827 Malcolm Avenue

827 Malcolm Avenue has been categorized by the local assessors in Newport, AR as a recreational type of property. The building on the property was first built in 1962 and is 62 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 1,170 ft. The area measurement of the land has been determined as 16,596 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as average. The building has a wood truss style roof. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 827 Malcolm Avenue was last sold in Mar 16, 2024 for $65,000. According to our calculations, that's $18.14 per sqft. Prior to that sales transaction, the property was sold for $2,611 in Oct 17, 2023. Current property owners are expected to pay $1,108 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 827 Malcolm Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $21,310. To break that down further, the land itself was valued at $4,980. While improvements to the property were assessed at a total of $16,330. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.