$165,000
$15K PRICE DROP

509 Cherry Ln Malvern, AR 72104

Estimated payment $925/month

Total Views 4,664
2 Beds
2 Baths
1,834 Sq Ft
$90 Price per Sq Ft

Highlights

  • Vaulted Ceiling
  • Bonus Room
  • Paneling
  • Wood Flooring
  • Screened Porch
  • Video Patrol

About This Home

When you step into 509 Cherry Lane, you’ll immediately appreciate the blend of historic charm and modern updates. Original hardwood floors and stunning wood tray ceilings with shiplap accents create a warm, inviting atmosphere. The home offers two spacious bedrooms plus a versatile bonus space that could easily serve as a third bedroom, office, or flex room. A large screened porch off the primary bedroom provides the perfect place to relax, overlooking a low-maintenance backyard.

Listing Agent

Laura Finley

Anchor & Oak Realty Group Listed on: 02/01/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1965

Lot Details

  • 15,246 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Metal Siding

Interior Spaces

  • 1,834 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Carport

Schools

  • Malvern Elementary And Middle School
  • Malvern High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Video Patrol

Home Details

Home Type

Single Family

Est. Annual Taxes

$520

Year Built

Built in 1965

Lot Details

0.35 Acres

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Screened Porch, Partially Fenced, Video Surveillance
  • Inside City Limits: Yes
  • LVT Date: 02/01/2026
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1965
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1834
  • Basement: Unfinished, Outside Access/Walk-Out
  • Bedrooms: 2
  • Floors: Wood, Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Ceiling Fan(s), Video Surveillance
  • Kitchen Equip: Free-Standing Stove, Gas Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Bonus Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Paneling, Vault Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding

Garage/Parking

  • Parking: Carport, Two Car

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Schools

  • Junior High: Malvern

Lot Info

  • Estimated Lot Size: 0.35
  • Estimated Lot Size: 50x100 50x100
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 520
  • Year: 2025

MLS Schools

  • Elementary School: Malvern
  • HighSchool: Malvern
  • Middle School: Malvern

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $313 $16,670 $1,500 $15,170
2024 $377 $16,670 $1,500 $15,170
2023 $415 $16,670 $1,500 $15,170
2022 $429 $16,670 $1,500 $15,170
2021 $392 $16,670 $1,500 $15,170
2020 $356 $12,900 $800 $12,100
2019 $356 $12,900 $800 $12,100
2018 $381 $12,900 $800 $12,100
2017 $381 $12,900 $800 $12,100
2016 $686 $12,900 $800 $12,100
2015 $357 $13,310 $720 $12,590
2014 $317 $12,555 $200 $12,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2026 03/25/26 Price Changed $165,000 -5.7% $90 / Sq Ft
03/03/2026 03/03/26 Price Changed $175,000 -2.8% $95 / Sq Ft
02/01/2026 02/01/26 For Sale $180,000 -- $98 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- First National Title
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,489 Stand Alone First
Source: Public Records

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 26004140

Cooperative Arkansas REALTORS® MLS

APN: 700-02309-000

Arkansas Hot Spring County Malvern 72104

509 Cherry Ln, Malvern, AR

For Sale

Detached

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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Laura Finley
Listing Agent
Laura Finley
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Anchor & Oak Realty Group
(501) 290-4175
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