508 Lee Ave
Sherwood, AR 72120
3 bd 2 ba 1,608 sqft Built 1958 Lot 20,909 sqft single_family
Most recent sale
$161,850
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2022 | Sold | $161,850 | Public Record |
| May 26, 2022 | Sold | $77,155 | Public Record |
| May 24, 2022 | Sold | $156,700 | Carmls |
| Apr 25, 2022 | Listed | $170,000 | MLS #22013122 |
| Jun 29, 2005 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $22,258 | $8,832 | $31,090 | $1,798 |
| 2024 | $22,258 | $8,832 | $31,090 | $1,784 |
| 2023 | $22,258 | $8,832 | $31,090 | $1,349 |
| 2022 | $22,258 | $8,832 | $31,090 | $1,170 |
| 2021 | $17,960 | $1,580 | $19,540 | $1,090 |
| 2020 | $17,960 | $1,580 | $19,540 | $1,018 |
| 2018 | $17,960 | $1,580 | $19,540 | $883 |
| 2017 | $17,960 | $1,580 | $19,540 | $464 |
| 2016 | $18,580 | $1,440 | $20,020 | $708 |
| 2015 | $18,580 | $1,440 | $20,020 | $403 |
| 2014 | $18,580 | $1,440 | $20,020 | $376 |
| 2013 | $18,580 | $1,440 | $20,020 | $578 |
| 2012 | $18,580 | $1,440 | $20,020 | $578 |
| 2011 | $8,683 | $1,656 | $10,339 | $175 |
| 2010 | $8,683 | $1,656 | $10,339 | $175 |
| 2009 | $8,683 | $1,656 | $10,339 | $581 |
| 2008 | $8,683 | $1,656 | $10,339 | $581 |
| 2007 | $8,683 | $1,656 | $10,339 | $231 |
| 2006 | $8,683 | $1,656 | $10,339 | $277 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
20,909 sqft
ZIP code
72120
City
Sherwood
Street
Lee Ave
Coordinates
34.82939, -92.23666
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$971
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Lee Ave last sell?
508 Lee Ave most recently sold on Jun 2, 2022 for $161,850.
What is the current tax assessment for 508 Lee Ave?
The most recent total assessment for 508 Lee Ave (year 2025) is $31,090 with $1,798 in property tax.
How does 508 Lee Ave's assessment compare to its last sale price?
The current assessment is 80.8% below the last sale price of $161,850.
When was 508 Lee Ave built?
508 Lee Ave was built in 1958.
How does 508 Lee Ave compare to others on Lee Ave?
We track 8 other properties on Lee Ave. Browse the list under "Other properties on Lee Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Lee Ave?
508 Lee Ave is a 3 bed, 2 bath, 1,608 sqft, 20,909 sqft lot single_family.
Is 508 Lee Ave a flip candidate?
Yes — 508 Lee Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 Lee Ave a tax-appeal candidate?
No — 508 Lee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.0%
2026 Q3
$292K
2026 Q4
$297.7K
ZIP 72120 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Ave