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2311 Elmwood Avenue

2311 Elmwood Avenue, Lowell, AR 72745
Property in Benton
Sold Sep 11, 2020
$245,500
$247,979 by Priority Bank
Mortgage Due Oct 01, 2050
Sold Oct 16, 2017
$231,540
$227,346 by Priority Bank
Mortgage Due Nov 01, 2047
2311 Elmwood Avenue in Lowell, AR was first built in 2017 and is 7 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2311 Elmwood Avenue has 2,076 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 8,712 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 400 sqft. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of masonry. 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. 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, 2311 Elmwood Avenue sold most recently in Sep 9, 2020 for a total of $245,500. If you work out the math, that's approximately a cost of $118.26 per sqft. Before that, the property was also sold for $231,540 in Oct 13, 2017. 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 $2,715 in taxes each year. 2311 Elmwood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $51,030. If we break it down further, the land itself was valued at $13,000. Improvements to the property, however, were assessed at a total of $38,030. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,076
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD SUB PH III-LOWELL
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 12/16/2016 2016-934 THRU 939 & CORRECTION PLAT 1/17/2017 2017/30 - 35

Ownership

  • Current Owner : SANTOS LUCAS
  • Current Owner 2: SANTOS BRITTANY
  • Previous Owner : BRASWELL JOEL
  • Previous Owner 2: BRASWELL STEPHANIE
  • Owner Before Previous Owner: RC LAKEWOOD III LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springdale School District
  • Census Tract: 021316

Geography

  • District: 12
  • Parcel: 12-03476-000
  • Lot: 44
  • Meridian: SEC 04 TWN 18 RNG 30
  • Municipality: LOWELL
  • Latitude: 36.2588
  • Longitude: -94.1887

    Address

  • Full Address: 2311 Elmwood Ave
  • Address - House Number: 2311
  • Address - Street Name: Elmwood
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Lowell
  • Carrier Code: R008
  • 4-Digit Zip Code: 6015
  • Zip Code: 72745

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,715
  • Tax Rate Code Area: CL30

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 75
  • Final Value: 381,218
  • High Value: 452,117
  • Low Value: 310,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $247,979
  • First Open Lien Mortgage Lender: PRIORITY BANK
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $247,979
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $255,150
  • Market Land Value: $65,000
  • Market Improvement Value: $190,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,030
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $38,030

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11787083687
  • Current Sale Price: $245,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020057027
  • Previous Sale Recording Date: Oct 16, 2017
  • Previous Sale Contract Date: Oct 13, 2017
  • Previous Sale Amount: $231,540
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIORITY BANK
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $247,979
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIORITY BANK
  • Previous Mortgage Transaction Date: Oct 16, 2017
  • Previous Mortgage Loan Amount: $227,346
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Lowell



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Frequently Asked Questions

What neighborhood is 2311 Elmwood Avenue located in?
The 2311 Elmwood Avenue is a located in the neighborhood of Benton in Lowell, Lowell.
What is the average sales price for listings in 2311 Elmwood Avenue?
The average sales price for units in 2311 Elmwood Avenue is $0 currently.

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