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8505 Cedar Terrace

8505 Cedar Terrace, Rogers, AR 72756
Sold Sep 28, 2021
$250,000
$237,500 by Arvest Bank
Mortgage Due Oct 01, 2051
Sold Feb 14, 2018
$170,000
$175,610 by First Security Bank
Mortgage Due Mar 01, 2048
Local assessors in Rogers, AR have categorized 8505 Cedar Terrace as a residential type of property. The property's lot size has been calculated to be 16,988 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8505 Cedar Terrace has a total of 1,918 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of fiberglass. Lots of a combination of material were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8505 Cedar Terrace was last sold in Sep 17, 2021 for $250,000. According to our calculations, that's $130.34 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Feb 13, 2018. Current property owners are expected to pay $1,808 in taxes per year. The property on 8505 Cedar Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $37,580. To break that down further, the land itself was valued at $800. While improvements to the property were assessed at a total of $36,780. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
Cedar Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,918
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE RIDGE ESTATES-RURBAN
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SOUTHERLAND COLE A
  • Current Owner 2: SOUTHERLAND HARTLEY A
  • Previous Owner : HART JOSEPH
  • Previous Owner 2: HART CRYSTAL
  • Owner Before Previous Owner: ROBERTS JAMES T
  • Owner Before Previous Owner 2: ROBERTS JAMES T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rogers Public Schools
  • Census Tract: 021409

Geography

  • District: 15
  • Parcel: 15-07632-000
  • Block: 4
  • Lot: 3
  • Meridian: SEC 07 TWN 19 RNG 28
  • Municipality: RURBAN
  • Latitude: 36.3334
  • Longitude: -94.0016

    Address

  • Full Address: 8505 Cedar Ter
  • Address - House Number: 8505
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ter
  • State: AR
  • City Name: Rogers
  • Carrier Code: R010
  • 4-Digit Zip Code: 8232
  • Zip Code: 72756

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,808
  • Tax Rate Code Area: 30

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 70
  • Final Value: 411,080
  • High Value: 500,061
  • Low Value: 322,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: ARVEST BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2021
  • First Open Lien Mortgage Loan Amount: $237,500
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $187,900
  • Market Land Value: $4,000
  • Market Improvement Value: $183,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,580
  • Assessed Land Value: $800
  • Assessed Improvements Value: $36,780

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 28, 2021
  • Current Sale Transaction ID: 11857375911
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021072438
  • Previous Sale Recording Date: Feb 14, 2018
  • Previous Sale Contract Date: Feb 13, 2018
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARVEST BANK
  • First Mortgage Transaction Date: Sep 28, 2021
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BANK
  • Previous Mortgage Transaction Date: Feb 14, 2018
  • Previous Mortgage Loan Amount: $175,610
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Pine Ridge Estates



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Frequently Asked Questions

What neighborhood is 8505 Cedar Terrace located in?
The 8505 Cedar Terrace is a house located in the neighborhood of Pine Ridge Estates in Pine Ridge Estates, Rogers.
What is the average sales price for listings in 8505 Cedar Terrace?
The average sales price for units in 8505 Cedar Terrace is $0 currently.

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