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7 Lottawatta Trace

7 Lottawatta Trace, Cherokee Village, AR 72529
Townhouse in Sharp
Sold Sep 30, 2019
$85,000
$68,000 by Firsttrust Home Loans Inc
Mortgage Due Oct 01, 2049
Sold Mar 08, 2006
$85,000
$85,000 by Liberty Bank Of Arkansas
Mortgage Due Sep 08, 2006
7 Lottawatta Trace in Cherokee Village, AR was first built in 1998 and is 26 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7 Lottawatta Trace has 1,440 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. The basement is 512 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 620. In total, the area measurement of the land is 2,542 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a carport. 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. The exterior walls of the home are made of materials we are unsure of. 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, 7 Lottawatta Trace sold most recently in Sep 27, 2019 for a total of $85,000. If you work out the math, that's approximately a cost of $59.03 per sqft. Before that, the property was also sold for $85,000 in Mar 4, 2006. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $620 in taxes each year. 7 Lottawatta Trace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $27,310. If we break it down further, the land itself was valued at $2,000. Improvements to the property, however, were assessed at a total of $25,310. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Composition Board Siding

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Ceramic
  • Basement Type: Finished improved basement
  • Basement Area: 512
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 2,542
  • Lot Size Depth Feet: 620
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNHOUSE #3
  • Land Acres: 0.058
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7,7,TOWNHOUSE #3

Ownership

  • Current Owner : KNIGHT MARY L
  • Previous Owner : CHMIELESKI JOSEPHINE A
  • Previous Owner 2: HEERN SHEILA J
  • Owner Before Previous Owner: SOWELL JULIETTE MOORE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highland School District
  • School Tax School District: HIGHLAND
  • School Tax District Code 2: CHEROKEE VILLAG
  • Census Tract: 470202

Geography

  • Parcel: 316-00146-000
  • Block: 7
  • Lot: 7
  • Meridian: SEC 08 TWN 19 RNG 05
  • Municipality: CHEROKEE VLG CITY
  • Latitude: 36.3133
  • Longitude: -91.5288

    Address

  • Full Address: 7 Lottawatta Trce
  • Address - House Number: 7
  • Address - Street Name: Lottawatta
  • Address - Suffix Type: Trce
  • State: AR
  • City Name: Cherokee Village
  • Carrier Code: R009
  • 4-Digit Zip Code: 2141
  • Zip Code: 72529

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $620
  • Tax Rate Code Area: 42V

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 231,151
  • High Value: 317,952
  • Low Value: 144,349

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,000
  • First Open Lien Mortgage Lender: FIRSTTRUST HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2019
  • First Open Lien Mortgage Loan Amount: $68,000
  • 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: Oct 01, 2049

    Market Valuation

  • Market Total Value: $136,550
  • Market Land Value: $10,000
  • Market Improvement Value: $126,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,310
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $25,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11657929888
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1903843
  • Previous Sale Recording Date: Mar 08, 2006
  • Previous Sale Contract Date: Mar 04, 2006
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTTRUST HOME LOANS INC
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: LIBERTY BANK OF ARKANSAS
  • Previous Mortgage Transaction Date: Mar 08, 2006
  • Previous Mortgage Loan Amount: $85,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 08, 2006

About Cherokee Village



Similar Buildings

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Nearby Rentals

Unit for rent at 21 Tishimingo Drive, Cherokee Village, AR, 72529

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 1,400 ft²
21 Tishimingo Drive #NIGHTLYMONTHLYRENTAL, Cherokee Village, AR, 72529 Listing by Crystal Bliss

Frequently Asked Questions

What neighborhood is 7 Lottawatta Trace located in?
The 7 Lottawatta Trace is a townhouse located in the neighborhood of Sharp in Cherokee Village, Cherokee Village.
What is the average sales price for listings in 7 Lottawatta Trace?
The average sales price for units in 7 Lottawatta Trace is $0 currently.

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