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1008 Cherry Lane

1008 Cherry Lane, West Memphis, AR 72301
House in Crittenden
Sold Apr 29, 2019
$130,000
$134,157 by Quicken Loans Inc
Mortgage Due Oct 01, 2040
Sold Aug 10, 2018
$61,500
Local assessors in West Memphis, AR have categorized 1008 Cherry Lane as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 1,290 ft and the front of the lot was measured at 770 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1008 Cherry Lane has a total of 1,680 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Apr 26, 2019 for $130,000. That's $77.38 per sqft. Prior to that sales transaction, the property was also sold in Aug 8, 2018 for $61,500. 1008 Cherry Lane was last assessed in 2023. The total value of the property was assessed at $26,850. Specifically, the land the property is located on was valued at $4,800. While improvements on the property were assessed at a total of $22,050. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $866. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 770
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHLAND
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT BK 2 PG 203

Ownership

  • Current Owner : RAGAN KYLE
  • Current Owner 2: RAGAN KRISTA B
  • Previous Owner : HAPPY RENTAL REAL ESTATE LLC
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Memphis School District
  • School Tax School District: WEST MEMPHIS
  • School Tax District Code 2: WEST MEMPHIS
  • Census Tract: 030202

Geography

  • District: 378
  • Parcel: 378617000000
  • Block: 6
  • Lot: 16
  • Meridian: SEC 11 TWN 06 RNG 08
  • Municipality: WEST MEMPHIS SPECIAL
  • Latitude: 35.1568
  • Longitude: -90.2038

    Address

  • Full Address: 1008 Cherry Ln
  • Address - House Number: 1008
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: West Memphis
  • Carrier Code: C015
  • 4-Digit Zip Code: 2458
  • Zip Code: 72301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866
  • Tax Rate Code Area: 114

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 178,839
  • High Value: 202,618
  • Low Value: 155,059

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,157
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $134,157
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2040

    Market Valuation

  • Market Total Value: $134,250
  • Market Land Value: $24,000
  • Market Improvement Value: $110,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,850
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $22,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2019
  • Current Sale Recording Date: Apr 29, 2019
  • Current Sale Transaction ID: 11603382696
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-01830
  • Previous Sale Recording Date: Aug 10, 2018
  • Previous Sale Contract Date: Aug 08, 2018
  • Previous Sale Amount: $61,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Apr 29, 2019
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Memphis



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Frequently Asked Questions

What neighborhood is 1008 Cherry Lane located in?
The 1008 Cherry Lane is a house located in the neighborhood of Crittenden in West Memphis, West Memphis.
What is the average sales price for listings in 1008 Cherry Lane?
The average sales price for units in 1008 Cherry Lane is $0 currently.

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