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942 James Madison Drive

942 James Madison Drive, Benton, AR 72019
House in Saline
Sold Oct 01, 2020
$150,000
$151,515 by Highlands Residential Mortgage
Mortgage Due Oct 01, 2050
Sold Sep 06, 2017
$123,000
$120,772 by The Carroll Mortgage Group Inc
Mortgage Due Sep 01, 2047
942 James Madison Drive has been categorized by the local assessors in Benton, AR as a residential type of property. The building on the property was first built in 2012 and is 12 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 942 James Madison Drive has 1,255 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,080 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,020 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of fiberglass. As for the floors, you'll see that the home has flooring throughout. 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. 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, 942 James Madison Drive sold most recently in Sep 23, 2020 for a total of $150,000. If you work out the math, that's approximately a cost of $119.52 per sqft. Before that, the property was also sold for $123,000 in Aug 31, 2017. 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 $1,484 in taxes each year. 942 James Madison Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $31,555. If we break it down further, the land itself was valued at $6,720. Improvements to the property, however, were assessed at a total of $24,835. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior
Metal Exterior
Vinyl Siding

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,255
  • Building Area: 1,255
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,255
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE CREEK @ CENTENNIAL VALLEY PH 2
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2020-021785

Ownership

  • Current Owner : ALLEN GALA J
  • Previous Owner : ARMSTRONG ANDREW P
  • Previous Owner 2: ARMSTRONG BROOK BAILEY
  • Owner Before Previous Owner: GARRIGUS BRITTANY L
  • Owner Before Previous Owner 2: GARRIGUS ZACHARY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Benton School District
  • School Tax School District: BENTON
  • Census Tract: 010508

Geography

  • Parcel: 343-00500-035
  • Lot: 35
  • Meridian: SEC 18 TWN 02S RNG 15W
  • Municipality: BENTON
  • Latitude: 34.5568
  • Longitude: -92.6499

    Address

  • Full Address: 942 James Madison Dr
  • Address - House Number: 942
  • Address - Street Name: James Madison
  • Address - Suffix Type: Dr
  • State: AR
  • City Name: Benton
  • Carrier Code: R009
  • 4-Digit Zip Code: 8734
  • Zip Code: 72019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,484
  • Tax Rate Code Area: 080

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 200,170
  • High Value: 244,402
  • Low Value: 155,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,515
  • First Open Lien Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $151,515
  • 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, 2050

    Market Valuation

  • Market Total Value: $157,775
  • Market Land Value: $33,600
  • Market Improvement Value: $124,175

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,555
  • Assessed Land Value: $6,720
  • Assessed Improvements Value: $24,835

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11791477300
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-021785
  • Previous Sale Recording Date: Sep 06, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $151,515
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE CARROLL MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Sep 06, 2017
  • Previous Mortgage Loan Amount: $120,772
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Saline



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Frequently Asked Questions

What neighborhood is 942 James Madison Drive located in?
The 942 James Madison Drive is a house located in the neighborhood of Saline in Saline, Benton.
What is the average sales price for listings in 942 James Madison Drive?
The average sales price for units in 942 James Madison Drive is $0 currently.

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