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2527 East Lancer Street

2527 East Lancer Street, Fayetteville, AR 72703
Property in Cedarwood
Sold May 01, 2017
$214,000
$203,300 by Signature Bank Of Arkansas
Mortgage Due May 01, 2047
Sold Jul 10, 2015
Transfer
Local assessors in Fayetteville, AR have categorized 2527 East Lancer Street as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 43,560 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 2527 East Lancer Street has a total of 1,808 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 440 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. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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). Lots of materials we are unsure of 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2527 East Lancer Street was last sold in Apr 28, 2017 for $214,000. According to our calculations, that's $118.36 per sqft. Current property owners are expected to pay $1,797 in taxes per year. The property on 2527 East Lancer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $68,510. To break that down further, the land itself was valued at $15,600. While improvements to the property were assessed at a total of $52,910. 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. 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.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: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • 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: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,808
  • Building Area: 1,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDARWOOD ADD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HAYES JONATHAN
  • Current Owner 2: HAYES HANNAH
  • Previous Owner : GENTRY NANCY Y
  • Previous Owner 2: GENTRY JOHN B
  • 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: 010107

Geography

  • Subdivision Phase Number: II
  • Parcel: 765-03540-000
  • Lot: 110
  • Meridian: SEC 36 TWN 17 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0949
  • Longitude: -94.125

    Address

  • Full Address: 2527 E Lancer St
  • Address - House Number: 2527
  • Street Direction: E
  • Address - Street Name: Lancer
  • Address - Suffix Type: St
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: R027
  • 4-Digit Zip Code: 4336
  • Zip Code: 72703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,797
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 396,163
  • High Value: 465,628
  • Low Value: 326,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,300
  • First Open Lien Mortgage Lender: SIGNATURE BANK OF ARKANSAS
  • First Open Lien Mortgage Recording Date: May 01, 2017
  • First Open Lien Mortgage Loan Amount: $203,300
  • 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: May 01, 2047

    Market Valuation

  • Market Total Value: $342,550
  • Market Land Value: $78,000
  • Market Improvement Value: $264,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,510
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $52,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Transaction ID: 1812049821
  • Current Sale Price: $214,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-00012815
  • Previous Sale Recording Date: Jul 10, 2015
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIGNATURE BANK OF ARKANSAS
  • First Mortgage Transaction Date: May 01, 2017
  • First Mortgage Loan Amount: $203,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

About Cedarwood



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Frequently Asked Questions

What neighborhood is 2527 East Lancer Street located in?
The 2527 East Lancer Street is a located in the neighborhood of Cedarwood in Cedarwood, Fayetteville.
What is the average sales price for listings in 2527 East Lancer Street?
The average sales price for units in 2527 East Lancer Street is $0 currently.

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