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5408 Centerwood Road

5408 Centerwood Road, Little Rock, AR 72207
Property in Prospect Terrace
Sold Jun 22, 2021
$1,000,000
$800,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
5408 Centerwood Road has been categorized by the local assessors in Little Rock, AR as a residential type of property. The building on the property was first built in 1936 and is 88 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5408 Centerwood Road has 4,113 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 6,534 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 carport for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of tile. The exterior walls of the building are made of masonry. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5408 Centerwood Road was last sold in Jun 18, 2021 for $1,000,000. According to our calculations, that's $243.13 per sqft. Current property owners are expected to pay $13,185 in taxes per year. The property on 5408 Centerwood Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $188,353. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $118,353. 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 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 462
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 4,113
  • Gross Building Area: 4,113
  • Building Area: 4,113
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,113
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROSPECT TERRACE 2ND
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEING A REPLAT OF LOT 93 NOW KNOWN AS LOT 93R

Ownership

  • Current Owner : COLEY SHANA M
  • Current Owner 2: YATES ANDREW J
  • Previous Owner : DAWSON JEFFREY
  • Previous Owner 2: DAWSON JUDITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 001600

Geography

  • Parcel: 33L-042-00-003-00
  • Lot: 93R
  • Meridian: SEC 31 TWN 02N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7663
  • Longitude: -92.3341

    Address

  • Full Address: 5408 Centerwood Rd
  • Address - House Number: 5408
  • Address - Street Name: Centerwood
  • Address - Suffix Type: Rd
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C041
  • 4-Digit Zip Code: 5306
  • Zip Code: 72207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,185
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 1,105,592
  • High Value: 1,342,830
  • Low Value: 868,354

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 22, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $941,765
  • Market Land Value: $350,000
  • Market Improvement Value: $591,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,353
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $118,353

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 22, 2021
  • Current Sale Transaction ID: 11840702729
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021042790

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 22, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Heights



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Frequently Asked Questions

What neighborhood is 5408 Centerwood Road located in?
The 5408 Centerwood Road is a located in the neighborhood of Prospect Terrace in Heights, Little Rock.
What is the average sales price for listings in 5408 Centerwood Road?
The average sales price for units in 5408 Centerwood Road is $0 currently.

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