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447 Chimney Rock Drive

447 Chimney Rock Drive, Sherwood, AR 72120
Property in Pulaski
Sold Feb 22, 2017
$525,000
$420,000 by Iberiabank
Mortgage Due Mar 01, 2047
Sold Nov 01, 2005
$765,000
$300,000 by Regions Mortgage
Mortgage Due Oct 01, 2020
447 Chimney Rock Drive in Sherwood, AR was first built in 1989 and is 35 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 447 Chimney Rock Drive has 5,532 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 24,394 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 8 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 447 Chimney Rock Drive sold most recently in Feb 16, 2017 for a total of $525,000. If you work out the math, that's approximately a cost of $86.95 per sqft. Before that, the property was also sold for $765,000 in Sep 30, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,227 in taxes each year. 447 Chimney Rock Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $124,791. If we break it down further, the land itself was valued at $16,800. Improvements to the property, however, were assessed at a total of $107,991. 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.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: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 240
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 8
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 6,038
  • Gross Building Area: 6,038
  • Building Area: 5,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHIMNEY ROCK ADDN (SHERWOOD)
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PETERSON CARL O
  • Current Owner 2: PETERSON MARY L
  • Previous Owner : LAMBERT ROBERT A
  • Previous Owner 2: LAMBERT TONYA SHIREY
  • Owner Before Previous Owner: FORD JASON E
  • Owner Before Previous Owner 2: FORD GINGER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: North Little Rock School District
  • School Tax School District: N LITTLE ROCK
  • Census Tract: 003703

Geography

  • Parcel: 23S-003-27-043-00
  • Block: 3
  • Lot: 13
  • Meridian: SEC 18 TWN 02N RNG 11W
  • Municipality: NORTH LITTLE ROCK
  • Latitude: 34.8078
  • Longitude: -92.2289

    Address

  • Full Address: 447 Chimney Rock Dr
  • Address - House Number: 447
  • Address - Street Name: Chimney Rock
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Sherwood
  • Carrier Code: C033
  • 4-Digit Zip Code: 5847
  • Zip Code: 72120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,227
  • Tax Rate Code Area: 014

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 692,372
  • High Value: 851,785
  • Low Value: 532,958

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Feb 22, 2017
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Mar 01, 2047

    Market Valuation

  • Market Total Value: $623,955
  • Market Land Value: $84,000
  • Market Improvement Value: $539,955

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,791
  • Assessed Land Value: $16,800
  • Assessed Improvements Value: $107,991

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2017
  • Current Sale Recording Date: Feb 22, 2017
  • Current Sale Transaction ID: 1972111204
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017011737
  • Previous Sale Recording Date: Nov 01, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Nov 01, 2005
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2020

About Sherwood



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Frequently Asked Questions

What neighborhood is 447 Chimney Rock Drive located in?
The 447 Chimney Rock Drive is a located in the neighborhood of Pulaski in Sherwood, Sherwood.
What is the average sales price for listings in 447 Chimney Rock Drive?
The average sales price for units in 447 Chimney Rock Drive is $0 currently.

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