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1018 S Drive

1018 S Drive, Mount Ida, AR 71957
Property in Montgomery
Sold May 04, 2007
$41,000
Sold Jul 19, 1989
$16,000
Buyer
Local assessors in Mount Ida, AR have categorized 1018 S Drive as a residential type of property. The home was built in 2011 and is 13 years old. The property's lot size has been calculated to be 21,780 square feet. 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 1018 S Drive has a total of 1,056 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 carport for those who need a place to park their vehicle. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 metal. Lots of alum/vinyl siding 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 no air conditioning for their cooling system. The home's no heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1018 S Drive sold most recently in Apr 27, 2007 for a total of $41,000. If you work out the math, that's approximately a cost of $38.83 per sqft. Before that, the property was also sold for $16,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $95 in taxes each year. 1018 S Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,920. If we break it down further, the land itself was valued at $1,050. Improvements to the property, however, were assessed at a total of $16,870. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MT IDA CITY ACREAGE
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NE SE NW

Ownership

  • Current Owner : HARMON DAVID L
  • Current Owner 2: HARMON FRANKIE
  • Previous Owner : QUALLS VELDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mount Ida School District
  • School Tax School District: MOUNT IDA
  • School Tax District Code 2: MT IDA
  • Census Tract: 953000

Geography

  • Parcel: 078-00568-000
  • Meridian: SEC 25 TWN 02S RNG 25W
  • Municipality: MOUNT IDA
  • Latitude: 34.5456
  • Longitude: -93.6263

    Address

  • Full Address: 1018 South Dr
  • Address - House Number: 1018
  • Address - Street Name: South
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Mount Ida
  • Carrier Code: H065
  • 4-Digit Zip Code: 8204
  • Zip Code: 71957

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $95
  • Tax Rate Code Area: 162M

    Appraisal Valuation

  • Standard Deviation: 0.3106
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 37
  • Final Value: 100,992
  • High Value: 132,361
  • Low Value: 69,622

    Market Valuation

  • Market Total Value: $89,600
  • Market Land Value: $5,250
  • Market Improvement Value: $84,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,920
  • Assessed Land Value: $1,050
  • Assessed Improvements Value: $16,870

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2007
  • Current Sale Recording Date: May 04, 2007
  • Current Sale Transaction ID: 1020249640
  • Current Sale Price: $41,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 07-00944
  • Previous Sale Recording Date: Jul 19, 1989
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE BANK USA NA
  • First Mortgage Transaction Date: May 04, 2007
  • First Mortgage Loan Amount: $28,700
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2022

About Mount Ida



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1018 S Drive located in?
The 1018 S Drive is a located in the neighborhood of Montgomery in Mount Ida, Mount Ida.
What is the average sales price for listings in 1018 S Drive?
The average sales price for units in 1018 S Drive is $0 currently.

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