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503 South Neeley Street

503 South Neeley Street, Benton, AR 72015
House in Saline
Sold Jun 17, 2021
$130,000
$127,645 by United Fidelity Funding Corp
Mortgage Due Jul 01, 2051
Sold Jun 17, 2021
$130,000
$127,645 by United Fidelity Funding Corp
Mortgage Due Jul 01, 2051
Local assessors in Benton, AR have categorized 503 South Neeley Street as a residential type of property. The home was built in 1944 and is 80 years old. The property's lot size has been calculated to be 13,800 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 920 ft. As for the restroom situation, there is one full bathroom. 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 503 South Neeley Street has a total of 1,312 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front 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 roll composition. 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. 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, 503 South Neeley Street sold most recently in Jun 10, 2021 for a total of $130,000. If you work out the math, that's approximately a cost of $99.09 per sqft. Before that, the property was also sold for $130,000 in Jun 10, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $832 in taxes each year. 503 South Neeley Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,685. If we break it down further, the land itself was valued at $2,760. Improvements to the property, however, were assessed at a total of $19,925. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Metal Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,800
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEELEY
  • Land Acres: 0.317
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2021-015656

Ownership

  • Current Owner : GEARY STEVEN
  • Previous Owner : SHAW BROOKE A
  • Previous Owner 2: SHAW DILLON
  • Owner Before Previous Owner: SHAW BROOKE A
  • Owner Before Previous Owner 2: SHAW DILLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Benton School District
  • School Tax School District: BENTON
  • School Tax District Code 2: BENTON
  • Census Tract: 010101

Geography

  • Parcel: 800-48947-000
  • Block: 3
  • Meridian: SEC 11 TWN 02S RNG 15W
  • Municipality: BENTON
  • Latitude: 34.5593
  • Longitude: -92.5777

    Address

  • Full Address: 503 S Neeley St
  • Address - House Number: 503
  • Street Direction: S
  • Address - Street Name: Neeley
  • Address - Suffix Type: St
  • State: AR
  • City Name: Benton
  • Carrier Code: C012
  • 4-Digit Zip Code: 4528
  • Zip Code: 72015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $832
  • Tax Rate Code Area: 082

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 168,563
  • High Value: 210,710
  • Low Value: 126,416

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $255,290
  • First Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $127,645
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • Second Open Lien Mortgage Recording Date: Jun 17, 2021
  • Second Open Lien Mortgage Loan Amount: $127,645
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $113,425
  • Market Land Value: $13,800
  • Market Improvement Value: $99,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,685
  • Assessed Land Value: $2,760
  • Assessed Improvements Value: $19,925

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840574078
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-015656
  • Previous Sale Recording Date: Jun 17, 2021
  • Previous Sale Contract Date: Jun 10, 2021
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED FIDELITY FUNDING CORP
  • Previous Mortgage Transaction Date: Jun 17, 2021
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About Benton



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Frequently Asked Questions

What neighborhood is 503 South Neeley Street located in?
The 503 South Neeley Street is a house located in the neighborhood of Saline in Benton, Benton.
What is the average sales price for listings in 503 South Neeley Street?
The average sales price for units in 503 South Neeley Street is $0 currently.

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