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891 Lakeview Drive

891 Lakeview Drive, Eureka Springs, AR 72631
Property in Carroll
Sold Mar 27, 2018
$400,000
$320,000 by Equity Bank
Mortgage Due Apr 01, 2048
Sold May 04, 1993
$29,000
Buyer
Seller
Local assessors in Eureka Springs, AR have categorized 891 Lakeview Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 87,120 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 891 Lakeview Drive has a total of 3,257 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 attached 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 composition shingle. Lots of wood 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 and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 891 Lakeview Drive sold most recently in Mar 23, 2018 for a total of $400,000. If you work out the math, that's approximately a cost of $122.81 per sqft. Before that, the property was also sold for $29,000 in Jan 1, 1970. 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 $3,925 in taxes each year. 891 Lakeview Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $81,610. If we break it down further, the land itself was valued at $16,500. Improvements to the property, however, were assessed at a total of $65,110. 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. 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.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 352
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 3,257
  • Building Area: 3,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,257
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET SHORES
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 2

Ownership

  • Current Owner : BURKE DARLA
  • Previous Owner : MARIS JAMES L
  • Previous Owner 2: JEAN MARIS B
  • Owner Before Previous Owner: THOMAS

Neighborhood

  • School District Name: Eureka Springs School District
  • School Tax School District: EUREKA SPRINGS
  • Census Tract: 950201

Geography

  • District: 424
  • Subdivision Tract Number: 2
  • Parcel: 424-00002-001
  • Lot: 2
  • Meridian: SEC 20 TWN 20 RNG 27
  • Municipality: EUREKA AMBULANCE
  • Latitude: 36.3909
  • Longitude: -93.8681

    Address

  • Full Address: 891 Lakeview Dr
  • Address - House Number: 891
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Eureka Springs
  • Carrier Code: R002
  • 4-Digit Zip Code: 9000
  • Zip Code: 72631

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,925
  • Tax Rate Code Area: 21A

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 65
  • Final Value: 580,200
  • High Value: 722,238
  • Low Value: 438,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: EQUITY BANK
  • First Open Lien Mortgage Recording Date: Mar 27, 2018
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $408,050
  • Market Land Value: $82,500
  • Market Improvement Value: $325,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,610
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $65,110

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: Mar 27, 2018
  • Current Sale Transaction ID: 11456473921
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 04, 1993
  • Previous Sale Amount: $29,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY BANK
  • First Mortgage Transaction Date: Mar 27, 2018
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

About Carroll



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Frequently Asked Questions

What neighborhood is 891 Lakeview Drive located in?
The 891 Lakeview Drive is a located in the neighborhood of Carroll in Carroll, Eureka Springs.
What is the average sales price for listings in 891 Lakeview Drive?
The average sales price for units in 891 Lakeview Drive is $0 currently.

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