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1001 Oakwood Lane

1001 Oakwood Lane, Centerton, AR 72719
Property in Copper Oaks
Sold May 04, 2021
$325,000
$240,000 by United Bank
Mortgage Due May 01, 2036
Local assessors in Centerton, AR have categorized 1001 Oakwood Lane as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 8,712 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. As for the restroom situation, there are 4 full bathrooms. There are also 4 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 1001 Oakwood Lane has a total of 2,672 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 400 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 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 hip style roof that was made of fiberglass. Lots of masonry 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, 1001 Oakwood Lane sold most recently in Apr 29, 2021 for a total of $325,000. If you work out the math, that's approximately a cost of $121.63 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 $3,134 in taxes each year. 1001 Oakwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $50,800. If we break it down further, the land itself was valued at $7,600. Improvements to the property, however, were assessed at a total of $43,200. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,672
  • Building Area: 2,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COPPER OAKS-CENTERTON
  • Land Acres: 0.2
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: PLAT 2005-350, 352

Ownership

  • Current Owner : VALLAMATE SAI HARSHA
  • Previous Owner : HARRIGAN JOHN M
  • Previous Owner 2: HARRIGAN LAURA A

Neighborhood

  • School District Name: Bentonville Public Schools
  • Census Tract: 020903

Geography

  • District: 06
  • Parcel: 06-02286-000
  • Lot: 37
  • Meridian: SEC 34 TWN 20 RNG 31
  • Municipality: CENTERTON
  • Latitude: 36.3601
  • Longitude: -94.2681

    Address

  • Full Address: 1001 Oakwood Ln
  • Address - House Number: 1001
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Ln
  • State: AR
  • City Name: Centerton
  • Carrier Code: R005
  • 4-Digit Zip Code: 9784
  • Zip Code: 72719

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,134
  • Tax Rate Code Area: CC6

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 67
  • Final Value: 317,348
  • High Value: 368,686
  • Low Value: 266,009

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: UNITED BANK
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $254,000
  • Market Land Value: $38,000
  • Market Improvement Value: $216,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,800
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $43,200

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Transaction ID: 11833673355
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021033567

    Last Sale Mortgage

  • First Mortgage Lender: UNITED BANK
  • First Mortgage Transaction Date: May 04, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1001 Oakwood Lane located in?
The 1001 Oakwood Lane is a located in the neighborhood of Copper Oaks in Copper Oaks, Centerton.
What is the average sales price for listings in 1001 Oakwood Lane?
The average sales price for units in 1001 Oakwood Lane is $0 currently.

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