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492 Sunset Lane

492 Sunset Lane, Siloam Springs, AR 72761
Property in Tolleson Acres
Sold May 21, 2015
$122,900
$97,100 by Arvest Mortgage Co
Mortgage Due Jun 01, 2045
Sold Mar 09, 2005
$127,000
$129,219 by New Freedom Mortgage Corp
Mortgage Due Apr 01, 2035
Local assessors in Siloam Springs, AR have categorized 492 Sunset Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 10,890 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 492 Sunset Lane has a total of 1,776 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 attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back 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 asphalt. Lots of wood 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. The property was last sold in Mar 27, 2015 for $122,900. That's $69.20 per sqft. Prior to that sales transaction, the property was also sold in Mar 3, 2005 for $127,000. 492 Sunset Lane was last assessed in 2023. The total value of the property was assessed at $33,900. Specifically, the land the property is located on was valued at $7,200. While improvements on the property were assessed at a total of $26,700. 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 $1,825. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOLLESON ACRES SUB PH II-SILOAM SPRINGS
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 21L-87

Ownership

  • Current Owner : PHILPOT KEVIN J
  • Current Owner 2: PHILPOT SARAH A
  • Previous Owner : PHILLIPS TERRY
  • Previous Owner 2: PHILLIPS ROBERT
  • Owner Before Previous Owner: VANPOUCKE GLENN
  • Owner Before Previous Owner 2: VAN POUCKE NICHOLE MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Siloam Springs Schools
  • Census Tract: 021102

Geography

  • District: 03
  • Parcel: 03-04055-000
  • Lot: 6
  • Meridian: SEC 07 TWN 17 RNG 33
  • Municipality: SILOAM SPRINGS
  • Latitude: 36.1705
  • Longitude: -94.5387

    Address

  • Full Address: 492 Sunset Ln
  • Address - House Number: 492
  • Address - Street Name: Sunset
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Siloam Springs
  • Carrier Code: C002
  • 4-Digit Zip Code: 8814
  • Zip Code: 72761

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,825
  • Tax Rate Code Area: C21

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 69
  • Final Value: 269,588
  • High Value: 329,969
  • Low Value: 209,207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,100
  • First Open Lien Mortgage Lender: ARVEST MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 21, 2015
  • First Open Lien Mortgage Loan Amount: $97,100
  • 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: Jun 01, 2045

    Market Valuation

  • Market Total Value: $169,500
  • Market Land Value: $36,000
  • Market Improvement Value: $133,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,900
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $26,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2015
  • Current Sale Recording Date: May 21, 2015
  • Current Sale Transaction ID: 1211606005
  • Current Sale Price: $122,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 09, 2005
  • Previous Sale Contract Date: Mar 03, 2005
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST MORTGAGE CO
  • First Mortgage Transaction Date: May 21, 2015
  • First Mortgage Loan Amount: $97,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: NEW FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 09, 2005
  • Previous Mortgage Loan Amount: $129,219
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Tolleson Acres



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Frequently Asked Questions

What neighborhood is 492 Sunset Lane located in?
The 492 Sunset Lane is a located in the neighborhood of Tolleson Acres in Tolleson Acres, Siloam Springs.
What is the average sales price for listings in 492 Sunset Lane?
The average sales price for units in 492 Sunset Lane is $0 currently.

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