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56 Sherwood Loop

56 Sherwood Loop, Searcy, AR 72143
House in White
Sold Dec 21, 2021
$135,500
$95,500 by First Community Bank
Mortgage Due Dec 21, 2024
Sold Dec 08, 2021
$47,500
Local assessors in Searcy, AR have categorized 56 Sherwood Loop as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 7,948 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 56 Sherwood Loop has a total of 1,350 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of shingle (not wood). Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 21, 2021 for $135,500. That's $100.37 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2021 for $47,500. 56 Sherwood Loop was last assessed in 2023. The total value of the property was assessed at $21,150. Specifically, the land the property is located on was valued at $6,600. While improvements on the property were assessed at a total of $14,550. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $859. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Metal Exterior
Vinyl Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,948
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDARIDGE S/D I & II
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ---

Ownership

  • Current Owner : A & A JASSO INVESTMENTS LLC
  • Previous Owner : TOLLE KATELYN R
  • Owner Before Previous Owner: SCOTT GARY
  • Owner Before Previous Owner 2: ESTATE OF HERMAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Searcy School District
  • School Tax School District: SEARCY SPECIAL
  • School Tax District Code 2: SEARCY
  • Census Tract: 070401

Geography

  • District: 016
  • Parcel: 016-00609-022
  • Lot: 42
  • Meridian: SEC 08 TWN 07 RNG 07
  • Municipality: SEARCY CITY
  • Latitude: 35.252
  • Longitude: -91.7701

    Address

  • Full Address: 56 Sherwood Loop
  • Address - House Number: 56
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Loop
  • State: AR
  • City Name: Searcy
  • Carrier Code: C005
  • 4-Digit Zip Code: 4925
  • Zip Code: 72143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $859
  • Tax Rate Code Area: SSS2

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 138,442
  • High Value: 169,250
  • Low Value: 107,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,500
  • First Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $95,500
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2024

    Market Valuation

  • Market Total Value: $105,750
  • Market Land Value: $33,000
  • Market Improvement Value: $72,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,150
  • Assessed Land Value: $6,600
  • Assessed Improvements Value: $14,550

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875382037
  • Current Sale Price: $135,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: L202120124
  • Previous Sale Recording Date: Dec 08, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $95,500
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Dec 21, 2024

About Searcy



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Frequently Asked Questions

What neighborhood is 56 Sherwood Loop located in?
The 56 Sherwood Loop is a house located in the neighborhood of White in Searcy, Searcy.
What is the average sales price for listings in 56 Sherwood Loop?
The average sales price for units in 56 Sherwood Loop is $0 currently.

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