NOT LISTED FOR SALE

8501 Colony Ln Fort Smith, AR 72908

Cavanaugh Neighborhood

Estimated Value: $193,561 - $220,000

3 Beds
2 Baths
1,555 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $125,000 $80 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,192/month

4 Days on Market

Highlights

  • Cathedral Ceiling
  • Covered Patio or Porch
  • Built-In Features
  • Beard Elementary School Rated A-
  • Attached Garage
  • Tile Countertops

About This Home

As of March 2020

Move-in ready, total electric 3 bedroom, 2 bath home located in Southwoods Addition! This home features a spacious family room complete with fireplace--perfect for all the family gatherings, formal dining room, a bonus room that can be used as a formal living room/office, and a covered patio in the fenced-in backyard--great for watching the kids and pets play!

Last Agent to Sell the Property

Amalie Grinnell

Keller Williams Platinum Realty License #SA00077905 Listed on: 02/21/2020

Keller Williams Platinum Realty

Last Buyer's Agent

Ramona Roberts

Inactive Agents Ft. Smith License #EB00007796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Stone

Interior Spaces

  • 1,555 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Beard Elementary School
  • Ramsey Middle School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Southwoods Add I Ii Iii Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 17451-0006-00000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup
  • ResoLotFeatures: Cleared, Subdivision
  • Co List Office Mls Id: F3630
  • ResoSpecialListingConditions: None
  • Subdivision Name: Southwoods Add I-Ii-Iii
  • Directions: From Casey's General Store on Jenny Lind Rd, head north toward Market Trace, then turn left onto Harvard Ave, then right onto Colony Ln. The home will be on the right.
  • Reso Flooring: Carpet, Ceramic Tile
  • Garage Yn: Yes
  • Reso Interior Features: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Split Bedrooms, Tile Counters
  • Unit Levels: One
  • Reso Roof: Architectural, Shingle
  • Reso Structure Type: House
  • ResoWindowFeatures: Blinds
  • Year Built: 1975
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard
  • Acres: 0.32
  • Construction Type: Frame, Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Concrete, Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Fort Smith
  • Ninth Grade High School: Southside
  • Middle Or Junior School: Ramsey

Lot Info

  • Lot Dimensions: .3181 Acres
  • Parcel #: 17451-0006-00000-00

Tax Info

  • Tax Annual Amount: 844.0
  • Tax Block: 0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Beard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 27, 2020
Sold by
Mickle Ashley and Mickle Lex
Bought by
Gilbreath Christopher Drake
Seller's Agent
Amalie Grinnell
Keller Williams Platinum Realty
Buyer's Agent
Ramona Roberts
Inactive Agents Ft. Smith
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%
Current Estimated Value
$204,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,140
Avg. Annual Appreciation
8.26%
Original Mortgage
$100,000
Outstanding Balance
$89,542
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$103,253

Purchase Details

Listed on
Oct 31, 2012
Closed on
Feb 5, 2013
Sold by
Oshaughnessy Kip and Oshaughnessy Kathy L
Bought by
Riley Ashley
Seller's Agent
Clif Warnock
Warnock Real Estate LLC
Buyer's Agent
Ken Wintory
Bradford & Udouj Realtors
List Price
$119,900
Sold Price
$116,900
Premium/Discount to List
-$3,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%
Original Mortgage
$111,055
Interest Rate
3.39%
Mortgage Type
New Conventional
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
Gilbreath Christopher Drake $125,000 Waco Title Co Fort Smith
Riley Ashley $117,000 Mosley Abstract Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbreath Christopher Drake $100,000
Previous Owner Riley Ashley $111,055
Previous Owner Oshaughnessy Kip $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $125,000 -3.5% $80 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $129,500 +10.8% $83 / Sq Ft
02/05/2013 02/05/13 Sold $116,900 -2.5% $75 / Sq Ft
01/06/2013 01/06/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $119,900 -- $77 / Sq Ft
Source: Western River Valley Board of REALTORS®

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
2024 $1,255 $23,910 $5,400 $18,510
2023 $963 $23,910 $5,400 $18,510
2022 $1,013 $23,910 $5,400 $18,510
2021 $1,013 $23,910 $5,400 $18,510
2020 $879 $23,910 $5,400 $18,510
2019 $819 $20,570 $5,400 $15,170
2018 $844 $20,570 $5,400 $15,170
2017 $730 $20,570 $5,400 $15,170
2016 $1,080 $20,570 $5,400 $15,170
2015 $730 $20,570 $5,400 $15,170
2014 $693 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amalie Grinnell

    Keller Williams Platinum Realty

    (479) 926-6759

    10 in this area

    262 Total Sales

    Amalie Grinnell
    Section Image

  • R

    Buyer's Agent in 2020

    Ramona Roberts

    Inactive Agents Ft. Smith

  • Clif Warnock

    Seller's Agent in 2013

    Clif Warnock

    Warnock Real Estate LLC

    (479) 459-8408

    1 in this area

    64 Total Sales

    Clif Warnock
    Section Image
  • Ken Wintory

    Buyer's Agent in 2013

    Ken Wintory

    Bradford & Udouj Realtors

    (479) 648-8000

    3 in this area

    38 Total Sales

    Ken Wintory
    Section Image
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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1031647

APN: 17451-0006-00000-00

Arkansas Sebastian County Fort Smith 72908 Cavanaugh

8501 Colony Ln, Fort Smith, AR

This home is located at 8501 Colony Ln, Fort Smith, AR 72908 since 21 February 2020 and is currently estimated at $204,140, approximately $131 per square foot. This property was built in 1975. 8501 Colony Ln is a home located in Sebastian County with nearby schools including Beard Elementary School, Ramsey Junior High School, and Southside High School.

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