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25 Meadowbrook Drive

25 Meadowbrook Drive, Conway, AR 72032
Property in Faulkner
Sold Aug 17, 2022
$150,000
$120,000 by First Security Bank
Mortgage Due Aug 14, 2025
Sold Dec 12, 2016
$92,000
$94,500 by Simmons Bank
Mortgage Due Dec 10, 2021
Local assessors in Conway, AR have categorized 25 Meadowbrook Drive as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 10,677 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 25 Meadowbrook Drive has a total of 1,260 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 260 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame 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 style roof that was made of shingle (not wood). 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. 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, 25 Meadowbrook Drive sold most recently in Aug 15, 2022 for a total of $150,000. If you work out the math, that's approximately a cost of $119.05 per sqft. Before that, the property was also sold for $92,000 in Dec 9, 2016. 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 $1,158 in taxes each year. 25 Meadowbrook Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,890. If we break it down further, the land itself was valued at $3,600. Improvements to the property, however, were assessed at a total of $19,290. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,677
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK SUB PT CURETON SUB
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLK 2 MEADOWBROOK SUB PT OF CURETON SUB

Ownership

  • Current Owner : J & R ELLIS PROPERTIES LLC
  • Previous Owner : SAXTON FAMILY PROPERTIES LLC
  • Owner Before Previous Owner: WOOSLEY KEITH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Conway Public Schools
  • Census Tract: 030502

Geography

  • Parcel: 710-04731-000
  • Block: 2
  • Lot: 16
  • Meridian: SEC 01 TWN 05N RNG 14W
  • Municipality: CONWAY CITY
  • Latitude: 35.106
  • Longitude: -92.4487

    Address

  • Full Address: 25 Meadowbrook Dr
  • Address - House Number: 25
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Conway
  • Carrier Code: C019
  • 4-Digit Zip Code: 2623
  • Zip Code: 72032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,158
  • Tax Rate Code Area: 1C

    Appraisal Valuation

  • Standard Deviation: 0.2299
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 68
  • Final Value: 163,194
  • High Value: 200,719
  • Low Value: 125,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: FIRST SECURITY BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 14, 2025

    Market Valuation

  • Market Total Value: $114,450
  • Market Land Value: $18,000
  • Market Improvement Value: $96,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,890
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $19,290

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Transaction ID: 11894743078
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14907
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Contract Date: Dec 09, 2016
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SECURITY BANK
  • First Mortgage Transaction Date: Aug 17, 2022
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 14, 2025

    Previous Mortgages

  • Previous Mortgage Lender: SIMMONS BANK
  • Previous Mortgage Transaction Date: Dec 12, 2016
  • Previous Mortgage Loan Amount: $94,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 10, 2021

About Conway



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Frequently Asked Questions

What neighborhood is 25 Meadowbrook Drive located in?
The 25 Meadowbrook Drive is a located in the neighborhood of Faulkner in Conway, Conway.
What is the average sales price for listings in 25 Meadowbrook Drive?
The average sales price for units in 25 Meadowbrook Drive is $0 currently.

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