Check Availability

12058 Shark Lane

12058 Shark Lane, Farmington, AR 72730
Property in Washington
Sold Aug 04, 2022
$320,000
$256,000 by Bokf Na
Mortgage Due Sep 01, 2052
Sold Jul 31, 2020
$185,000
$191,012 by Arvest Bank
Mortgage Due Aug 01, 2050
12058 Shark Lane has been categorized by the local assessors in Farmington, AR as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12058 Shark Lane has 1,793 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 12,059 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 attached garage for those who require parking. The garage measured 453 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry 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 or hip style roof made of shingle (not wood). The exterior walls of the building are made of brick veneer. 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. 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, 12058 Shark Lane was last sold in Aug 4, 2022 for $320,000. According to our calculations, that's $178.47 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Jul 29, 2020. Current property owners are expected to pay $3,130 in taxes per year. The property on 12058 Shark Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $57,970. To break that down further, the land itself was valued at $9,000. While improvements to the property were assessed at a total of $48,970. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 453
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,059
  • Total Building Area: 1,793
  • Building Area: 1,793
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,793
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVIERA ESTATES
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANNEXED TO CITY OF FARMINGTON FOR 2008 & FOLLOWING YEARS PER OR NO. 2007-19

Ownership

  • Current Owner : GREENBERG MARK S
  • Current Owner 2: MCCABE VALERIE J
  • Previous Owner : LISA ONEAL
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Prairie Grove School District
  • School Tax School District: PRAIRIE GROVE
  • Census Tract: 011006

Geography

  • Parcel: 760-03595-000
  • Lot: 56
  • Meridian: SEC 03 TWN 15 RNG 31
  • Latitude: 36.0055
  • Longitude: -94.2613

    Address

  • Full Address: 12058 Shark Ln
  • Address - House Number: 12058
  • Address - Street Name: Shark
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Farmington
  • Carrier Code: R001
  • 4-Digit Zip Code: 2716
  • Zip Code: 72730

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,130
  • Tax Rate Code Area: 232

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 329,216
  • High Value: 386,433
  • Low Value: 271,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Aug 04, 2022
  • First Open Lien Mortgage Loan Amount: $256,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $289,850
  • Market Land Value: $45,000
  • Market Improvement Value: $244,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,970
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $48,970

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11894650307
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 26006
  • Previous Sale Recording Date: Jul 31, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Aug 04, 2022
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ARVEST BANK
  • Previous Mortgage Transaction Date: Jul 31, 2020
  • Previous Mortgage Loan Amount: $191,012
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Farmington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 12058 Shark Lane located in?
The 12058 Shark Lane is a located in the neighborhood of Washington in Farmington, Farmington.
What is the average sales price for listings in 12058 Shark Lane?
The average sales price for units in 12058 Shark Lane is $0 currently.

Quantcast