$309,000
SOLD NOV 12, 2024
-- Bed
-- Bath
2,848 Sq Ft
0.28 Acres

Recently Sold

$108 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Multiple Garages
  • Traditional Architecture
  • 1-Story Property
  • Carolyn Lewis Elementary School Rated A
  • Corner Lot
  • Luxury Vinyl Tile Flooring

About This Home

As of November 2024

Incredible investment opportunity just minutes from UCA! This tenant-occupied duplex was completely remodeled in 2023. Both units feature 3 bedrooms and 2 bathrooms, with everything brand new, including LVP flooring, HVAC, water heaters, roof, cabinets, counters, and stainless steel appliances. Situated on a corner lot, each side enjoys separate parking from different streets, and the backyard is divided by a privacy fence, providing added privacy for tenants. This property is ideal for owner-occupants or investors looking for a turn-key rental. See agent remarks for important details!

Last Agent to Sell the Property

Lucio Zamora

RE/MAX Elite Conway Branch Listed on: 10/02/2024

RE/MAX Elite Conway Branch

Last Buyer's Agent

Chase Calhoun

Chase Calhoun Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Tile Flooring

Kitchen

  • Stove
  • <<microwave>>
  • Dishwasher

Parking

  • Multiple Garages
  • Parking Pad

Utilities

  • Central Air

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,492

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 10/02/2024
  • Price Per Sq Ft: 108.5
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Duplex
  • Zoning: R-2
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Floors: Luxury Vinyl
  • Foundation: Slab/Crawl Combination
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove, Microwave, Dishwasher

Exterior Features

  • Exterior: Brick, Brick & Frame Combo
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Four Car Or More, Parking Pads

Utilities

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

Lot Info

  • Estimated Lot Size: 0.28
  • Estimated Lot Size: .28
  • Lot: Level, Corner Lot
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Three Bedroom: 1500
  • Minimum Rent Three Bedroom: 1300
  • Number Of Three Bedroom Units: 2
  • Number Units: 2

Tax Info

  • Annual Taxes: 1492.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 12, 2024
Sold by
Conway Quest Developments Llc
Bought by
Ph Medical Llc
Seller's Agent
Lucio Zamora
RE/MAX Elite Conway Branch
Buyer's Agent
Chase Calhoun
Chase Calhoun Real Estate LLC
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Views
6
Current Estimated Value
$306,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,258
Avg. Annual Appreciation
-1.09%
Original Mortgage
$247,200
Outstanding Balance
$229,444
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$77,298

Purchase Details

Closed on
Jan 18, 2023
Sold by
Shriya Properties Llc
Bought by
Conway Quest Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Construction

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 23, 2018
Sold by
Mcmurry Seth and Mcmurry Cymber
Bought by
Shriya Properties Llc
Seller's Agent
Theresa Oberle
Twin City Properties
Buyer's Agent
Zachary Saxion
Moses Tucker Partners
List Price
$130,000
Sold Price
$115,000
Premium/Discount to List
-$15,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
Original Mortgage
$135,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2009
Bought by
Mcmurry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2004
Bought by
Whitley

Purchase Details

Closed on
Oct 11, 2004
Bought by
Whitley

Purchase Details

Closed on
Jun 30, 2004
Bought by
Whitley and Whitley

Purchase Details

Closed on
Sep 15, 2001
Bought by
Whitley and Whitley

Purchase Details

Closed on
Jul 15, 1998
Bought by
Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $309,000 Lenders Title Company
Warranty Deed $309,000 Lenders Title Company
Warranty Deed -- Lenders Title Company
Warranty Deed $115,000 Faulkner County Title Co
Warranty Deed $125,000 --
Warranty Deed $125,000 Lenders Title Co
Warranty Deed $85,000 --
Warranty Deed $85,000 --
Warranty Deed -- --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,200 New Conventional
Closed $247,200 New Conventional
Previous Owner $200,000 Construction
Previous Owner $135,000 Future Advance Clause Open End Mortgage
Previous Owner $122,735 FHA
Previous Owner $30,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $309,000 0.0% $108 / Sq Ft
10/31/2024 10/31/24 Rented $15,600 0.0% --
10/07/2024 10/07/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $325,000 0.0% $114 / Sq Ft
10/01/2024 10/01/24 Under Contract -- -- --
11/01/2023 11/01/23 For Rent $15,600 0.0% --
07/20/2018 07/20/18 Sold $115,000 -11.5% $40 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $130,000 -- $46 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $2,324 $45,920 $3,600 $42,320
2023 $1,492 $30,120 $3,600 $26,520
2022 $1,377 $30,120 $3,600 $26,520
2021 $1,262 $30,120 $3,600 $26,520
2020 $1,148 $22,680 $3,600 $19,080
2019 $1,148 $22,680 $3,600 $19,080
2018 $1,148 $22,680 $3,600 $19,080
2017 $1,148 $22,680 $3,600 $19,080
2016 $1,148 $22,680 $3,600 $19,080
2015 $1,279 $25,270 $3,600 $21,670
2014 $1,279 $25,270 $3,600 $21,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24036194

Cooperative Arkansas REALTORS® MLS

APN: 710-01782-000