505 Lake Road

505 Lake Road in Springdale, AR was first built in 1960 and is 66 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 505 Lake Road has 1,886 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. The basement is 864 sqft and has been categorized as a . In total, the area measurement of the land is 32,234 square feet.

Learn more about the property and building on this page. There is a . The home has a style roof made of . For those who need parking, there is a . The garage is 506 sqft. There are a total of 2 available parking spaces. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made 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 . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $302,076 in taxes each year. 505 Lake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,320. If we break it down further, the land itself was valued at $15,300. Improvements to the property, however, were assessed at a total of $42,020. 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.