NOT LISTED FOR SALE

Estimated Value: $324,676 - $369,000

-- Bed
2 Baths
2,044 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $297,000 $145 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,014/month

135 Days on Market

Highlights

  • Property is near a park
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Holt Middle School Rated A-
  • Park
  • Carpet

About This Home

As of January 2024

House Hacking Opportunity! DUPLEX. Welcome to this incredible investment opportunity in Fayetteville, Arkansas - a nice duplex featuring two units, each boasting 2 bedrooms and 1.5 bathrooms. Strategically located in a highly desirable rental area, this property is a dream come true for any savvy investor looking for a long-term, profitable real estate venture. One unit has been remodeled, one has remodel potential. Both units are occupied by low maintenance, long term tenants on month-to-month leases. This property is a rare find for both seasoned investors and first-time buyers looking to maximize their investment returns. If you've been searching for an exceptional real estate investment opportunity, this is it! May qualify for FHA or First Time Home Buyers loans. Video Showing Available. 1607 has new air conditioner August, 2023.

Last Agent to Sell the Property

Joseph Mckee

Equity Partners Realty License #SA00091477 Listed on: 08/02/2023

Last Buyer's Agent

Kelley Cullen

Collier & Associates- Rogers Branch License #EB00090470

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 1993

Lot Details

  • 0.35 Acre Lot
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9

Community Details

Overview

  • 2 Units
  • University Acres Sub Subdivision

Recreation

  • Park

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,918

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.3519
  • Road Frontage Type: Shared
  • Subdivision Name: University Acres Sub
  • Directions: From HWY 49, Take Porter Rd South to roundabout, head East on W Dean St, Right (South) on Sang Ave, Duplex on right (West) side of road.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Laminate, Simulated Wood
  • Interior Amenities: None
  • Living Area: 2044.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared, Near Park
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, One Space, Aggregate, Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools, Park

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 1918.0
  • Tax Block: .
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Jan 11, 2024
Sold by
Ken E Marvin Revocable Trust and Kathie A Marvin Revocable Trust
Bought by
Roman Marithza Ocampo and Pacheco Juan Carlos
Seller's Agent
Joseph Mckee
Equity Partners Realty
Buyer's Agent
Kelley Cullen
Collier & Associates- Rogers Branch
List Price
$310,000
Sold Price
$297,000
Premium/Discount to List
-$13,000
-4.19%
Views
284
Current Estimated Value
$345,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,669
Avg. Annual Appreciation
9.51%
Original Mortgage
$237,000
Outstanding Balance
$117,481
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$228,188

Purchase Details

Closed on
Mar 11, 1992
Bought by
Marvin Ken and Marvin Kathie

Purchase Details

Closed on
Jan 1, 1985
Bought by
Little Loyd F and Little Patsy R
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
Roman Marithza Ocampo $297,000 Waco Title
Marvin Ken $11,000 --
Little Loyd F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Marithza Ocampo $237,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $297,000 -2.6% $145 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $305,000 -1.6% $149 / Sq Ft
10/13/2023 10/13/23 For Sale $310,000 0.0% $152 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $310,000 0.0% $152 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $310,000 -- $152 / 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 $2,263 $57,270 $18,000 $39,270
2023 $2,109 $57,270 $18,000 $39,270
2022 $1,918 $33,090 $10,800 $22,290
2021 $1,918 $33,090 $10,800 $22,290
2020 $1,829 $33,090 $10,800 $22,290
2019 $1,663 $28,700 $8,550 $20,150
2018 $1,663 $28,700 $8,550 $20,150
2017 $1,649 $28,700 $8,550 $20,150
2016 $1,649 $28,700 $8,550 $20,150
2015 $1,571 $28,700 $8,550 $20,150
2014 $1,582 $29,430 $8,550 $20,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1252832

Northwest Arkansas Board of REALTORS®

APN: 765-11582-000