NOT LISTED FOR SALE

1220 Bayer St Unit 1222 Malvern, AR 72104

Estimated Value: $130,781 - $186,000

-- Bed
2 Baths
1,856 Sq Ft
$82/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $122,500 $66 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $871/month

35 Days on Market

Highlights

  • 9,999 Acre Lot
  • 1-Story Property
  • Central Air
  • Traditional Architecture
  • Outdoor Storage
  • Level Lot

About This Home

As of December 2022

Take a look at this well-kept brick duplex near Malvern Baptist Hospital. This property has been well maintained and each side has 2 bedrooms 1 bath with matching brick exterior storage for each tenant. Live in one side and rent the other, use both sides as income producing units or would be great for shared family units.

Last Agent to Sell the Property

Michelle Riggan

McClure Real Estate Listed on: 11/04/2022

Last Buyer's Agent

Katie Black

Moore and Co., Realtors - Benton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 1975

Lot Details

  • 9,999 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Stove
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Additional Features

  • Outdoor Storage
  • Central Air

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 11/04/2022
  • Price Per Sq Ft: 66
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Duplex
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: RI
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Slab
  • Stories: One Story
  • Interior Amenities: Washer Connection
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Built-In Stove

Exterior Features

  • Exterior: Brick
  • Roof: Composition
  • Exterior Features: Outside Storage Area

Utilities

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

Lot Info

  • Estimated Lot Size: 9999
  • Estimated Lot Size: 98x130
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Number Of Two Bedroom Units: 2
  • Number Units: 2

Tax Info

  • Annual Taxes: 1150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Dec 9, 2022
Sold by
Meyer Dennis
Bought by
Family Homes For Rent Llc
Seller's Agent
Michelle Riggan
McClure Real Estate
Buyer's Agent
Katie Black
Moore and Co., Realtors - Benton
List Price
$159,000
Sold Price
$122,500
Premium/Discount to List
-$36,500
-22.96%
Views
26
Current Estimated Value
$151,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,945
Avg. Annual Appreciation
7.90%
Original Mortgage
$98,000
Outstanding Balance
$8,982
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$142,463

Purchase Details

Closed on
Sep 12, 2022
Sold by
Doris Meyer Arlene
Bought by
Meyer Dennis and Gaffino Debbie

Purchase Details

Closed on
Jul 19, 1993
Bought by
Meyer Arlene D
Source: Public Records

Range of Values:

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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
Family Homes For Rent Llc $122,500 First National Title
Family Homes For Rent Llc $122,500 First National Title
Meyer Dennis -- --
Meyer Arlene D $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Family Homes For Rent Llc $98,000
Closed Family Homes For Rent Llc $98,000
Previous Owner Meyer Arlene D $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $122,500 -23.0% $66 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $159,000 -- $86 / 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 $849 $20,310 $2,940 $17,370
2023 $779 $20,310 $2,940 $17,370
2022 $333 $20,310 $2,940 $17,370
2021 $333 $20,310 $2,940 $17,370
2020 $333 $17,625 $1,800 $15,825
2019 $333 $17,625 $1,800 $15,825
2018 $358 $17,625 $1,800 $15,825
2017 $358 $17,625 $1,800 $15,825
2016 $664 $12,495 $1,500 $10,995
2015 $314 $12,495 $1,500 $10,995
2014 $314 $12,495 $1,500 $10,995
Source: Public Records

Agents Affiliated with this Home

  • Michelle Riggan

    Seller's Agent in 2022

    Michelle Riggan

    McClure Real Estate

    (501) 467-0824

    150 Total Sales

    Michelle Riggan
    Section Image
  • Katie Black

    Buyer's Agent in 2022

    Katie Black

    Moore and Co., Realtors - Benton

    (479) 871-5988

    84 Total Sales

    Katie Black
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22036879

Cooperative Arkansas REALTORS® MLS

APN: 700-03484-000

Arkansas Hot Spring County Malvern 72104

1220 Bayer St Unit 1222, Malvern, AR

This home is located at 1220 Bayer St Unit 1222, Malvern, AR 72104 since 04 November 2022 and is currently estimated at $151,445, approximately $81 per square foot. This property was built in 1975. 1220 Bayer St Unit 1222 is a home located in Hot Spring County with nearby schools including Malvern Elementary School, Malvern Junior High School, and Wilson Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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