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42 Spring River Ln

Cherokee Village, AR 72529

2 bd 2 ba 1,250 sqft Built 1993 Lot 1,742 sqft townhomes
Most recent sale
$115,000
Nov 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 27, 2023 Sold $115,000 Carmls
Jun 17, 2020 Sold $67,500 Public Record
May 12, 2020 Listing removed Carmls
Apr 9, 2020 Price changed $72,500 Carmls
Nov 21, 2019 Listed $79,900 Carmls
Jan 1, 2006 Sold $79,900 Public Record
Jan 1, 2004 Sold $69,000 Public Record
Jun 29, 1993 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $14,820 $2,000 $16,820 $427
2024 $14,820 $2,000 $16,820 $527
2023 $14,820 $2,000 $16,820 $466
2022 $10,870 $2,000 $12,870 $865
2021 $10,870 $2,000 $12,870 $865
2020 $10,870 $2,000 $12,870 $826
2018 $8,970 $2,000 $10,970 $781
2017 $8,970 $2,000 $10,970 $565
2016 $8,970 $2,000 $10,970 $215
2015 $8,970 $2,000 $10,970 $215
2014 $8,970 $2,000 $10,970 $311
2013 $11,320 $2,000 $13,320 $311
2012 $11,320 $2,000 $13,320 $311
2011 $11,320 $2,000 $13,320 $311
2010 $11,320 $2,000 $13,320 $271
2009 $10,340 $2,000 $12,340 $289
2008 $11,800 $2,000 $13,800 $289
2007 $11,800 $2,000 $13,800 $262
2006 $9,300 $1,600 $10,900 $208

Property facts

Year built
1993
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,250 sqft
Lot size
1,742 sqft
ZIP code
72529
City
Cherokee Village
Street
Spring River Ln
Coordinates
36.31287, -91.53057

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 42 Spring River Ln last sell?
42 Spring River Ln most recently sold on Nov 27, 2023 for $115,000.
What is the current tax assessment for 42 Spring River Ln?
The most recent total assessment for 42 Spring River Ln (year 2025) is $16,820 with $427 in property tax.
How does 42 Spring River Ln's assessment compare to its last sale price?
The current assessment is 85.4% below the last sale price of $115,000.
When was 42 Spring River Ln built?
42 Spring River Ln was built in 1993.
How does 42 Spring River Ln compare to others on Spring River Ln?
We track 8 other properties on Spring River Ln. Browse the list under "Other properties on Spring River Ln" to compare beds, baths, and sale history.
What are the property facts for 42 Spring River Ln?
42 Spring River Ln is a 2 bed, 2 bath, 1,250 sqft, 1,742 sqft lot townhomes.
Is 42 Spring River Ln a flip candidate?
No — 42 Spring River Ln does not appear in our flips dataset.
Is 42 Spring River Ln a tax-appeal candidate?
No — 42 Spring River Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-7.0%
2026 Q3
$146.3K
2026 Q4
$143.4K
ZIP 72529 — Median Price History + Forecast

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