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454 West Van Buren Street

454 West Van Buren Street, Eureka Springs, AR 72632
Commercial in Carroll
Sold Sep 13, 2019
$14,774
$465,000 by Arvest Bank
Mortgage Due Mar 31, 2028
Sold Sep 04, 2019
$285,000
$324,668 by American Equity Bank
Mortgage Due Mar 03, 2023
Local assessors in Eureka Springs, AR have categorized 454 West Van Buren Street as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 338,461 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 454 West Van Buren Street has a total of 1,704 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 materials we are unsure of 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 no air conditioning for their cooling system. The home's no heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 10, 2019 for $14,774. That's $8.67 per sqft. Prior to that sales transaction, the property was also sold in Sep 3, 2019 for $285,000. 454 West Van Buren Street was last assessed in 2023. The total value of the property was assessed at $126,450. Specifically, the land the property is located on was valued at $53,120. While improvements on the property were assessed at a total of $73,330. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,386. The initial tax year of delinquency was in 2021. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Cedar Siding
Log Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 338,461
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILES ADDITION
  • Land Acres: 7.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NW NW

Ownership

  • Current Owner : WARD WALTER R
  • Previous Owner : COMMISSIONER OF STATE LANDS
  • Owner Before Previous Owner: EARLS DEBORAH A
  • Owner Before Previous Owner 2: COOPER CHARLES M
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Eureka Springs School District
  • School Tax School District: EUREKA SPRINGS
  • School Tax District Code 2: EUREKA SPRINGS
  • Census Tract: 950100

Geography

  • District: 925
  • Parcel: 925-00035-000
  • Meridian: SEC 16 TWN 20 RNG 26
  • Municipality: EUREKA SPRINGS
  • Latitude: 36.4045
  • Longitude: -93.7575

    Address

  • Full Address: 454 W Van Buren
  • Address - House Number: 454
  • Street Direction: W
  • Address - Street Name: Van Buren
  • State: AR
  • City Name: Eureka Springs
  • Carrier Code: R006
  • 4-Digit Zip Code: 8803
  • Zip Code: 72632

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,386
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 21E

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 65
  • Final Value: 481,119
  • High Value: 598,902
  • Low Value: 363,336

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 31, 2028

    Market Valuation

  • Market Total Value: $632,250
  • Market Land Value: $265,600
  • Market Improvement Value: $366,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,450
  • Assessed Land Value: $53,120
  • Assessed Improvements Value: $73,330

    Sales

  • Current Sale Contract Date: Sep 10, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Transaction ID: 11659342400
  • Current Sale Price: $14,774
  • Current Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.
  • Previous Sale Recording Date: Sep 04, 2019
  • Previous Sale Contract Date: Sep 03, 2019
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN EQUITY BANK
  • Previous Mortgage Transaction Date: Sep 04, 2019
  • Previous Mortgage Loan Amount: $324,668
  • Previous Mortgage Term: 41
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Mar 03, 2023

About Eureka Springs



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 454 West Van Buren Street located in?
The 454 West Van Buren Street is a commercial located in the neighborhood of Carroll in Eureka Springs, Eureka Springs.
What is the average sales price for listings in 454 West Van Buren Street?
The average sales price for units in 454 West Van Buren Street is $0 currently.

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