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For sale by owner
  • $130,000

    55 Merrimac Dr, Cherokee Village, AR 72529

    2beds
    1,000sqft
    : 
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    SingleFamily
    Built in 1993
    0.29 Acres Lot
    $-- Zestimate®
    $130/sqft
    $-- HOA

    What's special

    Spacious corner lotAbundant natural lightRich hardwood floorsThoughtfully remodeled throughout
    Owner Financing Available – Beautifully Remodeled Home on a Private Corner Lot in Cherokee Village, Arkansas Looking for a home that offers privacy, charm, and flexible financing? This thoughtfully remodeled property is a rare opportunity with owner financing available, making homeownership more accessible than ever. Situated on a spacious corner lot, this home offers an exceptional sense of privacy with no immediate neighbors, allowing you to enjoy peaceful surroundings, abundant natural light, and a true connection to nature. Inside, you’ll find a home that has been carefully updated while maintaining its timeless character. Rich hardwood floors flow throughout much of the home, and large windows fill every room with beautiful natural sunlight. Property Highlights * Owner financing available * Private corner lot with no close neighbors * Thoughtfully remodeled throughout * Bright, sun-filled interior with abundant natural light * Spacious primary (master) bedroom * Currently configured as a 2-bedroom home, with the potential to convert to a 3-bedroom layout * Brand-new HVAC system for year-round comfort and energy efficiency * Beautiful hardwood floors * Large wraparound deck covering nearly half the home—perfect for relaxing, entertaining, or enjoying your morning coffee * Expansive covered front porch with plenty of room for rocking chairs or outdoor seating * Mature landscaping featuring established trees, shrubs, and plants that create a peaceful, park-like setting Why You’ll Love Living in Cherokee Village Cherokee Village is one of Arkansas’s hidden gems, offering an incredible quality of life surrounded by the natural beauty of the Ozarks. Residents enjoy: * Seven scenic lakes for boating, kayaking, fishing, and swimming * Two beautiful 18-hole golf courses * Walking and nature trails * Parks and picnic areas * Tennis and pickleball courts * A welcoming small-town community with year-round events * Easy access to the South Fork of the Spring River for floating and fishing * Affordable cost of living and low property taxes * Peaceful surroundings with abundant wildlife and beautiful scenery * Convenient access to nearby shopping, restaurants, healthcare, and everyday necessities Whether you’re searching for a full-time residence, a retirement home, or a weekend getaway, this property offers the perfect combination of comfort, privacy, and outdoor living. Don’t miss this opportunity to own a beautifully remodeled home in one of Arkansas’s most scenic communities—with flexible owner financing available. Schedule your private showing today! ** Rentals considered for WELL qualified applicants
    19 days
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    604
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    46
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    Listed by:

    Property Owner (870) 705-1838

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Other
      Cooling
      • Central
      Features
      • Flooring: Tile, Carpet
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,000 sqft

      Property

      Features
      • Exterior features: Wood
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 30200327000

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Foundation: Piers
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 1993

      Community & HOA

      Location
      • Region: Cherokee Village

      Financial & listing details

      • Price per square foot: $130/sqft
      • Tax assessed value: $55,900
      • Annual tax amount: $72
      • Date on market: 6/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,050/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$130,000+333.3%$130/sqft
        Source: Owner Report a problem
        3/12/2021Sold$30,000-14%$30/sqft
        Source: CARMLS #21001922 Report a problem
        1/20/2021Listed for sale$34,900+15.9%$35/sqft
        Source: BAXTER REAL ESTATE COMPANY #120927 Report a problem
        12/14/2020Sold$30,100+0.3%$30/sqft
        Source: Public Record Report a problem
        11/9/2020Listed for sale--
        Source: Auction.com Report a problem
        11/15/2005Sold$30,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$72 $9,420 +5%
        2024$72 $8,970 +4.5%
        2023$72 $8,580 +9.9%
        2022$72 -81.6%$7,810
        2021$391 -40%$7,810
        2020$652 +4.7%$7,810 +10.2%
        2019$623 $7,090
        2018$623 +308.3%$7,090
        2017$153 $7,090
        2016-- $7,090
        2015-- $7,090 -15.1%
        2014-- $8,350
        2013-- $8,350
        2012-- $8,350
        2011-- $8,350 +10.7%
        2010-- $7,540 -3.3%
        2009-- $7,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 72529

        Getting around

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        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Highland

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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