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511 South Main Street

511 South Main Street, Hope, AR 71801
Commercial in Hempstead
1 Units For Sale
Unit for sale at 511 S MAIN, Hope, AR 71801

$199,000

  • Commercial
  • 2,710 ft²
511 S MAIN, Hope, AR 71801 Listing by Jackie Crider

511 South Main Street has been categorized by the local assessors in Hope, AR as a unknown type of property. The building on the property was first built in 1977 and is 47 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 17,772 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. We know that this is 4 code building. This code stands for "unknown". Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 unknown control joints. The building has a unknown style roof made of unknown. While the interior walls have been made of unknown. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown. The property was last sold in Mar 7, 2014 for $5,114. That's $1.89 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $360,000. 511 South Main Street was last assessed in 2023. The total value of the property was assessed at $30,610. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $22,610. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,466. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Exterior

Brick Exterior
Block Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190118
01/18/2019
Studio
-
2700 ft²
$250,000
bedrooms
Studio
bathrooms
-
square feet
2700 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,772
  • Total Building Area: 2,710
  • Gross Building Area: 2,710
  • Building Area: 2,710
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ORIGINAL TOWN HOPE
  • Land Acres: 0.408
  • Legal Description 1: ALL LT 5 & EXTREME SOUTH 18 1/2 FEET OF LT 6 BLK 53

Ownership

  • Current Owner : DOCS INC
  • Previous Owner : JOHN JOHN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hope School District
  • School Tax School District: HOPE
  • School Tax District Code 2: HOPE
  • Census Tract: 480301

Geography

  • Parcel: 700-00356-000-C
  • Block: 53
  • Lot: 5,6
  • Meridian: SEC 33 TWN 12 RNG 24
  • Municipality: HOPE
  • Latitude: 33.6648
  • Longitude: -93.5905

    Address

  • Full Address: 511 S Main St
  • Address - House Number: 511
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: AR
  • City Name: Hope
  • Carrier Code: C001
  • 4-Digit Zip Code: 5207
  • Zip Code: 71801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,466
  • Tax Rate Code Area: 101

    Market Valuation

  • Market Total Value: $153,050
  • Market Land Value: $40,000
  • Market Improvement Value: $113,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,610
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $22,610

    Sales

  • Current Sale Contract Date: Mar 07, 2014
  • Current Sale Recording Date: Mar 20, 2014
  • Current Sale Transaction ID: 1017810811
  • Current Sale Price: $5,114
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: LC20140640
  • Previous Sale Recording Date: May 20, 2009
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: unknown

About Hope



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Nearby Rentals

Unit for rent at 303 W 23rd St, Hope, AR, 71801

$700 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
303 W 23rd St #303 W 23rd St - C8, Hope, AR, 71801 Listing by Manager

Frequently Asked Questions

What neighborhood is 511 South Main Street located in?
The 511 South Main Street is a commercial located in the neighborhood of Hempstead in Hope, Hope.
How many listings are currently for sale in 511 South Main Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 511 South Main Street?
The average sales price for units in 511 South Main Street is $199,000 , or $73/sqft. currently.

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