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509 Sherwood Ave, Fort Smith, AR, 72916

2beds
1baths
1,285sqft
$82,000
$64price/sqft
$648/moest. monthly cost
$25,920/yrincome needed

About This Home

Built in 1980 this spacious home has a 2 year old roof, newer windows and a huge corner lot. Priced at only $85000 this would make a great home or rental property.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
Hackett Elementary SchoolGrades PK-63.7 mi
6/10
Hackett High SchoolGrades 7-123.7 mi

Construction

Condition

  • Year built: 1980

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Masonite,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Gas Water Heater,Range,Refrigerator,Range Hood
  • Laundry features: Electric Dryer Hookup,Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Built-in Features,Ceiling Fan(s),Other
  • Window features: Double Pane Windows,Vinyl
  • Flooring: Ceramic Tile,Laminate,Vinyl

Heating & Cooling

  • Heating features: Gas,Other,Space Heater,Wood Stove
  • Cooling features: Electric,Window Unit(s)

Interior Area

  • Total interior livable area: 1,285 sqft

Property

Details

  • Parcel number: 6314800040001300
  • Special condition: None
  • Exclusions: minerals and mineral rights

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Unpaved Driveway
  • Spa features: See Remarks
  • Fencing: Back Yard,Other,Partial,See Remarks
  • Waterfront features: None

Lot

  • Lot size: 0.52 Acres
  • Features: Cleared,Corner Lot,City Lot,Level
  • Lot size dimensions: 150 x 150

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Covered spaces: 1

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
    Ice StormVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Ice Storm
Cold Wave
Heat Wave
Inland Flooding
Lightning
Tornado
Wildfire
Winter Weather
Strong Wind

FEMA Declared Disasters Across Arkansas Counties

Flood
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $414$4,968
Home Insurance $58$696
Property Taxes $42$504
Electricity $134$1,616
Total$648$7,776

Income You'd Need if You Spent...

35% on housing$22,217/yr
40% on housing$19,440/yr
45% on housing$17,280/yr

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.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 72916$188
Sebastian County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 72916$181
Sebastian County$142

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)

No zestimate history available

Price History

DateEventPrice
2026-04-23Listed for sale$85,000

For Sale by Agent

AgentBecky Hoopengarner
BrokerageChuck Fawcett Realty Greenwood branch

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