NOT LISTED FOR SALE

717 Lake Tree Ln Sherwood, AR 72120

Estimated Value: $281,000 - $300,043

3 Beds
2 Baths
1,898 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $201,500 $106 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,698/month

48 Days on Market

Highlights

  • Lake View
  • Traditional Architecture
  • Formal Dining Room
  • Community Lake
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of June 2020

Gorgeous home with updated appliances, HVAC system and water heater. Beautiful hardwood floors, rock back splash in kitchen & large bedrooms and huge master bedroom closet. Located on the back side of a quiet neighborhood across from Indian Head Lake. Must see!

Last Agent to Sell the Property

Connie Nutt

McKimmey Associates REALTORS NLR Listed on: 05/12/2020

McKimmey Associates REALTORS NLR

Last Buyer's Agent

Andrea Duncan

Southern Homes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 2001

Lot Details

  • 9,837 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

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

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Tray Ceiling
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Formal Dining Room
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Attic

  • Attic Floors
  • Attic Ventilator

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Built by Young Construction
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 22S0013504500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Guttering
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Indian Head
  • LVT Date: 05/12/2020
  • Road Surface: Paved
  • Street Designation: Lane
  • Termite Company: Mid State
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Zoning: Residentia
  • Estimated Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Eat-In Kitchen, Separate Dining Room
  • Fireplace: Woodburning-Prefab., Gas Starter, Gas Logs Present
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1898
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Gas, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Security System, Window Treatments, Floored Attic, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower, Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Tray Ceiling

Exterior Features

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

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

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

Condo/Co-op/Association

  • Amenities: Voluntary Fee

Schools

  • Junior High: Sylvan Hills

Lot Info

  • Estimated Lot Size: 0.23
  • Estimated Lot Size: 9837
  • Lot: Level, In Subdivision, Lake View
  • Geo Subdivision: AR
  • Parcel Number: 22S0013504500

Green Features

  • Energy Features: Attic Vent-Turbo, Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1874.04
  • Year: 2019

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
May 12, 2020
Closed on
Jun 29, 2020
Sold by
Wheeler Mark and Wheeler Amy
Bought by
Nicholson Tracy Yvette
Seller's Agent
Connie Nutt
McKimmey Associates REALTORS NLR
Buyer's Agent
Andrea Duncan
Southern Homes Realty
List Price
$199,500
Sold Price
$201,500
Premium/Discount to List
$2,000
1%
Current Estimated Value
$286,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,261
Avg. Annual Appreciation
6.82%
Original Mortgage
$206,134
Outstanding Balance
$182,318
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$104,443

Purchase Details

Closed on
Sep 22, 2003
Sold by
Parker Justin and Parker Ana
Bought by
Wheeler Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,025
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2001
Sold by
Jon Young Construction Inc
Bought by
Parker Justin and Parker Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2000
Sold by
Austin Lake Pointe Llc
Bought by
Jon Young 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
$124,800
Interest Rate
7.95%
Mortgage Type
Construction
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
Nicholson Tracy Yvette $201,500 Faulkner County Title
Wheeler Mark $170,000 Lenders Title Co
Parker Justin $150,000 Lenders Title Company
Jon Young Construction Inc $26,000 Lenders Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Tracy Yvette $206,134
Previous Owner Wheeler Mark $161,025
Previous Owner Parker Justin $127,400
Previous Owner Jon Young Construction Inc $124,800
Closed Jon Young Construction Inc $25,500
Closed Parker Justin $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $201,500 +1.0% $106 / Sq Ft
05/12/2020 05/12/20 For Sale $199,500 -- $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 $2,249 $44,031 $5,800 $38,231
2024 $2,062 $44,031 $5,800 $38,231
2023 $2,062 $44,031 $5,800 $38,231
2022 $2,198 $44,031 $5,800 $38,231
2021 $2,038 $35,970 $7,540 $28,430
2020 $1,660 $35,970 $7,540 $28,430
2019 $1,660 $35,970 $7,540 $28,430
2018 $1,685 $35,970 $7,540 $28,430
2017 $1,685 $35,970 $7,540 $28,430
2016 $1,950 $37,420 $6,000 $31,420
2015 $1,901 $37,420 $6,000 $31,420
2014 $1,901 $37,420 $6,000 $31,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20014572

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-35-045-00