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7 Pecos Lane

7 Pecos Lane, Little Rock, AR 72212
Property in Pleasant Valley
Sold Aug 16, 2023
$400,000
$300,000 by Encore Bank
Mortgage Due Sep 01, 2053
Sold Nov 09, 2011
$268,000
$241,200 by Arvest Mortgage Co
Mortgage Due Dec 01, 2041
7 Pecos Lane in Little Rock, AR was first built in 1968 and is 56 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7 Pecos Lane has 2,585 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 21,344 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 3 available parking spaces. 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 brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. 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. 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, 7 Pecos Lane was last sold in Aug 15, 2023 for $400,000. According to our calculations, that's $134.00 per sqft. Prior to that sales transaction, the property was sold for $268,000 in Nov 4, 2011. Current property owners are expected to pay $3,304 in taxes per year. The property on 7 Pecos Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $71,553. To break that down further, the land itself was valued at $23,200. While improvements to the property were assessed at a total of $48,353. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 2,985
  • Gross Building Area: 3,125
  • Building Area: 2,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLEASANT VALLEY
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WAKEFIELD CHELSEA MARIAM
  • Current Owner 2: WAKEFIELD THOMAS E
  • Previous Owner : RONALD AND SHARON CLAYTON REVOCABLE TRUS
  • Owner Before Previous Owner: FARR JACK LEON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 002210

Geography

  • Parcel: 43L-029-00-482-00
  • Block: 22
  • Lot: 9
  • Meridian: SEC 28 TWN 02N RNG 13W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7766
  • Longitude: -92.4014

    Address

  • Full Address: 7 Pecos Ln
  • Address - House Number: 7
  • Address - Street Name: Pecos
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C031
  • 4-Digit Zip Code: 3551
  • Zip Code: 72212

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,304
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 69
  • Final Value: 396,867
  • High Value: 485,233
  • Low Value: 308,501

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: ENCORE BANK
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $357,765
  • Market Land Value: $116,000
  • Market Improvement Value: $241,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,553
  • Assessed Land Value: $23,200
  • Assessed Improvements Value: $48,353

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11911204778
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43260
  • Previous Sale Recording Date: Nov 09, 2011
  • Previous Sale Contract Date: Nov 04, 2011
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENCORE BANK
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ARVEST MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 09, 2011
  • Previous Mortgage Loan Amount: $241,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2041

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Frequently Asked Questions

What neighborhood is 7 Pecos Lane located in?
The 7 Pecos Lane is a located in the neighborhood of Pleasant Valley in River Mountain, Little Rock.
What is the average sales price for listings in 7 Pecos Lane?
The average sales price for units in 7 Pecos Lane is $0 currently.

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