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475 Hempstead

475 Hempstead, Hope, AR 71801
House in Hempstead
Sold Aug 21, 2017
$32,000
Sold May 27, 2008
$62,000
475 Hempstead has been categorized by the local assessors in Hope, AR as a residential type of property. The building on the property was first built in 1980 and is 44 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 475 Hempstead has 1,150 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 105,415 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 frame 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 shingle (not wood). The exterior walls of the building are made of a material which is produced from two or more constituent materials. 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. 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, 475 Hempstead sold most recently in Aug 18, 2017 for a total of $32,000. If you work out the math, that's approximately a cost of $27.83 per sqft. Before that, the property was also sold for $62,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $80 in taxes each year. 475 Hempstead was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $12,050. If we break it down further, the land itself was valued at $2,020. Improvements to the property, however, were assessed at a total of $10,030. 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. 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!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

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 105,415
  • Total Building Area: 1,150
  • Building Area: 1,150
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,150
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RURAL METES & BOUNDS
  • Land Acres: 2.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT SW NW

Ownership

  • Current Owner : WEST INVESTMENTS OF HOPE LLC
  • Previous Owner : DANIELS JAMES EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Pike County School District
  • School Tax School District: HOPE
  • Census Tract: 480400

Geography

  • Parcel: 001-01367-001
  • Meridian: SEC 18 TWN 13 RNG 23
  • Municipality: RURAL
  • Latitude: 33.6191
  • Longitude: -93.5308

    Address

  • Full Address: 475 Hempstead 52
  • Address - House Number: 475
  • Address - Street Name: Hempstead 52
  • State: AR
  • City Name: Hope
  • Carrier Code: R002
  • 4-Digit Zip Code: 6145
  • Zip Code: 71801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80
  • Tax Rate Code Area: 102

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 62,550
  • High Value: 70,063
  • Low Value: 55,036

    Market Valuation

  • Market Total Value: $60,250
  • Market Land Value: $10,100
  • Market Improvement Value: $50,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,050
  • Assessed Land Value: $2,020
  • Assessed Improvements Value: $10,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2017
  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Transaction ID: 1732707100
  • Current Sale Price: $32,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 27, 2008
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST NATIONAL BANK OF HEB
  • First Mortgage Transaction Date: Aug 21, 2017
  • First Mortgage Loan Amount: $34,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 17, 2022

About Hempstead



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Frequently Asked Questions

What neighborhood is 475 Hempstead located in?
The 475 Hempstead is a house located in the neighborhood of Hempstead in Hempstead, Hope.
What is the average sales price for listings in 475 Hempstead?
The average sales price for units in 475 Hempstead is $0 currently.

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