls Ceilings: Vault Ceiling

Exterior Features

  • Exterior: Brick, Frame
  • Roof: Composition

Garage/Parking

  • Parking: Carport, Parking Pads, Four Car Or More

Utilities

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

Lot Info

  • Estimated Lot Size: 0.18
  • Estimated Lot Size: 7800
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1012.3
  • Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Oct 5, 2017
Sold by
Next Level Property Group Llc
Bought by
Lewis Kelvin
Seller's Agent
Alice Mattox
CBRPM Group
Buyer's Agent
Matthew Lamb
REI Realty
List Price
$134,900
Sold Price
$112,500
Premium/Discount to List
-$22,400
-16.6%
Current Estimated Value
$181,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,678
Avg. Annual Appreciation
4.89%
Original Mortgage
$110,461
Outstanding Balance
$95,188
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$68,529

Purchase Details

Listed on
Oct 4, 2016
Closed on
Feb 3, 2017
Sold by
Fannie Mae
Bought by
Next Level Property Grup Llc
Seller's Agent
John Mason
Mason and Company
Buyer's Agent
Alice Mattox
CBRPM Group
List Price
$66,900
Sold Price
$47,900
Premium/Discount to List
-$19,000
-28.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
257.65%

Purchase Details

Closed on
Jul 5, 2016
Sold by
Lucas Eva F and Lucas John W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 3, 2012
Sold by
Lucas John
Bought by
Lucas Eva

Purchase Details

Closed on
Mar 31, 2005
Sold by
Karolchyk Susan M and Karolchyk Keith
Bought by
Lucas John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2003
Sold by
Owen John and Owen Nancy
Bought by
Karolchyk Keith and Karolchyk Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1997
Sold by
Owen Nancy and Good Nancy S
Bought by
Owen John and Owen Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage
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
Lewis Kelvin $112,500 First National Title Company
Next Level Property Grup Llc $47,900 Associates Closing & Title L
Federal National Mortgage Association $124,777 Attorney
Lucas Eva -- None Available
Lucas John -- Covenant Title Company
Karolchyk Keith $52,000 Stewart Title Of Arkansas
Owen John -- Lenders Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kelvin $110,461
Previous Owner Lucas John $133,000
Previous Owner Lucas John $86,000
Previous Owner Karolchyk Susan M $10,198
Previous Owner Karolchyk Keith $17,000
Previous Owner Owen John $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $112,500 -1.3% $58 / Sq Ft
08/19/2017 08/19/17 Price Changed $114,000 -4.9% $59 / Sq Ft
07/11/2017 07/11/17 Price Changed $119,900 -4.0% $62 / Sq Ft
06/29/2017 06/29/17 Price Changed $124,900 -7.4% $64 / Sq Ft
05/11/2017 05/11/17 For Sale $134,900 +181.6% $70 / Sq Ft
02/03/2017 02/03/17 Sold $47,900 -28.4% $25 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
10/04/2016 10/04/16 For Sale $66,900 -- $35 / 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 $1,511 $31,352 $3,200 $28,152
2022 $1,562 $31,352 $3,200 $28,152
2021 $1,387 $24,170 $3,300 $20,870
2020 $1,380 $24,170 $3,300 $20,870
2019 $1,380 $24,170 $3,300 $20,870
2018 $1,380 $24,170 $3,300 $20,870
2017 $1,354 $24,170 $3,300 $20,870
2016 $1,012 $19,430 $3,200 $16,230
2015 $987 $19,430 $3,200 $16,230
2014 $987 $19,430 $3,200 $16,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 17014334

Cooperative Arkansas REALTORS® MLS

APN: 23S-012-00-046-00