NOT LISTED FOR SALE

Estimated Value: $81,000 - $3,125,000

2 Beds
3 Baths
67,460 Sq Ft
$13/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $2,975,000 $44 Per Sq Ft

Current estimated payment $4,545/month

54 Days on Market

Highlights

  • 2.84 Acre Lot
  • Community Pool
  • Patio
  • No HOA
  • Walk-In Closet
  • Detached Carport Space

About This Home

As of March 2024

49 2 story condo units each having it's own deed. Very well Maintained and all have a wood burning fireplace on the outside wall. Separate utilities (cable & electricity) except water.
This property is a MUST SEE !! A great investment opportunity.

Last Agent to Sell the Property

Jerel Driscoll

Chuck Fawcett Realty-Van Buren License #SA00071281 Listed on: 12/26/2023

Last Buyer's Agent

NON MLS Fort Smith

NON MLS License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $564

Year Built

  • Built in 1984

Lot Details

  • 2.84 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 67,460 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Detached Carport Space
  • 2 Car Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Location

  • Property is near schools
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 5-8 / 3
  • Assessor Parcel Number 0180-31-003-005-1-029-25

Community Details

Overview

  • No Home Owners Association
  • 49 Units
  • Arnold 2Nd Subdivision

Recreation

  • Community Pool

Building Details

  • Gross Income $477,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$564

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Reso Property Sub Type: Multi Family
  • Prop. Type: Residential
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Dryer Hookup
  • ResoLotFeatures: City Lot, Level, Not In Subdivision
  • ResoPoolFeatures: Community
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3209
  • ResoSpecialListingConditions: None
  • Subdivision Name: Arnold 2nd
  • Directions: West on I 40 to Muskogee Turnpike. Go North to Muskogee and take the Chandler Road exit turn left to S Country Club. Left on Country Club about 1/4 mile to Cedar Creek Condo's on the right.
  • Carport Y N: Yes
  • Reso Flooring: Carpet
  • Reso Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Unit Levels: Two
  • Reso Roof: Asphalt, Shingle
  • ResoWindowFeatures: Metal
  • Year Built: 1984
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Multi Family,Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Fireplace Features: Living Room, Wood Burning
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Acres: 2.8357
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 49.0
  • Parking Features: Covered, Carport, Detached Carport, Two Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Near Schools
  • Association: No

Lot Info

  • Lot Dimensions: 2.84A
  • ResoLotSizeUnits: Acres
  • Parcel #: 0180-31-003-005-1-029-25
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 49
  • Annual Gross Income: 477420.0

Tax Info

  • Tax Annual Amount: 564.0
  • Tax Block: 3
  • Tax Lot: 5-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Mar 15, 2024
Sold by
Cedar Creek Condominiums Of Muskogee Llc
Bought by
Colchester Properties Llc
Seller's Agent
Jerel Driscoll
Chuck Fawcett Realty-Van Buren
Buyer's Agent
NON MLS Fort Smith
NON MLS
List Price
$4,400,000
Sold Price
$2,975,000
Premium/Discount to List
-$1,425,000
-32.39%
Views
76
Current Estimated Value
$843,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,131,332
Avg. Annual Appreciation
-58.23%

Purchase Details

Closed on
Mar 1, 1993
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
Colchester Properties Llc $975,000 Pioneer Abstract
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,975,000 -32.4% $44 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $4,400,000 -- $65 / Sq Ft
Source: Western River Valley 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
2024 $597 $5,479 $122 $5,357
2023 $597 $5,478 $122 $5,356
2022 $495 $4,969 $122 $4,847
2021 $482 $4,817 $122 $4,695
2020 $460 $4,588 $122 $4,466
2019 $435 $11,642 $6,794 $4,848
2018 $405 $11,642 $6,794 $4,848
2017 $373 $3,964 $122 $3,842
2016 $360 $3,775 $122 $3,653
2015 $345 $3,595 $122 $3,473
2014 $0 $3,424 $122 $3,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1069587

APN: 8049