NOT LISTED FOR SALE

639 Lake Tree Ln Sherwood, AR 72120

Estimated Value: $275,000 - $286,000

3 Beds
2 Baths
1,790 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $245,000 $137 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,658/month

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Porch
  • Wood Flooring
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of November 2021

WOW! Welcome home! This home has been well cared for & it shows! Start making the memories today! Pretty wood floors in the family rm & dining rm. Family rm is large w/fireplace! Dining has tall ceilings & rm for all the guests! Big kitchen! Lots of room for all the cooks! Pantry! Seperate laundry rm! Master offers plenty of rm for all the furniture. Bath offers jet tub, seperate shower & closet to get lost in!! Big back yard is fully fenced & has room to spread out! Roof 2010. HVAC serviced 2X per year!

Last Agent to Sell the Property

Michele Phillips

Michele Phillips & Co. Realtors Listed on: 10/16/2021

Last Buyer's Agent

Andy Gibson

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,469

Year Built

  • Built in 2001

Lot Details

  • 9,254 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,469

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Porch, Fully Fenced, Guttering
  • Inside City Limits: Yes
  • LVT Date: 10/16/2021
  • Road Surface: Paved
  • Street Designation: Lane
  • Third Party Exports: Daily Record
  • 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: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Logs Present
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1790
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Laundry
  • 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), Gas-Natural, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.21
  • Estimated Lot Size: 9254
  • Lot: Level, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1469.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2021
Closed on
Nov 26, 2021
Sold by
Judith D Raines Revocable Trust and Raines Judith D
Bought by
Brand Hofmann V
Seller's Agent
Michele Phillips
Michele Phillips & Co. Realtors
Buyer's Agent
Andy Gibson
Keller Williams Realty
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Current Estimated Value
$279,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,714
Avg. Annual Appreciation
3.43%
Original Mortgage
$177,750
Outstanding Balance
$162,878
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$116,836

Purchase Details

Closed on
Apr 12, 2018
Sold by
Raines Judith Diane
Bought by
Raines Judith D

Purchase Details

Closed on
Jul 1, 2005
Sold by
Pederson Jeffrey A and Pederson Allison M
Bought by
Raines Judith Diane

Purchase Details

Closed on
Sep 27, 2002
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Pederson Jeffery A and Pederson Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2002
Sold by
Cole David A
Bought by
Prudential Residential Svcs Ltd Prtnrshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Randy Wiggins Company Inc
Bought by
Cole David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Austin Lake Pointe Llc
Bought by
Randy Wiggins Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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
Brand Hofmann V $237,000 Land Title
Raines Judith D -- None Available
Raines Judith Diane $165,000 Lenders Title Co
Pederson Jeffery A $155,000 Lenders Title Co
Prudential Residential Svcs Ltd Prtnrshp -- Lenders Title Co
Cole David A $149,000 American Abstract & Title Co
Randy Wiggins Company Inc $26,000 American Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brand Hofmann V $177,750
Previous Owner Pederson Jeffery A $150,350
Previous Owner Cole David A $141,500
Previous Owner Randy Wiggins Company Inc $121,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $245,000 +4.3% $137 / Sq Ft
10/16/2021 10/16/21 For Sale $235,000 -- $131 / 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 $2,247 $43,124 $5,800 $37,324
2024 $2,247 $43,124 $5,800 $37,324
2023 $2,247 $43,124 $5,800 $37,324
2022 $2,470 $43,124 $5,800 $37,324
2021 $2,006 $35,410 $7,540 $27,870
2020 $1,623 $35,410 $7,540 $27,870
2019 $1,623 $35,410 $7,540 $27,870
2018 $1,648 $35,410 $7,540 $27,870
2017 $1,646 $35,410 $7,540 $27,870
2016 $1,646 $35,400 $6,000 $29,400
2015 $1,798 $35,400 $6,000 $29,400
2014 $1,798 $35,400 $6,000 $29,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21033915

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-35-062-00