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2455 Grummer Lane

2455 Grummer Lane, Conway, AR 72034
House in Faulkner
Sold Oct 29, 2020
$240,500
$216,000 by Bank Of England
Mortgage Due Nov 01, 2050
Sold Mar 21, 2006
$177,000
Buyer
Local assessors in Conway, AR have categorized 2455 Grummer Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 12,519 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2455 Grummer Lane has a total of 2,097 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 attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back 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 masonry 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 - C+. The building has a gable or hip style roof that was made of shingle (not wood). Lots of masonry were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Oct 26, 2020 for $240,500. That's $114.69 per sqft. Prior to that sales transaction, the property was also sold in Mar 17, 2006 for $177,000. 2455 Grummer Lane was last assessed in 2023. The total value of the property was assessed at $45,160. Specifically, the land the property is located on was valued at $7,200. While improvements on the property were assessed at a total of $37,960. 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 $2,285. 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. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,519
  • Total Building Area: 2,097
  • Building Area: 2,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CATHERINE PLACE SUB PHASE-III
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 111 CATHERINE PLACE SUB PHASE-III

Ownership

  • Current Owner : SHARP WILLIAM PEYTON
  • Current Owner 2: ABELS BAILEY DENICE
  • Previous Owner : DEAN MELISSA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Conway Public Schools
  • Census Tract: 031007

Geography

  • Parcel: 711-12188-114
  • Lot: 111
  • Meridian: SEC 23 TWN 05N RNG 14W
  • Municipality: CONWAY CITY
  • Latitude: 35.0614
  • Longitude: -92.4615

    Address

  • Full Address: 2455 Grummer Ln
  • Address - House Number: 2455
  • Address - Street Name: Grummer
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Conway
  • Carrier Code: R026
  • 4-Digit Zip Code: 2008
  • Zip Code: 72034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,285
  • Tax Rate Code Area: 1C

    Appraisal Valuation

  • Standard Deviation: 0.1836
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 75
  • Final Value: 314,989
  • High Value: 372,851
  • Low Value: 257,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $216,000
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $216,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $225,800
  • Market Land Value: $36,000
  • Market Improvement Value: $189,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,160
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $37,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11797013447
  • Current Sale Price: $240,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202019980
  • Previous Sale Recording Date: Mar 21, 2006
  • Previous Sale Contract Date: Mar 17, 2006
  • Previous Sale Amount: $177,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2455 Grummer Lane located in?
The 2455 Grummer Lane is a house located in the neighborhood of Faulkner in Conway, Conway.
What is the average sales price for listings in 2455 Grummer Lane?
The average sales price for units in 2455 Grummer Lane is $249,500 , or $119/sqft. currently.

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