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1871 Falcon Way

1871 Falcon Way, Benton, AR 72015
Property in Saline
Sold Jun 12, 2017
$135,000
$132,554 by Bank Of The Ozarks
Mortgage Due Jun 01, 2047
Sold Dec 07, 2005
$124,000
$124,000 by Merrill Lynch Credit Corp
Mortgage Due Dec 01, 2035
Local assessors in Benton, AR have categorized 1871 Falcon Way as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 8,496 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 720 ft. As for the restroom situation, there are 2 full bathrooms. 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 1871 Falcon Way has a total of 1,505 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 a open porch so you'll have a great option in the front 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 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 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, 1871 Falcon Way sold most recently in May 26, 2017 for a total of $135,000. If you work out the math, that's approximately a cost of $89.70 per sqft. Before that, the property was also sold for $124,000 in Nov 30, 2005. 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 $1,785 in taxes each year. 1871 Falcon Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,526. If we break it down further, the land itself was valued at $6,800. Improvements to the property, however, were assessed at a total of $27,726. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • 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: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,496
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,505
  • Building Area: 1,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,505
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLE POINT PH 5B
  • Land Acres: 0.195
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2017-010492

Ownership

  • Current Owner : YOUNG MICHAEL COBIEN
  • Previous Owner : BRYANT MICAH A
  • Previous Owner 2: BRYANT MARY E
  • Owner Before Previous Owner: CENTURY HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bryant Public Schools
  • School Tax School District: BRYANT
  • School Tax District Code 2: BENTON
  • Census Tract: 010105

Geography

  • Parcel: 800-19486-061
  • Lot: 61
  • Meridian: SEC 01 TWN 02S RNG 15W
  • Municipality: BENTON
  • Latitude: 34.5811
  • Longitude: -92.5525

    Address

  • Full Address: 1871 Falcon Way
  • Address - House Number: 1871
  • Address - Street Name: Falcon
  • Address - Suffix Type: Way
  • State: AR
  • City Name: Benton
  • Carrier Code: C004
  • 4-Digit Zip Code: 3115
  • Zip Code: 72015

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,785
  • Tax Rate Code Area: 252

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 217,029
  • High Value: 262,582
  • Low Value: 171,477

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,554
  • First Open Lien Mortgage Lender: BANK OF THE OZARKS
  • First Open Lien Mortgage Recording Date: Jun 12, 2017
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $172,630
  • Market Land Value: $34,000
  • Market Improvement Value: $138,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,526
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $27,726

    Sales

  • Current Sale Contract Date: May 26, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Transaction ID: 1735934372
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-010492
  • Previous Sale Recording Date: Dec 07, 2005
  • Previous Sale Contract Date: Nov 30, 2005
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE OZARKS
  • First Mortgage Transaction Date: Jun 12, 2017
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • Previous Mortgage Transaction Date: Dec 07, 2005
  • Previous Mortgage Loan Amount: $124,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Benton



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Frequently Asked Questions

What neighborhood is 1871 Falcon Way located in?
The 1871 Falcon Way is a located in the neighborhood of Saline in Benton, Benton.
What is the average sales price for listings in 1871 Falcon Way?
The average sales price for units in 1871 Falcon Way is $0 currently.

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