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1821 Reservoir Road

1821 Reservoir Road, Little Rock, AR 72227
Property in Reservoir
Sold Jun 07, 2016
$189,500
$142,125 by Bancorpsouth Bank
Mortgage Due Apr 19, 2036
Sold Apr 27, 2016
$189,500
$142,125 by Bancorpsouth Bank
Mortgage Due Apr 19, 2036
Local assessors in Little Rock, AR have categorized 1821 Reservoir Road as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 9,148 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 5 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 1821 Reservoir Road has a total of 3,234 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 unknown so you'll have a great option in the back 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 hip style roof that was made of asphalt. Lots of masonry 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, 1821 Reservoir Road sold most recently in Jun 6, 2016 for a total of $189,500. If you work out the math, that's approximately a cost of $58.60 per sqft. Before that, the property was also sold for $189,500 in Apr 21, 2016. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,896 in taxes each year. 1821 Reservoir Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,369. If we break it down further, the land itself was valued at $5,400. Improvements to the property, however, were assessed at a total of $35,969. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Business/Commerical Units Count: 3
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,234
  • Gross Building Area: 3,234
  • Building Area: 3,234
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,234
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESERVOIR TOWNHOUSE ADD
  • Land Acres: 0.21
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : HUNT JASON
  • Current Owner 2: TANG ANNA
  • Previous Owner : J HOFFMAN PROPERTIES LLC
  • Owner Before Previous Owner: J HOFFMAN PROPERTIES LLC

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 002203

Geography

  • Parcel: 43L-160-06-001-00
  • Lot: 1
  • Meridian: SEC 35 TWN 02N RNG 13W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7688
  • Longitude: -92.3756

    Address

  • Full Address: 1821 Reservoir Rd
  • Address - House Number: 1821
  • Address - Street Name: Reservoir
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C024
  • 4-Digit Zip Code: 4955
  • Zip Code: 72227

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,896
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 215,273
  • High Value: 243,266
  • Low Value: 187,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,125
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Jun 07, 2016
  • First Open Lien Mortgage Loan Amount: $142,125
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 19, 2036

    Market Valuation

  • Market Total Value: $206,845
  • Market Land Value: $27,000
  • Market Improvement Value: $179,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,369
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $35,969

    Sales

  • Current Sale Contract Date: Jun 06, 2016
  • Current Sale Recording Date: Jun 07, 2016
  • Current Sale Transaction ID: 1947796353
  • Current Sale Price: $189,500
  • Current Sale Document Type: Correction Deed
  • Current Sale Input Document Number: 2016034493
  • Previous Sale Recording Date: Apr 27, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $189,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Jun 07, 2016
  • First Mortgage Loan Amount: $142,125
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Apr 19, 2036

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Apr 27, 2016
  • Previous Mortgage Loan Amount: $142,125
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Apr 19, 2036

About Reservoir



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Frequently Asked Questions

What neighborhood is 1821 Reservoir Road located in?
The 1821 Reservoir Road is a located in the neighborhood of Reservoir in Reservoir, Little Rock.
What is the average sales price for listings in 1821 Reservoir Road?
The average sales price for units in 1821 Reservoir Road is $0 currently.

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