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111 Village Drive

111 Village Drive, Benton, AR 72015
House in Saline
Sold Apr 24, 2019
$138,000
$132,723 by Freedom Mortgage Corp
Mortgage Due Jun 01, 2049
Sold May 17, 2016
$127,000
$125,000 by Karen A Witt
Mortgage Due May 01, 2031
111 Village Drive has been categorized by the local assessors in Benton, AR as a residential type of property. The building on the property was first built in 2003 and is 21 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 111 Village Drive has 1,670 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a built-in garage for those who require parking. The garage measured 342 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of fiberglass. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 111 Village Drive sold most recently in Apr 18, 2019 for a total of $138,000. If you work out the math, that's approximately a cost of $82.63 per sqft. Before that, the property was also sold for $127,000 in May 13, 2016. 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 $1,543 in taxes each year. 111 Village Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,290. If we break it down further, the land itself was valued at $4,680. Improvements to the property, however, were assessed at a total of $25,610. 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.

Building Features

Exterior

Metal Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Built-in
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,670
  • Building Area: 1,670
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,670
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW TOWNE VILLAGE PH 1
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2019-007395

Ownership

  • Current Owner : WAGNER AUSTIN CONNOR
  • Previous Owner : WITT WILLIAM
  • Previous Owner 2: WITT KAREN
  • Owner Before Previous Owner: BOLHOFNER NATHANIEL 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: 010105

Geography

  • Parcel: 800-49000-010
  • Lot: 10
  • Meridian: SEC 11 TWN 02S RNG 15W
  • Municipality: BENTON
  • Latitude: 34.563
  • Longitude: -92.5711

    Address

  • Full Address: 111 Village Dr
  • Address - House Number: 111
  • Address - Street Name: Village
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Benton
  • Carrier Code: C010
  • 4-Digit Zip Code: 4403
  • Zip Code: 72015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,543
  • Tax Rate Code Area: 082

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 211,760
  • High Value: 259,145
  • Low Value: 164,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,723
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $132,723
  • First Open Lien Mortgage Term: 331
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $151,450
  • Market Land Value: $23,400
  • Market Improvement Value: $128,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,290
  • Assessed Land Value: $4,680
  • Assessed Improvements Value: $25,610

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11602230590
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-007395
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: May 13, 2016
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTTRUST HOME LOANS INC
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $135,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: KAREN A WITT
  • Previous Mortgage Transaction Date: May 17, 2016
  • Previous Mortgage Loan Amount: $125,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2031

About Benton



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Frequently Asked Questions

What neighborhood is 111 Village Drive located in?
The 111 Village Drive is a house located in the neighborhood of Saline in Benton, Benton.
What is the average sales price for listings in 111 Village Drive?
The average sales price for units in 111 Village Drive is $0 currently.

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