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702 Walnut Street

702 Walnut Street, Berryville, AR 72616
Property in Carroll
Sold Nov 19, 2020
$123,000
$120,772 by Arvest Bank
Mortgage Due Dec 01, 2050
Sold Jul 19, 2019
$8,000
702 Walnut Street in Berryville, AR was first built in 1944 and is 80 years old. Although, the building on the property was most recently renovated and altered in 2021. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 702 Walnut Street has 998 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 11,248 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. 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 condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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 no air conditioning. As for heating, the home is utilizing no 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, 702 Walnut Street sold most recently in Nov 19, 2020 for a total of $123,000. If you work out the math, that's approximately a cost of $123.25 per sqft. Before that, the property was also sold for $8,000 in Jul 1, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $203 in taxes each year. The initial year of tax delinquency occurred in 2013. 702 Walnut Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,210. If we break it down further, the land itself was valued at $3,400. Improvements to the property, however, were assessed at a total of $11,810. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,248
  • Total Building Area: 998
  • Building Area: 998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOBO
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3, S 1/2 LOT 4 LOT 3=50'X150' LOT 4=25'X150'

Ownership

  • Current Owner : RAMIREZ ISAAC REINALDO GOMEZ
  • Previous Owner : BOWER CHRISTOPHER D
  • Owner Before Previous Owner: COMMISSIONER OF STATE LANDS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berryville Public Schools
  • School Tax School District: BERRYVILLE
  • School Tax District Code 2: BERRYVILLE
  • Census Tract: 950301

Geography

  • District: 875
  • Parcel: 875-00723-000
  • Block: 6
  • Lot: 3,4
  • Meridian: SEC 30 TWN 20 RNG 24
  • Municipality: BERRYVILLE
  • Latitude: 36.3721
  • Longitude: -93.5737

    Address

  • Full Address: 702 Walnut St
  • Address - House Number: 702
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: AR
  • City Name: Berryville
  • Carrier Code: R007
  • 4-Digit Zip Code: 3252
  • Zip Code: 72616

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203
  • Intital Tax Deliquent Year: 2013
  • Tax Rate Code Area: 27B

    Appraisal Valuation

  • Standard Deviation: 0.4533
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 9
  • Final Value: 112,782
  • High Value: 163,911
  • Low Value: 61,652

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $130,272
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Nov 19, 2020
  • First Open Lien Mortgage Loan Amount: $120,772
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: COASTAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Nov 09, 2023
  • Second Open Lien Mortgage Loan Amount: $9,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $76,050
  • Market Land Value: $17,000
  • Market Improvement Value: $59,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,210
  • Assessed Land Value: $3,400
  • Assessed Improvements Value: $11,810

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 19, 2020
  • Current Sale Transaction ID: 11807991577
  • Current Sale Price: $123,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 19, 2019
  • Previous Sale Contract Date: Jul 01, 2019
  • Previous Sale Amount: $8,000
  • Previous Sale Document Type: Public Action - Common in Florida (Clerks Tax Deed or Tax Deeds or property sold for taxes.

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Nov 19, 2020
  • First Mortgage Loan Amount: $120,772
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Berryville



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Frequently Asked Questions

What neighborhood is 702 Walnut Street located in?
The 702 Walnut Street is a located in the neighborhood of Carroll in Berryville, Berryville.
What is the average sales price for listings in 702 Walnut Street?
The average sales price for units in 702 Walnut Street is $0 currently.

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