NOT LISTED FOR SALE

627 Lake Tree Ln Sherwood, AR 72120

Estimated Value: $312,000 - $317,722

4 Beds
2 Baths
2,083 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $224,900 $108 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,825/month

3 Days on Market

Highlights

  • Lake View
  • Whirlpool Bathtub
  • Breakfast Bar
  • Traditional Architecture
  • Formal Dining Room
  • Patio

About This Home

As of June 2020

This impressive 4 bdrm home is whistle clean and sure to impress. The crowd-sized open living area w/gas log fireplace and 9' ceilings is perfect for the your family and friends. Lot of natural light. Master bath features corner whirlpool tub and separate shower. Race on over - start tomorrows memories today.

Last Agent to Sell the Property

Sharon Bostic

CBRPM NLR Listed on: 04/17/2020

Last Buyer's Agent

Karen Thornton

Michele Phillips & Co. Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Lot Sloped Up
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,083 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Formal Dining Room
  • Lake Views
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Attic

  • Attic Floors
  • Attic Ventilator

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 04/17/2020
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Kitchen/Dining Combo, Separate Dining Room
  • Fireplace: Woodburning-Prefab., Gas Starter, Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart
  • Estimated Sq Ft: 2083
  • Bedrooms: 4
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Security System, Floored Attic, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 62 x 142 x 116 x 120
  • Lot: Sloped, Cleared, In Subdivision, Lake View, Upslope
  • Geo Subdivision: AR

Green Features

  • Energy Features: Attic Vent-Turbo, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
Jun 1, 2020
Sold by
Westmoreland John B and Westmoreland Paula K
Bought by
Stauddy James E and Stauddy Brooke N
Seller's Agent
Sharon Bostic
CBRPM NLR
Buyer's Agent
Karen Thornton
Michele Phillips & Co. Realtors
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$314,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,281
Avg. Annual Appreciation
6.37%
Original Mortgage
$218,153
Outstanding Balance
$193,314
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$120,867

Purchase Details

Closed on
Mar 31, 2009
Sold by
Campassi David C and Campassi Cynthia M
Bought by
Westmoreland John B and Westmoreland Paula K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,750
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Brown John O and Brown Carey M
Bought by
Campassi David C and Campassi Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,001
Interest Rate
5.35%
Mortgage Type
VA

Purchase Details

Closed on
May 14, 2001
Sold by
Jon Young Construction Inc
Bought by
Brown John O and Brown Carey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,200
Interest Rate
7.01%
Mortgage Type
VA

Purchase Details

Closed on
Oct 10, 2000
Sold by
Austin Lake Pointe Llc
Bought by
Jon Young Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
7.95%
Mortgage Type
Construction
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
Stauddy James E $224,900 Professional Land Ttl Co Of
Westmoreland John B $187,000 Mcwilliams & Turner Title Co
Campassi David C $178,000 American Abstract & Title Co
Brown John O $161,000 Lenders Title Company
Jon Young Construction Inc $26,000 Lenders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stauddy James E $218,153
Previous Owner Westmoreland John B $180,750
Previous Owner Campassi David C $182,001
Previous Owner Brown John O $164,200
Previous Owner Jon Young Construction Inc $139,600
Closed Jon Young Construction Inc $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $224,900 0.0% $108 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $224,900 -- $108 / 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 $2,025 $47,900 $5,800 $42,100
2024 $2,025 $47,900 $5,800 $42,100
2023 $2,025 $47,900 $5,800 $42,100
2022 $2,274 $47,900 $5,800 $42,100
2021 $2,204 $38,860 $7,540 $31,320
2020 $1,820 $38,860 $7,540 $31,320
2019 $1,820 $38,860 $7,540 $31,320
2018 $1,840 $38,860 $7,540 $31,320
2017 $1,840 $38,860 $7,540 $31,320
2016 $1,988 $38,160 $6,000 $32,160
2015 $1,939 $38,160 $6,000 $32,160
2014 $1,939 $38,160 $6,000 $32,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20011990

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-35-066-00