$145,000
SOLD FEB 6, 2017

1351 Mark St Unit A Springdale, AR 72764

-- Bed
-- Bath
2,324 Sq Ft
0.26 Acres

Recently Sold

$62 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Ceramic Tile Flooring
  • 2 Car Attached Garage
  • Patio
  • Central Heating and Cooling System

About This Home

As of February 2017

Great East Springdale duplex for your portfolio. Each side is currently rented for $675/mo. Side A tenant is now month-to-month and has lived there since Oct, 2012. Side B is leased through May 31 and tenant has lived there since Dec, 2013. Both tenants have a stellar payment history. No showings, please. Please make offer contingent on viewing the property. This will be one of the nicest duplexes you will see in the neighborhood and it has been professionally managed since 2010. Agent-owned property.

Last Agent to Sell the Property

Jay Downing

Flyer Homes Real Estate License #PB00057327 Listed on: 01/19/2017

Last Buyer's Agent

Eric Arndt

RE/MAX Associates, LLC License #SA00076764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1992

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 83x138
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Oaks Addition Ph V Subdivision

Building Details

  • Operating Expense $1,710
  • Gross Income $16,200
  • Net Operating Income $14,490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 83X138
  • Road Frontage Type: Public Road
  • Subdivision Name: Oaks Addition Ph V
  • Directions: Heading east on Hwy 412, turn left on Dick Smith, right on Kasey, left on Mark, duplex is on the end of Mark St on the right.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator
  • Basement YN: No
  • Fireplace Features: Gas Log
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Simulated Wood
  • Living Area: 2324.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link, Privacy, Wood
  • Lot Features: City Lot, Level, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks
  • Association: No

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0
  • Property Net Operating Income: 14490.0
  • Annual Operating Expense: 1710.0

Tax Info

  • Tax Annual Amount: 1008.0
  • Tax Block: .
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 6, 2017
Sold by
Downing Sarah and Downing Jay
Bought by
Morelli Beth
Seller's Agent
Jay Downing
Flyer Homes Real Estate
Buyer's Agent
Eric Arndt
RE/MAX Associates, LLC
List Price
$145,500
Sold Price
$145,000
Premium/Discount to List
-$500
-0.34%
Current Estimated Value
$327,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,181
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Jun 9, 1992
Bought by
Griggs Janis K

Purchase Details

Closed on
May 19, 1992
Bought by
Gillihan Mark A

Purchase Details

Closed on
Jan 1, 1992
Bought by
Johnson Neil and Donna Ruth
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $145,500 Waco Title Co
Warranty Deed $85,000 --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 For Rent $1,200 0.0% --
11/16/2022 11/16/22 Rented $1,200 +4.3% --
09/08/2022 09/08/22 Rented $1,150 0.0% --
08/29/2022 08/29/22 For Rent $1,150 0.0% --
02/06/2017 02/06/17 Sold $145,000 -0.3% $62 / Sq Ft
01/19/2017 01/19/17 For Sale $145,500 -- $63 / Sq Ft
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
2024 $2,858 $55,290 $14,000 $41,290
2023 $1,580 $55,290 $14,000 $41,290
2022 $1,436 $36,490 $7,000 $29,490
2021 $1,326 $36,490 $7,000 $29,490
2020 $1,215 $36,490 $7,000 $29,490
2019 $1,105 $20,960 $5,500 $15,460
2018 $1,105 $20,960 $5,500 $15,460
2017 $1,094 $20,960 $5,500 $15,460
2016 $1,094 $20,960 $5,500 $15,460
2015 $1,088 $20,960 $5,500 $15,460
2014 $989 $18,950 $5,500 $13,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1035114

Northwest Arkansas Board of REALTORS®

APN: 815-31470-000