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3700 Colfax Way

3700 Colfax Way, Greenwood, AR 72936
House in Sebastian
Sold May 03, 2022
$465,000
$469,065 by Arvest Bank
Mortgage Due Jun 01, 2052
Sold Aug 01, 2019
$310,000
$235,000 by Farmers Bank
Mortgage Due Jul 30, 2025
3700 Colfax Way has been categorized by the local assessors in Greenwood, AR as a residential type of property. The building on the property was first built in 2012 and is 12 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3700 Colfax Way has 3,065 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 440 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 880 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 attached garage for those who require parking. The garage measured 782 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a 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 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 fiberglass. The exterior walls of the building are made of brick veneer. 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. 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, 3700 Colfax Way was last sold in Apr 28, 2022 for $465,000. According to our calculations, that's $151.71 per sqft. Prior to that sales transaction, the property was sold for $310,000 in Jul 30, 2019. Current property owners are expected to pay $2,912 in taxes per year. The property on 3700 Colfax Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,680. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $56,680. 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

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 782
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 880
  • Lot Size Depth Feet: 440
  • Lot Size Frontage Feet: 200
  • Total Building Area: 3,065
  • Building Area: 3,065
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,065
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COVE AT ASHEBURY PLACE
  • Land Acres: 0.02
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RAYBURN CONNOR
  • Previous Owner : LUDWIG DAVID
  • Previous Owner 2: LUDWIG KRISTY
  • Owner Before Previous Owner: LANE CHANCE M
  • Owner Before Previous Owner 2: LANE LORI L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Greenwood School District
  • School Tax School District: GREENWOOD
  • School Tax District Code 2: GREENWOOD
  • Census Tract: 010102

Geography

  • Parcel: 66240-0054-00000-00
  • Lot: 54
  • Meridian: SEC 09 TWN 06 RNG 30
  • Municipality: GREENWOOD CITY
  • Latitude: 35.2112
  • Longitude: -94.1975

    Address

  • Full Address: 3700 Colfax Way
  • Address - House Number: 3700
  • Address - Street Name: Colfax
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Greenwood
  • Carrier Code: R006
  • 4-Digit Zip Code: 6852
  • Zip Code: 72936

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,912
  • Tax Rate Code Area: 25GW

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 492,452
  • High Value: 603,849
  • Low Value: 381,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $469,065
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: May 03, 2022
  • First Open Lien Mortgage Loan Amount: $469,065
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $308,400
  • Market Land Value: $25,000
  • Market Improvement Value: $283,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,680
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $56,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Transaction ID: 11900415421
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10653
  • Previous Sale Recording Date: Aug 01, 2019
  • Previous Sale Contract Date: Jul 30, 2019
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: May 03, 2022
  • First Mortgage Loan Amount: $469,065
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS BANK
  • Previous Mortgage Transaction Date: Aug 01, 2019
  • Previous Mortgage Loan Amount: $235,000
  • Previous Mortgage Term: 70
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 30, 2025

About Greenwood



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Frequently Asked Questions

What neighborhood is 3700 Colfax Way located in?
The 3700 Colfax Way is a house located in the neighborhood of Sebastian in Greenwood, Greenwood.
What is the average sales price for listings in 3700 Colfax Way?
The average sales price for units in 3700 Colfax Way is $0 currently.

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