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716 North Monroe Street

716 North Monroe Street, Little Rock, AR 72205
Property in Hillcrest
Sold Oct 14, 2021
Transfer
$271,000 by Arvest Bank
Mortgage Due Nov 01, 2051
Sold Oct 14, 2021
$276,000
716 North Monroe Street in Little Rock, AR was first built in 1930 and is 94 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 ranch/rambler style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 716 North Monroe Street has 1,544 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 6,970 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. 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. 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. Before that, the property was also sold for $276,000 in Oct 8, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,559 in taxes each year. 716 North Monroe Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $50,847. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $25,847. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,544
  • Gross Building Area: 1,544
  • Building Area: 1,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PULASKI HEIGHTS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GALLUP MICHAEL A
  • Current Owner 2: GALLUP MICHALA R
  • Previous Owner : GALLUP MICHAEL A
  • Owner Before Previous Owner: SHNAEKEL KELSEY
  • Owner Before Previous Owner 2: LANCASTER KELSEY F

Neighborhood

  • School District Name: Little Rock School District
  • School Tax School District: LITTLE ROCK
  • Census Tract: 001501

Geography

  • Parcel: 33L-047-00-405-00
  • Block: 39
  • Lot: 13
  • Meridian: SEC 31 TWN 02N RNG 12W
  • Municipality: LITTLE ROCK
  • Latitude: 34.7579
  • Longitude: -92.328

    Address

  • Full Address: 716 N Monroe St
  • Address - House Number: 716
  • Street Direction: N
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: AR
  • City Name: Little Rock
  • Carrier Code: C044
  • 4-Digit Zip Code: 3746
  • Zip Code: 72205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,559
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.233
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 67
  • Final Value: 310,539
  • High Value: 382,912
  • Low Value: 238,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $271,000
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $271,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $254,235
  • Market Land Value: $125,000
  • Market Improvement Value: $129,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,847
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $25,847

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11859628053
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021073562
  • Previous Sale Recording Date: Oct 14, 2021
  • Previous Sale Contract Date: Oct 08, 2021
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $271,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

About Hillcrest



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Frequently Asked Questions

What neighborhood is 716 North Monroe Street located in?
The 716 North Monroe Street is a located in the neighborhood of Hillcrest in Hillcrest, Little Rock.
What is the average sales price for listings in 716 North Monroe Street?
The average sales price for units in 716 North Monroe Street is $0 currently.

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