NOT LISTED FOR SALE

807 Indian Bay Dr Sherwood, AR 72120

Estimated Value: $343,000 - $368,355

4 Beds
2.5 Baths
2,303 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $325,000 $141 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,107/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Great Room
  • Wood Flooring
  • Bonus Room
  • Home Office

About This Home

As of September 2023

807 Indian Bay Drive is move-in ready & has a BACKYARD RETREAT waiting just for YOU! This 4 bedroom, 2.5 bath, brick home has 10-foot ceilings in the main living area & comes with a NEW roof, carpet, paint, garage access door & French doors. The primary suite has a tray ceiling & ensuite with separate his & her vanities, closets, & dual heads in the tiled shower. Two guest bedrooms are tucked away from the primary on the main level & have a shared bathroom between them. Relax and feel yourself unwind as soon as you see the rock waterfall, beautiful wooden gazebo (with wired-in electricity) & fire pit on the enlarged concrete patio. If that weren't enough, just up the stairs is LARGE bonus room that can be used for another bedroom, office, game room or for your favorite hobby! The attic area has floored space to make storage access a breeze. The garage has a workspace area & extra storage also! Additionally, sellers added more driveway for additional parking, extra storage in the laundry area and newer garage door. This area is highly desired by many homeowners due to the beautiful walking trails & parks along with quick & easy access to the freeway. AGENTS: PLEASE see remarks.

Last Agent to Sell the Property

Veolette Pennington

RE/MAX Homefinders Listed on: 07/10/2023

RE/MAX Homefinders

Last Buyer's Agent

Veolette Pennington

RE/MAX Homefinders Listed on: 07/10/2023

RE/MAX Homefinders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,485

Year Built

  • Built in 2009

Lot Details

  • 0.26 Acre Lot
  • Wood Fence
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,303 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite

Outdoor Features

  • Patio
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Filtration System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,485

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Outside Storage Area, Gazebo, Wood Fence
  • LVT Date: 07/12/2023
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Dining Room: Separate Dining Room, Eat-In Kitchen, Breakfast Bar
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, Primary Bedroom Apart, Guest Bedroom Apart
  • Estimated Sq Ft: 2303
  • Bedrooms: 4
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen Equip: Microwave, Gas Range, Dishwasher, Disposal, Pantry, Water Filter
  • Other Rooms: Great Room, Office/Study, Game Room, Bonus Room, Laundry
  • Stories: 1.5 Story

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

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

Lot Info

  • Estimated Lot Size: 0.26
  • Estimated Lot Size: 83X148X84X137
  • Lot: Sloped
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 2484.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 15, 2023
Sold by
Rushin Steven Allen and Rushin Sherri Dawn
Bought by
Mcmahan Erika
Seller's Agent
Veolette Pennington
RE/MAX Homefinders
Buyer's Agent
Veolette Pennington
RE/MAX Homefinders
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
259
Current Estimated Value
$352,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,339
Avg. Annual Appreciation
3.79%
Original Mortgage
$260,000
Outstanding Balance
$254,486
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$97,853

Purchase Details

Closed on
Jul 28, 2015
Sold by
Mitchell Michael P
Bought by
Rushin Steven Allen and Rushin Sherri Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,491
Interest Rate
4.06%
Mortgage Type
VA

Purchase Details

Closed on
Oct 8, 2009
Sold by
Shoaf David M
Bought by
Mitchell Michael P and Mitchell Sherri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,797
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2007
Sold by
Metropolitan Realty & Development Llc
Bought by
Shoaf David M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcmahan Erika $325,000 Beach Abstract & Guaranty
Rushin Steven Allen -- American Abstract & Title Co
Mitchell Michael P $232,000 Multiple
Shoaf David M $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahan Erika $260,000
Previous Owner Rushin Steven Allen $234,491
Previous Owner Mitchell Michael P $227,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $325,000 0.0% $141 / Sq Ft
08/15/2023 08/15/23 Price Changed $325,000 -3.0% $141 / Sq Ft
08/11/2023 08/11/23 Price Changed $335,000 -1.5% $145 / Sq Ft
08/04/2023 08/04/23 Price Changed $340,000 -1.4% $148 / Sq Ft
07/19/2023 07/19/23 Price Changed $345,000 -1.4% $150 / Sq Ft
07/10/2023 07/10/23 For Sale $350,000 -- $152 / 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 $3,051 $58,568 $10,400 $48,168
2024 $2,702 $58,568 $10,400 $48,168
2023 $2,702 $58,568 $10,400 $48,168
2022 $2,860 $58,568 $10,400 $48,168
2021 $2,666 $47,140 $9,400 $37,740
2020 $2,284 $47,140 $9,400 $37,740
2019 $2,284 $47,140 $9,400 $37,740
2018 $2,309 $47,140 $9,400 $37,740
2017 $2,309 $47,140 $9,400 $37,740
2016 $2,573 $49,380 $8,400 $40,980
2015 $2,509 $49,380 $8,400 $40,980
2014 $2,509 $49,380 $8,400 $40,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23021289

Cooperative Arkansas REALTORS® MLS

APN: 22S-001-56-702-00