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159 Falls Lane

159 Falls Lane, Heber Springs, AR 72543
House in Cleburne
Sold Dec 18, 2019
$178,000
$182,323 by Eagle Bank & Trust Co
Mortgage Due Jan 01, 2050
Sold Jan 03, 2007
$168,000
$1,134,400 by First Security Bank
Mortgage Due Jan 01, 2037
159 Falls Lane in Heber Springs, AR was first built in 1979 and is 45 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 159 Falls Lane has 1,740 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 960 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 217,800 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 18, 2019 for $178,000. That's $102.30 per sqft. Prior to that sales transaction, the property was also sold in Jan 2, 2007 for $168,000. 159 Falls Lane was last assessed in 2023. The total value of the property was assessed at $46,352. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $36,352. 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 $1,668. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 960
  • Parking Type: Offsite
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE EAST HALF OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER (E1/2 SW1/4 SW1/4 SW1/4), SECTION 26

Ownership

  • Current Owner : RAINBOLT JOSHUA J
  • Current Owner 2: RAINBOLT RACHEL L
  • Previous Owner : BODRON JAMES A
  • Previous Owner 2: BODRON DONNA H
  • Owner Before Previous Owner: CRANFORD STUART L
  • Owner Before Previous Owner 2: CRANFORD PAULA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Heber Springs School District
  • School Tax School District: HEBER SPRINGS
  • Census Tract: 480400

Geography

  • District: 001
  • Parcel: 001-05705-000
  • Meridian: SEC 26 TWN 10 RNG 10
  • Municipality: HEBER SPRINGS
  • Latitude: 35.4636
  • Longitude: -92.0403

    Address

  • Full Address: 159 Falls Ln
  • Address - House Number: 159
  • Address - Street Name: Falls
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Heber Springs
  • Carrier Code: R005
  • 4-Digit Zip Code: 9027
  • Zip Code: 72543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,668
  • Tax Rate Code Area: 102

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 64
  • Final Value: 276,494
  • High Value: 345,253
  • Low Value: 207,734

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $182,323
  • First Open Lien Mortgage Lender: EAGLE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 18, 2019
  • First Open Lien Mortgage Loan Amount: $182,323
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $231,760
  • Market Land Value: $50,000
  • Market Improvement Value: $181,760

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,352
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $36,352

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 18, 2019
  • Current Sale Transaction ID: 11711581804
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201907476
  • Previous Sale Recording Date: Jan 03, 2007
  • Previous Sale Contract Date: Jan 02, 2007
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE BANK & TRUST CO
  • First Mortgage Transaction Date: Dec 18, 2019
  • First Mortgage Loan Amount: $182,323
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: Jan 03, 2007
  • Previous Mortgage Loan Amount: $1,134,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2037

About Cleburne



Similar Buildings

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Nearby Rentals

Unit for rent at 609 N Broadway Street, Heber Springs, AR, 72543

$700 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,100 ft²
609 N Broadway Street, Heber Springs, AR, 72543 Listing by Cathy Eoff

Frequently Asked Questions

What neighborhood is 159 Falls Lane located in?
The 159 Falls Lane is a house located in the neighborhood of Cleburne in Cleburne, Heber Springs.
What is the average sales price for listings in 159 Falls Lane?
The average sales price for units in 159 Falls Lane is $0 currently.

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