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2 Sombrecama Lane

2 Sombrecama Lane, Hot Springs Village, AR 71909
Property in Saline
Sold Dec 13, 2016
$120,000
$122,580 by Arvest Bank
Mortgage Due Dec 01, 2046
Sold Feb 22, 2006
$23,000
$101,600 by Arkansas Federal Credit Union
Mortgage Due Mar 01, 2036
Local assessors in Hot Springs Village, AR have categorized 2 Sombrecama Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 12,512 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 920 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 2 Sombrecama Lane has a total of 1,300 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 frame 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 gable style roof that was made of asphalt. Lots of wood 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, 2 Sombrecama Lane sold most recently in Nov 4, 2016 for a total of $120,000. If you work out the math, that's approximately a cost of $92.31 per sqft. Before that, the property was also sold for $23,000 in Feb 16, 2006. 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 $506 in taxes each year. 2 Sombrecama Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,298. If we break it down further, the land itself was valued at $5,800. Improvements to the property, however, were assessed at a total of $23,498. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,512
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ESCOCIA
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2016-023593

Ownership

  • Current Owner : BURK RAYMOND D
  • Current Owner 2: JACKSON BURK MELANIE
  • Previous Owner : ONEAL STEVEN R
  • Previous Owner 2: ONEAL MELODI ANN
  • Owner Before Previous Owner: REED RANDY G
  • Owner Before Previous Owner 2: REED TERRIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fountain Lake School District
  • School Tax School District: FOUNTAIN LAKE
  • Census Tract: 010516

Geography

  • Parcel: 528-00104-000
  • Block: 3
  • Lot: 1
  • Meridian: SEC 06 TWN 01S RNG 18W
  • Municipality: HOT SPRINGS VILLAGE
  • Latitude: 34.6727
  • Longitude: -92.9742

    Address

  • Full Address: 2 Sombrecama Ln
  • Address - House Number: 2
  • Address - Street Name: Sombrecama
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: C062
  • 4-Digit Zip Code: 7621
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.2512
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 222,088
  • High Value: 277,898
  • Low Value: 166,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,580
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Dec 13, 2016
  • First Open Lien Mortgage Loan Amount: $122,580
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Market Valuation

  • Market Total Value: $146,490
  • Market Land Value: $29,000
  • Market Improvement Value: $117,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,298
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $23,498

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2016
  • Current Sale Recording Date: Dec 13, 2016
  • Current Sale Transaction ID: 1974635195
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 22, 2006
  • Previous Sale Contract Date: Feb 16, 2006
  • Previous Sale Amount: $23,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Dec 13, 2016
  • First Mortgage Loan Amount: $122,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ARKANSAS FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Feb 22, 2006
  • Previous Mortgage Loan Amount: $101,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 2 Sombrecama Lane located in?
The 2 Sombrecama Lane is a located in the neighborhood of Saline in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 2 Sombrecama Lane?
The average sales price for units in 2 Sombrecama Lane is $0 currently.

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