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118 Madrid Drive

118 Madrid Drive, Benton, AR 72015
House in Saline
Local assessors in Benton, AR have categorized 118 Madrid Drive as a type of property. The home was built in 2016 and is 10 years old. The property's lot size has been calculated to be 14,200 square feet. The linear feet between the front and back of the lot was measured at 2,000 ft and the front of the lot was measured at 710 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 100 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 118 Madrid Drive has a total of 1,763 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 for those who need a place to park their vehicle. The garage on the property is 495 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 and a 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 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 - . The building has a style roof that was made of . Lots of 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 for their cooling system. The home's is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 Madrid Drive was last sold in Jan 27, 2022 for $235,000. According to our calculations, that's $133.30 per sqft. Prior to that sales transaction, the property was sold for $170,800 in Feb 24, 2016. Current property owners are expected to pay $179,748 in taxes per year. The property on 118 Madrid Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,658. To break that down further, the land itself was valued at $7,200. While improvements to the property were assessed at a total of $35,458. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Metal Exterior
Vinyl Siding

Parking

Open Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211202
12/02/2021
4 Bed
2 Bath
1920 ft²
$224,900
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1920 ft²
-
-
Kim Creighton
Baxley-Penfield-Moudy Realtors


Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Floor Cover: 24
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,200
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,763
  • Building Area: 1,763
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,763
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADRID PLACE
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • Legal Description 1: 2022-002874

Neighborhood

  • School District Name: Bauxite School District
  • School Tax School District: BAUXITE
  • School Tax District Code 2: BENTON
  • Census Tract: 010106

Geography

  • Parcel: 800-44700-002
  • Lot: 2
  • Meridian: SEC 07 TWN 02S RNG 14W
  • Municipality: BAUXITE BENTON
  • Latitude: 34.5623
  • Longitude: -92.5385

    Address

  • Full Address: 118 Madrid Dr
  • Address - House Number: 118
  • Address - Street Name: Madrid
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Benton
  • Carrier Code: C001
  • 4-Digit Zip Code: 4777
  • Zip Code: 72015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,748
  • Tax Rate Code Area: 142

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 260,942
  • High Value: 314,703
  • Low Value: 207,182

    Market Valuation

  • Market Total Value: $213,290
  • Market Land Value: $36,000
  • Market Improvement Value: $177,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,658
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $35,458

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2874
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Contract Date: Feb 24, 2016
  • Previous Sale Amount: $170,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Benton



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Frequently Asked Questions

What neighborhood is 118 Madrid Drive located in?
The 118 Madrid Drive is a house located in the neighborhood of Saline in Benton, Benton.
What is the average sales price for listings in 118 Madrid Drive?
The average sales price for units in 118 Madrid Drive is $0 currently.