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545 Spring Branch Drive

545 Spring Branch Drive, Monticello, AR 71655
House in Drew
Sold Jun 03, 2019
$110,000
$111,111 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2049
Sold Dec 20, 2000
$53,000
545 Spring Branch Drive in Monticello, AR was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 2019. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 545 Spring Branch Drive has 1,296 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. In total, the area measurement of the land is 17,293 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. There is one available parking space. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. 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 central air conditioning. As for heating, the home is utilizing a central heating system. 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, 545 Spring Branch Drive sold most recently in May 31, 2019 for a total of $110,000. If you work out the math, that's approximately a cost of $84.88 per sqft. Before that, the property was also sold for $53,000 in Jan 1, 1970. 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 $218 in taxes each year. 545 Spring Branch Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,440. If we break it down further, the land itself was valued at $1,320. Improvements to the property, however, were assessed at a total of $16,120. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,293
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING BRANCH ADD
  • Land Acres: 0.397
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TATUM ANTRANISHA C
  • Previous Owner : GULLEDGE JAMES GREG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monticello School District
  • School Tax School District: MONTICELLO
  • School Tax District Code 2: MONTICELLO
  • Census Tract: 490300

Geography

  • District: 703
  • Parcel: 703-02612-000
  • Lot: 22
  • Meridian: SEC 28 TWN 12 RNG 07
  • Municipality: MONTICELLO
  • Latitude: 33.6298
  • Longitude: -91.8247

    Address

  • Full Address: 545 Spring Branch Dr
  • Address - House Number: 545
  • Address - Street Name: Spring Branch
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Monticello
  • Carrier Code: R006
  • 4-Digit Zip Code: 3849
  • Zip Code: 71655

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $218
  • Tax Rate Code Area: 018

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 109,928
  • High Value: 160,041
  • Low Value: 59,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,111
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jun 03, 2019
  • First Open Lien Mortgage Loan Amount: $111,111
  • 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: Jun 01, 2049

    Market Valuation

  • Market Total Value: $87,200
  • Market Land Value: $6,600
  • Market Improvement Value: $80,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,440
  • Assessed Land Value: $1,320
  • Assessed Improvements Value: $16,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 03, 2019
  • Current Sale Transaction ID: 11848032547
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97926
  • Previous Sale Recording Date: Dec 20, 2000
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jun 03, 2019
  • First Mortgage Loan Amount: $111,111
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Monticello



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Frequently Asked Questions

What neighborhood is 545 Spring Branch Drive located in?
The 545 Spring Branch Drive is a house located in the neighborhood of Drew in Monticello, Monticello.
What is the average sales price for listings in 545 Spring Branch Drive?
The average sales price for units in 545 Spring Branch Drive is $0 currently.

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