NOT LISTED FOR SALE

112 S East Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood
-- Bed
-- Bath
-- Sq Ft
1945 Built

About This Home

As of January 2013

Located only half block off the Historic Fayetteville Square. Excellent space for Law Firm or Professional Office Use. 10 Offices, Large Open Reception Area, Large Conference Room and Kitchen.,See Agent Regarding Deposit.

Last Agent to Rent the Property

Jordan Jeter, CCIM

Kelley Commercial Partners NW License #SA00066058 Listed on: 06/11/2012

Last Renter's Agent

Jordan Jeter, CCIM

Kelley Commercial Partners NW License #SA00066058 Listed on: 06/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,820

Year Built

  • Built in 1945

Location

  • City Lot

Community Details

  • Triple Net Lease (NNN)

Listing and Financial Details

  • Available 6/11/12

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,820

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Available Date: 2012-06-11

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Commercial Lease
  • Year Built Details: 25 Years or older
  • Year Built: 1945
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Possible Use: Office

Exterior Features

  • Lot Features: City Lot

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Multi Family

  • Existing Lease Type: NNN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jan 29, 2013
Sold by
East Avenue Llc
Bought by
Buttermilk Biscuits Llc
Seller's Agent
Jordan Jeter, CCIM
Kelley Commercial Partners NW
Buyer's Agent
Jordan Jeter, CCIM
Kelley Commercial Partners NW
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,750
Interest Rate
3.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2012
Sold by
Ccr Holdings Llc
Bought by
East Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Jones Gregory D
Bought by
Ccr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1985
Bought by
Jones Lewis D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Buttermilk Biscuits Llc $500,000 City Title File
East Avenue Llc $366,000 First National Title Company
Ccr Holdings Llc -- Heritage Land Title Of Ar
Jones Lewis D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buttermilk Biscuits Llc $522,750
Previous Owner East Avenue Llc $366,000
Previous Owner Ccr Holdings Llc $262,000
Closed Ccr Holdings Llc $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2013 01/01/13 Rented $500,000 +4166566.7% --
12/02/2012 12/02/12 Under Contract -- -- --
06/11/2012 06/11/12 For Rent $12 -- --
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 $9,820 $320,660 $13,640 $307,020
2024 $9,049 $320,660 $13,640 $307,020
2023 $8,433 $320,660 $13,640 $307,020
2022 $7,666 $141,860 $6,300 $135,560
2021 $7,076 $141,860 $6,300 $135,560
2020 $6,487 $141,860 $6,300 $135,560
2019 $5,897 $101,760 $6,300 $95,460
2018 $5,897 $101,760 $6,300 $95,460
2017 $5,249 $101,760 $6,300 $95,460
2016 $5,793 $101,760 $6,300 $95,460
2015 $5,061 $101,760 $6,300 $95,460
2014 $4,517 $84,030 $25,000 $59,030
Source: Public Records

Agents Affiliated with this Home

  • Jordan Jeter, CCIM

    Landlord's Agent in 2013

    Jordan Jeter, CCIM

    Kelley Commercial Partners NW

    (479) 332-4214

    1 in this area

    8 Total Sales

    Jordan Jeter, CCIM
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 657799

Northwest Arkansas Board of REALTORS®

APN: 765-01943-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

112 S East Ave, Fayetteville, AR

Not Listed for Sale

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