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2395 South Cobalt Avenue

2395 South Cobalt Avenue, Fayetteville, AR 72701
Property in Washington
Sold Sep 26, 2016
$309,250
$208,600 by First Financial Bank
Mortgage Due Dec 01, 2035
Sold Jul 25, 2014
$880,000
2395 South Cobalt Avenue has been categorized by the local assessors in Fayetteville, AR as a residential type of property. The building on the property was first built in 2016 and is 8 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2395 South Cobalt Avenue has 2,506 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of materials we are unsure of. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2395 South Cobalt Avenue was last sold in Sep 22, 2016 for $309,250. According to our calculations, that's $123.40 per sqft. Prior to that sales transaction, the property was sold for $880,000 in Jan 1, 1970. Current property owners are expected to pay $3,184 in taxes per year. The property on 2395 South Cobalt Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $94,360. To break that down further, the land itself was valued at $12,150. While improvements to the property were assessed at a total of $82,210. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,506
  • Building Area: 2,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,506
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERWALK S/D PH I
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REED KYLE L
  • Current Owner 2: REED JAMI R
  • Previous Owner : RIGGINS PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 011107

Geography

  • Parcel: 765-29382-000
  • Lot: 26
  • Meridian: SEC 25 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0365
  • Longitude: -94.1205

    Address

  • Full Address: 2395 S Cobalt Ave
  • Address - House Number: 2395
  • Street Direction: S
  • Address - Street Name: Cobalt
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: R036
  • 4-Digit Zip Code: 4405
  • Zip Code: 72701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,184
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 509,646
  • High Value: 601,056
  • Low Value: 418,235

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,600
  • First Open Lien Mortgage Lender: FIRST FINANCIAL BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $208,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $471,800
  • Market Land Value: $60,750
  • Market Improvement Value: $411,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,360
  • Assessed Land Value: $12,150
  • Assessed Improvements Value: $82,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Sep 26, 2016
  • Current Sale Transaction ID: 1842481449
  • Current Sale Price: $309,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-00028168
  • Previous Sale Recording Date: Jul 25, 2014
  • Previous Sale Amount: $880,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FINANCIAL BANK
  • First Mortgage Transaction Date: Sep 26, 2016
  • First Mortgage Loan Amount: $247,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

About Fayetteville



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Frequently Asked Questions

What neighborhood is 2395 South Cobalt Avenue located in?
The 2395 South Cobalt Avenue is a located in the neighborhood of Washington in Fayetteville, Fayetteville.
What is the average sales price for listings in 2395 South Cobalt Avenue?
The average sales price for units in 2395 South Cobalt Avenue is $0 currently.

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