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1512 Jones Lane

1512 Jones Lane, Pea Ridge, AR 72751
House in Pea Ridge
Sold May 28, 2019
$149,900
$149,900 by United State Department Of Agr
Mortgage Due May 24, 2052
Sold Aug 14, 2018
$15,000
$122,000 by Arvest Bank
Mortgage Due Aug 31, 2019
1512 Jones Lane has been categorized by the local assessors in Pea Ridge, AR as a residential type of property. The building on the property was first built in 2019 and is 5 years old. 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, 1512 Jones Lane has 1,230 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 14,375 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 400 sqft. Residents will have the luxury of enjoying a open porch. 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 frame 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 style roof made of fiberglass. The exterior walls of the building are made of wood. 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. 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, 1512 Jones Lane sold most recently in May 23, 2019 for a total of $149,900. If you work out the math, that's approximately a cost of $121.87 per sqft. Before that, the property was also sold for $15,000 in Aug 13, 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 $1,501 in taxes each year. 1512 Jones Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,290. If we break it down further, the land itself was valued at $3,800. Improvements to the property, however, were assessed at a total of $28,490. 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.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

Condition

New Construction

Exterior

Vinyl Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEA RIDGE
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF SECTION 36, TOWNSHIP 21 NORTH, RANGE 30 WEST, PEA RIDGE, BENTON COUNTY, ARK

Ownership

  • Current Owner : MORGAN GARRETT A
  • Current Owner 2: MORGAN AMBER M
  • Previous Owner : WHITE MICHAEL
  • Previous Owner 2: WHITE SARAH
  • Owner Before Previous Owner: FRANCE DONNA RAE
  • Owner Before Previous Owner 2: FRANCE GARY WAYNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pea Ridge School District
  • Census Tract: 020103

Geography

  • District: 13
  • Parcel: 13-00216-000
  • Meridian: SEC 36 TWN 21 RNG 30
  • Municipality: PEA RIDGE
  • Latitude: 36.4552
  • Longitude: -94.1198

    Address

  • Full Address: 1512 Jones Ln
  • Address - House Number: 1512
  • Address - Street Name: Jones
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Pea Ridge
  • Carrier Code: R005
  • 4-Digit Zip Code: 2826
  • Zip Code: 72751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,501
  • Tax Rate Code Area: C109

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 247,981
  • High Value: 295,351
  • Low Value: 200,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $149,900
  • First Open Lien Mortgage Lender: UNITED STATE DEPARTMENT OF AGR
  • First Open Lien Mortgage Recording Date: May 28, 2019
  • First Open Lien Mortgage Loan Amount: $149,900
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 24, 2052

    Market Valuation

  • Market Total Value: $161,450
  • Market Land Value: $19,000
  • Market Improvement Value: $142,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,290
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $28,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2019
  • Current Sale Recording Date: May 28, 2019
  • Current Sale Transaction ID: 11609285042
  • Current Sale Price: $149,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019026010
  • Previous Sale Recording Date: Aug 14, 2018
  • Previous Sale Contract Date: Aug 13, 2018
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED STATE DEPARTMENT OF AGR
  • First Mortgage Transaction Date: May 28, 2019
  • First Mortgage Loan Amount: $149,900
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 24, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ARVEST BANK
  • Previous Mortgage Transaction Date: Aug 14, 2018
  • Previous Mortgage Loan Amount: $122,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Due Date: Aug 31, 2019

About Pea Ridge



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Frequently Asked Questions

What neighborhood is 1512 Jones Lane located in?
The 1512 Jones Lane is a house located in the neighborhood of Pea Ridge in Pea Ridge, Pea Ridge.
What is the average sales price for listings in 1512 Jones Lane?
The average sales price for units in 1512 Jones Lane is $0 currently.

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