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225 West Main Street

225 West Main Street, Walnut Ridge, AR 72476
Commercial in Lawrence
225 West Main Street has been categorized by the local assessors in Walnut Ridge, AR as a commercial type of property. This is a single story building so stairs are not necessary to access other parts of the home.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a wood truss style roof. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system. 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, 225 West Main Street was last sold in May 14, 2021 for $85,000. According to our calculations, that's $22.46 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Mar 25, 2021. Current property owners are expected to pay $718 in taxes per year. The property on 225 West Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $15,628. To break that down further, the land itself was valued at $2,250. While improvements to the property were assessed at a total of $13,378. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 3,080
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,784
  • Gross Building Area: 3,784
  • Building Area: 3,784
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: WALNUT RIDGE ORIGINAL
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: W 1/2 5 & ALL 6

Ownership

  • Current Owner : AGUILAR CARLOS
  • Previous Owner : OWENS MARY
  • Owner Before Previous Owner: THE TIMES DISPATCH INC

Neighborhood

  • School District Name: Lawrence County School District
  • School Tax School District: LAWRENCE CTY
  • School Tax District Code 2: WALNUT RIDGE
  • Census Tract: 470502

Geography

  • District: 850
  • Parcel: 850-00073-000-C
  • Block: 11
  • Municipality: WALNUT RUDGE
  • Latitude: 36.0694
  • Longitude: -90.9572

    Address

  • Full Address: 225 W Main St
  • Address - House Number: 225
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: AR
  • City Name: Walnut Ridge
  • Carrier Code: C003
  • 4-Digit Zip Code: 1934
  • Zip Code: 72476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $718
  • Tax Rate Code Area: 19WR

    Market Valuation

  • Market Total Value: $78,140
  • Market Land Value: $11,250
  • Market Improvement Value: $66,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,628
  • Assessed Land Value: $2,250
  • Assessed Improvements Value: $13,378

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11839634209
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 25, 2021
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: Mar 31, 2021
  • Previous Mortgage Loan Amount: $68,325
  • Previous Mortgage Term: 83
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Mar 25, 2028

About Walnut Ridge



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Frequently Asked Questions

What neighborhood is 225 West Main Street located in?
The 225 West Main Street is a commercial located in the neighborhood of Lawrence in Walnut Ridge, Walnut Ridge.
What is the average sales price for listings in 225 West Main Street?
The average sales price for units in 225 West Main Street is $0 currently.

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