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7206 Cheryl Lane

7206 Cheryl Lane, Fort Smith, AR 72908
Property in Cavanaugh
Sold Feb 02, 2021
$135,000
$67,500 by Arvest Bank
Mortgage Due Feb 01, 2051
7206 Cheryl Lane in Fort Smith, AR was first built in 2013 and is 11 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7206 Cheryl Lane has 1,216 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. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 5,969 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 441 sqft. 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 C. 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. 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, 7206 Cheryl Lane sold most recently in Jan 28, 2021 for a total of $135,000. If you work out the math, that's approximately a cost of $111.02 per sqft. 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 $1,385 in taxes each year. 7206 Cheryl Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $23,850. If we break it down further, the land itself was valued at $3,700. Improvements to the property, however, were assessed at a total of $20,150. 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: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,969
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,216
  • Building Area: 1,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAVANAUGH MEADOWS
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2-5 REPLAT OF LOT 2

Ownership

  • Current Owner : KANN SOVATH
  • Previous Owner : BARLEE PROPERTIES II LP

Neighborhood

  • School District Name: Fort Smith Public Schools
  • School Tax School District: FORT SMITH
  • School Tax District Code 2: FT SMITH
  • Census Tract: 001310

Geography

  • Parcel: 11228-0002-00000-05
  • Lot: 2-5
  • Meridian: SEC 05 TWN 07 RNG 32
  • Municipality: FORT SMITH CITY
  • Latitude: 35.3158
  • Longitude: -94.4279

    Address

  • Full Address: 7206 Cheryl Ln
  • Address - House Number: 7206
  • Address - Street Name: Cheryl
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Fort Smith
  • Carrier Code: C045
  • 4-Digit Zip Code: 7362
  • Zip Code: 72908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,385
  • Tax Rate Code Area: 99FS

    Appraisal Valuation

  • Standard Deviation: 0.2529
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 181,612
  • High Value: 227,555
  • Low Value: 135,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,500
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Loan Amount: $67,500
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $119,250
  • Market Land Value: $18,500
  • Market Improvement Value: $100,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,850
  • Assessed Land Value: $3,700
  • Assessed Improvements Value: $20,150

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Transaction ID: 11816468658
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021F-02686

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Feb 02, 2021
  • First Mortgage Loan Amount: $67,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 7206 Cheryl Lane located in?
The 7206 Cheryl Lane is a located in the neighborhood of Cavanaugh in Fort Smith Southside, Fort Smith.
What is the average sales price for listings in 7206 Cheryl Lane?
The average sales price for units in 7206 Cheryl Lane is $0 currently.

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