NOT LISTED FOR SALE

7 Sherwood Loop Searcy, AR 72143

Estimated Value: $238,000 - $248,556

3 Beds
2.5 Baths
2,543 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $163,000 $64 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,452/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Formal Dining Room
  • Westside Elementary School Rated A-
  • Corner Lot
  • Paneling

About This Home

As of July 2020

Updated 3 Bed - 2½ Bath home on corner lot with fresh paint inside & out. Formal Living & dining rooms plus a separate Family room with wood-burning fireplace. Breakfast dining area adjacent to kitchen. Master bedroom suite has large walk-in closet. Double vanities & separate step-in shower in master bath. Huge laundry room with utility sink & space for add’l refrigerators / freezers. Bonus ½ bath off of laundry. Beautiful tree-shaded patio in the partially fenced backyard. 2 car garage with attic storage.

Last Listed By

Kathi Merritt

RE/MAX Advantage Listed on: 06/14/2020

RE/MAX Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,543 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Insulated Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Westside Elementary School
  • Southwest Middle School
  • Searcy High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 016-00617-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,197

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Partially Fenced, Guttering, Wood Fence
  • Inside City Limits: Yes
  • Legal 2: 08-07-07
  • LVT Date: 06/15/2020
  • Price Per Sq Ft: 64.1
  • Road Surface: Paved
  • Street Designation: Loop
  • Termite Company: Adams
  • Type: Detached
  • Estimated Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Kitchen/Dining Combo, Separate Dining Room
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: All Bedrooms Down, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2543
  • Bedrooms: 3
  • Floors: Laminate, Vinyl, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher, Ice Maker Connection
  • Other Rooms: Formal Living Room, Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

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

Schools

  • Elementary School: Westside
  • Middle School: Southwest
  • High School: Searcy
  • Junior High: Ahlf

Lot Info

  • Estimated Lot Size: 0.25
  • Estimated Lot Size: 116 x 120 Pie-shaped
  • Lot: Level, Corner Lot, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR
  • Parcel Number: 016-00617-000

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1197

MLS Schools

  • Elementary School: Westside
  • HighSchool: Searcy
  • Middle School: Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Jul 30, 2020
Sold by
Joice Chad S and Joice Wendy L
Bought by
Escue David Garrett and Escue Kendal Lee
Seller's Agent
Kathi Merritt
RE/MAX Advantage
Buyer's Agent
Kathi Merritt
RE/MAX Advantage
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Total Days on Market
11
Current Estimated Value
$241,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,639
Avg. Annual Appreciation
8.36%
Original Mortgage
$158,110
Outstanding Balance
$142,062
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$97,735

Purchase Details

Listed on
Apr 28, 2014
Closed on
Aug 15, 2014
Sold by
Boyd H Glenn
Bought by
Joice Chad S and Joice Wendy L
Seller's Agent
Philip Hoggard
RE/MAX Advantage
Buyer's Agent
Philip Hoggard
RE/MAX Advantage
List Price
$139,900
Sold Price
$135,500
Premium/Discount to List
-$4,400
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$133,045
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1994
Bought by
Boyd H Glenn & Shirley Trust

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
Escue David Garrett $163,000 White County Title Company
Joice Chad S $135,500 None Available
Boyd H Glenn & Shirley Trust $71,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escue David Garrett $26,000
Open Escue David Garrett $158,110
Previous Owner Joice Chad S $133,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $163,000 -1.2% $64 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $165,000 0.0% $65 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
06/14/2020 06/14/20 For Sale $165,000 +21.8% $65 / Sq Ft
08/15/2014 08/15/14 Sold $135,500 -3.1% $53 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $139,900 -- $55 / 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 $1,263 $31,120 $6,600 $24,520
2023 $838 $31,120 $6,600 $24,520
2022 $888 $31,120 $6,600 $24,520
2021 $888 $31,120 $6,600 $24,520
2020 $822 $29,490 $5,800 $23,690
2019 $822 $29,490 $5,800 $23,690
2018 $847 $29,490 $5,800 $23,690
2017 $1,197 $29,490 $5,800 $23,690
2016 $1,197 $29,490 $5,800 $23,690
2015 $1,123 $27,650 $5,400 $22,250
2014 $1,069 $26,330 $5,400 $20,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20018224

Cooperative Arkansas REALTORS® MLS

APN: 016-00617-000