NOT LISTED FOR SALE

15 Newlin Rd West Fork, AR 72774

Estimated Value: $284,000 - $296,331

-- Bed
2 Baths
2,360 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $500,000 $212 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,745/month

24 Days on Market

Highlights

  • 0.68 Acre Lot
  • Ceramic Tile Flooring
  • Privacy Fence
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2021

Multiple opportunities with this property. Live in one side and rent out the other, purchase as long term investment, purchase as short term rentals. These units are convenient to all things Northwest Arkansas, but feel private. They have two bedrooms and one bathroom, enjoy a two car garage and privacy fenced back yard. Both units are leased, please do not disturb the tenants.

Last Agent to Sell the Property

Dale Carlton

Carlton Realty, Inc License #PB00052703 Listed on: 09/03/2021

Last Buyer's Agent

Dale Carlton

Carlton Realty, Inc License #PB00052703 Listed on: 09/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1995

Lot Details

  • 0.68 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

Overview

  • 4 Units
  • West Fork Outlots Subdivision

Building Details

  • Gross Income $30,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,278

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: West Fork Outlots
  • Directions: From Highway 71 heading South turn east on Newlin.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2360.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: Cleared, None
  • Construction Type: Frame
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • Junior High Dist: West Fork

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 30300.0

Tax Info

  • Tax Annual Amount: 1278.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 27, 2021
Sold by
Rateliff Revocable Trust and Ratcliff David G
Bought by
Newlin Road Properties Llc
Seller's Agent
Dale Carlton
Carlton Realty, Inc
Buyer's Agent
Dale Carlton
Carlton Realty, Inc
List Price
$250,000
Sold Price
$500,000
Premium/Discount to List
$250,000
100%
Current Estimated Value
$293,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$206,672
Avg. Annual Appreciation
-13.41%
Original Mortgage
$400,000
Outstanding Balance
$112,612
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$177,554

Purchase Details

Closed on
Jun 30, 2016
Sold by
Ironhorse Rentals Llc
Bought by
Ratcliff David G and Groves Carol

Purchase Details

Closed on
May 24, 1996
Bought by
Williams Williams G and Williams Martin
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 Buyer Sale Price Title Company
Newlin Road Properties Llc $500,000 Lenders Title Company
Ratcliff David G $118,000 Lenders Title Co
Williams Williams G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newlin Road Properties Llc $400,000
Closed Newlin Road Properties Llc $400,000
Previous Owner Tabor Gregory S $95,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold $500,000 +100.0% $212 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $250,000 -- $106 / 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 $1,666 $57,250 $6,000 $51,250
2023 $1,541 $57,250 $6,000 $51,250
2022 $1,344 $25,320 $2,250 $23,070
2021 $1,344 $25,320 $2,250 $23,070
2020 $1,344 $25,320 $2,250 $23,070
2019 $1,408 $26,520 $3,000 $23,520
2018 $1,408 $26,520 $3,000 $23,520
2017 $1,368 $26,520 $3,000 $23,520
2016 $1,368 $26,520 $3,000 $23,520
2015 $1,368 $26,520 $3,000 $23,520
2014 $1,200 $23,250 $3,000 $20,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1196886

Northwest Arkansas Board of REALTORS®

APN: 835-38601-003