NOT LISTED FOR SALE

16010 Boundary Line Rd Garfield, AR 72732

Estimated Value: $250,000 - $487,000

-- Bed
-- Bath
3,624 Sq Ft
$102/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $190,000 $52 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,217/month

18 Days on Market

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • 1-Story Property
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of September 2018

High income producing property with all four individual houses currently rented. Plus the potential of commercial use since it has 169 feet of highway 62 frontage! There is a for sale sign on Highway 62 side. Please don't disturb tenants!

Last Agent to Sell the Property

Francisco Maldonado

Crawford Real Estate and Associates License #SA00065727 Listed on: 08/09/2018

Last Buyer's Agent

Brian Curtis

Keller Williams Market Pro Realty - Rogers Branch

Keller Williams Market Pro Realty - Rogers Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,067

Lot Details

  • 1.66 Acre Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Masonite

Interior Spaces

  • 3,624 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Gravel Driveway
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 4 Units
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,067

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.66
  • Road Frontage Type: Public Road, Shared
  • Subdivision Name: .
  • Directions: Take Highway 62 towards Pea Ridge, turn right onto Boundary Line and stay to your left until you see the property
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Age Unknown
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 3624.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Level
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace, Slab
  • Roof: Asphalt, Metal, Shingle

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.0

Tax Info

  • Tax Annual Amount: 2067.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Sherwin Lesli
Bought by
Olvera Luis
Current Estimated Value
$368,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$236,130
Interest Rate
8.59%
Mortgage Type
New Conventional
Estimated Equity
$132,419

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 27, 2018
Sold by
Colf Daniel and Colf Joyce
Bought by
Sherwin Lesli
Seller's Agent
Francisco Maldonado
Crawford Real Estate and Associates
Buyer's Agent
Brian Curtis
Keller Williams Market Pro Realty - Rogers Branch
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 2003
Bought by
Colf

Purchase Details

Closed on
Dec 8, 2003
Bought by
N and A

Purchase Details

Closed on
Oct 7, 2003
Bought by
Oconnor

Purchase Details

Closed on
Sep 20, 1997
Bought by
Dod 09-20-1997

Purchase Details

Closed on
Nov 9, 1995
Bought by
Oconner

Purchase Details

Closed on
Jan 4, 1995
Bought by
Oconnor

Purchase Details

Closed on
Aug 24, 1993
Bought by
Gramling

Purchase Details

Closed on
Aug 28, 1989
Bought by
Gramling
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olvera Luis $350,000 Lenders Title Company
Sherwin Lesli $190,000 Lenders Title Company
Colf $118,000 --
N -- --
Shelt -- --
Oconnor -- --
Dod 09-20-1997 -- --
Oconner -- --
Oconnor $85,000 --
Gramling -- --
Gramling $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olvera Luis $240,000
Previous Owner Sherwin Lesli $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $190,000 -4.5% $52 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $199,000 -- $55 / 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
2025 $3,357 $64,673 $5,976 $58,697
2024 $2,234 $64,673 $5,976 $58,697
2023 $2,031 $39,140 $4,320 $34,820
2022 $2,658 $39,140 $4,320 $34,820
2021 $2,478 $39,140 $4,320 $34,820
2020 $2,353 $32,240 $2,490 $29,750
2019 $2,353 $32,240 $2,490 $29,750
2018 $2,274 $32,240 $2,490 $29,750
2017 $2,148 $32,240 $2,490 $29,750
2016 $2,067 $32,240 $2,490 $29,750
2015 $1,426 $27,470 $1,800 $25,670
2014 $1,901 $27,470 $1,800 $25,670
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Francisco Maldonado

    Crawford Real Estate and Associates

  • Brian Curtis

    Buyer's Agent in 2018

    Brian Curtis

    Keller Williams Market Pro Realty - Rogers Branch

    (479) 531-2317

    1,591 Total Sales

    Brian Curtis
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1087611

Northwest Arkansas Board of REALTORS®

APN: 18-05667-000

Arkansas Benton County Garfield 72732

16010 Boundary Line Rd, Garfield, AR

Not Listed for Sale

MultiFamily

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