NOT LISTED FOR SALE

646 Lake Tree Ln Sherwood, AR 72120

Estimated Value: $339,000 - $380,000

4 Beds
4 Baths
2,506 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $280,000 $112 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,140/month

48 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Traditional Architecture
  • Boat Dock
  • Deck
  • Wood Flooring

About This Home

As of August 2019

Beautiful Lake Front property in a nice quiet neighborhood. 4 bedroom, 2 full bath and 2 half bath with a bonus room! Would be great for entertaining!

Last Agent to Sell the Property

Sydney Barnard

Crye-Leike REALTORS Bryant Listed on: 06/27/2019

Crye-Leike REALTORS Bryant

Last Buyer's Agent

Leah Campbell

RE/MAX Homefinders

RE/MAX Homefinders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 2003

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Level Lot
  • Sprinkler System
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Brick Frame
  • Architectural Shingle Roof

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Open Floorplan
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Docks
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Community Lake

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,645

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Outside Storage Area, Guttering, Lawn Sprinkler, Boat Dock
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Indian Head
  • LVT Date: 06/28/2019
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

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: 2506
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Disposal, Pantry, Refrigerator-Stays
  • Other Rooms: Bonus Room, Laundry
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: 3 Tab Shingles
  • Waterfront: Dock

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Heat-Unspecified, Central Cool -Unspecified

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 0.31
  • Lot: Level, Cleared, In Subdivision, Lake Front
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 1645.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2019
Closed on
Aug 19, 2019
Sold by
Grove Theodore R and Grove Bobetta Bivens
Bought by
Thomas Shelby and Thomas Leigh
Seller's Agent
Sydney Barnard
Crye-Leike REALTORS Bryant
Buyer's Agent
Leah Campbell
RE/MAX Homefinders
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$359,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,212
Avg. Annual Appreciation
4.11%
Original Mortgage
$274,928
Outstanding Balance
$239,785
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$119,427

Purchase Details

Closed on
May 9, 2019
Sold by
Arthur H Grove and Grove Rev Fmtr Lorna C
Bought by
Bivens Grove Theodore R and Bivens Grove Bobetta

Purchase Details

Closed on
May 4, 2007
Sold by
Self Kerry Wayne and Pettko Self Lisa M
Bought by
Grove Arthur H and Grove Lorna C

Purchase Details

Closed on
Jun 6, 2003
Sold by
Rich Homes Inc
Bought by
Self Kerry Wayne and Pettko Self Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
5.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 1, 2002
Sold by
Austin Lake Pointe Llc
Bought by
Rich Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,310
Interest Rate
5.95%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 4, 2002
Sold by
Randy Wiggins Company Inc
Bought by
Austin Lake Pointe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,310
Interest Rate
5.95%
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
Thomas Shelby $280,000 Waco Title
Bivens Grove Theodore R -- None Available
Grove Arthur H $256,000 Lenders Title Company
Self Kerry Wayne $232,000 United Abstract & Title Co
Rich Homes Inc $57,000 United Abstract & Title Co
Austin Lake Pointe Llc -- United Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Shelby $274,928
Previous Owner Self Kerry Wayne $185,600
Previous Owner Rich Homes Inc $166,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $280,000 -3.4% $112 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
06/27/2019 06/27/19 For Sale $290,000 -- $116 / 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 $2,948 $56,789 $6,960 $49,829
2024 $2,702 $56,789 $6,960 $49,829
2023 $2,702 $56,789 $6,960 $49,829
2022 $2,868 $56,789 $6,960 $49,829
2021 $2,661 $55,470 $18,850 $36,620
2020 $2,159 $44,900 $8,280 $36,620
2019 $1,815 $44,900 $8,280 $36,620
2018 $1,840 $44,900 $8,280 $36,620
2017 $1,832 $44,900 $8,280 $36,620
2016 $1,995 $43,480 $6,000 $37,480
2015 $1,946 $38,300 $6,000 $32,300
2014 $1,946 $38,300 $6,000 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19021186

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-35-007-00