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701 West Spring Street

701 West Spring Street, Heber Springs, AR 72543
Property in Cleburne
Sold Sep 13, 2016
$99,000
$101,128 by Us Bank Na
Mortgage Due Oct 01, 2046
Sold Feb 27, 2008
$115,000
$86,250 by Metropolitan National Bank
Mortgage Due Mar 01, 2038
701 West Spring Street in Heber Springs, AR was first built in 1965 and is 59 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 3 partial bathrooms. 701 West Spring Street has 1,531 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 24,905 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. There are a total of 2 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 masonry 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 brick veneer. 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. The property was last sold in Sep 12, 2016 for $99,000. That's $64.66 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2008 for $115,000. 701 West Spring Street was last assessed in 2023. The total value of the property was assessed at $29,916. Specifically, the land the property is located on was valued at $3,750. While improvements on the property were assessed at a total of $26,166. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $458. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 1,456
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,905
  • Total Building Area: 1,531
  • Building Area: 1,531
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,531
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEILIGER ADDITION
  • Land Acres: 0.571
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 8-10

Ownership

  • Current Owner : LAWSON MICHAEL W
  • Current Owner 2: LAWSON DONNA L
  • Previous Owner : RATLIFF JACK ROBIN
  • Previous Owner 2: RATLIFF CAROL JEAN
  • Owner Before Previous Owner: COTTON GEORGE H
  • Owner Before Previous Owner 2: CLARK ROBERT L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Heber Springs School District
  • School Tax School District: HEBER SPRINGS
  • School Tax District Code 2: HEBER SPRINGS
  • Census Tract: 480302

Geography

  • District: 300
  • Parcel: 300-01153-001
  • Block: 1
  • Lot: 8-10
  • Meridian: SEC 14 TWN 10 RNG 10
  • Municipality: HEBER SPRINGS
  • Latitude: 35.4929
  • Longitude: -92.0368

    Address

  • Full Address: 701 W Spring St
  • Address - House Number: 701
  • Street Direction: W
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: AR
  • City Name: Heber Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 2934
  • Zip Code: 72543

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $458
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1178
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 76
  • Final Value: 157,021
  • High Value: 175,532
  • Low Value: 138,509

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,307
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 13, 2016
  • First Open Lien Mortgage Loan Amount: $101,128
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 15, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $26,179
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 05, 2051

    Market Valuation

  • Market Total Value: $149,580
  • Market Land Value: $18,750
  • Market Improvement Value: $130,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,916
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $26,166

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Transaction ID: 1795550533
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201604794
  • Previous Sale Recording Date: Feb 27, 2008
  • Previous Sale Contract Date: Feb 25, 2008
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 13, 2016
  • First Mortgage Loan Amount: $101,128
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: METROPOLITAN NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 27, 2008
  • Previous Mortgage Loan Amount: $86,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2038

About Heber Springs



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Nearby Rentals

Unit for rent at 609 N Broadway Street, Heber Springs, AR, 72543

$700 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,100 ft²
609 N Broadway Street, Heber Springs, AR, 72543 Listing by Cathy Eoff

Frequently Asked Questions

What neighborhood is 701 West Spring Street located in?
The 701 West Spring Street is a located in the neighborhood of Cleburne in Heber Springs, Heber Springs.
What is the average sales price for listings in 701 West Spring Street?
The average sales price for units in 701 West Spring Street is $0 currently.

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