NOT LISTED FOR SALE

7120 Gap Meadows Dr Sherwood, AR 72120

Estimated Value: $282,078 - $298,000

3 Beds
2 Baths
1,921 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $256,500 $134 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,714/month

36 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Walk-In Closet
  • Traditional Architecture
  • Breakfast Room
  • Patio

About This Home

As of May 2023

Dont miss out on this one. Corner lot with all the extras.Big back yard with wood privacy fence good for entertaining.Open floor plan,gas fireplace,tile and carpet flooring.Acress to walking trail to both parks.Must see.

Last Agent to Sell the Property

Donna Higgins

Keller Williams Realty Listed on: 03/30/2023

Keller Williams Realty

Last Buyer's Agent

Randy Sumbles

The Sumbles Team Keller Williams Realty

The Sumbles Team Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,897

Year Built

  • Built in 2001

Lot Details

  • 0.27 Acre Lot
  • Dog Run
  • Vinyl Fence
  • Wood Fence
  • Level Lot

Home Design

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

Interior Spaces

  • 1,921 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Low Emissivity Windows
  • Insulated Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Clinton Elementary School
  • Sylvan Hills Middle School
  • Sylvan Hills High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Satellite Dish

Community Details

  • On-Site Maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,897

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Deck, Fully Fenced, Dog Run, Pvc Fence, Wood Fence
  • LVT Date: 03/30/2023
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 2001
  • Internet Type: Internet-Cable, Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Separate Breakfast Rm, Separate Dining Room
  • Fireplace: Gas Starter
  • Bedrooms: All Bedrooms Down
  • Estimated Sq Ft: 1921
  • Bedrooms: 3
  • Floors: Tile, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Wood Shingle

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

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

Condo/Co-op/Association

  • Condo Association Fee: Grounds, Garbage, Water/Sewer

Schools

  • Junior High: Sylvan Hills

Lot Info

  • Estimated Lot Size: 0.27
  • Estimated Lot Size: 027
  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows
  • Green Features: Low-E Windows

Tax Info

  • Annual Taxes: 1897.28

MLS Schools

  • Elementary School: Clinton
  • HighSchool: Sylvan Hills
  • Middle School: Sylvan Hills Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 5, 2023
Sold by
French George E and French Shawn
Bought by
Young Kristie
Seller's Agent
Donna Higgins
Keller Williams Realty
Buyer's Agent
Randy Sumbles
The Sumbles Team Keller Williams Realty
List Price
$259,000
Sold Price
$256,500
Premium/Discount to List
-$2,500
-0.97%
Views
78
Current Estimated Value
$288,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,020
Avg. Annual Appreciation
4.76%
Original Mortgage
$251,853
Outstanding Balance
$244,487
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$44,033

Purchase Details

Closed on
Feb 3, 2006
Sold by
Welch Ted E and Welch Lori A
Bought by
French Brenda Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,627
Interest Rate
6.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2003
Sold by
Livelsberger Mark A
Bought by
Welch Ted E and Welch Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,220
Interest Rate
6.1%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 2001
Sold by
Gunter Custom Built Homes Llc
Bought by
Livelsberger Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,650
Interest Rate
7.16%
Mortgage Type
VA
Source: Public Records

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
Young Kristie $256,500 Lenders Title Company
French Brenda Joyce $175,000 Lenders Title Co
Welch Ted E $161,000 Lenders Title Co
Livelsberger Mark A $155,000 Lenders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Kristie $251,853
Previous Owner French Brenda Joyce $173,627
Previous Owner Welch Ted E $164,220
Previous Owner Livelsberger Mark A $159,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2023 05/09/23 Pending -- -- --
05/05/2023 05/05/23 Sold $256,500 -1.0% $134 / Sq Ft
03/30/2023 03/30/23 For Sale $259,000 -- $135 / 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 $2,310 $44,334 $6,000 $38,334
2024 $2,005 $44,334 $6,000 $38,334
2023 $2,005 $44,334 $6,000 $38,334
2022 $2,148 $44,334 $6,000 $38,334
2021 $1,897 $33,460 $6,960 $26,500
2020 $1,895 $33,460 $6,960 $26,500
2019 $1,895 $33,460 $6,960 $26,500
2018 $1,895 $33,460 $6,960 $26,500
2017 $1,545 $33,460 $6,960 $26,500
2016 $1,615 $34,800 $7,800 $27,000
2015 $1,768 $34,800 $7,800 $27,000
2014 $1,768 $34,800 $7,800 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23009282

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-48-078-00