1409 Cherry Ln, Malvern, AR, 72104
About This Home
Positioned in the growing Malvern area with convenient access to Hot Springs, Little Rock, local employers, and Arkansas State University Three Rivers, this property presents an opportunity for buyers looking to complete a renovation project with many of the initial improvements already underway. The home has been taken down to provide a fresh starting point, with electrical updates completed to current standards and PVC Schedule 40 plumbing already installed. The layout opens into the living room, with a formal dining room flowing into the kitchen. A central hallway leads to the full bathroom and bedrooms, while a secondary hallway connects the kitchen to the attached carport for added functionality. With the major infrastructure work already addressed, buyers can focus on bringing their own design vision to the finishing stages. Whether your goal is resale, rental income, or a long-term investment, this property offers the opportunity to add value in a community that continues to see steady demand and convenient regional access.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1950
Materials
- Foundation: Crawl Space
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining Room
Features
- Other,2 Bedrooms Same Level
- Flooring: Other
- Fireplace features: None
Heating & Cooling
- Heating features: Central Heat-Unspecified
- Cooling features: Central Air
Interior Area
- Total structure area: 964
- Total interior livable area: 964 sqft
Property
Details
- Parcel number: 70004815000
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Fencing: Partial
Lot
- Lot size: 6,534 sqft
- Features: Level
- Lot size dimensions: 50 x 132
Parking
- Total spaces: 1
- Parking features: Carport,One Car
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Strong Wind
- Hail
- Heat Wave
- Tornado
- Winter Weather
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $247 | $2,964 |
| Home Insurance | $57 | $684 |
| Property Taxes | $23 | $276 |
| Electricity | $134 | $1,616 |
| Total | $461 | $5,532 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-29 | Listed for sale | $49,000 |
| 2021-05-27 | Sold | $17,500 |
View on Zillow