$1,275,000
SOLD DEC 30, 2024

1961 Cambridge Village Dr Conway, AR 72032

Downtown Conway Neighborhood
18 Beds
15 Baths
10,092 Sq Ft
0.6 Acres

Recently Sold

$126 Per Sq Ft

7% Below List Price

15 Days on Market

Highlights

  • 0.6 Acre Lot
  • Craftsman Architecture
  • Balcony
  • Conway Junior High School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of December 2024

Spacious and luxurious town homes located near all restaurants and necessities. There are 6 craftsman style units that consist of 3 bed, 2.5 bath, and a single car garage. Upgraded amenities include private balconies, open floor plans, hardwood, tile, and carpet, granite counter tops, electric fireplace, walk in closets, tile showers, and a breakfast bar. Individual address of all 6 units include 1961,1967,1973,1979,1985 Cambridge Village Dr

Last Agent to Sell the Property

Wes Splawn

J. C. Thornton & Co., LLC Listed on: 11/04/2024

Last Buyer's Agent

Sarah Ligon

Crye-Leike REALTORS Kanis Branch

Crye-Leike REALTORS Kanis Branch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,172

Year Built

  • Built in 2016

Lot Details

  • 0.6 Acre Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned PUD

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 10,092 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Garage
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Underground Utilities
  • Co-Op Electric
  • Electric Water Heater

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,172

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Craftsman
  • Inside City Limits: Yes
  • LVT Date: 11/04/2024
  • Price Per Sq Ft: 126.34
  • Road Surface: Paved
  • Type: Pkg Single Family
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: PUD
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Floors: Partial Carpet, Tile, Wood
  • Foundation: Slab
  • Stories: Two Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric, Hot Water Heater-Electric, Balcony/Loft, Breakfast Bar, Closet - Walk In, Fan - Ceiling, All Units, Primary Bedroom With Bath
  • Kitchen Equipment: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle
  • Exterior Features: Lawn Sprinkler

Garage/Parking

  • Garage/Parking: Assigned, Garage, One Car

Utilities

  • Utilities: Water-Public, Electric-Co-Op, All Underground
  • Heating And Air Cond: Central Cool-Electric

Lot Info

  • Estimated Lot Size: 0.6
  • Estimated Lot Size: (88X35) X6
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Annual Expenses: 11921
  • Tenant Expenses: All Utilities
  • Maximum Rent Three Bedroom: 1700
  • Minimum Rent Three Bedroom: 1600
  • Number Of Three Bathroom Units: 6
  • Number Of Three Bedroom Units: 6
  • Number Units: 6

Tax Info

  • Annual Taxes: 11172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Watson And Watson Construction Inc
Bought by
Cambridge Townhouses Llc
Current Estimated Value
$1,009,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$488,371
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$521,180
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 Type Sale Price Title Company
Warranty Deed $1,200,000 Faulkner County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $790,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $1,275,000 -7.3% $126 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $1,375,000 -- $136 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,879 $42,960 $4,500 $38,460
2023 $1,708 $33,750 $4,500 $29,250
2022 $1,708 $33,750 $4,500 $29,250
2021 $1,371 $33,750 $4,500 $29,250
2020 $1,247 $24,640 $4,500 $20,140
2019 $1,247 $24,640 $4,500 $20,140
2018 $1,247 $24,640 $4,500 $20,140
2017 $1,247 $24,640 $4,500 $20,140
2016 $114 $2,250 $2,250 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Wes Splawn

    J. C. Thornton & Co., LLC

    (501) 815-3474

    16 in this area

    45 Total Sales

    Wes Splawn
    Section Image
  • Sarah Ligon

    Buyer's Agent in 2024

    Sarah Ligon

    Crye-Leike

    (501) 206-6720

    1 in this area

    12 Total Sales

    Sarah Ligon
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24040192

Cooperative Arkansas REALTORS® MLS

APN: 710-08853-186

Arkansas Faulkner County Conway 72032 Downtown Conway

1961 Cambridge Village Dr, Conway, AR

This home is located at 1961 Cambridge Village Dr, Conway, AR 72032 and is currently priced at $1,275,000, approximately $126 per square foot. This property was built in 2016. 1961 Cambridge Village Dr is a home located in Faulkner County with nearby schools including Ida Burns Elementary School, Conway Junior High School, and Ruth Doyle Intermediate School.

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.

Cooperative Arkansas REALTORS® MLS 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.

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