NOT LISTED FOR SALE

1003 N Britt St Unit 1-16 Siloam Springs, AR 72761

Estimated Value: $172,000 - $1,363,247

-- Bed
-- Bath
13,280 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $770,000 $58 Per Sq Ft

Current estimated payment $4,100/month

253 Days on Market

Highlights

  • 1.12 Acre Lot
  • Ceramic Tile Flooring
  • Privacy Fence
  • No HOA
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of December 2016

16 single family homes sold as package. All houses are 2bed/1bath, community parking. Tenants pay utilities. Great deal for a buy and hold investor. Please do not disturb tenants.

Last Agent to Sell the Property

Ryan Russell

Equity Partners Realty License #EB00056667 Listed on: 03/18/2016

Co-Listed By

Bradley Felts

Crye-Leike REALTORS, Siloam Springs License #SA00078728

Last Buyer's Agent

Suellen Coleman-Chase

Crye-Leike REALTORS, Siloam Springs License #AB00011812

Crye-Leike REALTORS, Siloam Springs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,313

Year Built

  • Built in 1995

Lot Details

  • 1.12 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 13,280 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Car Garage
  • No Driveway

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4-9 / 5

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Hewitt Place Subdivision

Building Details

  • Gross Income $88,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,313

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.12
  • Lot Size: IRREG
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 62299
  • Co List Office Phone: 479-238-0442
  • Subdivision Name: Hewitt Place
  • Directions: From Hwy 412 go North on Hwy 59. Turn West (left) on Cheri Whitlock. Follow several miles & turn left on Britt St. Property on left. - No sign.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 13280.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: City Lot, Level
  • Construction Type: Masonite
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Other, No Driveway

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16
  • Number Of Units Total: 16
  • Annual Gross Income: 88500.0

Tax Info

  • Tax Annual Amount: 6313.0
  • Tax Block: 5
  • Tax Lot: 4-9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2005
Sold by
Davis Leon and Davis Ada
Bought by
Rose Young & Associates Llc
Current Estimated Value
$767,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Outstanding Balance
$349,297
Interest Rate
6.04%
Mortgage Type
Construction
Estimated Equity
$418,327

Purchase Details

Closed on
Nov 12, 2002
Bought by
Davis Tr

Purchase Details

Closed on
Sep 26, 2002
Bought by
Davis Tr

Purchase Details

Closed on
Oct 4, 1996
Bought by
Charles Edward Rich Dod 5-2-84
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rose Young & Associates Llc $808,000 Bronson Title Services Inc
Davis Tr -- --
Davis Tr -- --
Charles Edward Rich Dod 5-2-84 -- --
Davis $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Young & Associates Llc $637,500
Closed Rose Young & Associates Llc $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $770,000 -14.3% $58 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $899,000 -- $68 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $890 $15,859 $10,508 $5,351
2024 $843 $15,859 $10,508 $5,351
2023 $766 $13,300 $7,950 $5,350
2022 $765 $13,300 $7,950 $5,350
2021 $764 $13,300 $7,950 $5,350
2020 $766 $13,970 $7,950 $6,020
2019 $766 $13,970 $7,950 $6,020
2018 $766 $13,970 $7,950 $6,020
2017 $708 $12,290 $6,270 $6,020
2016 $708 $12,290 $6,270 $6,020
2015 $643 $11,170 $5,150 $6,020
2014 $643 $11,170 $5,150 $6,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1011451

Northwest Arkansas Board of REALTORS®

APN: 03-02138-000