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125 Chelsea Drive

125 Chelsea Drive, Fairfield Bay, AR 72088
Townhouse in Van Buren
1 Units For Sale
Unit for sale at 125 Chelsea Dr. #45, Fairfield Bay, AR 72088-0000

$199,500

  • 2 Beds
  • 2 Baths
  • 1,156 ft²
125 Chelsea Dr. #45, Fairfield Bay, AR 72088-0000 Listing by Willena Herman

Local assessors in Fairfield Bay, AR have categorized 125 Chelsea Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 2,178 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 125 Chelsea Drive has a total of 1,156 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. 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 composition shingle. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 125 Chelsea Drive sold most recently in Mar 18, 2021 for a total of $82,500. If you work out the math, that's approximately a cost of $71.37 per sqft. Before that, the property was also sold for $60,000 in May 22, 2017. 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 $220 in taxes each year. 125 Chelsea Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,500. If we break it down further, the land itself was valued at $1,000. Improvements to the property, however, were assessed at a total of $12,500. 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.

Building Features

Exterior

Metal Exterior
Vinyl Siding
Exterior Insulation Finishing System
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231011
10/11/2023
2 Bed
2 Bath
1120 ft²
$180,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1120 ft²
-
-
-
Willena Herman
Goodwin & Herman Associates Real Estate
20220422
04/22/2022
2 Bed
2 Bath
1125 ft²
$185,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1125 ft²
-
-
-
Tammy Landry
Landry Greers Ferry lake Realty
20180827
08/27/2018
2 Bed
2 Bath
1120 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1120 ft²
-
-
-
-
20210111 Unit 27
01/11/2021
27
2 Bed
2 Bath
1120 ft²
$94,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1120 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLIFFSIDE LODGE
  • Land Acres: 0.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLIFFSIDE LODGE

Ownership

  • Current Owner : SOROKUNOV JO ANN
  • Previous Owner : JONES ROSE MARIE
  • Owner Before Previous Owner: FENCL ROBERT E
  • Owner Before Previous Owner 2: FENCL MICHAELENE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shirley School District
  • School Tax School District: SHIRLEY
  • School Tax District Code 2: FAIRFIELD BAY
  • Census Tract: 460303

Geography

  • Parcel: 4909-00003-0025
  • Lot: APT325
  • Meridian: SEC 09 TWN 11 RNG 12
  • Municipality: FAIRFIELD BAY
  • Latitude: 35.6024
  • Longitude: -92.2698

    Address

  • Full Address: 125 Chelsea Dr
  • Address - House Number: 125
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Fairfield Bay
  • Zip Code: 72088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $220
  • Tax Rate Code Area: 03F

    Appraisal Valuation

  • Standard Deviation: 0.438
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 103,885
  • High Value: 149,389
  • Low Value: 58,380

    Market Valuation

  • Market Total Value: $67,500
  • Market Land Value: $5,000
  • Market Improvement Value: $62,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,500
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $12,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11832019314
  • Current Sale Price: $82,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: May 23, 2017
  • Previous Mortgage Loan Amount: $45,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2032

About Fairfield Bay



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Frequently Asked Questions

What neighborhood is 125 Chelsea Drive located in?
The 125 Chelsea Drive is a townhouse located in the neighborhood of Van Buren in Fairfield Bay, Fairfield Bay.
How many listings are currently for sale in 125 Chelsea Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 125 Chelsea Drive?
The average sales price for units in 125 Chelsea Drive is $199,500 , or $173/sqft. currently.

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