Check Availability

3950 Red Oak Terrace

3950 Red Oak Terrace, Harrison, AR 72601
Property in Boone
Sold Jul 21, 2023
$288,000
$68,000 by Flat Branch Mortgage, Inc.
Mortgage Due Aug 01, 2053
Sold Oct 31, 2014
$148,900
$148,900 by Navy Fcu
Mortgage Due Nov 01, 2044
Local assessors in Harrison, AR have categorized 3950 Red Oak Terrace as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 37,462 square feet. The linear feet between the front and back of the lot was measured at 970 ft and the front of the lot was measured at 2,660 ft. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3950 Red Oak Terrace has a total of 1,661 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 1,306 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 3950 Red Oak Terrace sold most recently in Jul 21, 2023 for a total of $288,000. If you work out the math, that's approximately a cost of $173.39 per sqft. Before that, the property was also sold for $148,900 in Oct 31, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,291 in taxes each year. 3950 Red Oak Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,050. If we break it down further, the land itself was valued at $3,600. Improvements to the property, however, were assessed at a total of $28,450. 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. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Carport
Attached Garage
Detached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 1,306
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 37,462
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 2,660
  • Total Building Area: 1,661
  • Building Area: 1,661
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,661
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING OAKS PH II
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 29

Ownership

  • Current Owner : FARRELL BRIAN JOSEPH
  • Current Owner 2: FARRELL JOY LEE
  • Previous Owner : ASBRIDGE TERRY R
  • Previous Owner 2: ASBRIDGE DEBORAH S
  • Owner Before Previous Owner: LOGAN CARVEL H
  • Owner Before Previous Owner 2: LOGAN JANET J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Harrison School District
  • School Tax School District: HARRISON
  • Census Tract: 790400

Geography

  • District: 486
  • Parcel: 486-00029-000
  • Lot: 29
  • Meridian: SEC 02 TWN 18 RNG 21
  • Municipality: HARRISON
  • Latitude: 36.2371
  • Longitude: -93.1716

    Address

  • Full Address: 3950 Red Oak Ter
  • Address - House Number: 3950
  • Address - Street Name: Red Oak
  • Address - Suffix Type: Ter
  • State: AR
  • City Name: Harrison
  • Carrier Code: R014
  • 4-Digit Zip Code: 9686
  • Zip Code: 72601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,291
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1072
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 89
  • Final Value: 289,216
  • High Value: 320,237
  • Low Value: 258,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: FLAT BRANCH MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Jul 21, 2023
  • First Open Lien Mortgage Loan Amount: $68,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $160,250
  • Market Land Value: $18,000
  • Market Improvement Value: $142,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,050
  • Assessed Land Value: $3,600
  • Assessed Improvements Value: $28,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 21, 2023
  • Current Sale Transaction ID: 11909816366
  • Current Sale Price: $288,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4136
  • Previous Sale Recording Date: Oct 31, 2014
  • Previous Sale Contract Date: Oct 31, 2014
  • Previous Sale Amount: $148,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH MORTGAGE, INC.
  • First Mortgage Transaction Date: Jul 21, 2023
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Oct 31, 2014
  • Previous Mortgage Loan Amount: $148,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Boone



Similar Buildings

Property at 3950 Red Oak Terrace,

3872 Sandstone Drive

  • 1 Unit for Sale
3872 Sandstone Drive, Harrison, AR 72601
Property at 3950 Red Oak Terrace,

4019 Savannah Drive

  • 1 Unit for Sale
4019 Savannah Drive, Harrison, AR 72601
Property at 3950 Red Oak Terrace,

4567 Casey Lane

  • 1 Unit for Sale
4567 Casey Lane, Harrison, AR 72601

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 3950 Red Oak Terrace located in?
The 3950 Red Oak Terrace is a located in the neighborhood of Boone in Boone, Harrison.
What is the average sales price for listings in 3950 Red Oak Terrace?
The average sales price for units in 3950 Red Oak Terrace is $0 currently.

Quantcast