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28 South Paddock Loop

28 South Paddock Loop, Fayetteville, AR 72701
House in Washington
Sold May 16, 2022
$120,000
$130,000 by Legacy National Bank
Mortgage Due May 11, 2027
28 South Paddock Loop has been categorized by the local assessors in Fayetteville, AR as a residential type of property. The building on the property was first built in 2019 and is 5 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 28 South Paddock Loop has 2,077 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 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 garage for those who require parking. The garage measured 484 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 B by the local assessor. The building has a gable style roof made of shingle (not wood). The exterior walls of the building are made of a combination of material. 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, 28 South Paddock Loop sold most recently in May 12, 2022 for a total of $120,000. If you work out the math, that's approximately a cost of $57.78 per sqft. 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 $3,135 in taxes each year. 28 South Paddock Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,850. If we break it down further, the land itself was valued at $9,450. Improvements to the property, however, were assessed at a total of $81,400. 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.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Concrete Exterior
Metal Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,077
  • Building Area: 2,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TREETOPS S/D
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SPINAZZE NICHOLAS EDWARD
  • Current Owner 2: SPINAZZE ASHLEY GRACE
  • Previous Owner : RED OAK HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 010110

Geography

  • Parcel: 765-30025-000
  • Lot: 6
  • Meridian: SEC 14 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.062
  • Longitude: -94.1374

    Address

  • Full Address: 28 S Paddock Loop
  • Address - House Number: 28
  • Street Direction: S
  • Address - Street Name: Paddock
  • Address - Suffix Type: Loop
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: R036
  • 4-Digit Zip Code: 4511
  • Zip Code: 72701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,135
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 465,038
  • High Value: 548,448
  • Low Value: 381,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: LEGACY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 11, 2027

    Market Valuation

  • Market Total Value: $454,250
  • Market Land Value: $47,250
  • Market Improvement Value: $407,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,850
  • Assessed Land Value: $9,450
  • Assessed Improvements Value: $81,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11888080570
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16446

About Fayetteville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$775 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 28 South Paddock Loop located in?
The 28 South Paddock Loop is a house located in the neighborhood of Washington in Fayetteville, Fayetteville.
What is the average sales price for listings in 28 South Paddock Loop?
The average sales price for units in 28 South Paddock Loop is $0 currently.

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