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2 Cedars Lane

2 Cedars Lane, Bella Vista, AR 72715
Property in Benton
Sold Jan 17, 2018
$120,000
$79,655 by Quicken Loans Inc
Mortgage Due Feb 01, 2048
Sold Aug 04, 2010
$85,000
2 Cedars Lane has been categorized by the local assessors in Bella Vista, AR as a residential type of property. 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, 2 Cedars Lane has 1,403 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 16,553 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 625 sqft. According to our sources, there are a total of 2 available parking spaces. 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 masonry 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 masonry. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2 Cedars Lane sold most recently in Jan 11, 2018 for a total of $120,000. If you work out the math, that's approximately a cost of $85.53 per sqft. Before that, the property was also sold for $85,000 in Jul 9, 2010. 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 $1,521 in taxes each year. 2 Cedars Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,690. If we break it down further, the land itself was valued at $800. Improvements to the property, however, were assessed at a total of $30,890. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • 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: 625
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,403
  • Building Area: 1,403
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,403
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERWOOD SUB-BVV
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT D-134

Ownership

  • Current Owner : PRATT CHERYL
  • Previous Owner : PRATT FRANK J
  • Previous Owner 2: PRATT CHARLOTTE A
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020803

Geography

  • District: 16
  • Parcel: 16-28186-000
  • Block: 5
  • Lot: 1
  • Meridian: SEC 21 TWN 21 RNG 31
  • Municipality: BELLA VISTA
  • Latitude: 36.4804
  • Longitude: -94.2798

    Address

  • Full Address: 2 Cedars Ln
  • Address - House Number: 2
  • Address - Street Name: Cedars
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Bella Vista
  • Carrier Code: R026
  • 4-Digit Zip Code: 5003
  • Zip Code: 72715

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,521
  • Tax Rate Code Area: CBV6

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 278,296
  • High Value: 331,457
  • Low Value: 225,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,655
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 17, 2018
  • First Open Lien Mortgage Loan Amount: $79,655
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $158,450
  • Market Land Value: $4,000
  • Market Improvement Value: $154,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,690
  • Assessed Land Value: $800
  • Assessed Improvements Value: $30,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2018
  • Current Sale Recording Date: Jan 17, 2018
  • Current Sale Transaction ID: 11383768046
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 04, 2010
  • Previous Sale Contract Date: Jul 09, 2010
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jan 17, 2018
  • First Mortgage Loan Amount: $79,655
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Feb 01, 2048

About Bella Vista



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Frequently Asked Questions

What neighborhood is 2 Cedars Lane located in?
The 2 Cedars Lane is a located in the neighborhood of Benton in Bella Vista, Bella Vista.
What is the average sales price for listings in 2 Cedars Lane?
The average sales price for units in 2 Cedars Lane is $0 currently.

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