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610 Gail Drive

610 Gail Drive, Siloam Springs, AR 72761
Sold Sep 12, 2017
$175,000
$85,000 by First Western Mortgage Inc
Mortgage Due Oct 01, 2032
Sold Jun 19, 2017
$135,000
Local assessors in Siloam Springs, AR have categorized 610 Gail Drive as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 7,841 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 610 Gail Drive has a total of 1,863 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a hip style roof that was made of fiberglass. Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 610 Gail Drive sold most recently in Sep 8, 2017 for a total of $175,000. If you work out the math, that's approximately a cost of $93.93 per sqft. Before that, the property was also sold for $135,000 in Apr 10, 2015. 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 $1,975 in taxes each year. 610 Gail Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,750. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $27,750. 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 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.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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,863
  • Building Area: 1,863
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,863
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT WOODS #2 PH 2-SILOAM SPRINGS
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT 9/24/03 2003-821.

Ownership

  • Current Owner : NICHOLS JAY
  • Current Owner 2: NICHOLS SHANNON
  • Previous Owner : KSBD LLC
  • Owner Before Previous Owner: ELDRIDGE GEORGE D
  • Owner Before Previous Owner 2: ELDRIDGE TRACY G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Siloam Springs Schools
  • Census Tract: 021201

Geography

  • District: 03
  • Parcel: 03-04863-000
  • Lot: 32
  • Meridian: SEC 31 TWN 18 RNG 33
  • Municipality: SILOAM SPRINGS
  • Latitude: 36.1936
  • Longitude: -94.5478

    Address

  • Full Address: 610 Gail Dr
  • Address - House Number: 610
  • Address - Street Name: Gail
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Siloam Springs
  • Carrier Code: R007
  • 4-Digit Zip Code: 2599
  • Zip Code: 72761

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,975
  • Tax Rate Code Area: C21

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 295,859
  • High Value: 352,337
  • Low Value: 239,380

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: FIRST WESTERN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Sep 12, 2017
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2032

    Market Valuation

  • Market Total Value: $178,750
  • Market Land Value: $40,000
  • Market Improvement Value: $138,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,750
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $27,750

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1736455501
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 19, 2017
  • Previous Sale Contract Date: Apr 10, 2015
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: FIRST WESTERN MORTGAGE INC
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2032

About Walnut Woods



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Frequently Asked Questions

What neighborhood is 610 Gail Drive located in?
The 610 Gail Drive is a house located in the neighborhood of Walnut Woods in Walnut Woods, Siloam Springs.
What is the average sales price for listings in 610 Gail Drive?
The average sales price for units in 610 Gail Drive is $0 currently.

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