Check Availability

2815 Phillips Street

2815 Phillips Street, Newport, AR 72112
Property in Newport
Sold May 25, 2021
$21,500
$19,441 by First Community Bank
Mortgage Due Feb 01, 2042
Sold Jan 30, 2012
Transfer
$19,441 by First Community Bank
Mortgage Due Feb 01, 2042
Local assessors in Newport, AR have categorized 2815 Phillips Street as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 7,057 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 2815 Phillips Street has a total of 1,048 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 carport for those who need a place to park their vehicle. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 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 style roof that was made of shingle (not wood). Lots of a combination of material 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. 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, 2815 Phillips Street sold most recently in May 24, 2021 for a total of $21,500. If you work out the math, that's approximately a cost of $20.52 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 $258 in taxes each year. 2815 Phillips Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,960. If we break it down further, the land itself was valued at $1,200. Improvements to the property, however, were assessed at a total of $3,760. 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. 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.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: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,057
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEROKEE FARMS ADDITION
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLK 29

Ownership

  • Current Owner : SHERMAN ALTON E
  • Current Owner 2: SHERMAN LEIGHANN
  • Previous Owner : SHERMAN DAVID ANDREW
  • Owner Before Previous Owner: BRADY DAVID
  • Owner Before Previous Owner 2: BRADY BRENDA COMER
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT
  • School Tax District Code 2: NEWPORT
  • Census Tract: 480300

Geography

  • Parcel: 013-01191-000
  • Block: 29
  • Lot: 4
  • Meridian: SEC 06 TWN 11 RNG 02
  • Municipality: NEWPORT CITY
  • Latitude: 35.6092
  • Longitude: -91.2475

    Address

  • Full Address: 2815 Phillips St
  • Address - House Number: 2815
  • Address - Street Name: Phillips
  • Address - Suffix Type: St
  • State: AR
  • City Name: Newport
  • Carrier Code: R002
  • 4-Digit Zip Code: 4654
  • Zip Code: 72112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $258
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.4573
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 8
  • Final Value: 215,557
  • High Value: 314,137
  • Low Value: 116,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $19,441
  • First Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jan 30, 2012
  • First Open Lien Mortgage Loan Amount: $19,441
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2042

    Market Valuation

  • Market Total Value: $24,800
  • Market Land Value: $6,000
  • Market Improvement Value: $18,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,960
  • Assessed Land Value: $1,200
  • Assessed Improvements Value: $3,760

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836595957
  • Current Sale Price: $21,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 30, 2012
  • Previous Sale Contract Date: Jan 27, 2012
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jan 30, 2012
  • Previous Mortgage Loan Amount: $19,441
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About Newport



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2815 Phillips Street located in?
The 2815 Phillips Street is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 2815 Phillips Street?
The average sales price for units in 2815 Phillips Street is $0 currently.

Nearby Counties
Quantcast