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7 West South Street

7 West South Street, Fayetteville, AR 72701
Property in Jennings Plus
Sold Nov 01, 2016
$67,000
$214,900 by First Horizon Bank
Mortgage Due Nov 01, 2051
Sold Mar 23, 2005
$62,000
$52,700 by The Bank Of Fayetteville Na
Mortgage Due Mar 18, 2007
Local assessors in Fayetteville, AR have categorized 7 West South Street as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 43,560 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 7 West South Street has a total of 2,368 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. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. 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 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 shed style roof that was made of metal. Lots of a material which is produced from two or more constituent materials 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, 7 West South Street sold most recently in Oct 28, 2016 for a total of $67,000. If you work out the math, that's approximately a cost of $28.29 per sqft. Before that, the property was also sold for $62,000 in Mar 18, 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 $3,023 in taxes each year. 7 West South Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,800. If we break it down further, the land itself was valued at $19,500. Improvements to the property, however, were assessed at a total of $95,300. 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: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Composition
  • Roof Shape Type: Shed
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JENNINGS ADD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HODGSON DANIEL
  • Current Owner 2: HODGSON ALISON
  • Previous Owner : EMPEROR INVESTMENT LLC
  • Owner Before Previous Owner: KILGORE JOSEPH R
  • Owner Before Previous Owner 2: KILGORE SHERI D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayetteville School District
  • School Tax School District: FAYETTEVILLE
  • School Tax District Code 2: FAYETTEVILLE
  • Census Tract: 011104

Geography

  • Parcel: 765-07063-000
  • Block: 9
  • Lot: 3
  • Meridian: SEC 16 TWN 16 RNG 30
  • Municipality: FAYETTEVILLE
  • Latitude: 36.0589
  • Longitude: -94.1602

    Address

  • Full Address: 7 W South St
  • Address - House Number: 7
  • Street Direction: W
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: AR
  • City Name: Fayetteville
  • Carrier Code: C001
  • 4-Digit Zip Code: 6071
  • Zip Code: 72701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,023
  • Tax Rate Code Area: 011

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 585,906
  • High Value: 690,994
  • Low Value: 480,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,900
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $214,900
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $574,000
  • Market Land Value: $97,500
  • Market Improvement Value: $476,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,800
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $95,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Transaction ID: 1844000053
  • Current Sale Price: $67,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-00032327
  • Previous Sale Recording Date: Mar 23, 2005
  • Previous Sale Contract Date: Mar 18, 2005
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 01, 2016
  • First Mortgage Loan Amount: $269,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF FAYETTEVILLE NA
  • Previous Mortgage Transaction Date: Mar 23, 2005
  • Previous Mortgage Loan Amount: $52,700
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 18, 2007

About Jennings Plus



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Frequently Asked Questions

What neighborhood is 7 West South Street located in?
The 7 West South Street is a located in the neighborhood of Jennings Plus in Jennings Plus, Fayetteville.
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