When you step into 509 Cherry Lane, you’ll immediately appreciate the blend of historic charm and modern updates. Original hardwood floors and stunning wood tray ceilings with shiplap accents create a warm, inviting atmosphere. The home offers two spacious bedrooms plus a versatile bonus space that could easily serve as a third bedroom, office, or flex room. A large screened porch off the primary bedroom provides the perfect place to relax, overlooking a low-maintenance backyard.
Active
$165,000
509 Cherry Ln, Malvern, AR 72104
2beds
1,834sqft
Single Family Residence
Built in 1965
0.35 Acres Lot
$157,500 Zestimate®
$90/sqft
$-- HOA
What's special
Historic charmModern updatesTwo spacious bedroomsOriginal hardwood floorsLow-maintenance backyard
- 88 days
- 127
- 1
Zillow last checked:
Listing updated:
Listed by:
Laura Finley 501-467-6956,
Anchor & Oak Realty Group 501-425-4515
Source: CARMLS,MLS#: 26022840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room
Dining room
- Features: Kitchen/Dining Combo
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Free-Standing Range, Gas Range, Dishwasher, Refrigerator, Gas Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Sheet Rock, Paneling, Vaulted Ceiling(s), 2 Bedrooms Same Level
- Flooring: Wood, Tile
- Windows: Insulated Windows
- Basement: Unfinished,Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,834
- Total interior livable area: 1,834 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Two Car
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Screened
- Fencing: Partial
Lot
- Size: 0.35 Acres
- Dimensions: 50 x 100 50 x 100
- Features: Level
Details
- Parcel number: 70002309000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage
- Property subtype: Single Family Residence
Materials
- Brick, Metal/Vinyl Siding
- Foundation: Crawl Space
- Roof: Other
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Electric: Elec-Municipal (+Entergy)
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Community & HOA
Community
- Security: Video Surveillance
- Subdivision: CITY ACREAGE C.C.
HOA
- Has HOA: No
Location
- Region: Malvern
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $83,350
- Annual tax amount: $520
- Date on market: 6/6/2026
- Listing terms: VA Loan,FHA,Conventional,Cash,USDA Loan
- Road surface type: Paved
Estimated market value
$157,500
$150,000 - $165,000
$1,229/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Listed for sale | $165,000$90/sqft |
Source: | ||
| 6/3/2026 | Listing removed | $165,000$90/sqft |
Source: | ||
| 3/25/2026 | Price change | $165,000-5.7%$90/sqft |
Source: | ||
| 3/3/2026 | Price change | $175,000-2.8%$95/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $180,000+5.9%$98/sqft |
Source: | ||
| 1/26/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/28/2025 | Price change | $170,000-10.5%$93/sqft |
Source: Owner Report a problem | ||
| 10/5/2025 | Listed for sale | $190,000-4.5%$104/sqft |
Source: Owner Report a problem | ||
| 6/18/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/21/2025 | Price change | $199,000-7.4%$109/sqft |
Source: Owner Report a problem | ||
| 2/6/2025 | Price change | $215,000-6.5%$117/sqft |
Source: Owner Report a problem | ||
| 1/23/2025 | Listed for sale | $230,000+215.1%$125/sqft |
Source: Owner Report a problem | ||
| 6/2/2014 | Listing removed | $73,000$40/sqft |
Source: Young Real Estate, Inc. #10383319 Report a problem | ||
| 4/11/2014 | Listed for sale | $73,000-1.4%$40/sqft |
Source: Young Real Estate, Inc. #10383319 Report a problem | ||
| 10/1/2012 | Listing removed | $74,000$40/sqft |
Source: TRADEMARK REAL ESTATE #98451 Report a problem | ||
| 7/15/2012 | Price change | $74,000-2.6%$40/sqft |
Source: TRADEMARK REAL ESTATE #98451 Report a problem | ||
| 4/9/2012 | Listed for sale | $76,000$41/sqft |
Source: TRADEMARK REAL ESTATE #98451 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $313 -16.8% | $16,125 +4.2% |
| 2024 | $377 -9.3% | $15,480 +4.3% |
| 2023 | $415 -3.1% | $14,835 +4.5% |
| 2022 | $429 +9.3% | $14,190 +4.8% |
| 2021 | $392 | $13,545 +5% |
| 2020 | -- | $12,900 |
| 2019 | $356 -6.6% | $12,900 |
| 2018 | $381 | $12,900 |
| 2017 | $381 +13.4% | $12,900 |
| 2016 | $336 -6.1% | $12,900 -3.1% |
| 2015 | $357 +12.6% | $13,310 +6% |
| 2014 | $317 | $12,555 |
| 2013 | $317 -11.2% | $12,555 -5.7% |
| 2012 | $357 | $13,310 +6.4% |
| 2011 | -- | $12,505 |
| 2010 | $315 | $12,505 |
| 2009 | $315 -19.9% | $12,505 -10.5% |
| 2008 | $393 -44.9% | $13,978 +4.2% |
| 2007 | $713 | $13,419 |
| 2006 | -- | $13,419 +9.1% |
| 2005 | -- | $12,301 +14.7% |
| 2004 | $570 +17.2% | $10,722 +5% |
| 2003 | $486 +6.8% | $10,211 +5% |
| 2002 | $455 +15.5% | $9,725 +3.7% |
| 2001 | $394 | $9,380 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 72104
Nearby schools
Schools provided by the listing agent
- Elementary: Malvern
- Middle: Malvern
- High: Malvern
Source: CARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





