Check Availability

303 Ridge Avenue

303 Ridge Avenue, Mena, AR 71953
Property in Polk
Sold Feb 24, 2017
$99,000
$104,040 by First Arkansas Financial Inc
Mortgage Due Mar 01, 2047
Sold Aug 01, 1995
$39,000
Local assessors in Mena, AR have categorized 303 Ridge Avenue as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 20,255 square feet. As for the restroom situation, there is one full bathroom. 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 303 Ridge Avenue has a total of 1,291 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 carport for those who need a place to park their vehicle. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 masonry 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 shingle (not wood). Lots of brick 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. 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, 303 Ridge Avenue sold most recently in Feb 24, 2017 for a total of $99,000. If you work out the math, that's approximately a cost of $76.68 per sqft. Before that, the property was also sold for $39,000 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 $375 in taxes each year. 303 Ridge Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,670. If we break it down further, the land itself was valued at $2,330. Improvements to the property, however, were assessed at a total of $24,340. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,255
  • Total Building Area: 1,291
  • Building Area: 1,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HORNBECK PLACE
  • Land Acres: 0.465
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PART OF LOT EIGHTEEN (PT LT 18) OF HORNBECK PLACE ADDITION TO THE CITY OF MENA, POLK COUNTY, ARKANSAS, PER THE RECORD PLAT, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF LOT 18 OF THE HORNBECK PLACE ADDITION TO MENA, AR; THENCE WEST 26.

Ownership

  • Current Owner : COX PATRICIA A
  • Previous Owner : SEXTON KAREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mena Public Schools
  • School Tax School District: MENA
  • School Tax District Code 2: MENA
  • Census Tract: 950400

Geography

  • District: 6000
  • Parcel: 6000-01917-0100
  • Lot: 18,18
  • Meridian: SEC 18 TWN 02 RNG 30
  • Municipality: MENA
  • Latitude: 34.5725
  • Longitude: -94.2342

    Address

  • Full Address: 303 Ridge Ave
  • Address - House Number: 303
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ave
  • State: AR
  • City Name: Mena
  • Carrier Code: R010
  • 4-Digit Zip Code: 4928
  • Zip Code: 71953

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375
  • Tax Rate Code Area: 23MS

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 104,364
  • High Value: 150,103
  • Low Value: 58,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,040
  • First Open Lien Mortgage Lender: FIRST ARKANSAS FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 24, 2017
  • First Open Lien Mortgage Loan Amount: $104,040
  • 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: Mar 01, 2047

    Market Valuation

  • Market Total Value: $133,350
  • Market Land Value: $11,650
  • Market Improvement Value: $121,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,670
  • Assessed Land Value: $2,330
  • Assessed Improvements Value: $24,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Feb 24, 2017
  • Current Sale Transaction ID: 1732739092
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 01, 1995
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ARKANSAS FINANCIAL INC
  • First Mortgage Transaction Date: Feb 24, 2017
  • First Mortgage Loan Amount: $104,040
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

About Mena



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 303 Ridge Avenue located in?
The 303 Ridge Avenue is a located in the neighborhood of Polk in Mena, Mena.
What is the average sales price for listings in 303 Ridge Avenue?
The average sales price for units in 303 Ridge Avenue is $0 currently.

Quantcast