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2320 County Rd 380

2320 County Rd 380, Bono, AR 72416
Property in Craighead
Sold Oct 08, 2021
$389,900
$370,405 by Everett Financial Inc
Mortgage Due Nov 01, 2051
Sold Sep 02, 2014
$110,000
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. 2320 County Rd 380 has 2,410 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 290,545 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of metal. For those who need parking, there is a carport. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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, 2320 County Rd 380 sold most recently in Oct 6, 2021 for a total of $389,900. If you work out the math, that's approximately a cost of $161.78 per sqft. Before that, the property was also sold for $110,000 in Jan 1, 1970. 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 $1,794 in taxes each year. 2320 County Rd 380 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $50,419. If we break it down further, the land itself was valued at $6,007. Improvements to the property, however, were assessed at a total of $44,412. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 290,545
  • Total Building Area: 2,410
  • Building Area: 2,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 6.67
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: PT NW NW

Ownership

  • Current Owner : MCELHANNON SHAWN ROBERT
  • Current Owner 2: MCELHANNON SHERRY LYNN
  • Previous Owner : COKER JOHN R
  • Previous Owner 2: COKER DENISE H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westside Consolidated School District
  • School Tax School District: WESTSIDE
  • Census Tract: 001200

Geography

  • Parcel: 12-153212-00610
  • Meridian: SEC 21 TWN 15 RNG 03
  • Municipality: WESTSIDE RURAL
  • Latitude: 35.9222
  • Longitude: -90.7791

    Address

  • Full Address: 2320 County Road 380
  • Address - House Number: 2320
  • Address - Street Name: County Road 380
  • State: AR
  • City Name: Bono
  • Carrier Code: R042
  • 4-Digit Zip Code: 8619
  • Zip Code: 72416

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,794
  • Tax Rate Code Area: WS

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 91
  • Final Value: 478,815
  • High Value: 524,626
  • Low Value: 433,003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,405
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $370,405
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $252,095
  • Market Land Value: $30,035
  • Market Improvement Value: $222,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,419
  • Assessed Land Value: $6,007
  • Assessed Improvements Value: $44,412

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11860031499
  • Current Sale Price: $389,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R-024632
  • Previous Sale Recording Date: Sep 02, 2014
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $370,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Craighead



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Frequently Asked Questions

What neighborhood is 2320 County Rd 380 located in?
The 2320 County Rd 380 is a located in the neighborhood of Craighead in Craighead, Bono.
What is the average sales price for listings in 2320 County Rd 380?
The average sales price for units in 2320 County Rd 380 is $0 currently.

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