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648 Cottage Lane

648 Cottage Lane, Benton, AR 72019
House in Saline
Sold Jan 21, 2020
$235,000
$211,500 by Arvest Bank
Mortgage Due Feb 01, 2050
Sold Jun 27, 2016
$224,900
648 Cottage Lane has been categorized by the local assessors in Benton, AR as a residential type of property. The building on the property was first built in 2015 and is 9 years old. Residents will have access to 2 full bathrooms. 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, 648 Cottage Lane has 1,870 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 7,526 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 attached garage for those who require parking. The garage measured 529 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 frame 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 fiberglass. 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, 648 Cottage Lane was last sold in Jan 16, 2020 for $235,000. According to our calculations, that's $125.67 per sqft. Prior to that sales transaction, the property was sold for $224,900 in Jun 23, 2016. Current property owners are expected to pay $2,445 in taxes per year. The property on 648 Cottage Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $49,706. To break that down further, the land itself was valued at $9,120. While improvements to the property were assessed at a total of $40,586. 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.

Building Features

Exterior

Composition Board Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: Fiberglass
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,526
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CREEK SIDE COTTAGES
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2020-001083

Ownership

  • Current Owner : EVANS BARBARA
  • Previous Owner : SHAW PATRICIA
  • Owner Before Previous Owner: FISER DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bryant Public Schools
  • School Tax School District: BRYANT
  • Census Tract: 010511

Geography

  • Parcel: 069-00800-006
  • Lot: 6
  • Meridian: SEC 12 TWN 01S RNG 15W
  • Municipality: BRYANT
  • Latitude: 34.6453
  • Longitude: -92.5627

    Address

  • Full Address: 648 Cottage Ln
  • Address - House Number: 648
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Benton
  • Carrier Code: R005
  • 4-Digit Zip Code: 2096
  • Zip Code: 72019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,445
  • Tax Rate Code Area: 250

    Appraisal Valuation

  • Standard Deviation: 0.2043
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 312,745
  • High Value: 376,639
  • Low Value: 248,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,500
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Jan 21, 2020
  • First Open Lien Mortgage Loan Amount: $211,500
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $248,530
  • Market Land Value: $45,600
  • Market Improvement Value: $202,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,706
  • Assessed Land Value: $9,120
  • Assessed Improvements Value: $40,586

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Transaction ID: 11720035791
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-001083
  • Previous Sale Recording Date: Jun 27, 2016
  • Previous Sale Contract Date: Jun 23, 2016
  • Previous Sale Amount: $224,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Jan 21, 2020
  • First Mortgage Loan Amount: $211,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Saline



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 648 Cottage Lane located in?
The 648 Cottage Lane is a house located in the neighborhood of Saline in Saline, Benton.
What is the average sales price for listings in 648 Cottage Lane?
The average sales price for units in 648 Cottage Lane is $239,000 , or $134/sqft. currently.

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