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1055 Downing Street

1055 Downing Street, Benton, AR 72019
Property in Saline
Sold May 14, 2014
$202,800
$192,660 by First Federal Bank
Mortgage Due Jun 01, 2044
Sold Jan 01, 1990
$22,000
Buyer
1055 Downing Street in Benton, AR was first built in 1992 and is 32 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1055 Downing Street has 2,496 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 690 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 7,590 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 984 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of brick veneer. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 1055 Downing Street sold most recently in May 13, 2014 for a total of $202,800. If you work out the math, that's approximately a cost of $81.25 per sqft. Before that, the property was also sold for $22,000 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 $2,138 in taxes each year. 1055 Downing Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,649. If we break it down further, the land itself was valued at $11,700. Improvements to the property, however, were assessed at a total of $41,949. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • 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: 984
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,590
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 690
  • Total Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON POINTE
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2014-34034

Ownership

  • Current Owner : TORRES DAVID ANTHONY
  • Current Owner 2: TORRES KAREN M
  • Previous Owner : TILLERY MARY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Benton School District
  • School Tax School District: BENTON
  • School Tax District Code 2: BENTON
  • Census Tract: 010303

Geography

  • Parcel: 800-75013-000
  • Lot: 13
  • Meridian: SEC 03 TWN 02S RNG 15W
  • Municipality: BENTON
  • Latitude: 34.5765
  • Longitude: -92.6038

    Address

  • Full Address: 1055 Downing St
  • Address - House Number: 1055
  • Address - Street Name: Downing
  • Address - Suffix Type: St
  • State: AR
  • City Name: Benton
  • Carrier Code: C011
  • 4-Digit Zip Code: 2392
  • Zip Code: 72019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138
  • Tax Rate Code Area: 082

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 78
  • Final Value: 325,233
  • High Value: 380,572
  • Low Value: 269,895

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,660
  • First Open Lien Mortgage Lender: FIRST FEDERAL BANK
  • First Open Lien Mortgage Recording Date: May 14, 2014
  • First Open Lien Mortgage Loan Amount: $192,660
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044

    Market Valuation

  • Market Total Value: $268,245
  • Market Land Value: $58,500
  • Market Improvement Value: $209,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,649
  • Assessed Land Value: $11,700
  • Assessed Improvements Value: $41,949

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2014
  • Current Sale Recording Date: May 14, 2014
  • Current Sale Transaction ID: 1009667659
  • Current Sale Price: $202,800
  • Current Sale Document Type: Deed of Guardian
  • Current Sale Input Document Number: 14_034034
  • Previous Sale Recording Date: Jan 01, 1990
  • Previous Sale Amount: $22,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FEDERAL BANK
  • First Mortgage Transaction Date: May 14, 2014
  • First Mortgage Loan Amount: $192,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Benton



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Frequently Asked Questions

What neighborhood is 1055 Downing Street located in?
The 1055 Downing Street is a located in the neighborhood of Saline in Benton, Benton.
What is the average sales price for listings in 1055 Downing Street?
The average sales price for units in 1055 Downing Street is $0 currently.

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