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306 West Thurman Street

306 West Thurman Street, Prairie Grove, AR 72753
House in Washington
Sold Nov 21, 2022
$112,000
$89,500 by Arvest Bank
Mortgage Due Nov 16, 2027
Sold Mar 03, 2020
$77,000
$77,777 by Community Mortgage Corp
Mortgage Due Apr 01, 2050
306 West Thurman Street has been categorized by the local assessors in Prairie Grove, AR as a residential type of property. The building on the property was first built in 1921 and is 103 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 306 West Thurman Street has 600 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 8,093 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 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 C- 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 rock and stone. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 306 West Thurman Street was last sold in Nov 16, 2022 for $112,000. According to our calculations, that's $186.67 per sqft. Prior to that sales transaction, the property was sold for $77,000 in Mar 2, 2020. Current property owners are expected to pay $869 in taxes per year. The property on 306 West Thurman Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $16,100. To break that down further, the land itself was valued at $5,200. While improvements to the property were assessed at a total of $10,900. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Masonry
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,093
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: A.B. NEALS ADD
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A.B. NEALS ADD, LOT 15 BLOCK 3 ALSO PT. E-W ALLEY S 10 FT FURTHER DESCRIBED FROM 2020-6712 AS: LOT 15, BLOCK 3, A.B. NEAL ADD

Ownership

  • Current Owner : THURMAN COTTAGE LLC
  • Previous Owner : HART BENJAMIN ELLIS
  • Owner Before Previous Owner: MCNAMARA MELISSA
  • Owner Before Previous Owner 2: LAWSON ADAM WALKER
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Prairie Grove School District
  • School Tax School District: PRAIRIE GROVE
  • School Tax District Code 2: PRAIRIE GROVE
  • Census Tract: 011002

Geography

  • Parcel: 805-19517-000
  • Block: 3
  • Lot: 15
  • Meridian: SEC 18 TWN 15 RNG 31
  • Municipality: PRAIRIE GROVE
  • Latitude: 35.973
  • Longitude: -94.321

    Address

  • Full Address: 306 W Thurman St
  • Address - House Number: 306
  • Street Direction: W
  • Address - Street Name: Thurman
  • Address - Suffix Type: St
  • State: AR
  • City Name: Prairie Grove
  • Carrier Code: R007
  • 4-Digit Zip Code: 3117
  • Zip Code: 72753

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $869
  • Tax Rate Code Area: 231

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 71
  • Final Value: 115,297
  • High Value: 139,730
  • Low Value: 90,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $89,500
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Nov 21, 2022
  • First Open Lien Mortgage Loan Amount: $89,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 16, 2027

    Market Valuation

  • Market Total Value: $80,500
  • Market Land Value: $26,000
  • Market Improvement Value: $54,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,100
  • Assessed Land Value: $5,200
  • Assessed Improvements Value: $10,900

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Transaction ID: 11898914124
  • Current Sale Price: $112,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37648
  • Previous Sale Recording Date: Mar 03, 2020
  • Previous Sale Contract Date: Mar 02, 2020
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Nov 21, 2022
  • First Mortgage Loan Amount: $89,500
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Nov 16, 2027

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 03, 2020
  • Previous Mortgage Loan Amount: $77,777
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Prairie Grove



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Frequently Asked Questions

What neighborhood is 306 West Thurman Street located in?
The 306 West Thurman Street is a house located in the neighborhood of Washington in Prairie Grove, Prairie Grove.
What is the average sales price for listings in 306 West Thurman Street?
The average sales price for units in 306 West Thurman Street is $0 currently.

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