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1856 North Albany Lane

1856 North Albany Lane, Fayetteville, AR 72704
Property in Washington
Sold Feb 21, 2023
$253,500
$228,150 by Simmons Bank
Mortgage Due Mar 01, 2053
Sold Aug 18, 2020
$140,000
$133,000 by Iberiabank
Mortgage Due Sep 01, 2050
1856 North Albany Lane in Fayetteville, AR was first built in 1994 and is 30 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. 1856 North Albany Lane has 1,353 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. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1856 North Albany Lane was last sold in Feb 17, 2023 for $253,500. According to our calculations, that's $187.36 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Aug 17, 2020. Current property owners are expected to pay $1,462 in taxes per year. The property on 1856 North Albany Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $49,340. To break that down further, the land itself was valued at $14,850. While improvements to the property were assessed at a total of $34,490. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,353
  • Building Area: 1,353
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,353
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT VIEW ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FORST ALEXANDRA
  • Previous Owner : GATES JAMES THEODORE
  • Previous Owner 2: GATES ALICIA MARIE
  • Owner Before Previous Owner: KEEPING TRY
  • Owner Before Previous Owner 2: KEEPING MARRYAM
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 010516

Geography

  • Subdivision Phase Number: I
  • Parcel: 765-18302-000
  • Lot: 22
  • Meridian: SEC 06 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0875
  • Longitude: -94.2098

    Address

  • Full Address: 1856 N Albany Ln
  • Address - House Number: 1856
  • Street Direction: N
  • Address - Street Name: Albany
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: R021
  • 4-Digit Zip Code: 5380
  • Zip Code: 72704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,462
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 271,977
  • High Value: 325,035
  • Low Value: 218,918

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,150
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Feb 21, 2023
  • First Open Lien Mortgage Loan Amount: $228,150
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $246,700
  • Market Land Value: $74,250
  • Market Improvement Value: $172,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,340
  • Assessed Land Value: $14,850
  • Assessed Improvements Value: $34,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Transaction ID: 11902374078
  • Current Sale Price: $253,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4209
  • Previous Sale Recording Date: Aug 18, 2020
  • Previous Sale Contract Date: Aug 17, 2020
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Feb 21, 2023
  • First Mortgage Loan Amount: $228,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Aug 18, 2020
  • Previous Mortgage Loan Amount: $133,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 1856 North Albany Lane located in?
The 1856 North Albany Lane is a located in the neighborhood of Washington in Fayetteville, Fayetteville.
What is the average sales price for listings in 1856 North Albany Lane?
The average sales price for units in 1856 North Albany Lane is $0 currently.

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