NOT LISTED FOR SALE

55 Riverwood St Heber Springs, AR 72543

Estimated Value: $394,503 - $485,000

4 Beds
3 Baths
3,228 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $365,400 $113 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,423/month

Highlights

  • Marina
  • Golf Course View
  • Community Lake
  • Golf Course Community
  • River Nearby
  • Vaulted Ceiling

About This Home

As of August 2023

Beautiful log home located close to the River and Golf Course. Just minutes from Greers Ferry Lake.

Last Agent to Sell the Property

Tammy Landry

Landry Greers Ferry Lake Realty Listed on: 05/26/2023

Last Buyer's Agent

Tammy Landry

Landry Greers Ferry Lake Realty Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1996

Lot Details

  • 0.59 Acre Lot
  • Sloped Lot

Parking

  • 1 Car Garage

Home Design

  • Log Cabin
  • Slab Foundation
  • Architectural Shingle Roof
  • Ridge Vents on the Roof
  • Log Siding

Interior Spaces

  • 3,228 Sq Ft Home
  • Built-in Bookshelves
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Two Story Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Golf Course Views
  • Home Security System

Kitchen

  • Stove
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • River Nearby

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Co-Op Electric
  • Propane
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Community Details

Overview

  • Community Lake

Recreation

  • Marina
  • Golf Course Community
  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Log
  • Golf: Yes
  • Lake: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 12/27/2023
  • River: Yes
  • River Name: Little Red River (Arkansas)
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Detached
  • Estimated Year Built: 1996
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 3228
  • Basement: Cooled, Finished, Heated, Inside Access, Outside Access/Walk-Out
  • Bedrooms: 4
  • Floors: Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Security System, Window Treatments, Built-Ins, Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Built-In Stove, Microwave, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Den/Family Room, Laundry
  • Stories: 2 Story Entry & Lower
  • Walls Ceilings: Vault Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Log
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, One Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Playground, Marina, Golf Course, Fitness/Bike Trail

Lot Info

  • Estimated Lot Size: 0.59
  • Estimated Lot Size: 120'X213'
  • Lot: Sloped, Golf Course Frontage, River/Lake Area, Golf View
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows, Ridge Vents/Caps

Tax Info

  • Annual Taxes: 1572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 30, 2021
Sold by
Shumate Clayton and Shumate Amy
Bought by
Patsios Gus V and Patsios Lori L
Seller's Agent
Clayton Shumate
RE/MAX Advantage Heber Springs
Buyer's Agent
Chelsie Brooks
The Real Estate Center LLC
List Price
$290,000
Sold Price
$287,500
Premium/Discount to List
-$2,500
-0.86%
Current Estimated Value
$428,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,126
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Engler Michael C and Engler Lucy R
Bought by
Shumate Clayton and Shumate Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,625
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2002
Bought by
Engler Michael C and Engler Lucy R

Purchase Details

Closed on
Jan 11, 1999
Bought by
Kirkpatrick Michael and Kirkpatrick Billie H

Purchase Details

Closed on
Jun 19, 1997
Bought by
Betty Howard J and Betty

Purchase Details

Closed on
May 1, 1996
Bought by
Howard Howard J and Howard B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patsios Gus V $290,000 Cornerstone Title & Escrow
Shumate Clayton $217,500 General Land & Title Service
Engler Michael C $145,000 --
Kirkpatrick Michael -- --
Betty Howard J -- --
Howard Howard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shumate Clayton $206,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2023 08/07/23 Sold $365,400 +1.5% $113 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $360,000 +25.2% $112 / Sq Ft
04/30/2021 04/30/21 Sold $287,500 -0.9% $89 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $290,000 -- $90 / 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 $1,997 $52,688 $3,000 $49,688
2023 $1,572 $52,688 $3,000 $49,688
2022 $1,622 $52,688 $3,000 $49,688
2021 $1,097 $38,838 $2,400 $36,438
2020 $1,097 $38,838 $2,400 $36,438
2019 $1,097 $38,838 $2,400 $36,438
2018 $1,122 $38,838 $2,400 $36,438
2017 $919 $38,838 $2,400 $36,438
2016 $859 $31,891 $2,200 $29,691
2015 $859 $31,891 $2,200 $29,691
2014 $859 $31,891 $2,200 $29,691
Source: Public Records

Agents Affiliated with this Home

  • Tammy Landry

    Seller's Agent in 2023

    Tammy Landry

    Landry Greers Ferry Lake Realty

    (501) 412-0182

    4 in this area

    412 Total Sales

    Tammy Landry
    Section Image
  • Clayton Shumate

    Seller's Agent in 2021

    Clayton Shumate

    RE/MAX

    (901) 491-8068

    53 in this area

    94 Total Sales

    Clayton Shumate
    Section Image
  • Chelsie Brooks

    Buyer's Agent in 2021

    Chelsie Brooks

    The Real Estate Center LLC

    (501) 206-8797

    37 in this area

    71 Total Sales

    Chelsie Brooks
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23040865

Cooperative Arkansas REALTORS® MLS

APN: 002-07888-026

Arkansas Cleburne County Heber Springs 72543

55 Riverwood St, Heber Springs, AR

Not Listed for Sale

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