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412 Velma Street

412 Velma Street, Harrison, AR 72601
Property in Boone
Sold Sep 19, 2016
$43,800
$38,982 by Community First Bank
Mortgage Due Oct 01, 2046
Sold Dec 26, 2001
$58,000
Buyer
412 Velma Street has been categorized by the local assessors in Harrison, AR as a residential type of property. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 412 Velma Street has 1,419 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 1,380 ft and across the front of the lot is 1,070 ft. The area measurement of the land has been determined as 14,766 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 672 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 composition shingle. The exterior walls of the building are made of alum/vinyl siding. 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. The property was last sold in Sep 15, 2016 for $43,800. That's $30.87 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $58,000. 412 Velma Street was last assessed in 2023. The total value of the property was assessed at $17,800. Specifically, the land the property is located on was valued at $2,400. While improvements on the property were assessed at a total of $15,400. 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 $712. 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

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,766
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,419
  • Building Area: 1,419
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,419
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIS ADD
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 5

Ownership

  • Current Owner : KELLY BENJAMIN
  • Previous Owner : HINCHEY BETTIE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Harrison School District
  • School Tax School District: HARRISON
  • School Tax District Code 2: HARRISON
  • Census Tract: 790600

Geography

  • District: 825
  • Parcel: 825-00390-000
  • Block: 1
  • Lot: 5
  • Meridian: SEC 10 TWN 18 RNG 20
  • Municipality: HARRISON
  • Latitude: 36.2246
  • Longitude: -93.0945

    Address

  • Full Address: 412 Velma St
  • Address - House Number: 412
  • Address - Street Name: Velma
  • Address - Suffix Type: St
  • State: AR
  • City Name: Harrison
  • Carrier Code: C003
  • 4-Digit Zip Code: 5449
  • Zip Code: 72601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $712
  • Tax Rate Code Area: 1C

    Appraisal Valuation

  • Standard Deviation: 0.4773
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 4
  • Final Value: 51,170
  • High Value: 75,595
  • Low Value: 26,744

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $38,982
  • First Open Lien Mortgage Lender: COMMUNITY FIRST BANK
  • First Open Lien Mortgage Recording Date: Sep 19, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $38,982
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046

    Market Valuation

  • Market Total Value: $89,000
  • Market Land Value: $12,000
  • Market Improvement Value: $77,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,800
  • Assessed Land Value: $2,400
  • Assessed Improvements Value: $15,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2016
  • Current Sale Recording Date: Sep 19, 2016
  • Current Sale Transaction ID: 1842521103
  • Current Sale Price: $43,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016005362
  • Previous Sale Recording Date: Dec 26, 2001
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY FIRST BANK
  • First Mortgage Transaction Date: Sep 19, 2016
  • First Mortgage Loan Amount: $38,982
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Variable

About Harrison



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Frequently Asked Questions

What neighborhood is 412 Velma Street located in?
The 412 Velma Street is a located in the neighborhood of Boone in Harrison, Harrison.
What is the average sales price for listings in 412 Velma Street?
The average sales price for units in 412 Velma Street is $0 currently.

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