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2601 Royal Scots Way

2601 Royal Scots Way, Fort Smith, AR 72908
Sold Nov 09, 2017
$152,000
$42,000 by Arvest Bank
Mortgage Due Dec 01, 2032
Sold Sep 26, 2006
$144,000
2601 Royal Scots Way has been categorized by the local assessors in Fort Smith, AR as a residential type of property. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2601 Royal Scots Way has 1,759 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 12,800 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 attached garage for those who require parking. The garage measured 550 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 masonry 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 fiberglass. The exterior walls of the building are made of brick veneer. 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. 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, 2601 Royal Scots Way sold most recently in Nov 8, 2017 for a total of $152,000. If you work out the math, that's approximately a cost of $86.41 per sqft. Before that, the property was also sold for $144,000 in Sep 22, 2006. 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 $1,755 in taxes each year. 2601 Royal Scots Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $33,420. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $22,420. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,800
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,759
  • Building Area: 1,759
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,759
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIANNA ESTATES
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1291

Ownership

  • Current Owner : PATTERSON CLAUDE LEO
  • Current Owner 2: PATTERSON SARAH J
  • Previous Owner : WELLS ROBERT JOSEPH
  • Owner Before Previous Owner: CURRY JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Smith Public Schools
  • School Tax School District: FORT SMITH
  • School Tax District Code 2: FT SMITH
  • Census Tract: 001311

Geography

  • Parcel: 12584-1291-00000-00
  • Lot: 1291
  • Meridian: SEC 16 TWN 07 RNG 32
  • Municipality: FORT SMITH CITY
  • Latitude: 35.2884
  • Longitude: -94.4083

    Address

  • Full Address: 2601 Royal Scots Way
  • Address - House Number: 2601
  • Address - Street Name: Royal Scots
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Fort Smith
  • Carrier Code: C059
  • 4-Digit Zip Code: 0918
  • Zip Code: 72908

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,755
  • Tax Rate Code Area: 99FS

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 67
  • Final Value: 242,348
  • High Value: 299,375
  • Low Value: 185,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,000
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Nov 09, 2017
  • First Open Lien Mortgage Loan Amount: $42,000
  • 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, 2032

    Market Valuation

  • Market Total Value: $167,100
  • Market Land Value: $55,000
  • Market Improvement Value: $112,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,420
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $22,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2017
  • Current Sale Recording Date: Nov 09, 2017
  • Current Sale Transaction ID: 11321536545
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017F-24513
  • Previous Sale Recording Date: Sep 26, 2006
  • Previous Sale Contract Date: Sep 22, 2006
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Nov 09, 2017
  • First Mortgage Loan Amount: $42,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2032

About Fianna Hills



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Frequently Asked Questions

What neighborhood is 2601 Royal Scots Way located in?
The 2601 Royal Scots Way is a house located in the neighborhood of Fianna Hills in Fianna Hills, Fort Smith.
What is the average sales price for listings in 2601 Royal Scots Way?
The average sales price for units in 2601 Royal Scots Way is $0 currently.

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