NOT LISTED FOR SALE

111 E Commerce St Morrilton, AR 72110

Studio
-- Bath
13,600 Sq Ft
34,848 Sq Ft

Last Sold September 30, 2024

Last sale price $599,000 $44 Per Sq Ft

6 Days on Market

Highlights

  • 0.8 Acre Lot
  • Garage
  • Level Lot
  • Central Heating and Cooling System

About This Home

As of September 2024

8 Unit Apartment Building Consisting of 2 studio apartments, 5 - 2 bed 1 bath, and 1 - 3 bed 2 bath Private Parking Garage

Last Agent to Sell the Property

Andrew Lawson

Blue Collar Real Estate Listed on: 08/16/2024

Last Buyer's Agent

Joy Howell-Rickett

Howell-Rickett Real Estate Professionals, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1932

Lot Details

  • 0.8 Acre Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 13,600 Sq Ft Home
  • 2-Story Property
  • Stove

Utilities

  • Central Heating and Cooling System

Community Details

  • 8 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,300

Year Built

Built in 1932

Lot Details

0.8 Acres

Listing Details

  • Class: Multi-Family
  • Inside City Limits: Yes
  • LVT Date: 08/16/2024
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: historic
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1932

Interior Features

  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Stucco
  • Roof: Flat

Garage/Parking

  • Garage/Parking: Garage

Utilities

  • Utilities: Sewer-Public, Water-Public
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.8
  • Estimated Lot Size: .80
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 900
  • Maximum Rent Three Bedroom: 1100
  • Maximum Rent Two Bedroom: 1000
  • Minimum Rent One Bedroom: 675
  • Minimum Rent Three Bedroom: 1100
  • Minimum Rent Two Bedroom: 750
  • Number Of One Bedroom Units: 2
  • Number Of Three Bedroom Units: 1
  • Number Of Two Bedroom Units: 5
  • Number Units: 8

Tax Info

  • Annual Taxes: 6300
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $599,000 0.0% $44 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $599,000 -- $44 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $3,249 $60,060 $2,400 $57,660
2024 $3,249 $60,060 $2,400 $57,660
2023 $3,249 $60,060 $2,400 $57,660
2022 $2,690 $60,060 $2,400 $57,660
2021 $2,445 $45,200 $1,450 $43,750
2020 $2,461 $45,200 $1,450 $43,750
2019 $2,445 $45,200 $1,450 $43,750
2018 $2,445 $45,200 $1,450 $43,750
2017 $0 $45,200 $1,450 $43,750
2016 $1,459 $27,320 $1,450 $25,870
2015 $1,352 $27,320 $1,450 $25,870
2014 $1,266 $26,656 $983 $25,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24029891

Cooperative Arkansas REALTORS® MLS
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