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6 Gerik Lane

6 Gerik Lane, Conway, AR 72032
Property in Faulkner
Sold Nov 03, 2010
$89,000
$92,227 by Cornerstone Mortgage Inc
Mortgage Due Dec 01, 2040
Sold Apr 15, 2010
Transfer
$26,400 by River Town Bank
Mortgage Due Apr 06, 2012
6 Gerik Lane in Conway, AR was first built in 1980 and is 44 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 6 Gerik Lane has 2,504 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 37,462 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. 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 6 Gerik Lane sold most recently in Nov 2, 2010 for a total of $89,000. If you work out the math, that's approximately a cost of $35.54 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 $1,076 in taxes each year. 6 Gerik Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,320. If we break it down further, the land itself was valued at $2,840. Improvements to the property, however, were assessed at a total of $28,480. 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

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: Composition shingle
  • Floor Count: 2
  • Floor Cover: Linoleum
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 2,504
  • Building Area: 2,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.86
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT S1/2 NW NE AKA PT LOT H STAPLETON PL LIBERTY FD 62

Ownership

  • Current Owner : JONES MICHAEL D
  • Previous Owner : MAXWELL JAMES
  • Previous Owner 2: MAXWELL LINDA
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Vilonia School District
  • Census Tract: 030301

Geography

  • Parcel: 001-03685-086
  • Lot: H
  • Meridian: SEC 17 TWN 05N RNG 12W
  • Municipality: VILONIA RURAL
  • Latitude: 35.0713
  • Longitude: -92.3014

    Address

  • Full Address: 6 Gerik Ln
  • Address - House Number: 6
  • Address - Street Name: Gerik
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Conway
  • Carrier Code: R016
  • 4-Digit Zip Code: 9710
  • Zip Code: 72032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,076
  • Tax Rate Code Area: 17R

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 81
  • Final Value: 233,071
  • High Value: 268,995
  • Low Value: 197,146

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $92,227
  • First Open Lien Mortgage Lender: CORNERSTONE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 03, 2010
  • First Open Lien Mortgage Loan Amount: $92,227
  • 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: Dec 01, 2040

    Market Valuation

  • Market Total Value: $156,600
  • Market Land Value: $14,200
  • Market Improvement Value: $142,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,320
  • Assessed Land Value: $2,840
  • Assessed Improvements Value: $28,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 02, 2010
  • Current Sale Recording Date: Nov 03, 2010
  • Current Sale Transaction ID: 1017370262
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010-20390
  • Previous Sale Recording Date: Apr 15, 2010
  • Previous Sale Contract Date: Apr 06, 2010
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE MORTGAGE INC
  • First Mortgage Transaction Date: Nov 03, 2010
  • First Mortgage Loan Amount: $92,227
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: RIVER TOWN BANK
  • Previous Mortgage Transaction Date: Apr 15, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $26,400
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 06, 2012

About Faulkner



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Nearby Rentals

Unit for rent at 14 Cody Lane, Conway, AR, 72032

$1,750 /mo

  • 4 Beds
  • 2 Baths
  • 2,107 ft²
14 Cody Lane, Conway, AR, 72032 Listing by Roy Rainey Jr.

Frequently Asked Questions

What neighborhood is 6 Gerik Lane located in?
The 6 Gerik Lane is a located in the neighborhood of Faulkner in Faulkner, Conway.
What is the average sales price for listings in 6 Gerik Lane?
The average sales price for units in 6 Gerik Lane is $0 currently.

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