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503 Balfour Road

503 Balfour Road, West Memphis, AR 72301
House in Crittenden
Sold Dec 28, 2017
$150,000
$165,000 by Unico Bank
Mortgage Due Jun 05, 2028
Sold Mar 02, 2007
$64,500
503 Balfour Road has been categorized by the local assessors in West Memphis, AR as a residential type of property. The building on the property was first built in 1967 and is 57 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, 503 Balfour Road has 908 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,350 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 14,375 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 carport for those who require parking. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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 masonry 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 brick veneer. 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. 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, 503 Balfour Road was last sold in Dec 27, 2017 for $150,000. According to our calculations, that's $165.20 per sqft. Prior to that sales transaction, the property was sold for $64,500 in Jan 1, 1970. Current property owners are expected to pay $653 in taxes per year. The property on 503 Balfour Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $11,330. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $8,330. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • 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: 14,375
  • Lot Size Depth Feet: 2,350
  • Lot Size Frontage Feet: 620
  • Total Building Area: 908
  • Building Area: 908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AVONDALE GARDENS 1ST
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT BK 2 PG 97

Ownership

  • Current Owner : BLP PROPERTIES LLC
  • Previous Owner : MCCULLAR ELAM JOHN ERIC
  • Previous Owner 2: MCCULLAR ELAM KRISTIN
  • Owner Before Previous Owner: NOT PROVIDED
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion School District
  • School Tax School District: MARION
  • School Tax District Code 2: MEMPHIS
  • Census Tract: 030201

Geography

  • District: 352
  • Parcel: 352168000000
  • Block: 1
  • Lot: 13
  • Meridian: SEC 01 TWN 06 RNG 08
  • Municipality: MARION
  • Latitude: 35.164
  • Longitude: -90.195

    Address

  • Full Address: 503 Balfour Rd
  • Address - House Number: 503
  • Address - Street Name: Balfour
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: West Memphis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1900
  • Zip Code: 72301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $653
  • Tax Rate Code Area: 108

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 78,491
  • High Value: 88,927
  • Low Value: 68,054

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: UNICO BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2023
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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: Jun 05, 2028

    Market Valuation

  • Market Total Value: $56,650
  • Market Land Value: $15,000
  • Market Improvement Value: $41,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,330
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $8,330

    Sales

  • Current Sale Contract Date: Dec 27, 2017
  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Transaction ID: 11372621205
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017-05901
  • Previous Sale Recording Date: Mar 02, 2007
  • Previous Sale Amount: $64,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 28, 2017
  • First Mortgage Loan Amount: $169,454
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About West Memphis



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Frequently Asked Questions

What neighborhood is 503 Balfour Road located in?
The 503 Balfour Road is a house located in the neighborhood of Crittenden in West Memphis, West Memphis.
What is the average sales price for listings in 503 Balfour Road?
The average sales price for units in 503 Balfour Road is $58,000 , or $64/sqft. currently.

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