This newly renovated 4 bedroom, 1 bath home offers a great opportunity for instant equity. The property is listed $15,000 below appraised value, making it a strong option for both homeowners and investors. Recent updates provide a move in ready feel while maintaining a practical layout with four bedrooms and one full bathroom. Whether you're looking for a primary residence or an investment opportunity, this home offers solid value from day one. Don't miss the chance to own a renovated property priced below market.
Sold for $159,000
$159,000
206 Cherry St, Lake City, AR 72437
4beds
1,300sqft
Single Family Residence
Built in ----
-- sqft lot
$159,700 Zestimate®
$122/sqft
$1,426 Estimated rent
Home value
$159,700
$144,000 - $179,000
$1,426/mo
Zestimate® history
Owner options
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$1,004/mo
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List your homeWhat's special
Spacious laundry roomBrand-new flooringFour bedroomsOpen layoutModern kitchenLarge backyardSleek granite countertops
Zillow last checked:
Listing updated:
Listed by:
Michael Gregson 870-761-3699,
New Horizon Real Estate
Bought with:
Trenton Hoggard, 00077184
Century 21 Portfolio
Source: Northeast Arkansas BOR,MLS#: 10125416
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 4
Rooms
- Room types: Other
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bedroom 4
- Level: Main
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave
Features
- Ceiling Fan(s), Climate Control
- Flooring: Vinyl
- Fireplace features: None
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
- Finished area above ground: 1,300
Property
Parking
- Total spaces: 2
- Parking features: No Garage
- Garage spaces: 2
Features
- Levels: One
- Patio & porch: Patio
Lot
- Features: Level, Shade Trees
Details
- Parcel number: 0714621306500
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 0
Utilities & green energy
- Electric: CW&L
- Sewer: City Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Stones
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $82,900
- Annual tax amount: $822
- Date on market: 10/16/2025
- Listing terms: Cash,Conventional,FHA,In House,Rural Development,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $159,000-0.6%$122/sqft |
Source: Northeast Arkansas BOR #10125416 Report a problem | ||
| 12/22/2025 | Pending sale | $159,900$123/sqft |
Source: Northeast Arkansas BOR #10125416 Report a problem | ||
| 12/17/2025 | Price change | $159,900-3.1%$123/sqft |
Source: Northeast Arkansas BOR #10125416 Report a problem | ||
| 10/16/2025 | Listed for sale | $165,000$127/sqft |
Source: Northeast Arkansas BOR #10125416 Report a problem | ||
| 10/14/2025 | Listing removed | $165,000$127/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 9/29/2025 | Price change | $165,000-2.9%$127/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 9/2/2025 | Price change | $169,900-2.9%$131/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 8/18/2025 | Price change | $175,000-2.2%$135/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 7/28/2025 | Price change | $179,000-3.2%$138/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 7/7/2025 | Listed for sale | $185,000+208.3%$142/sqft |
Source: Northeast Arkansas BOR #10123127 Report a problem | ||
| 2/11/2025 | Sold | $60,000-29.4%$46/sqft |
Source: Northeast Arkansas BOR #10118491 Report a problem | ||
| 2/5/2025 | Pending sale | $85,000$65/sqft |
Source: Northeast Arkansas BOR #10118491 Report a problem | ||
| 1/6/2025 | Price change | $85,000-14.9%$65/sqft |
Source: Northeast Arkansas BOR #10118491 Report a problem | ||
| 11/25/2024 | Listed for sale | $99,900+233%$77/sqft |
Source: Northeast Arkansas BOR #10118491 Report a problem | ||
| 7/12/2024 | Sold | $30,000$23/sqft |
Source: Northeast Arkansas BOR #10115830 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $871 +14.1% | $16,580 +14.2% |
| 2024 | $763 +8.3% | $14,520 +8.4% |
| 2023 | $705 +9% | $13,400 +9.1% |
| 2022 | $647 +7.5% | $12,280 +10% |
| 2021 | $601 +247.5% | $11,160 |
| 2020 | $173 | $11,160 |
| 2019 | $173 -12.6% | $11,160 |
| 2018 | $198 | $11,160 |
| 2017 | $198 | $11,160 +9.8% |
| 2016 | $198 0% | $10,160 |
| 2015 | $198 | $10,160 |
| 2014 | $198 -61.6% | $10,160 |
| 2013 | $516 | $10,160 -15.8% |
| 2012 | -- | $12,060 |
| 2011 | -- | $12,060 |
| 2010 | -- | $12,060 +13.5% |
| 2009 | -- | $10,630 |
| 2008 | -- | $10,630 |
| 2007 | -- | $10,630 +14.8% |
| 2006 | -- | $9,260 |
| 2005 | -- | $9,260 +15% |
| 2004 | -- | $8,050 |
Find assessor info on the county website
Neighborhood: 72437
Nearby homes
- $115,100-- bd1 ba1k sqft204 Cherry St, Lake City, AR 72437Off Market
- $129,700-- bd1 ba1.3k sqft208 Cherry St, Lake City, AR 72437Off Market
- $119,600-- bd1 ba1k sqft205 Cherry St, Lake City, AR 72437Off Market
- $116,700-- bd1 ba1k sqft203 Cherry St, Lake City, AR 72437Off Market
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- $142,7003 bd2 ba1.3k sqft210 Cherry St, Lake City, AR 72437Off Market
- $113,3003 bd1 ba1k sqft207 Cherry St, Lake City, AR 72437Off Market
- $105,600-- bd-- ba1.2k sqft228 Cherry St, Lake City, AR 72437Off Market
Nearby schools
GreatSchools rating
- 7/10Riverside West Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 6/10Riverside High SchoolGrades: 7-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Riverside
- Middle: Riverside
- High: Riverside
Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Arkansas
- Craighead County
- Lake City
- 72437
- 206 Cherry St
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