NOT LISTED FOR SALE

701 Shannon Ln Sheridan, AR 72150

Estimated Value: $202,285 - $252,000

3 Beds
2 Baths
1,709 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 30, 2025

Last sale price $250,000 $146 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,383/month

Highlights

  • Traditional Architecture
  • Home Office
  • In-Law or Guest Suite
  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2025

sitting on a beautiful corner lot in Brownwood subdivision, this is a property to come checkout. this property has it all. 3 bedrooms, 2 bathrooms, a office/study. 2 car garage and a attached shop that has its own separate full bathroom. The fenced in and shaded back yard is big and has plenty of concrete patio space for any setup. there is also a separate small building to keep all your landscaping and tools in. Property went under contract before listed but come and check it out to be the backup offer incase the primary offer runs into any issues.

Last Agent to Sell the Property

Eric Shepherd

Alliance Property Group Listed on: 05/31/2025

Last Buyer's Agent

Eric Shepherd

Alliance Property Group Listed on: 05/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1989

Lot Details

  • 0.76 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 700-01570-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 06/22/2025
  • Road Surface: Paved
  • Street Designation: Lane
  • Type: Detached
  • Estimated Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Gas Logs Present, Uses Gas Logs Only
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1709
  • Bedrooms: 3
  • Floors: Carpet, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
  • Other Rooms: Den/Family Room, Office/Study
  • Stories: One Story

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.76
  • Estimated Lot Size: 170x195
  • Lot: Sloped, Level, Corner Lot
  • Geo Subdivision: AR
  • Parcel Number: 700-01570-007

Tax Info

  • Annual Taxes: 1371.8
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2025
Closed on
Jun 30, 2025
Sold by
Lathan Carroll W
Bought by
Wibbelsman Cole and Wibbelsman Kasey
Seller's Agent
Eric Shepherd
Alliance Property Group
Buyer's Agent
Eric Shepherd
Alliance Property Group
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
1
Current Estimated Value
$236,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,929
Avg. Annual Appreciation
-13.67%
Original Mortgage
$200,000
Outstanding Balance
$199,662
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$36,409

Purchase Details

Closed on
Aug 10, 2023
Sold by
Lathan Carroll W
Bought by
Lathan Carroll W and Lathan Tyler James

Purchase Details

Closed on
Jan 11, 2023
Sold by
Lathan Deborah S
Bought by
Lathan Carroll W

Purchase Details

Closed on
Aug 26, 2002
Bought by
Lathan

Purchase Details

Closed on
Dec 1, 1993
Bought by
Buford

Purchase Details

Closed on
Sep 1, 1991
Bought by
Finley

Purchase Details

Closed on
Oct 1, 1988
Bought by
Henry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wibbelsman Cole $250,000 Attorneys Title Group
Wibbelsman Cole $250,000 Attorneys Title Group
Lathan Carroll W -- None Listed On Document
Lathan Carroll W -- None Listed On Document
Lathan Carroll W -- None Listed On Document
Lathan $140,000 --
Buford $87,000 --
Finley $82,000 --
Henry $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wibbelsman Cole $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $250,000 -5.7% $146 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/31/2025 05/31/25 For Sale $265,000 -- $155 / 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 $1,676 $48,330 $11,000 $37,330
2024 $1,596 $35,470 $8,550 $26,920
2023 $1,171 $35,470 $8,550 $26,920
2022 $1,213 $35,470 $8,550 $26,920
2021 $1,141 $35,470 $8,550 $26,920
2020 $1,069 $32,090 $8,200 $23,890
2019 $1,069 $32,090 $8,200 $23,890
2018 $1,094 $32,090 $8,200 $23,890
2017 $1,094 $32,090 $8,200 $23,890
2015 -- $34,330 $8,200 $26,130
2014 -- $34,330 $8,200 $26,130
2012 -- $34,330 $8,200 $26,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25024601

Cooperative Arkansas REALTORS® MLS

APN: 700-01570-007