NOT LISTED FOR SALE

111 E Commerce St Morrilton, AR 72110

Studio
-- Bath
13,600 Sq Ft
0.8 Acre Lot

Sale Details

Date 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

  • 34,848 Sq Ft 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2004
Bought by

Purchase Details

Closed on
Jul 8, 2002
Bought by

Purchase Details

Closed on
Jun 28, 2002
Bought by

Purchase Details

Closed on
Jan 1, 1983
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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