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321 North Summit Street

321 North Summit Street, Little Rock, AR 72205
Sold May 18, 2021
$460,000
$442,100 by Simmons Bank
Mortgage Due Jul 01, 2052
Sold May 08, 2018
$410,000
$250,000 by The Malvern National Bank
Mortgage Due May 01, 2048
321 North Summit Street in Little Rock, AR was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 321 North Summit Street has 1,991 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a flat style roof made of metal. For those who need parking, there is a carport. The garage is 506 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 321 North Summit Street was last sold in May 10, 2021 for $460,000. According to our calculations, that's $231.04 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Apr 30, 2018. Current property owners are expected to pay $5,891 in taxes per year. The property on 321 North Summit Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $84,150. To break that down further, the land itself was valued at $7,400. While improvements to the property were assessed at a total of $76,750. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Shape Type: Flat
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,991
  • Gross Building Area: 1,991
  • Building Area: 1,991
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,991
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA HGTS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLK 3 VIRGINIA HGTS SECTION 4-1N-12W

Ownership

  • Current Owner : KAUPPILA CLAYTON MATTHEW
  • Current Owner 2: KAUPPILA BETH ANN
  • Previous Owner : GUERRA JAIME R
  • Owner Before Previous Owner: ECOMODERN DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 001502

Geography

  • Parcel: 34L-034-00-038-03
  • Block: 3
  • Lot: 4
  • Meridian: SEC 04 TWN 01N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7535
  • Longitude: -92.2937

    Address

  • Full Address: 321 N Summit St
  • Address - House Number: 321
  • Street Direction: N
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C009
  • 4-Digit Zip Code: 4453
  • Zip Code: 72205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,891
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 470,533
  • High Value: 578,492
  • Low Value: 362,574

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,100
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2022
  • First Open Lien Mortgage Loan Amount: $442,100
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $420,750
  • Market Land Value: $37,000
  • Market Improvement Value: $383,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,150
  • Assessed Land Value: $7,400
  • Assessed Improvements Value: $76,750

    Sales

  • Current Sale Contract Date: May 10, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11835662440
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021033908
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Apr 30, 2018
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $437,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE MALVERN NATIONAL BANK
  • Previous Mortgage Transaction Date: May 08, 2018
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

About Capital View



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Frequently Asked Questions

What neighborhood is 321 North Summit Street located in?
The 321 North Summit Street is a house located in the neighborhood of Capitol View - Stifft Station in Capital View, Little Rock.
What is the average sales price for listings in 321 North Summit Street?
The average sales price for units in 321 North Summit Street is $489,900 , or $249/sqft. currently.

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