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31 Paracas Trace

31 Paracas Trace, Cherokee Village, AR 72529
House in Sharp
Sold Jan 08, 2019
$55,000
$44,000 by First Community Bank
Mortgage Due Feb 01, 2049
Sold May 03, 2013
$64,519
31 Paracas Trace has been categorized by the local assessors in Cherokee Village, AR as a residential type of property. The building on the property was first built in 1995 and is 29 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, 31 Paracas Trace has 1,369 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 2,880 ft and across the front of the lot is 350 ft. The area measurement of the land has been determined as 10,080 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 carport for those who require parking. Residents will have the luxury of enjoying a screened porch. Love to swim? You'll be excited to find out that there is a above ground pool on the property. 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 shingle (not wood). The exterior walls of the building are made of materials we are unsure of. 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, 31 Paracas Trace sold most recently in Jan 7, 2019 for a total of $55,000. If you work out the math, that's approximately a cost of $40.18 per sqft. Before that, the property was also sold for $64,519 in May 1, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $619 in taxes each year. 31 Paracas Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $18,810. If we break it down further, the land itself was valued at $500. Improvements to the property, however, were assessed at a total of $18,310. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Screened porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 10,080
  • Lot Size Depth Feet: 2,880
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,369
  • Building Area: 1,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHOCTAW FOURTH
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 46,24,CHOCTAW FOURTH

Ownership

  • Current Owner : GREEN RICHARD L
  • Current Owner 2: GREEN PATRICIA J
  • Previous Owner : MITCHELL DOROTHY ADA JANE
  • Owner Before Previous Owner: YORK JOHN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highland School District
  • School Tax School District: HIGHLAND
  • School Tax District Code 2: CHEROKEE VILLAG
  • Census Tract: 470202

Geography

  • Parcel: 244-00548-000
  • Block: 24
  • Lot: 46
  • Meridian: SEC 29 TWN 19 RNG 05
  • Municipality: CHEROKEE VLG CITY
  • Latitude: 36.2654
  • Longitude: -91.5432

    Address

  • Full Address: 31 Paracas Trce
  • Address - House Number: 31
  • Address - Street Name: Paracas
  • Address - Suffix Type: Trce
  • State: AR
  • City Name: Cherokee Village
  • Carrier Code: R005
  • 4-Digit Zip Code: 7619
  • Zip Code: 72529

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619
  • Tax Rate Code Area: 42V

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 59,379
  • High Value: 81,676
  • Low Value: 37,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jan 08, 2019
  • First Open Lien Mortgage Loan Amount: $44,000
  • 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: Feb 01, 2049

    Market Valuation

  • Market Total Value: $94,050
  • Market Land Value: $2,500
  • Market Improvement Value: $91,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,810
  • Assessed Land Value: $500
  • Assessed Improvements Value: $18,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2019
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Transaction ID: 11589761951
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1900097
  • Previous Sale Recording Date: May 03, 2013
  • Previous Sale Contract Date: May 01, 2013
  • Previous Sale Amount: $64,519
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY BANK
  • First Mortgage Transaction Date: Jan 08, 2019
  • First Mortgage Loan Amount: $44,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

About Cherokee Village



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Frequently Asked Questions

What neighborhood is 31 Paracas Trace located in?
The 31 Paracas Trace is a house located in the neighborhood of Sharp in Cherokee Village, Cherokee Village.
What is the average sales price for listings in 31 Paracas Trace?
The average sales price for units in 31 Paracas Trace is $0 currently.

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