514 River Road

Local assessors in Lakeview, AR have categorized 514 River Road as a type of property. The property's lot size has been calculated to be 134,848 square feet. The linear feet between the front and back of the lot was measured at 6,020 ft and the front of the lot was measured at 2,240 ft.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $54,313 in taxes per year. The property on 514 River Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $12,440. To break that down further, the land itself was valued at $6,000. While improvements to the property were assessed at a total of $6,440. 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. 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.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.