NOT LISTED FOR SALE

1704 W Matthews Ave Jonesboro, AR 72401

-- Bed
-- Bath
3,740 Sq Ft
0.5 Acres

Last Sold October 26, 2023

Last sale price $500,000 $134 Per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Painted or Stained Flooring
  • Central Heating and Cooling System
  • Patio
  • 1-Story Property
  • Ceiling Fan

About This Home

As of October 2023

Less than 5 year old 4 plex. Each unit is a 2 bedroom 2 bath floor plan. Each apartment has granite counter tops, stained concrete floor, and stainless appliances. One unit is being used as an airbnb. The other 3 are year leases. 3 units at 900/mo. Airbnb averages 2200/mo.

Last Agent to Sell the Property

Tracy McGaha

ERA Doty Real Estate License #SA00092038 Listed on: 09/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,389

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Parking

  • Common or Shared Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 3,740 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Painted or Stained Flooring

Laundry

  • Dryer
  • Washer

Schools

  • Jonesboro Magnet Elementary School
  • Annie Camp Middle School
  • Jonesboro High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-143133-01300

Community Details

Overview

  • 4 Units

Building Details

  • Gardener Expense $600
  • Insurance Expense $2,289
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,389

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Property Sub Type: Four-Plex
  • Style: 1 Story
  • Additional Remarks: 3 units at 900/mo. Airbnb averages 2200/mo.
  • Builder Owned: Yes
  • Legal Description: MCGAHA MATTHEWS MINOR PLAT
  • Levels: One Level
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Windows Treatments: Blinds
  • Floors: Acid Stain
  • Price Per Square Foot: 133.69
  • Square Footage: 3740.0

Exterior Features

  • Exterior: Brick
  • Flood Zone: No
  • Roof: Architectural Shingle
  • Exterior Amenities: Patio

Garage/Parking

  • Parking Features: 2 Spaces/Unit, Common

Utilities

  • Cooling Features: Central Air, Electric
  • Heat Features: Central, Electric
  • Electric Features: CW&L
  • Gas Features: None
  • Sewer Septic: City Sewer
  • Water Supply: City
  • Laundry Features: Dryer Provided, Washer Provided

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Jonesboro Magnet
  • Middle School: Annie Camp
  • High School: Jonesboro High School

Lot Info

  • Acres: 0.5000
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 21780.00
  • Price Per Acre: 1000000.00
  • Lot Description: Level

Tax Info

  • Year: 2021
  • Taxes: 2389.00
  • Assessor Parcel Number: 01-143133-01300

Multi Family

  • InsuranceExpense: 2289.00
  • GrossIncome: 58800.00
  • Landscape Expense: 600.00
  • Number of 2 Bedroom Units: 4
  • Number Of Units: 4

MLS Schools

  • Elementary School: Jonesboro Magnet
  • HighSchool: Jonesboro High School
  • Jr High School: Annie Camp

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $500,000 -9.1% $134 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $549,900 +1471.1% $147 / Sq Ft
09/23/2016 09/23/16 Sold $35,000 -- -- View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
Source: Northeast Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tracy McGaha

    ERA Doty Real Estate

  • Chris Collinsworth

    Seller's Agent in 2016

    Chris Collinsworth

    Century 21 Portfolio

    (870) 530-6090

    43 in this area

    56 Total Sales

    Chris Collinsworth
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Olson

    Jonesboro Realty Company

    Section Image
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Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10110959

Northeast Arkansas Board of REALTORS®
Arkansas Craighead County Jonesboro 72401

1704 W Matthews Ave, Jonesboro, AR

This home is located at 1704 W Matthews Ave, Jonesboro, AR 72401 since 28 September 2023. 1704 W Matthews Ave is a home located in Craighead County with nearby schools including Annie Camp Junior High School, The Academies at Jonesboro High School, and Montessori School of Jonesboro.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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