$539,900
SOLD APR 11, 2025

7003 Gemstone Dr Alexander, AR 72002

4 Beds
2 Baths
3,167 Sq Ft
1.22 Acres

Recently Sold

$170 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • Safe Room
  • All Bedrooms Downstairs
  • Hearth Room
  • Springhill Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Traditional Architecture

About This Home

As of April 2025

STUNNING HOME ON ACREAGE WITH A SHOP! With a 30x30 shop, a fully fenced yard, and a massive covered back porch, this home is designed for both comfort and outdoor enjoyment. Inside, you will find exquisite craftsmanship, including a gorgeous coffered ceiling in the living room, elegant barrel ceilings in the hallways, and intricate trim details throughout. The open-concept layout features two spacious living areas, two fireplaces, and a wet bar with a wine fridge, perfect for entertaining. The spacious kitchen is equipped with an island, pantry, breakfast bar, and both a breakfast area and formal dining room. The primary suite is truly oversized, offering a luxurious retreat with a spa-like bathroom and an expansive shower. A bonus room upstairs provides added flexibility for a home office, media room, or extra guest space. Additional highlights include a new roof (2023), three-car garage with in-ground tornado shelter, and fresh paint. Bryant schools!

Last Agent to Sell the Property

Amanda Elrod

Keller Williams Realty Premier Listed on: 02/11/2025

Keller Williams Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 2011

Lot Details

  • 1.22 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 3,167 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Data
  • Built-in Bookshelves
  • Bar Fridge
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Attic Floors

Kitchen

  • Hearth Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Safe Room
  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Automatic Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shop

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Electric Water Heater
  • Septic System

Community Details

  • Video Patrol

Listing and Financial Details

  • $675 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,746

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Restrictions: Bill Of Assurance
  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Fully Fenced, Shop, Chain Link, Video Surveillance, Covered Patio
  • LVT Date: 02/11/2025
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2011
  • Internet Type: Internet-Cellular, Internet-Fiber, Internet-Satellite, Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen, Breakfast Bar
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Primary Bed. Sitting Area, All Bedrooms Down, 4 Bedrooms Same Level
  • Estimated Sq Ft: 3167
  • Bedrooms: 4
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Wet Bar, Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Wired For Highspeed Inter, Video Surveillance, Kit Counter- Granite Slab, Kit Counter-Other
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Bar/Fridge, Wall Oven
  • Other Rooms: Great Room, Office/Study, Game Room, Bonus Room, Laundry, Hearth Room, Safe/Storm Room
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling, Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Three Car, Auto Door Opener, Side Entry

Utilities

  • Utilities: Sewer-Public, Septic, Electric-Co-Op, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: No Fee

Lot Info

  • Estimated Lot Size: 1.22
  • Estimated Lot Size: 205x228x241x204
  • Lot: Level, Corner Lot, Cleared, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 3746
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Apr 11, 2025
Sold by
Krebs Lauren and Mcdonald Lauren
Bought by
Mann Weldon L and Mann Season
Seller's Agent
Amanda Elrod
Keller Williams Realty Premier
List Price
$549,900
Sold Price
$539,900
Premium/Discount to List
-$10,000
-1.82%
Views
110
Current Estimated Value
$546,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,375
Avg. Annual Appreciation
1.62%
Original Mortgage
$512,905
Outstanding Balance
$510,619
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$35,656

Purchase Details

Closed on
Jan 12, 2021
Sold by
Mcdonald Morgan
Bought by
Mcdonald Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2014
Sold by
Leung Michael D and Leung Brandy M
Bought by
Mcdonald Morgan and Mcdonald Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2011
Sold by
Infinity Homes Corp
Bought by
Leung Michael D and Leung Brandy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Stonehill Properties Llc
Bought by
Infinity Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.78%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $539,900 Lenders Title Company
Warranty Deed $539,900 Lenders Title Company
Warranty Deed -- Lenders Title Company
Warranty Deed $330,000 Lenders Title Co
Warranty Deed $329,000 None Available
Warranty Deed $57,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,905 New Conventional
Closed $512,905 New Conventional
Previous Owner $369,000 New Conventional
Previous Owner $330,000 Adjustable Rate Mortgage/ARM
Previous Owner $230,000 New Conventional
Previous Owner $232,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $539,900 -1.8% $170 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $549,900 -- $174 / 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 $4,362 $91,708 $15,120 $76,588
2024 $4,067 $91,708 $15,120 $76,588
2023 $4,422 $91,708 $15,120 $76,588
2022 $4,282 $91,708 $15,120 $76,588
2021 $4,108 $75,400 $12,600 $62,800
2020 $4,108 $75,400 $12,600 $62,800
2019 $4,108 $75,400 $12,600 $62,800
2018 $3,956 $71,910 $12,600 $59,310
2017 $3,956 $71,910 $12,600 $59,310
2016 $3,220 $68,660 $11,600 $57,060
2015 $3,220 $68,660 $11,600 $57,060
2014 $3,475 $68,660 $11,600 $57,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25005526

Cooperative Arkansas REALTORS® MLS

APN: 338-01087-000