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1304 Industrial Drive

1304 Industrial Drive, Trumann, AR 72472
Multifamily in Poinsett
Sold May 05, 1999
$625,000
$782,665 by Arvest Bank
Mortgage Due Jul 09, 2024
Local assessors in Trumann, AR have categorized 1304 Industrial Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 130,680 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 1304 Industrial Drive has a total of 2,304 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. 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 shingle (not wood). Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. The property was last sold in Jan 1, 1970 for $625,000. That's $271.27 per sqft. 1304 Industrial Drive was last assessed in 2023. The total value of the property was assessed at $210,200. Specifically, the land the property is located on was valued at $13,070. While improvements on the property were assessed at a total of $197,130. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,523. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
Metal Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Living Units: 23
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRYSIDE 2ND
  • Land Acres: 3
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: ENV 281B-1558 1304 INDUSTRIAL DR TRUMANN

Ownership

  • Current Owner : CLAIRES INVESTMENT PROPERTIES
  • Previous Owner : NOT PROVIDED
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Trumann Schools
  • School Tax School District: TRUMANN
  • School Tax District Code 2: TRUMANN
  • Census Tract: 490400

Geography

  • Parcel: 555-03047-0036
  • Block: 1
  • Lot: 21
  • Meridian: SEC 10 TWN 12N RNG 05E
  • Municipality: TRUMAN CITY
  • Latitude: 35.6887
  • Longitude: -90.5369

    Address

  • Full Address: 1304 Industrial Park Dr
  • Address - House Number: 1304
  • Address - Street Name: Industrial Park
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Trumann
  • Carrier Code: R003
  • 4-Digit Zip Code: 9704
  • Zip Code: 72472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,523
  • Tax Rate Code Area: 21TM

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 52
  • Final Value: 843,746
  • High Value: 1,044,070
  • Low Value: 643,421

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $882,182
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Jul 11, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $782,665
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 09, 2024
  • Second Open Lien Mortgage Lender: ARVEST BANK
  • Second Open Lien Mortgage Recording Date: Oct 07, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $99,517
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Sep 27, 2026

    Market Valuation

  • Market Total Value: $1,051,000
  • Market Land Value: $65,350
  • Market Improvement Value: $985,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,200
  • Assessed Land Value: $13,070
  • Assessed Improvements Value: $197,130

    Sales

  • Current Sale Recording Date: May 05, 1999
  • Current Sale Transaction ID: 11462513088
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed

About Trumann



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1304 Industrial Drive located in?
The 1304 Industrial Drive is a multifamily located in the neighborhood of Poinsett in Trumann, Trumann.
What is the average sales price for listings in 1304 Industrial Drive?
The average sales price for units in 1304 Industrial Drive is $0 currently.

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