G
Seller's Agent in 2018
Guy Torelli
Torelli Investment Realty
102 Main St NE Gravette, AR 72736
1
Bed
2
Baths
4,404
Sq Ft
1908
Built
Highlights
- Corner Lot
- No HOA
- Laundry Room
- Gravette Middle School Rated A-
About This Home
As of July 2018Retail / Loft building on Main Street in Downtown Gravette, Arkansas. $50,000 cash down yields 8.5% return. Upstairs Loft is approximately 2100 square feet with one bathroom and an open concept floor plan. Perfect to live in or as Creative / Office space. Downstairs tenant pays $1,100 / month. Ten large windows on two sides create a bright and open space for live / work or office space. Edward Jones Corporate just renewed their lease for five years with a five year option, and they are renovating their space. Heating & A/C unit about 18 months old on retail space, and about 8 years old in the Loft. Each space has individual hot water heater, and the roof was replaced in May, 2018. Loft has washer / dryer hook-ups.
Last Agent to Sell the Property
Guy Torelli
Torelli Investment Realty License #00666517 Listed on: 03/22/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 2,178 Sq Ft Lot
- No Common Walls
- Corner Lot
Interior Spaces
- 4,404 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Exterior Lighting
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,400
- Insurance Expense $1,654
- Water Sewer Expense $900
- New Taxes Expense $1,300
- Operating Expense $8,206
- Gross Income $23,400
- Net Operating Income $15,194
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2018 07/26/18 | Sold | $175,000 | -2.7% | $40 / Sq Ft |
| 07/12/2018 07/12/18 | Pending | -- | -- | -- |
| 06/07/2018 06/07/18 | Price Changed | $179,900 | -2.2% | $41 / Sq Ft |
| 05/18/2018 05/18/18 | Price Changed | $184,000 | -3.2% | $42 / Sq Ft |
| 03/22/2018 03/22/18 | For Sale | $190,000 | 0.0% | $43 / Sq Ft |
| 11/01/2012 11/01/12 | Rented | $900 | 0.0% | -- |
| 10/02/2012 10/02/12 | Under Contract | -- | -- | -- |
| 07/13/2012 07/13/12 | For Rent | $900 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $3,306 | $65,986 | $1,372 | $64,614 |
| 2024 | $1,577 | $65,986 | $1,372 | $64,614 |
| 2023 | $1,434 | $29,240 | $1,370 | $27,870 |
| 2022 | $1,123 | $29,240 | $1,370 | $27,870 |
| 2021 | $1,068 | $29,240 | $1,370 | $27,870 |
| 2020 | $980 | $26,290 | $1,310 | $24,980 |
| 2019 | $980 | $26,290 | $1,310 | $24,980 |
| 2018 | $1,005 | $26,290 | $1,310 | $24,980 |
| 2017 | $940 | $26,290 | $1,310 | $24,980 |
| 2016 | $1,290 | $26,290 | $1,310 | $24,980 |
| 2015 | $1,257 | $25,490 | $1,680 | $23,810 |
| 2014 | $1,257 | $25,490 | $1,680 | $23,810 |
Source: Public Records
Agents Affiliated with this Home
-
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,365 Total Sales
-
C
Seller's Agent in 2012
Christy Green
Green Heart Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SP18066467
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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