NOT LISTED FOR SALE

902 Bobbitt Ln Sherwood, AR 72120

Gravel Ridge Neighborhood

Estimated Value: $134,000 - $182,000

2 Beds
1 Bath
1,419 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $72,000 $51 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $998/month

94 Days on Market

Highlights

  • 0.89 Acre Lot
  • Wood Flooring
  • Corner Lot
  • A-Frame Home
  • Sun or Florida Room
  • Eat-In Kitchen

About This Home

As of November 2018

Price dropped!! Beautiful property close to everything!! Almost ONE acre on LEVEL, CORNER lot!!! NEW ROOF!! There's even a large sep. bldg. complete w/ electricity & garage door! Perfect for a work/hobby shop! Plenty of space in this 2 Bed,1 bath!! Lg. LR & bedrooms! Orig. wood floors in living area. Fresh paint throughout. Enjoy morning coffee in the enclosed back porch that overlooks the back yard! Covered carport & ex. parking for your R.V. or trailer! Sq. Ft. Approx. Agents see remarks.

Last Agent to Sell the Property

Kimberly Guyor

Michele Phillips & Co. REALTORS Listed on: 08/07/2018

Last Buyer's Agent

Hunter Ray

Ultra Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1964

Lot Details

  • 0.89 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • Carport

Home Design

  • A-Frame Home
  • Architectural Shingle Roof

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Fan
  • Attic Ventilator

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$842

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Residential
  • Style: A-Frame
  • Ext Features: Patio, Fully Fenced, Outside Storage Area, Shop, Chain Link
  • Inside City Limits: Yes
  • LVT Date: 08/07/2018
  • Price Per Sq Ft: 50.74
  • Road Surface: Paved
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Dining Room: Eat-In Kitchen
  • Bedrooms: 2 Bedrooms Same Level
  • Estimated Sq Ft: 1419
  • Bedrooms: 2
  • Floors: Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas
  • Kitchen Equip: Built-In Stove, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Sun Room
  • Stories: One Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: 3 Tab Shingles

Garage/Parking

  • Parking: Carport

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heat Air: Central Cool-Electric, Attic Fan, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.89
  • Estimated Lot Size: 38,768
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Green Features

  • Energy Features: Attic Vent-Electric

Tax Info

  • Annual Taxes: 841.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Melton Jeffery L and Melton Christa R
Bought by
Melton Kyle J
Current Estimated Value
$164,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,700
Outstanding Balance
$92,605
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$71,950

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 9, 2018
Sold by
Faulkner Tursa
Bought by
Melton Jeffery L and Melton Christa R
Seller's Agent
Kimberly Guyor
Michele Phillips & Co. REALTORS
Buyer's Agent
Hunter Ray
Ultra Properties
List Price
$96,500
Sold Price
$72,000
Premium/Discount to List
-$24,500
-25.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Apr 17, 2008
Sold by
Davenport James David
Bought by
Faulkner Tursa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2008
Sold by
Mckey Beth Davenport and Mckey Luke K
Bought by
Davenport James David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2008
Sold by
Davenport Amy K
Bought by
Davenport James David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2008
Sold by
Davenport Matthew T
Bought by
Davenport James David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2001
Sold by
Hodge Thomas O and Hodge Nancy
Bought by
Davenport James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
6.52%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Nickel Johnnie D
Bought by
Hodge Thomas O and Hodge Nancy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,525
Interest Rate
7.83%
Mortgage Type
VA
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
Melton Kyle J $130,000 None Available
Melton Jeffery L $72,000 American Abstract & Title Co
Faulkner Tursa $83,000 Realty Title
Davenport James David -- Realty Title
Davenport James David -- Realty Title
Davenport James David -- Realty Title
Davenport James David -- Realty Title
Davenport James D $78,000 Stewart Title
Hodge Thomas O $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Kyle J $101,700
Previous Owner Faulkner Tursa $81,707
Previous Owner Davenport James D $62,400
Previous Owner Hodge Thomas O $69,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $72,000 -8.3% $51 / Sq Ft
10/21/2018 10/21/18 Price Changed $78,500 -14.2% $55 / Sq Ft
09/11/2018 09/11/18 Price Changed $91,500 -5.2% $64 / Sq Ft
08/07/2018 08/07/18 For Sale $96,500 -- $68 / 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
2023 $1,192 $22,882 $2,314 $20,568
2022 $1,320 $22,882 $2,314 $20,568
2021 $930 $16,160 $1,340 $14,820
2020 $842 $16,160 $1,340 $14,820
2019 $930 $16,160 $1,340 $14,820
2018 $924 $16,160 $1,340 $14,820
2017 $924 $16,160 $1,340 $14,820
2016 $950 $16,660 $1,510 $15,150
2015 $846 $16,660 $1,510 $15,150
2014 $846 $16,660 $1,510 $15,150
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Guyor

    Seller's Agent in 2018

    Kimberly Guyor

    Michele Phillips & Co. REALTORS

    (501) 831-0511

    91 Total Sales

    Section Image
  • Hunter Ray

    Buyer's Agent in 2018

    Hunter Ray

    Ultra Properties

    (501) 915-2838

    2 in this area

    163 Total Sales

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18025278

Cooperative Arkansas REALTORS® MLS

APN: 22S-021-31-023-00

Arkansas Pulaski County Sherwood 72120 Gravel Ridge

902 Bobbitt Ln, Sherwood, AR

This home is located at 902 Bobbitt Ln, Sherwood, AR 72120 since 07 August 2018 and is currently estimated at $159,259, approximately $112 per square foot. This property was built in 1964. 902 Bobbitt Ln is a home located in Pulaski County with nearby schools including Cato Elementary School, Sylvan Hills Middle School, and Sylvan Hills High School.

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.

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