Seller's Agent in 2020
Somer Adams
Lindsey & Assoc Inc Branch
(479) 601-3732
304 Total Sales
1201 - 1207 Backus Ave Springdale, AR 72764
--
Bed
--
Bath
14,960
Sq Ft
1.16
Acres
Highlights
- Double Pane Windows
- Window Unit Cooling System
- Central Heating and Cooling System
- Hunt Elementary School Rated A
- Shops
- Level Lot
About This Home
As of June 20203 apartment buildings. 24 total units, (16-1 bedroom/1 bath units and 8-2 bedroom/1 bath units). Tenants pay all utilities except trash. Property is sold AS-IS and no SPD. Do not disturb tenants. Property in need of renovation. Currently operating with approx 12% return as is.
Last Agent to Sell the Property
Lindsey & Assoc Inc Branch License #EB00058486 Listed on: 04/23/2020
Last Buyer's Agent
Mockingbird Team
Mockingbird Real Estate Group
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,959
Year Built
- Built in 1982
Lot Details
- 1.16 Acre Lot
- Level Lot
Home Design
- Fixer Upper
- Brick Exterior Construction
- Slab Foundation
- Masonite
Interior Spaces
- 14,960 Sq Ft Home
- 2-Story Property
- Double Pane Windows
Kitchen
- Electric Cooktop
- Disposal
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Parking
- Driveway
- Parking Lot
Location
- City Lot
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Electric Water Heater
- Phone Available
Listing and Financial Details
- Tax Lot 10 W1/2 NE
Community Details
Overview
- 24 Units
- 35 18 30 County Court Plat Subdivision
Amenities
- Shops
Building Details
- Operating Expense $17,000
- Gross Income $120,000
- Net Operating Income $103,000
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2020 06/12/20 | Sold | $858,610 | +0.6% | $57 / Sq Ft |
| 05/13/2020 05/13/20 | Pending | -- | -- | -- |
| 04/23/2020 04/23/20 | For Sale | $853,610 | -- | $57 / Sq Ft |
Source: Northwest Arkansas Board of REALTORS®
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 | $14,710 | $284,520 | $51,280 | $233,240 |
| 2024 | $14,755 | $285,400 | $52,160 | $233,240 |
| 2023 | $12,444 | $285,400 | $52,160 | $233,240 |
| 2022 | $11,313 | $214,660 | $32,160 | $182,500 |
| 2021 | $11,313 | $214,660 | $32,160 | $182,500 |
| 2020 | $9,779 | $214,660 | $32,160 | $182,500 |
| 2019 | $7,959 | $151,030 | $30,160 | $120,870 |
| 2018 | $7,959 | $151,030 | $30,160 | $120,870 |
| 2017 | $7,884 | $151,030 | $30,160 | $120,870 |
| 2016 | $7,884 | $151,030 | $30,160 | $120,870 |
| 2015 | $7,884 | $151,030 | $30,160 | $120,870 |
| 2014 | $7,662 | $146,790 | $32,090 | $114,700 |
Source: Public Records
Agents Affiliated with this Home
-
Somer Adams
-
M
Buyer's Agent in 2020
Mockingbird Team
Mockingbird Real Estate Group
Map
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1145244
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