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5 Villano Lane

5 Villano Lane, Hot Springs Village, AR 71909
Property in Garland
Sold Jul 26, 2021
$125,000
$118,750 by Everett Financial Inc
Mortgage Due Aug 01, 2051
Sold Feb 18, 2020
$50,000
5 Villano Lane in Hot Springs Village, AR was first built in 1979 and is 45 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5 Villano Lane has 988 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,807 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a hip style roof made of shingle (not wood). For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. 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, 5 Villano Lane was last sold in Jul 23, 2021 for $125,000. According to our calculations, that's $126.52 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Feb 7, 2020. Current property owners are expected to pay $381 in taxes per year. The property on 5 Villano Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,050. To break that down further, the land itself was valued at $200. While improvements to the property were assessed at a total of $18,850. 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. 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. 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

Composition Board Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,807
  • Lot Size Frontage Feet: 108,070
  • Total Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 988
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA CORUNA
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 8 LOT 11

Ownership

  • Current Owner : BROWN DONALD LAWSON
  • Previous Owner : BEE KIND PROPERTIES LLC
  • Owner Before Previous Owner: MIDFIRST BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jessieville School District
  • School Tax School District: JESSIEVILLE
  • Census Tract: 012001

Geography

  • Parcel: 200-37800-064-000
  • Block: 8
  • Lot: 11
  • Meridian: SEC 04 TWN 01S RNG 19W
  • Municipality: JESSIEVILLE
  • Latitude: 34.6839
  • Longitude: -93.0403

    Address

  • Full Address: 5 Villano Ln
  • Address - House Number: 5
  • Address - Street Name: Villano
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Hot Springs Village
  • Carrier Code: C060
  • 4-Digit Zip Code: 2518
  • Zip Code: 71909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $381
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2756
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 60
  • Final Value: 134,630
  • High Value: 171,742
  • Low Value: 97,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $118,750
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $118,750
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $95,250
  • Market Land Value: $1,000
  • Market Improvement Value: $94,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,050
  • Assessed Land Value: $200
  • Assessed Improvements Value: $18,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11845589926
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 18, 2020
  • Previous Sale Contract Date: Feb 07, 2020
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $118,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Hot Springs Village



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Frequently Asked Questions

What neighborhood is 5 Villano Lane located in?
The 5 Villano Lane is a located in the neighborhood of Garland in Hot Springs Village, Hot Springs Village.
What is the average sales price for listings in 5 Villano Lane?
The average sales price for units in 5 Villano Lane is $0 currently.

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