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1818 Lana Road

1818 Lana Road, Mansfield, AR 72944
Property in Sebastian
Sold Jun 15, 2022
$207,000
$203,250 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2052
Sold Jan 11, 2022
$205,000
$164,000 by American Financial Resources I
Mortgage Due Feb 01, 2052
Local assessors in Mansfield, AR have categorized 1818 Lana Road as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 380,714 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. 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 1818 Lana Road has a total of 1,326 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. 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-. 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. 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, 1818 Lana Road sold most recently in Jun 9, 2022 for a total of $207,000. If you work out the math, that's approximately a cost of $156.11 per sqft. Before that, the property was also sold for $205,000 in Jan 10, 2022. 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 $127 in taxes each year. 1818 Lana Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $11,350. If we break it down further, the land itself was valued at $1,390. Improvements to the property, however, were assessed at a total of $9,960. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Building Quality: C-
  • Building Style: Mobile home
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 380,714
  • Total Building Area: 1,326
  • Building Area: 1,326
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE LAKE PHASE B-MANS SD
  • Land Acres: 8.74
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: TRACT 4 & PT TRACT 5

Ownership

  • Current Owner : TAYLOR KARI
  • Previous Owner : CLAYWELL
  • Previous Owner 2: SHELLEY
  • Owner Before Previous Owner: DUNN FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Mansfield School District
  • School Tax School District: MANSFIELD
  • Census Tract: 010303

Geography

  • Subdivision Tract Number: 4,5
  • Parcel: 60526-0002-00000-00
  • Lot: 4,PT5
  • Meridian: SEC 04 TWN 04 RNG 31
  • Municipality: MANSFIELD RURAL
  • Latitude: 35.0564
  • Longitude: -94.2885

    Address

  • Full Address: 1818 Lana Rd
  • Address - House Number: 1818
  • Address - Street Name: Lana
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Mansfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2616
  • Zip Code: 72944

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127
  • Tax Rate Code Area: 76

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 169,430
  • High Value: 204,547
  • Low Value: 134,313

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $217,265
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $203,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Jun 07, 2023
  • Second Open Lien Mortgage Loan Amount: $7,736
  • Second Open Lien Mortgage Term: 348
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2052
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Mar 25, 2024
  • Third Open Lien Mortgage Loan Amount: $6,279
  • Third Open Lien Mortgage Term: 339
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $56,750
  • Market Land Value: $6,950
  • Market Improvement Value: $49,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,350
  • Assessed Land Value: $1,390
  • Assessed Improvements Value: $9,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Transaction ID: 11890265925
  • Current Sale Price: $207,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14636
  • Previous Sale Recording Date: Jan 11, 2022
  • Previous Sale Contract Date: Jan 10, 2022
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 15, 2022
  • First Mortgage Loan Amount: $203,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • Previous Mortgage Transaction Date: Jan 11, 2022
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2052

About Sebastian



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Frequently Asked Questions

What neighborhood is 1818 Lana Road located in?
The 1818 Lana Road is a located in the neighborhood of Sebastian in Sebastian, Mansfield.
What is the average sales price for listings in 1818 Lana Road?
The average sales price for units in 1818 Lana Road is $0 currently.

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