NOT LISTED FOR SALE

1301 E Central Ave Bentonville, AR 72712

-- Bed
-- Bath
68,092 Sq Ft
3.3 Acres

Last Sold April 25, 2012

Last sale price $1,725,000 $25 Per Sq Ft

333 Days on Market

Highlights

  • 3.3 Acre Lot
  • Clubhouse
  • Partially Fenced Property
  • Apple Glen Elementary School Rated A
  • Community Playground
  • Level Lot

About This Home

As of April 2012

Polo Square apartments. 62 2&3 bdrm units. Zoned R-4. 100% occupied. Walking distance of schools, Crystal Bridges Museum, Downtown Bentonville, Memorial Park & Orchards Park. Less than 2 miles from Wal-Mart Home Office. 1.5 miles to I-540,Remodeled in 2010. Renovations included: interiors, upgraded electrical, gas to electric conversion, water htrs, HVAC fan/coil units & heat strips, thermostats, toilets, shower heads & aerators, remodeled clubhouse, playground equip, fence, landscaping

Last Agent to Sell the Property

Clinton Bennett

Focus Commercial Real Estate License #EB00058021 Listed on: 04/27/2011

Last Buyer's Agent

Tim Moldenhauer

RE/MAX Associates, LLC License #EB00056535

RE/MAX Associates, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $19,063

Year Built

  • Built in 1995

Lot Details

  • 3.3 Acre Lot
  • Property fronts a county road
  • Partially Fenced Property
  • Level Lot

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 68,092 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Utilities

  • Electric Water Heater

Community Details

Overview

  • 62 Units
  • 29 20 30 Bentonville Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground

Building Details

  • Gross Income $339,531
  • Net Operating Income $145,544

Property Details

Home Type

Apartment

Est. Annual Taxes

$19,063

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 3.3
  • Lot Size: x
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: 29-20-30-Bentonville
  • Directions: Just east of the intersection of E. Central Ave. and J Street on the north side of Central. 1.5 miles off I-540.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 68092.0

Exterior Features

  • Fencing: Partial
  • Lot Features: Level
  • Waterfront Features: None
  • Construction Type: Brick, Other, See Remarks
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Parking Lot, Asphalt

Utilities

  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 62
  • Number Of Units Total: 62
  • Annual Gross Income: 339531.0
  • Property Net Operating Income: 145544.0

Tax Info

  • Tax Annual Amount: 19063.0
  • Tax Block: 0
  • Tax Lot: 0

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $1,725,000 -10.4% $25 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
04/27/2011 04/27/11 For Sale $1,925,000 -- $28 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Clinton Bennett

    Seller's Agent in 2012

    Clinton Bennett

    Focus Commercial Real Estate

    (479) 200-3457

    3 in this area

    26 Total Sales

    Clinton Bennett
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 631343

Northwest Arkansas Board of REALTORS®
Arkansas Benton County Bentonville 72712

1301 E Central Ave, Bentonville, AR

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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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