NOT LISTED FOR SALE

1003 Mill St Springdale, AR 72764

Estimated Value: $275,000 - $344,000

Studio
2 Baths
1,808 Sq Ft
$172/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $290,000 $160 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,817/month

13 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Double Pane Windows
  • No HOA
  • Eat-In Kitchen
  • Property near a hospital

About This Home

As of June 2022

Rare investment property in wonderful neighborhood in older part of Springdale. Nice older homes all around. Look at the capitalization rate of 7.8 % This triplex has a waiting list and never stays vacant. Seller keeps it in good shape. Close to Greenway trails, fire station, schools, shopping and medical facilities. Please include proof of funds/pre approval letter with your offer.

Last Agent to Sell the Property

John Campbell

Associated Brokers Company License #PB00011509 Listed on: 04/12/2022

Last Buyer's Agent

Noah Jones

Front Porch Real Estate License #SA00088814

Front Porch Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $898

Year Built

  • Built in 1927

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Corner Lot
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Carpet
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Location

  • Property near a hospital
  • Property is near schools
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Hand Rail
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 53

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Highland Add Subdivision

Building Details

  • Operating Expense $8,178
  • Gross Income $28,440
  • Net Operating Income $20,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$898

Year Built

Built in 1927

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Subdivision Name: Highland Add
  • Directions: The intersection of Mill Street and Lowell Road and Old Wire Road in Springdale. Turn north on Mill Street from Huntsville Road in Springdale.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Accessibility Features: Hand Rails
  • Has Basement: Crawl Space
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 1808.0
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared, Corner Lot, City Lot
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Covered
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: One Space, Aggregate, Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools
  • Association: No

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 28440.0
  • Property Net Operating Income: 20262.0
  • Annual Operating Expense: 8178.0

Tax Info

  • Tax Annual Amount: 898.0
  • Tax Block: 0
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2025
Sold by
Rico Anthony
Bought by
Rico Anthony and Coria Dulce
Current Estimated Value
$311,196

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 19, 2022
Sold by
Elliott Sheila and Elliott Dennis
Bought by
Rico Anthony
Seller's Agent
John Campbell
Associated Brokers Company
Buyer's Agent
Noah Jones
Front Porch Real Estate
List Price
$259,900
Sold Price
$290,000
Premium/Discount to List
$30,100
11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%

Purchase Details

Closed on
May 13, 2021
Sold by
Elliott Sheila and Elliott Dennis
Bought by
Elliott Sheila and Elliott Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 13, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Elliott Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
A & J Development Inc
Bought by
Woody William J and Woody Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 24, 1995
Bought by
A&J Development Inc An Ar Corp

Purchase Details

Closed on
Feb 17, 1995
Bought by
Smith James G

Purchase Details

Closed on
Feb 2, 1994
Bought by
A&J Development Inc An Ar Corp

Purchase Details

Closed on
Jan 1, 1994
Bought by
Smith James G
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Rico Anthony -- None Listed On Document
Rico Anthony $290,000 None Listed On Document
Elliott Sheila -- Realty Title & Closing Svcs
Elliott Sheila $42,000 Associates Closing & Title
Woody William J $120,000 Waco Title Company
A&J Development Inc An Ar Corp $21,000 --
Smith James G -- --
A&J Development Inc An Ar Corp -- --
Smith James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Sheila $118,500
Previous Owner Elliott Sheila $33,600
Previous Owner Woody William J $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $290,000 +11.6% $160 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $259,900 -- $144 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,165 $41,870 $14,000 $27,870
2024 $2,165 $41,870 $14,000 $27,870
2023 $2,207 $41,870 $14,000 $27,870
2022 $1,052 $23,930 $6,000 $17,930
2021 $975 $23,930 $6,000 $17,930
2020 $898 $23,930 $6,000 $17,930
2019 $766 $14,530 $5,000 $9,530
2018 $766 $14,530 $5,000 $9,530
2017 $758 $14,530 $5,000 $9,530
2016 $758 $14,530 $5,000 $9,530
2015 $758 $14,530 $5,000 $9,530
2014 $896 $17,170 $5,000 $12,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1215238

Northwest Arkansas Board of REALTORS®

APN: 815-22873-001

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