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217 River Oaks Drive

217 River Oaks Drive, Malvern, AR 72104
House in Hot Spring
Sold Apr 09, 2021
$159,000
$111,300 by Arvest Bank
Mortgage Due Dec 01, 2050
Sold Jul 11, 2019
$12,500
Local assessors in Malvern, AR have categorized 217 River Oaks Drive as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 44,867 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 217 River Oaks Drive has a total of 1,232 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 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 or hip style roof that was made of shingle (not wood). Lots of alum/vinyl siding 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 no air conditioning for their cooling system. The home's no heating system is the primary heating source. 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, 217 River Oaks Drive was last sold in Nov 30, 2020 for $159,000. According to our calculations, that's $129.06 per sqft. Prior to that sales transaction, the property was sold for $12,500 in Jul 2, 2019. Current property owners are expected to pay $468 in taxes per year. The property on 217 River Oaks Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,735. To break that down further, the land itself was valued at $2,020. While improvements to the property were assessed at a total of $13,715. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Parking

Carport

Exterior

Metal Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 33-03S-17W
  • Land Acres: 1.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NW NW

Ownership

  • Current Owner : VAUGHN KATHLEEN A
  • Current Owner 2: VAUGHN DAVID
  • Previous Owner : MICHAEL DUMANOV
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Magnet Cove School District
  • School Tax School District: MAGNET COVE
  • Census Tract: 020101

Geography

  • Parcel: 023-00526-000
  • Meridian: SEC 33 TWN 03S RNG 17W
  • Municipality: UNINCORPORATED AREA
  • Latitude: 34.4284
  • Longitude: -92.8468

    Address

  • Full Address: 217 Riveroaks Rd
  • Address - House Number: 217
  • Address - Street Name: Riveroaks
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Malvern
  • Carrier Code: R004
  • 4-Digit Zip Code: 8992
  • Zip Code: 72104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.4752
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 4
  • Final Value: 35,956
  • High Value: 53,042
  • Low Value: 18,869

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $136,750
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $111,300
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: ARVEST BANK
  • Second Open Lien Mortgage Recording Date: Aug 24, 2021
  • Second Open Lien Mortgage Loan Amount: $25,450
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 18, 2046

    Market Valuation

  • Market Total Value: $78,675
  • Market Land Value: $10,100
  • Market Improvement Value: $68,575

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,735
  • Assessed Land Value: $2,020
  • Assessed Improvements Value: $13,715

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11889846415
  • Current Sale Price: $159,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 122
  • Previous Sale Recording Date: Jul 11, 2019
  • Previous Sale Contract Date: Jul 02, 2019
  • Previous Sale Amount: $12,500
  • Previous Sale Document Type: Special Warranty Deed

About Hot Spring



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Frequently Asked Questions

What neighborhood is 217 River Oaks Drive located in?
The 217 River Oaks Drive is a house located in the neighborhood of Hot Spring in Hot Spring, Malvern.
What is the average sales price for listings in 217 River Oaks Drive?
The average sales price for units in 217 River Oaks Drive is $0 currently.

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