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940 East Arlington Terrace

940 East Arlington Terrace, Fayetteville, AR 72701
Property in Washington
Sold Sep 01, 2020
$400,000
$500,000 by Signature Bank Of Arkansas
Mortgage Due Sep 01, 2052
Sold Feb 03, 1965
Transfer
940 East Arlington Terrace in Fayetteville, AR was first built in 1975 and is 49 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 bi-level style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 940 East Arlington Terrace has 3,342 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 43,560 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a mixed used garage. The garage is 720 sqft. There are a total of 2 available parking spaces. 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 B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 940 East Arlington Terrace sold most recently in Aug 28, 2020 for a total of $400,000. If you work out the math, that's approximately a cost of $119.69 per sqft. 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 $5,570 in taxes each year. The initial year of tax delinquency occurred in 2018. 940 East Arlington Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $129,330. If we break it down further, the land itself was valued at $40,500. Improvements to the property, however, were assessed at a total of $88,830. 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: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • 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: Unspecified basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 720
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,342
  • Building Area: 3,342
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,342
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VIRGINIA HILLS ADD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LEE JUDSON
  • Current Owner 2: LEE ASHLEY
  • Previous Owner : MCKINNEY GEORGE THOMAS
  • Previous Owner 2: MCKINNEY GEORGE TONI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 010110

Geography

  • Parcel: 765-11827-000
  • Block: 2
  • Lot: 6
  • Meridian: SEC 10 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0776
  • Longitude: -94.1446

    Address

  • Full Address: 940 E Arlington Ter
  • Address - House Number: 940
  • Street Direction: E
  • Address - Street Name: Arlington
  • Address - Suffix Type: Ter
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: C012
  • 4-Digit Zip Code: 2229
  • Zip Code: 72701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,570
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 830,967
  • High Value: 980,010
  • Low Value: 681,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: SIGNATURE BANK OF ARKANSAS
  • First Open Lien Mortgage Recording Date: Aug 23, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $646,650
  • Market Land Value: $202,500
  • Market Improvement Value: $444,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,330
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $88,830

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11784808379
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00030813
  • Previous Sale Recording Date: Feb 03, 1965
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIGNATURE BANK OF ARKANSAS
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About Fayetteville



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Frequently Asked Questions

What neighborhood is 940 East Arlington Terrace located in?
The 940 East Arlington Terrace is a located in the neighborhood of Washington in Fayetteville, Fayetteville.
What is the average sales price for listings in 940 East Arlington Terrace?
The average sales price for units in 940 East Arlington Terrace is $0 currently.

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