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3701 Southwest 2nd Street

3701 Southwest 2nd Street, Bentonville, AR 72712
Property in Benton
Sold Nov 27, 2012
$133,000
$510,400 by Grand Savings Bank
Mortgage Due Oct 01, 2050
Local assessors in Bentonville, AR have categorized 3701 Southwest 2nd Street as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 105,851 square feet. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3701 Southwest 2nd Street has a total of 3,956 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 968 sqft. There are 4 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a hip style roof that was made of fiberglass. Lots of wood 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. The property was last sold in Nov 26, 2012 for $133,000. That's $33.62 per sqft. 3701 Southwest 2nd Street was last assessed in 2023. The total value of the property was assessed at $162,170. Specifically, the land the property is located on was valued at $22,840. While improvements on the property were assessed at a total of $139,330. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,728. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 968
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 105,851
  • Total Building Area: 3,956
  • Building Area: 3,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PATTON ADD-BENTONVILLE
  • Land Acres: 2.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REPLAT 9/05/2012 2012-328 & REPLAT 7/10/2013 2013-390

Ownership

  • Current Owner : BINNS RICHARD C
  • Current Owner 2: BINNS BERKLI P
  • Previous Owner : FOX FARR INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • District: 01
  • Parcel: 01-10401-005
  • Lot: 7
  • Meridian: SEC 35 TWN 20 RNG 31
  • Municipality: BENTONVILLE
  • Latitude: 36.3701
  • Longitude: -94.2543

    Address

  • Full Address: 3701 Sw 2nd St
  • Address - House Number: 3701
  • Street Direction: SW
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: AR
  • City Name: Bentonville
  • Carrier Code: R050
  • 4-Digit Zip Code: 9112
  • Zip Code: 72712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,728
  • Tax Rate Code Area: C6

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 81
  • Final Value: 1,163,681
  • High Value: 1,339,300
  • Low Value: 988,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: GRAND SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: $810,850
  • Market Land Value: $114,200
  • Market Improvement Value: $696,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,170
  • Assessed Land Value: $22,840
  • Assessed Improvements Value: $139,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2012
  • Current Sale Recording Date: Nov 27, 2012
  • Current Sale Transaction ID: 1023325954
  • Current Sale Price: $133,000
  • Current Sale Document Type: Corporation Deed

About Bentonville



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Frequently Asked Questions

What neighborhood is 3701 Southwest 2nd Street located in?
The 3701 Southwest 2nd Street is a located in the neighborhood of Benton in Bentonville, Bentonville.
What is the average sales price for listings in 3701 Southwest 2nd Street?
The average sales price for units in 3701 Southwest 2nd Street is $0 currently.

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