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503 North Walnut Street

503 North Walnut Street, Searcy, AR 72143
House in White
Sold Sep 19, 2019
$48,250
$40,000 by Arkansas Fcu
Mortgage Due Oct 01, 2034
Sold Jun 13, 2006
$32,000
$30,600 by First Security Bank
Mortgage Due Jun 10, 2008
503 North Walnut Street has been categorized by the local assessors in Searcy, AR as a residential type of property. The building on the property was first built in 1955 and is 69 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 North Walnut Street has 1,008 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 11,153 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 384 sqft. 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 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 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. 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 North Walnut Street was last sold in Sep 18, 2019 for $48,250. According to our calculations, that's $47.87 per sqft. Prior to that sales transaction, the property was sold for $32,000 in Jun 12, 2006. Current property owners are expected to pay $89 in taxes per year. The property on 503 North Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,650. To break that down further, the land itself was valued at $1,400. While improvements to the property were assessed at a total of $11,250. 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. 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!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

Metal Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,153
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATKINS & QUARLES ADD
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 40' LOT 9 & S 34' LOT 10

Ownership

  • Current Owner : HOWARD TAYLOR A
  • Current Owner 2: HOWARD LANDON
  • Previous Owner : BAKER DANIEL M
  • Previous Owner 2: BAKER JOY L
  • Owner Before Previous Owner: GOSS LUCY E
  • Owner Before Previous Owner 2: GOSS ALLEN H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Searcy School District
  • School Tax School District: SEARCY SPECIAL
  • School Tax District Code 2: SEARCY
  • Census Tract: 070700

Geography

  • District: 016
  • Parcel: 016-03171-000
  • Block: 5
  • Lot: 9,10
  • Meridian: SEC 11 TWN 07 RNG 07
  • Municipality: SEARCY CITY
  • Latitude: 35.252
  • Longitude: -91.7257

    Address

  • Full Address: 503 N Walnut St
  • Address - House Number: 503
  • Street Direction: N
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: AR
  • City Name: Searcy
  • Carrier Code: C008
  • 4-Digit Zip Code: 4647
  • Zip Code: 72143

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $89
  • Tax Rate Code Area: SSS2

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 99,965
  • High Value: 122,210
  • Low Value: 77,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: ARKANSAS FCU
  • First Open Lien Mortgage Recording Date: Sep 19, 2019
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $63,250
  • Market Land Value: $7,000
  • Market Improvement Value: $56,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,650
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $11,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Sep 19, 2019
  • Current Sale Transaction ID: 11656543662
  • Current Sale Price: $48,250
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 13, 2006
  • Previous Sale Contract Date: Jun 12, 2006
  • Previous Sale Amount: $32,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARKANSAS FCU
  • First Mortgage Transaction Date: Sep 19, 2019
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: Jun 13, 2006
  • Previous Mortgage Loan Amount: $30,600
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jun 10, 2008

About Searcy



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Frequently Asked Questions

What neighborhood is 503 North Walnut Street located in?
The 503 North Walnut Street is a house located in the neighborhood of White in Searcy, Searcy.
What is the average sales price for listings in 503 North Walnut Street?
The average sales price for units in 503 North Walnut Street is $0 currently.

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