Check Availability

342 School Street

342 School Street, Melbourne, AR 72556
Property in Izard
342 School Street has been categorized by the local assessors in Melbourne, AR as a type of property. The building on the property was first built in 1990 and is 36 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 342 School Street has 978 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 15,682 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 for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a . 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 control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing . 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, 342 School Street was last sold in Aug 24, 2020 for $79,500. According to our calculations, that's $81.29 per sqft. Prior to that sales transaction, the property was sold for $28,000 in Jul 13, 2018. Current property owners are expected to pay $23,045 in taxes per year. The property on 342 School Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $13,130. To break that down further, the land itself was valued at $800. While improvements to the property were assessed at a total of $12,330. 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. 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.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

Brick Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240505
05/05/2024
3 Bed
2 Bath
1212 ft²
$149,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1212 ft²
-
-
Brandy Deloach
Re/Max Edge Realty Melbourne
20180516
05/16/2018
2 Bed
2 Bath
1404 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1404 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 2
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 978
  • Building Area: 978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 978
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MELBOURNE
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • Legal Description 1: PT NW/4 SW FRL/4

Neighborhood

  • School District Name: Melbourne School District
  • School Tax School District: MELBOURNE
  • School Tax District Code 2: MELBOURNE
  • Census Tract: 960200

Geography

  • Parcel: 525-00099-000
  • Meridian: SEC 01 TWN 16N RNG 09W
  • Municipality: MELBOURNE CITY
  • Latitude: 36.0664
  • Longitude: -91.9089

    Address

  • Full Address: 342 School St
  • Address - House Number: 342
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: AR
  • City Name: Melbourne
  • Carrier Code: H080
  • 4-Digit Zip Code: 8858
  • Zip Code: 72556

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $23,045
  • Tax Rate Code Area: 120

    Appraisal Valuation

  • Standard Deviation: 0.0833
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 83
  • Final Value: 38,261
  • High Value: 41,450
  • Low Value: 35,071

    Market Valuation

  • Market Total Value: $65,650
  • Market Land Value: $4,000
  • Market Improvement Value: $61,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,130
  • Assessed Land Value: $800
  • Assessed Improvements Value: $12,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 25, 2018
  • Previous Sale Contract Date: Jul 13, 2018
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Melbourne



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 342 School Street located in?
The 342 School Street is a other located in the neighborhood of Izard in Melbourne, Melbourne.
What is the average sales price for listings in 342 School Street?
The average sales price for units in 342 School Street is $0 currently.