Closed

$175,000

7 Rainbow Ln, Sheridan, AR 72150

3beds

1,466sqft

Single Family Residence

Built in 1985

0.35 Acres Lot

$175,100 Zestimate^®

$119/sqft

$1,443 Estimated rent

Home value

$175,100

Estimated sales range

Not available

$1,443/mo

Zestimate^® history

Owner options

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$1,443/mo

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$1,443/mo

Rent Zestimate^®

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$1,077/mo

Est. payment

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$1,077/mo

Est. payment

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What's special

Quiet streetNewer light fixturesFresh paintCeiling fans throughout

This inviting 3-bedroom, 2-bathroom home features fresh paint, newer light fixtures, and ceiling fans throughout. Situated on a quiet street, it offers peace and comfort while remaining close to shops, parks, and other local amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den/Family Room

Dining room

Features: Separate Dining Room

Heating

Electric

Cooling

Electric

Appliances

Included: Free-Standing Range, Dishwasher, Refrigerator, Electric Water Heater
Laundry: Washer Hookup, Laundry Room

Features

Sheet Rock, 3 Bedrooms Same Level
Flooring: Laminate
Has fireplace: Yes
Fireplace features: Woodburning-Site-Built

Interior area

Total structure area: 1,466
Total interior livable area: 1,466 sqft

Property

Parking

Total spaces: 1
Parking features: Carport, One Car
Has carport: Yes

Features

Levels: One
Stories: 1
Patio & porch: Patio, Porch
Exterior features: Storage
Fencing: Partial

Lot

Size: 0.35 Acres
Features: Level, Subdivided

Details

Parcel number: 70000318003

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Foundation: Slab
Roof: 3 Tab Shingles

Condition

New construction: No
Year built: 1985

Utilities & green energy

Electric: Elec-Municipal (+Entergy)
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Pool, Playground, Picnic Area
Subdivision: BILL CLARK

HOA

Has HOA: No

Location

Region: Sheridan

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $154,650
Annual tax amount: $1,299
Date on market: 5/20/2026
Road surface type: Paved

Price history

Date	Event	Price
7/29/2026	Sold	$175,000-3.8%$119/sqft
Source: CARMLS #26020335 Report a problem
5/20/2026	Listed for sale	$181,900+106.7%$124/sqft
Source: CARMLS #26020335 Report a problem
7/27/2021	Sold	$88,000-26.6%$60/sqft
Source: CARMLS #21018504 Report a problem
11/4/2013	Listing removed	$119,900$82/sqft
Source: Action Realty #10349255 Report a problem
5/7/2013	Listed for sale	$119,900+19.9%$82/sqft
Source: Action Realty #10349255 Report a problem
10/2/2007	Sold	$100,000$68/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,199 +9.1%	$26,650 +20%
2024	$1,099 +10%	$22,210
2023	$999 +60.1%	$22,210 +8.1%
2022	$624 +13.7%	$20,540
2021	$549 +8.7%	$20,540 +5%
2020	$505	$19,560
2019	$505 -4.7%	$19,560
2018	$530 +5.3%	$19,560
2017	$504	$19,560 +18.1%
2015	--	$16,560
2014	--	$16,560 +9.1%
2012	--	$15,180 +4.8%
2011	--	$14,490 +5%
2010	--	$13,800
2009	--	--