NOT LISTED FOR SALE

7008 Gap Ridge Dr Sherwood, AR 72120

Estimated Value: $345,000 - $370,153

3 Beds
2.5 Baths
2,486 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $246,900 $99 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,126/month

149 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Formal Dining Room
  • Whirlpool Bathtub
  • Home Office
  • Eat-In Kitchen

About This Home

As of May 2019

Lovely entryway lures you into the Great room with 12' ceilings and fireplace w/a stone mantel you can sit around, not just look at! Separate office & formal dining w/hardwood floors. Gourmet kitchen is a chef's dream w/stainless steel appliances, corian counter tops and plenty of cabinet space. Tile throughout kitchen & all wet areas/baths. 3 generously sized bedrooms w/master split from the 2 guest rooms w/Jack & Jill bath. Deck overlooks large fenced backyard. New HWH 2018, HVAC 2013, microwave/DW 2015.

Last Agent to Sell the Property

Michael Bumgardner

Crye-Leike REALTORS Kanis Branch Listed on: 11/27/2018

Last Buyer's Agent

Lun Chao Hannel

McKimmey Associates REALTORS NLR

McKimmey Associates REALTORS NLR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Wood Fence

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rock and Frame
  • Composition Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Insulated Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Home Office
  • Attic Floors

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Co-Op Electric
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,469

Year Built

Built in 2005

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering, Wood Fence
  • Inside City Limits: Yes
  • LVT Date: 11/26/2018
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Separate Dining Room
  • Fireplace: Gas Starter
  • Bedrooms: Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2486
  • Bedrooms: 3
  • Floors: Laminate, Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Gas, Water Heater-Gas, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Breakfast Bar, Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Office/Study, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick, Rock & Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural, Tv-Cable, Tv-Satellite Dish, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Condo/Co-op/Association

  • Amenities: Playground, Picnic Area, Mandatory Fee, Fitness/Bike Trail
  • Condo Association Fee: 250
  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 0.31
  • Estimated Lot Size: 0.31
  • Lot: In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Annual Taxes: 2469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
May 31, 2019
Sold by
Walker Greg G and Walker Jessica B
Bought by
Pickens Nikki M and Pickens Sedrick
Seller's Agent
Michael Bumgardner
Crye-Leike REALTORS Kanis Branch
Buyer's Agent
Lun Chao Hannel
McKimmey Associates REALTORS NLR
List Price
$273,500
Sold Price
$246,900
Premium/Discount to List
-$26,600
-9.73%
Current Estimated Value
$360,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,388
Avg. Annual Appreciation
6.02%
Original Mortgage
$197,520
Outstanding Balance
$173,378
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$186,910

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 23, 2013
Sold by
Grant Ryan
Bought by
Walker Greg G and Walker Jessica B
Seller's Agent
Brenda Rhoads
Crye-Leike REALTORS NLR Branch
Buyer's Agent
Brenda Rhoads
Crye-Leike REALTORS NLR Branch
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$192,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2009
Sold by
Hickey Jerry R and Hickey Bonnie J
Bought by
Grant Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,735
Interest Rate
4.97%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2006
Sold by
Exclusive Properties Inc
Bought by
Hickey Jerry R and Hickey Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pickens Nikki M $246,900 Beach Abstract & Guaranty Co
Walker Greg G $240,000 Realty Title
Grant Ryan $244,000 Professional Land Title Comp
Hickey Jerry R $242,000 West Little Rock Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pickens Nikki M $197,520
Previous Owner Walker Greg G $192,000
Previous Owner Grant Ryan $248,735
Previous Owner Hickey Jerry R $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $246,900 -1.2% $99 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $250,000 -2.7% $101 / Sq Ft
02/17/2019 02/17/19 Price Changed $257,000 -4.3% $103 / Sq Ft
01/20/2019 01/20/19 Price Changed $268,500 -1.8% $108 / Sq Ft
11/27/2018 11/27/18 For Sale $273,500 +14.0% $110 / Sq Ft
09/24/2013 09/24/13 Sold $240,000 -2.0% $103 / Sq Ft View Prior Sale
08/25/2013 08/25/13 Pending -- -- --
08/21/2013 08/21/13 For Sale $245,000 -- $105 / 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 $2,469 $61,651 $9,800 $51,851
2024 $2,469 $61,651 $9,800 $51,851
2023 $2,469 $61,651 $9,800 $51,851
2022 $2,769 $61,651 $9,800 $51,851
2021 $2,686 $47,390 $7,900 $39,490
2020 $2,308 $47,390 $7,900 $39,490
2019 $2,308 $47,390 $7,900 $39,490
2018 $2,333 $47,390 $7,900 $39,490
2017 $2,333 $47,390 $7,900 $39,490
2016 $2,549 $51,530 $8,200 $43,330
2015 $2,549 $51,530 $8,200 $43,330
2014 $2,549 $51,530 $8,200 $43,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18036746

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-47-039-00