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308 Cherrie Avenue

308 Cherrie Avenue, Sherwood, AR 72120
Multifamily in Pulaski
1 Units For Sale
Unit for sale at 308-316 Cherrie Avenue, Sherwood, AR 72120

$140,000 ↓ $10K

  • Studio
  • 3,300 ft²
308-316 Cherrie Avenue, Sherwood, AR 72120 Listing by Jeffrey Johnston

308 Cherrie Avenue 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 1985 and is 39 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 308 Cherrie Avenue has 2,432 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 19,602 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home 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. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. The building has a flat style roof made of metal. The exterior walls of the building are made of masonry. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit. 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, 308 Cherrie Avenue sold most recently in Jul 21, 2023 for a total of $460,000. If you work out the math, that's approximately a cost of $189.14 per sqft. Before that, the property was also sold for $125,000 in Jul 21, 2023. 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 $250 in taxes each year. 308 Cherrie Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,789. If we break it down further, the land itself was valued at $1,170. Improvements to the property, however, were assessed at a total of $3,619. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Metal Exterior
Vinyl Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220408
04/08/2022
Studio
6 Bath
3300 ft²
$155,900
bedrooms
Studio
bathrooms
6 Bath
square feet
3300 ft²
-
-
-
Jeffrey Johnston
Danali Real Estate

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Masonry
  • Building Style: Mobile home
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 2,432
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.45
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: PT NW NW BEG SW COR 225E TO POB N140 E141 4 S140 W141 4 TO POB 4-2N-11W

Ownership

  • Current Owner : LYDIA LANE LLC
  • Previous Owner : KEISHA PROPERTIES LLC
  • Owner Before Previous Owner: JJ AND J OF ARKANSAS INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pulaski County Special School District
  • School Tax School District: PULASKI COUNTY
  • Census Tract: 003711

Geography

  • Parcel: 23S-003-00-001-26
  • Meridian: SEC 04 TWN 02N RNG 11W
  • Municipality: SHERWOOD
  • Latitude: 34.8361
  • Longitude: -92.1965

    Address

  • Full Address: 308 Cherrie Ave
  • Address - House Number: 308
  • Address - Street Name: Cherrie
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Sherwood
  • Carrier Code: C026
  • 4-Digit Zip Code: 3333
  • Zip Code: 72120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 234,849
  • High Value: 290,099
  • Low Value: 179,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: CENTRAL BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 21, 2026

    Market Valuation

  • Market Total Value: $23,945
  • Market Land Value: $5,850
  • Market Improvement Value: $18,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,789
  • Assessed Land Value: $1,170
  • Assessed Improvements Value: $3,619

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Transaction ID: 11910564053
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40550
  • Previous Sale Recording Date: Aug 03, 2023
  • Previous Sale Contract Date: Jul 21, 2023
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BANK
  • First Mortgage Transaction Date: Aug 03, 2023
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 21, 2026

About Sherwood



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Frequently Asked Questions

What neighborhood is 308 Cherrie Avenue located in?
The 308 Cherrie Avenue is a multifamily located in the neighborhood of Pulaski in Sherwood, Sherwood.
How many listings are currently for sale in 308 Cherrie Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 308 Cherrie Avenue?
The average sales price for units in 308 Cherrie Avenue is $140,000 , or $42/sqft. currently.

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