$2,553 Closing Credit¹
Listing Office: Flyer Homes Real Estate
$2,553
closing credit¹
506 S Sherman Ave Fayetteville, AR 72701
$215,000 List price
$2,553
Closing credit¹
2 beds
1 full
924 sqft
0.3 acres
$233 / sqft
House
Property details
About 506 S Sherman Ave
This cozy 2-bedroom, 1-bath home, built in 1955, offers a great opportunity to make it your own. Inside, you’ll find a practical layout with a comfortable living area, a functional kitchen, and well-sized bedrooms. The home also features a basement for additional storage and a spacious backyard for outdoor enjoyment. Conveniently located near downtown Fayetteville, the University of Arkansas, and local amenities like parks, trails, shopping, and dining, this home is all about location and potential.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size924 sqft
BasementYes
Lot size0.2927 Acres
Year built1955
MLS #1292966
FireplaceLiving Room, Wood Burning
Summary
- MLS Number: 1292966
- MLS Name: ARKMLS
- Office Name: RE/MAX Associates, LLC
- Office Phone: (479) 684-5757
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$215,000
506 S Sherman Ave
$2,553
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $36,220 | $708 |
| 2023 | $36,220 | $747 |
| 2022 | $23,440 | $741 |
| 2021 | $23,440 | $693 |
| 2020 | $23,440 | $644 |
| 2019 | $16,760 | $596 |
History based on county public records data.
Nearby schools
7
Happy Hollow Elementary School
Public District PK-4
0.6 mi
•300 S Ray Ave
7
Washington Elementary School
Public District PK-4
1.4 mi
•425 N Highland Ave
9
Root Elementary School
Public District PK-4
1.7 mi
•1529 E Mission Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,383. Typical income of Fayetteville, AR residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
37%
35k-100k
21%
100k-200k
9%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
49%
Single, No Kids
11%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
31%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Chico's
Where do the neighbors go to eat?
Starbucks
Sonic
Qdoba
What do the neighbors drive?
Pontiac
Infiniti
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Fayetteville, AR
About 506 S Sherman Ave
This home is located at 506 S Sherman Ave in Fayetteville, AR and zip code 72701. This 924 square foot home, which was built in 1955, sits on a 0.29 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 6, 2024 and is currently priced at $215,000.
Over 19 listings were sold over their listed price in December 2024 in Fayetteville, AR. In the same period over 72 listings were sold below the listed price and 42 listings were sold for the listed price. The number of listings in Fayetteville, AR decreased by 9.9% between November and December 2024. The median list price of listings available in December 2024 was $380,007, while the average time on the real estate market was 88 days.
From Rocket Homes Real Estate and based on county public records data.