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5 Farnham Drive

5 Farnham Drive, Bella Vista, AR 72714
House in Kingswood
Sold Feb 03, 2021
$169,000
$152,100 by Flat Branch Home Loans Inc
Mortgage Due Mar 01, 2051
Sold May 04, 2020
Transfer
5 Farnham Drive has been categorized by the local assessors in Bella Vista, AR as a residential type of property. The building on the property was first built in 1995 and is 29 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, 5 Farnham Drive has 1,481 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 400 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 13,504 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 696 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 asphalt. The exterior walls of the building are made of wood. 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, 5 Farnham Drive sold most recently in Feb 1, 2021 for a total of $169,000. If you work out the math, that's approximately a cost of $114.11 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,577 in taxes each year. The initial year of tax delinquency occurred in 2019. 5 Farnham Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $42,045. If we break it down further, the land itself was valued at $800. Improvements to the property, however, were assessed at a total of $41,245. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Exterior

Brick Exterior
Cedar Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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 Type: Partial basement
  • Basement Area: 400
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,481
  • Building Area: 1,481
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,481
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSWOOD SUB-BVV
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT J-74

Ownership

  • Current Owner : STERNEKER BRUCE
  • Current Owner 2: STERNEKER SUSAN
  • Previous Owner : SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Owner Before Previous Owner: SEVERSON SHIRLEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020703

Geography

  • District: 16
  • Parcel: 16-17462-000
  • Block: 7
  • Lot: 3
  • Meridian: SEC 35 TWN 21 RNG 31
  • Municipality: BELLA VISTA
  • Latitude: 36.4525
  • Longitude: -94.2347

    Address

  • Full Address: 5 Farnham Dr
  • Address - House Number: 5
  • Address - Street Name: Farnham
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Bella Vista
  • Carrier Code: R048
  • 4-Digit Zip Code: 3136
  • Zip Code: 72714

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,577
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: CBV6

    Appraisal Valuation

  • Standard Deviation: 0.2169
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 70
  • Final Value: 310,558
  • High Value: 377,931
  • Low Value: 243,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,100
  • First Open Lien Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $152,100
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $210,225
  • Market Land Value: $4,000
  • Market Improvement Value: $206,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,045
  • Assessed Land Value: $800
  • Assessed Improvements Value: $41,245

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11816125171
  • Current Sale Price: $169,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021007913
  • Previous Sale Recording Date: May 04, 2020
  • Previous Sale Contract Date: Apr 02, 2020
  • Previous Sale Document Type: Deed in Lieu of Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $152,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Kingswood



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Frequently Asked Questions

What neighborhood is 5 Farnham Drive located in?
The 5 Farnham Drive is a house located in the neighborhood of Kingswood in Kingswood, Bella Vista.
What is the average sales price for listings in 5 Farnham Drive?
The average sales price for units in 5 Farnham Drive is $0 currently.

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