NOT LISTED FOR SALE

7040 E Ridge Dr Sherwood, AR 72120

Estimated Value: $311,000 - $327,000

4 Beds
2 Baths
2,035 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $215,000 $106 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,904/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Tray Ceiling
  • Wood Flooring
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of August 2016

Impeccable all brick home in desirable Gap Creek neighborhood. This one has a lot of custom features throughout such as detailed moldings, tray ceilings, and tons of storage. Open eat in kitchen with granite, ss appliances, 2 pantries, & breakfast bar. Living room with gas fireplace & surround sound speakers. Split bedroom plan with large master, master bath has his/her walk in closets, tub, shower, & dbl vanity. Great closet space in other 3 bedrooms. Covered patio & fully fenced yard.

Last Agent to Sell the Property

Bob Bushmiaer

Janet Jones Company Listed on: 04/27/2016

Janet Jones Company

Last Buyer's Agent

Kerry Ellison

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 2005

Lot Details

  • 8,798 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,035 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Formal Dining Room
  • Attic Floors

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Energy-Efficient Insulation
  • Patio

Community Details

Overview

  • Other Mandatory Fees

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,293

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: 04/27/2016
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • 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 Logs Present
  • Bedrooms: 4 Bedrooms Same Level, Primary Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 2035
  • Bedrooms: 4
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Exclusions (see Remarks), Ceiling Fan(s), Breakfast Bar
  • Kitchen Equip: Built-In Stove, Microwave, Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Two Car

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Size: 8,798 sf
  • Lot: Level, Extra Landscaping, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Extra Insulation, Insulated Doors, Insulated Windows, Ridge Vents/Caps

Tax Info

  • Annual Taxes: 2293.44
  • Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Aug 10, 2016
Sold by
Macfarlane Matthew and Macfarlane Anna
Bought by
Franklin Benjamin E and Hepler Rebecca J
Seller's Agent
Bob Bushmiaer
Janet Jones Company
Buyer's Agent
Kerry Ellison
Keller Williams Realty
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%
Current Estimated Value
$318,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,070
Avg. Annual Appreciation
4.32%
Original Mortgage
$197,931
Outstanding Balance
$157,568
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$160,502

Purchase Details

Closed on
Jan 31, 2014
Sold by
Wheeler Terence and Wheeler Donna Elizabeth
Bought by
Macfarlane Matthew and Macfarlane Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2008
Sold by
Jackson Scott Allan and Jackson Stephanie K
Bought by
Wheeler Terence and Wheeler Donna Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,925
Interest Rate
6.19%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2004
Sold by
Metropolitan Realty & Development Llc
Bought by
Jim Buck Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 2004
Sold by
Jim Buck Construction Inc
Bought by
Jackson Scott Allan and Jackson Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Franklin Benjamin E $215,000 First National Title Company
Macfarlane Matthew $210,000 American Abstract & Title Co
Wheeler Terence $215,000 American Abstract & Title Co
Jim Buck Construction Inc $36,000 --
Jackson Scott Allan $219,000 United Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Benjamin E $197,931
Previous Owner Macfarlane Matthew $168,000
Previous Owner Wheeler Terence $197,925
Previous Owner Jim Buck Construction Inc $182,000
Previous Owner Jackson Scott Allan $175,200
Closed Jackson Scott Allan $32,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2016 08/09/16 Sold $215,000 -4.4% $106 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $224,900 -- $111 / 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 $2,484 $52,450 $9,800 $42,650
2024 $2,276 $52,450 $9,800 $42,650
2023 $2,276 $52,450 $9,800 $42,650
2022 $2,426 $52,450 $9,800 $42,650
2021 $2,250 $39,710 $7,900 $31,810
2020 $2,069 $39,710 $7,900 $31,810
2019 $1,875 $39,710 $7,900 $31,810
2018 $1,900 $39,710 $7,900 $31,810
2017 $1,900 $39,710 $7,900 $31,810
2016 $2,124 $44,020 $8,200 $35,820
2015 $2,236 $44,020 $8,200 $35,820
2014 $2,236 $44,020 $8,200 $35,820
Source: Public Records

Agents Affiliated with this Home

  • Bob Bushmiaer

    Seller's Agent in 2016

    Bob Bushmiaer

    Janet Jones Company

    (501) 352-0156

    143 Total Sales

    Bob Bushmiaer
    Section Image
  • Kerry Ellison

    Buyer's Agent in 2016

    Kerry Ellison

    Keller Williams Realty

    (501) 725-1227

    16 in this area

    544 Total Sales

    Kerry Ellison
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16012368

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-47-085-00

Arkansas Pulaski County Sherwood 72120

7040 E Ridge Dr, Sherwood, AR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes