Check Availability

616 South Elm Street

616 South Elm Street, Beebe, AR 72012
Property in White
Sold Aug 29, 2023
$127,500
$128,787 by Firsttrust Home Loans, Inc.
Mortgage Due Sep 01, 2053
Sold Aug 31, 2021
$60,000
$80,000 by First Security Bank
Mortgage Due Apr 25, 2022
616 South Elm Street has been categorized by the local assessors in Beebe, AR as a residential type of property. The building on the property was first built in 1996 and is 28 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 616 South Elm Street has 1,042 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 19,097 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. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. 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 C by the local assessor. The building has a gable style roof made of composition shingle. 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. 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, 616 South Elm Street was last sold in Aug 28, 2023 for $127,500. According to our calculations, that's $122.36 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Aug 26, 2021. Current property owners are expected to pay $309 in taxes per year. The property on 616 South Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,280. To break that down further, the land itself was valued at $3,000. While improvements to the property were assessed at a total of $14,280. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 19,097
  • Total Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HENDERSON ADD
  • Land Acres: 0.438
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ---

Ownership

  • Current Owner : KERSEY NATHANIEL
  • Previous Owner : CHAPMAN TANNER
  • Owner Before Previous Owner: CROSSHARI ENTERPRISES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beebe School District
  • School Tax School District: BEEBE
  • School Tax District Code 2: BEEBE
  • Census Tract: 071202

Geography

  • District: 004
  • Parcel: 004-00535-008
  • Block: 1
  • Lot: 7
  • Meridian: SEC 17 TWN 05 RNG 08
  • Municipality: BEEBE CITY
  • Latitude: 35.0632
  • Longitude: -91.8755

    Address

  • Full Address: 616 S Elm St
  • Address - House Number: 616
  • Street Direction: S
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: AR
  • City Name: Beebe
  • Carrier Code: C002
  • 4-Digit Zip Code: 3714
  • Zip Code: 72012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $309
  • Tax Rate Code Area: BBB2

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 55
  • Final Value: 101,337
  • High Value: 123,888
  • Low Value: 78,785

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,787
  • First Open Lien Mortgage Lender: FIRSTTRUST HOME LOANS, INC.
  • First Open Lien Mortgage Recording Date: Aug 29, 2023
  • First Open Lien Mortgage Loan Amount: $128,787
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $86,400
  • Market Land Value: $15,000
  • Market Improvement Value: $71,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,280
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $14,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911805064
  • Current Sale Price: $127,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9974
  • Previous Sale Recording Date: Aug 31, 2021
  • Previous Sale Contract Date: Aug 26, 2021
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTTRUST HOME LOANS, INC.
  • First Mortgage Transaction Date: Aug 29, 2023
  • First Mortgage Loan Amount: $128,787
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: Aug 31, 2021
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 7
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Apr 25, 2022

About Beebe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 616 South Elm Street located in?
The 616 South Elm Street is a located in the neighborhood of White in Beebe, Beebe.
What is the average sales price for listings in 616 South Elm Street?
The average sales price for units in 616 South Elm Street is $0 currently.

Quantcast