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1346 North Corsica Drive

1346 North Corsica Drive, Fayetteville, AR 72704
Multifamily in Washington
Sold May 11, 2021
$520,000
$418,000 by Generations Bank
Mortgage Due May 07, 2026
Sold Dec 28, 2018
$513,500
$385,125 by Sun West Mortgage Company Inc
Mortgage Due Jan 01, 2049
Local assessors in Fayetteville, AR have categorized 1346 North Corsica Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 9,242 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. As for the restroom situation, there are 8 full bathrooms. There are also 9 partial bathrooms. This is a 2 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 1346 North Corsica Drive has a total of 4,100 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 garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry 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 or hip style roof that was made of shingle (not wood). Lots of a combination of material 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 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, 1346 North Corsica Drive sold most recently in May 6, 2021 for a total of $520,000. If you work out the math, that's approximately a cost of $126.83 per sqft. Before that, the property was also sold for $513,500 in Dec 17, 2018. 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 $6,132 in taxes each year. 1346 North Corsica Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,190. If we break it down further, the land itself was valued at $18,000. Improvements to the property, however, were assessed at a total of $116,190. 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. 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.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

Brick Exterior
Concrete Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,242
  • Total Building Area: 4,100
  • Building Area: 4,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUPPLE MEADOWS
  • Land Acres: 0.212
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : RUBY REALTY LLC
  • Previous Owner : PACK GARRETT E
  • Previous Owner 2: PACK LINDA D
  • Owner Before Previous Owner: TITAN DEVELOPMENT LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 010508

Geography

  • Parcel: 765-30519-000
  • Lot: 54
  • Meridian: SEC 12 TWN 16 RNG 31
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0816
  • Longitude: -94.219

    Address

  • Full Address: 1346 N Corsica Dr
  • Address - House Number: 1346
  • Street Direction: N
  • Address - Street Name: Corsica
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: R041
  • 4-Digit Zip Code: 7156
  • Zip Code: 72704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,132
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 733,981
  • High Value: 848,920
  • Low Value: 619,041

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $418,000
  • First Open Lien Mortgage Lender: GENERATIONS BANK
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $418,000
  • 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: May 07, 2026

    Market Valuation

  • Market Total Value: $670,950
  • Market Land Value: $90,000
  • Market Improvement Value: $580,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,190
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $116,190

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11834466670
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00017545
  • Previous Sale Recording Date: Dec 28, 2018
  • Previous Sale Contract Date: Dec 17, 2018
  • Previous Sale Amount: $513,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENERATIONS BANK
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $418,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 07, 2026

    Previous Mortgages

  • Previous Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • Previous Mortgage Transaction Date: Dec 28, 2018
  • Previous Mortgage Loan Amount: $385,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Fayetteville



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Frequently Asked Questions

What neighborhood is 1346 North Corsica Drive located in?
The 1346 North Corsica Drive is a multifamily located in the neighborhood of Washington in Fayetteville, Fayetteville.
What is the average sales price for listings in 1346 North Corsica Drive?
The average sales price for units in 1346 North Corsica Drive is $0 currently.

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