NOT LISTED FOR SALE

502 Hemphill Rd Sherwood, AR 72120

Estimated Value: $158,967 - $182,000

3 Beds
2 Baths
1,291 Sq Ft
$131/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $115,000 $89 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,021/month

105 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Tile Flooring
  • Formal Dining Room
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2015

Very Cute Sherwood home! This 3 bedroom, 2 bath home has been completely UPDATED. Kitchen with granite counter tops, tile back splash, gas range and pantry. Open living room and dining area. Both bathrooms with new vanities, fixtures and tile. Very large laundry/mud room with lots of shelves. 2 in. blinds throughout and neutral colors. Very nice fenced in yard with patio and workshop. One car carport, new roof in 2009. A must see!

Last Agent to Sell the Property

Kerry Dare

Crye-Leike REALTORS NLR Branch Listed on: 11/21/2014

Crye-Leike REALTORS NLR Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1985

Lot Details

  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$703

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Fully Fenced, Shop, Wood Fence
  • Inside City Limits: Yes
  • Price Per Sq Ft: 89.08
  • Road Surface: Paved
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Dining Room: Separate Dining Room, Living/Dining Combo
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1291
  • Bedrooms: 3
  • Floors: Carpet, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Smoke Detector(s), Ceiling Fan(s)
  • Kitchen Equip: Gas Range, Dishwasher, Disposal, Pantry, Ice Maker Connection
  • Other Rooms: Laundry
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Carport, One Car

Utilities

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

Lot Info

  • Lot: Level, In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 702.6
  • Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Gibbs Tyler M and Gibbs Haley
Bought by
Gibbs Tyler M and Gibbs Haley
Current Estimated Value
$168,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Outstanding Balance
$95,156
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,304

Purchase Details

Listed on
Nov 21, 2014
Closed on
Apr 10, 2015
Sold by
Hickman Larry M
Bought by
Gibbs Tyler M
Seller's Agent
Kerry Dare
Crye-Leike REALTORS NLR Branch
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$115,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Federal National Mortgage Association
Bought by
Hickman Larry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Hynes Shawn A and Hynes Shawn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 12, 2007
Sold by
Wade Derrick K
Bought by
Hynes Shawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 16, 1997
Sold by
Alford Jim D and Alford Kelli
Bought by
Wade Derrick K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,300
Interest Rate
7.82%
Mortgage Type
FHA
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
Gibbs Tyler M -- National Title & Escrow Llc
Gibbs Tyler M $115,000 None Available
Hickman Larry M -- None Available
Federal National Mortgage Association $102,133 None Available
Hynes Shawn A $110,000 Transcontinental Title Co
Wade Derrick K -- First Security Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Tyler M $102,800
Closed Gibbs Tyler M $115,000
Previous Owner Hickman Larry M $67,500
Previous Owner Hynes Shawn A $110,000
Previous Owner Wade Derrick K $16,153
Previous Owner Wade Derrick K $46,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $115,000 -4.1% $89 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $119,900 -- $93 / 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 $1,201 $26,450 $3,200 $23,250
2022 $1,248 $26,450 $3,200 $23,250
2021 $1,153 $20,050 $3,300 $16,750
2020 $1,147 $20,050 $3,300 $16,750
2019 $1,147 $20,050 $3,300 $16,750
2018 $1,147 $20,050 $3,300 $16,750
2017 $1,138 $20,050 $3,300 $16,750
2016 $1,077 $18,890 $3,200 $15,690
2015 $960 $18,890 $3,200 $15,690
2014 $960 $18,890 $3,200 $15,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10406233

Cooperative Arkansas REALTORS® MLS

APN: 23S-012-00-028-00