Check Availability

245 Lake Circle Drive

245 Lake Circle Drive, Salem, AR 72576
House in Fulton
Local assessors in Salem, AR have categorized 245 Lake Circle Drive as a type of property. The home was built in 2007 and is 19 years old. The property's lot size has been calculated to be 29,185 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 245 Lake Circle Drive has a total of 2,136 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 for those who need a place to park their vehicle. The garage on the property is 552 sqft. Do you like to entertain? The home has a so you'll have a great option in the front of the home. 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 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 - . The building has a style roof that was made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source. The property was last sold in Feb 22, 2007 for $10,000. That's $4.68 per sqft. 245 Lake Circle Drive was last assessed in 2023. The total value of the property was assessed at $27,000. Specifically, the land the property is located on was valued at $500. While improvements on the property were assessed at a total of $26,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $101,250. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Metal Exterior
Vinyl Siding

Parking

Garage Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20231118
11/18/2023
3 Bed
2 Bath
2136 ft²
$260,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2136 ft²
-
-
Burdetta Pendergrass
United Country Cotham & Co.
20220510
05/10/2022
3 Bed
2 Bath
2688 ft²
$289,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2688 ft²
-
-
Wesley Rogers
Westgate Realty, Inc.


Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,185
  • Total Building Area: 2,136
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000670
  • Standard Land Use Code: 1001
  • Legal Description 1: PT SE SE A/K/A LOTS 43 & 44

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM
  • Census Tract: 550201

Geography

  • Parcel: 001-05949-501
  • Lot: 43,44
  • Meridian: SEC 27 TWN 20 RNG 08
  • Municipality: SALEM - RURAL
  • Latitude: 36.356
  • Longitude: -91.8207

    Address

  • Full Address: 245 Lake Circle Dr
  • Address - House Number: 245
  • Address - Street Name: Lake Circle
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Salem
  • Carrier Code: H083
  • 4-Digit Zip Code: 8070
  • Zip Code: 72576

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $101,250
  • Tax Rate Code Area: 30R

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 264,898
  • High Value: 327,540
  • Low Value: 202,256

    Market Valuation

  • Market Total Value: $135,000
  • Market Land Value: $2,500
  • Market Improvement Value: $132,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $500
  • Assessed Improvements Value: $26,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2007
  • Current Sale Recording Date: Feb 22, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Fulton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 245 Lake Circle Drive located in?
The 245 Lake Circle Drive is a house located in the neighborhood of Fulton in Fulton, Salem.
What is the average sales price for listings in 245 Lake Circle Drive?
The average sales price for units in 245 Lake Circle Drive is $0 currently.