NOT LISTED FOR SALE

1703 E Market Ave Searcy, AR 72143

Studio
-- Bath
39,904 Sq Ft
270,072 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $1,803,000 $45 Per Sq Ft

131 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Southwest Middle School Rated A-

About This Home

As of July 2022

existing apartment complex

Last Agent to Sell the Property

Robert Joyner

RE/MAX Advantage Listed on: 02/10/2022

RE/MAX Advantage

Last Buyer's Agent

Robert Joyner

RE/MAX Advantage Listed on: 02/10/2022

RE/MAX Advantage

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,771

Year Built

  • Built in 1972

Lot Details

  • 6.2 Acre Lot
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 39,904 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Stove
  • Disposal

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Community Details

  • 54 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,771

Year Built

Built in 1972

Lot Details

6.2 Acres

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 08/18/2022
  • Road Surface: Paved
  • Type: Apartments
  • Zoning: R-1
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Utilities

  • Utilities: Sewer-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 6.2
  • Estimated Lot Size: 270,570 sq. ft.
  • Lot: Sloped, Flood Insurance Required
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: Electric, Gas
  • Maximum Rent One Bedroom: 499
  • Maximum Rent Three Bedroom: 708
  • Maximum Rent Two Bedroom: 590
  • Minimum Rent One Bedroom: 499
  • Minimum Rent Three Bedroom: 708
  • Minimum Rent Two Bedroom: 590
  • Number Of One Bedroom Units: 10
  • Number Of Three Bedroom Units: 8
  • Number Of Two Bedroom Units: 36
  • Number Units: 54

Tax Info

  • Annual Taxes: 15771
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Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $1,803,000 0.0% $45 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $1,803,000 -- $45 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $15,771 $388,440 $81,150 $307,290
2024 $15,771 $388,440 $81,150 $307,290
2023 $15,771 $388,440 $81,150 $307,290
2022 $15,771 $388,440 $81,150 $307,290
2021 $15,771 $388,440 $81,150 $307,290
2020 $14,417 $355,090 $81,150 $273,940
2019 $14,417 $355,090 $81,150 $273,940
2018 $14,417 $355,090 $81,150 $273,940
2017 $14,317 $355,090 $81,150 $273,940
2016 $14,317 $352,630 $81,150 $271,480
2015 $13,015 $320,570 $62,100 $258,470
2014 $13,015 $320,570 $62,100 $258,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22028230

Cooperative Arkansas REALTORS® MLS
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