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201 Reeves Road

201 Reeves Road, Sherwood, AR 72120
Property in Pulaski
Sold Aug 25, 2020
$112,000
$95,200 by Eagle Bank & Trust Company
Mortgage Due Sep 01, 2050
Sold Apr 21, 2020
$97,500
$73,125 by Regions Bank
Mortgage Due May 01, 2050
201 Reeves Road has been categorized by the local assessors in Sherwood, AR as a residential type of property. The building on the property was first built in 1960 and is 64 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 201 Reeves Road has 1,522 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,019 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 187 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 201 Reeves Road sold most recently in Aug 21, 2020 for a total of $112,000. If you work out the math, that's approximately a cost of $73.59 per sqft. Before that, the property was also sold for $97,500 in Apr 14, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $932 in taxes each year. 201 Reeves Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,887. If we break it down further, the land itself was valued at $2,175. Improvements to the property, however, were assessed at a total of $15,712. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 187
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REYNOLDS 2ND SUB
  • Land Acres: 0.23
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: REYNOLDS 2ND SUB OF SYLVAN HILLS W75.3 OF 1

Ownership

  • Current Owner : ALLEN JARROD AUSTIN
  • Previous Owner : ALLEN STEPHEN R
  • Previous Owner 2: ALLEN EMILY
  • Owner Before Previous Owner: HUNTER CHARLES D
  • Owner Before Previous Owner 2: HUNTER KATIE J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pulaski County Special School District
  • School Tax School District: PULASKI COUNTY
  • Census Tract: 003713

Geography

  • Parcel: 32S-002-00-002-00
  • Lot: 1
  • Meridian: SEC 31 TWN 03N RNG 11W
  • Municipality: SHERWOOD
  • Latitude: 34.8461
  • Longitude: -92.232

    Address

  • Full Address: 201 Reeves Rd
  • Address - House Number: 201
  • Address - Street Name: Reeves
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Sherwood
  • Carrier Code: C006
  • 4-Digit Zip Code: 2307
  • Zip Code: 72120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 93,631
  • High Value: 105,806
  • Low Value: 81,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,200
  • First Open Lien Mortgage Lender: EAGLE BANK & TRUST COMPANY
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Loan Amount: $95,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $89,435
  • Market Land Value: $10,875
  • Market Improvement Value: $78,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,887
  • Assessed Land Value: $2,175
  • Assessed Improvements Value: $15,712

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Transaction ID: 11784762185
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020054592
  • Previous Sale Recording Date: Apr 21, 2020
  • Previous Sale Contract Date: Apr 14, 2020
  • Previous Sale Amount: $97,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE BANK & TRUST COMPANY
  • First Mortgage Transaction Date: Aug 25, 2020
  • First Mortgage Loan Amount: $95,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Apr 21, 2020
  • Previous Mortgage Loan Amount: $73,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2050

About Sherwood



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Frequently Asked Questions

What neighborhood is 201 Reeves Road located in?
The 201 Reeves Road is a located in the neighborhood of Pulaski in Sherwood, Sherwood.
What is the average sales price for listings in 201 Reeves Road?
The average sales price for units in 201 Reeves Road is $0 currently.

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