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405 Markwood Drive

405 Markwood Drive, Little Rock, AR 72205
Property in Midtown
Sold Apr 15, 2016
Transfer
$225,692 by Rocket Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Nov 13, 2015
$172,400
$176,106 by Veterans United Home Loans
Mortgage Due Dec 01, 2045
405 Markwood Drive has been categorized by the local assessors in Little Rock, AR as a residential type of property. The building on the property was first built in 1972 and is 52 years old. Residents will have access to 2 full bathrooms. There are 3 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, 405 Markwood Drive has 2,362 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 12,197 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

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. The garage measured 360 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 brick 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 asphalt. The exterior walls of the building are made of a combination of material. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $172,400 in Oct 12, 2015. Current property owners are expected to pay $2,904 in taxes per year. The property on 405 Markwood Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,416. To break that down further, the land itself was valued at $8,200. While improvements to the property were assessed at a total of $39,216. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,362
  • Gross Building Area: 2,362
  • Building Area: 2,362
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,362
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KAYLIN HILLS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HENRY THOMAS J
  • Current Owner 2: TERRY CARLA Y
  • Previous Owner : HENRY THOMAS J
  • Owner Before Previous Owner: GRADY CONNOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 002104

Geography

  • Parcel: 44L-019-00-011-00
  • Lot: 10
  • Meridian: SEC 01 TWN 01N RNG 13W
  • Municipality: LITTLE ROCK
  • Latitude: 34.756
  • Longitude: -92.3641

    Address

  • Full Address: 405 Markwood Dr
  • Address - House Number: 405
  • Address - Street Name: Markwood
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C034
  • 4-Digit Zip Code: 2457
  • Zip Code: 72205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,904
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 285,586
  • High Value: 352,492
  • Low Value: 218,680

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,692
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $225,692
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $237,080
  • Market Land Value: $41,000
  • Market Improvement Value: $196,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,416
  • Assessed Land Value: $8,200
  • Assessed Improvements Value: $39,216

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2016
  • Current Sale Recording Date: Apr 15, 2016
  • Current Sale Transaction ID: 1551195730
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2016022358
  • Previous Sale Recording Date: Nov 13, 2015
  • Previous Sale Contract Date: Oct 12, 2015
  • Previous Sale Amount: $172,400
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: VETERANS UNITED HOME LOANS
  • First Mortgage Transaction Date: Apr 15, 2016
  • First Mortgage Loan Amount: $179,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS UNITED HOME LOANS
  • Previous Mortgage Transaction Date: Nov 13, 2015
  • Previous Mortgage Loan Amount: $176,106
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2045

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Frequently Asked Questions

What neighborhood is 405 Markwood Drive located in?
The 405 Markwood Drive is a located in the neighborhood of Midtown in Midtown, Little Rock.
What is the average sales price for listings in 405 Markwood Drive?
The average sales price for units in 405 Markwood Drive is $0 currently.

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