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3 Cottontail Drive

3 Cottontail Drive, Conway, AR 72032
House in Faulkner
Sold Feb 22, 2021
$180,000
$181,818 by Caliber Home Loans Inc
Mortgage Due Mar 01, 2051
Sold Jul 02, 2015
$133,500
$136,224 by Bank Of The Ozarks
Mortgage Due Jul 01, 2045
3 Cottontail Drive has been categorized by the local assessors in Conway, AR as a residential type of property. The building on the property was first built in 1987 and is 37 years old. 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, 3 Cottontail Drive has 1,797 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 26,733 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. 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 frame 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 composition shingle. 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, 3 Cottontail Drive sold most recently in Feb 9, 2021 for a total of $180,000. If you work out the math, that's approximately a cost of $100.17 per sqft. Before that, the property was also sold for $133,500 in Jun 30, 2015. 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 $1,349 in taxes each year. 3 Cottontail Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,980. If we break it down further, the land itself was valued at $2,400. Improvements to the property, however, were assessed at a total of $25,580. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1987
  • Effective Year Built: 1987
  • 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: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,733
  • Total Building Area: 1,797
  • Building Area: 1,797
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,797
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORREST ACRES OVERLOOK
  • Land Acres: 0.613
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 42 BLK 2 FORREST ACRES OVERLOOK LIBERTY FD 62

Ownership

  • Current Owner : GILL LAURA
  • Previous Owner : JOYCE CODY SHANE
  • Previous Owner 2: JOYCE BROOKES
  • Owner Before Previous Owner: CASTLE ROCK GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Vilonia School District
  • Census Tract: 030402

Geography

  • Parcel: 217-00136-000
  • Block: 2
  • Lot: 42
  • Meridian: SEC 35 TWN 06N RNG 13W
  • Municipality: VILONIA RURAL
  • Latitude: 35.1066
  • Longitude: -92.3547

    Address

  • Full Address: 3 Cottontail Dr
  • Address - House Number: 3
  • Address - Street Name: Cottontail
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Conway
  • Carrier Code: R010
  • 4-Digit Zip Code: 9491
  • Zip Code: 72032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,349
  • Tax Rate Code Area: 17R

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 71
  • Final Value: 231,269
  • High Value: 280,033
  • Low Value: 182,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,818
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $181,818
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $139,900
  • Market Land Value: $12,000
  • Market Improvement Value: $127,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,980
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $25,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11820237957
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103039
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Contract Date: Jun 30, 2015
  • Previous Sale Amount: $133,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $181,818
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE OZARKS
  • Previous Mortgage Transaction Date: Jul 02, 2015
  • Previous Mortgage Loan Amount: $136,224
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Faulkner



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3 Cottontail Drive located in?
The 3 Cottontail Drive is a house located in the neighborhood of Faulkner in Faulkner, Conway.
What is the average sales price for listings in 3 Cottontail Drive?
The average sales price for units in 3 Cottontail Drive is $175,000 , or $97/sqft. currently.

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