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508 Old Tracy Road

508 Old Tracy Road, Mountain Home, AR 72653
Property in Baxter
Sold Oct 01, 2004
$135,000
$100,000 by Twin Lakes Community Bank
Mortgage Due Jun 01, 2042
508 Old Tracy Road has been categorized by the local assessors in Mountain Home, AR as a residential type of property. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 508 Old Tracy Road has 1,816 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 91,912 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 mixed used garage for those who require parking. The garage measured 880 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 metal. 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. There is a single fireplace in the home. Perfect for those wintery 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. According to our sources, 508 Old Tracy Road sold most recently in Jan 1, 1970 for a total of $135,000. If you work out the math, that's approximately a cost of $74.34 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $858 in taxes each year. 508 Old Tracy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,370. If we break it down further, the land itself was valued at $4,220. Improvements to the property, however, were assessed at a total of $36,150. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Mixed use
  • Garage Square Area: 880
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 91,912
  • Total Building Area: 1,816
  • Building Area: 1,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART SW NE 2.11 ACRES OR TRACT B

Ownership

  • Current Owner : SCHMITT DONALD M
  • Current Owner 2: SCHMITT KAREN L
  • Previous Owner : NOT PROVIDED
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mountain Home School District
  • School Tax School District: MOUNTAIN HOME
  • Census Tract: 950200

Geography

  • District: 001
  • Subdivision Tract Number: B
  • Parcel: 001-05388-000
  • Meridian: SEC 14 TWN 19 RNG 13
  • Municipality: MOUNTAIN HOME RURAL
  • Latitude: 36.3177
  • Longitude: -92.3427

    Address

  • Full Address: 508 Old Tracy Rd
  • Address - House Number: 508
  • Address - Street Name: Old Tracy
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Mountain Home
  • Carrier Code: R010
  • 4-Digit Zip Code: 8334
  • Zip Code: 72653

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858
  • Tax Rate Code Area: 09R

    Appraisal Valuation

  • Standard Deviation: 0.4561
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 243,680
  • High Value: 354,835
  • Low Value: 132,524

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: TWIN LAKES COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 31, 2012
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Market Valuation

  • Market Total Value: $201,850
  • Market Land Value: $21,100
  • Market Improvement Value: $180,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,370
  • Assessed Land Value: $4,220
  • Assessed Improvements Value: $36,150

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Oct 01, 2004
  • Current Sale Transaction ID: 11455937349
  • Current Sale Price: $135,000
  • Current Sale Document Type: Deed

About Baxter



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Frequently Asked Questions

What neighborhood is 508 Old Tracy Road located in?
The 508 Old Tracy Road is a located in the neighborhood of Baxter in Baxter, Mountain Home.
What is the average sales price for listings in 508 Old Tracy Road?
The average sales price for units in 508 Old Tracy Road is $0 currently.

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