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408 East Adams Street

408 East Adams Street, Lincoln, AR 72744
House in Washington
Sold Aug 24, 2021
$205,000
Sold Nov 22, 2019
$158,000
$155,138 by Gateway Mortgage Group Llc
Mortgage Due Dec 01, 2049
408 East Adams Street has been categorized by the local assessors in Lincoln, AR as a residential type of property. The building on the property was first built in 2017 and is 7 years old. Residents will have access to 2 full bathrooms. There are 2 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, 408 East Adams Street has 1,646 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 43,560 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 525 sqft. Residents will have the luxury of enjoying a open porch. 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 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 hip style roof made of shingle (not wood). 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, 408 East Adams Street was last sold in Aug 23, 2021 for $205,000. According to our calculations, that's $124.54 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Nov 19, 2019. Current property owners are expected to pay $1,285 in taxes per year. The property on 408 East Adams Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $53,910. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $48,910. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Driveway

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRALY S/D
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 7-10 & E 15 FT LOT 6 BLK 9

Ownership

  • Current Owner : FORD OTHA R
  • Current Owner 2: FORD PATRICIA G
  • Previous Owner : ROSE MP H
  • Previous Owner 2: ROSE SCOTT
  • Owner Before Previous Owner: GREEN NATHAN C
  • Owner Before Previous Owner 2: GREEN BROOKELYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lincoln School District
  • School Tax School District: LINCOLN
  • School Tax District Code 2: LINCOLN
  • Census Tract: 011002

Geography

  • Parcel: 790-18408-000
  • Block: 9
  • Lot: 6-10
  • Meridian: SEC 31 TWN 15 RNG 32
  • Municipality: LINCOLN
  • Latitude: 35.9441
  • Longitude: -94.419

    Address

  • Full Address: 408 E Adams St
  • Address - House Number: 408
  • Street Direction: E
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: AR
  • City Name: Lincoln
  • Carrier Code: R001
  • 4-Digit Zip Code: 9168
  • Zip Code: 72744

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,285
  • Tax Rate Code Area: 481

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 252,534
  • High Value: 304,378
  • Low Value: 200,691

    Market Valuation

  • Market Total Value: $269,550
  • Market Land Value: $25,000
  • Market Improvement Value: $244,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,910
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $48,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11850212471
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00032513
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Nov 19, 2019
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Nov 22, 2019
  • Previous Mortgage Loan Amount: $155,138
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Lincoln



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 408 East Adams Street located in?
The 408 East Adams Street is a house located in the neighborhood of Washington in Lincoln, Lincoln.
What is the average sales price for listings in 408 East Adams Street?
The average sales price for units in 408 East Adams Street is $0 currently.

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