NOT LISTED FOR SALE

20 Hiland Place Benton, AR 72015

Studio
-- Bath
1,560 Sq Ft
9,867 Sq Ft Lot

Sale Details

Date Sold: September 27, 2024

Last sale price $194,000 $124 Per Sq Ft

16 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Vinyl Flooring
  • Benton Middle School Rated A-
  • Central Air

About This Home

As of September 2024

For Sale: Fully Rented Duplex in the Heart of Revitalized Benton, AR - 20 Hiland Place. An outstanding investment opportunity awaits in Benton, AR! Welcome to 20 Hiland Place, a fully rented duplex nestled in a neighborhood experiencing remarkable revitalization. With both units currently leased at $1045 and $845 With the potential for further rent growth, this property promises not only immediate income but also significant appreciation potential. Market rent is $1045. Key Features: Prime location: Situated in a neighborhood undergoing substantial revitalization, this duplex is perfectly positioned to benefit from the area's growth and increased demand. Rental income: Both units are fully rented, generating a combined monthly income of $1,890. There's ample room for rent growth in line with the neighborhood's resurgence. Recent remodel: The duplex has been recently remodeled, ensuring modern amenities and comfort for tenants while minimizing maintenance concerns for the new owner. Strong rental market: Benton boasts a robust rental market, attracting tenants seeking quality housing in a desirable location. No Showings without accepted Sales Contract.

Last Agent to Sell the Property

Chase Calhoun

Chase Calhoun Real Estate LLC Listed on: 08/06/2024

Last Buyer's Agent

Misti Holland

Crye-Leike REALTORS Benton Branch

Crye-Leike REALTORS Benton Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1954

Lot Details

  • 9,867 Sq Ft Lot
  • Sloped Lot

Parking

  • Parking Pad

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Crawl Space
  • Stove

Utilities

  • Central Air

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,169

Year Built

Built in 1954

Lot Details

9,867 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 08/06/2024
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Duplex
  • Zoning: unknown
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Floors: Vinyl
  • Foundation: Crawl Space
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Water-Public
  • Heating And Air Cond: Central Cool-Electric

Lot Info

  • Estimated Lot Size: 0.18
  • Estimated Lot Size: 9867
  • Lot: Sloped
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 1045
  • Minimum Rent Two Bedroom: 845
  • Number Units: 2

Tax Info

  • Annual Taxes: 1169
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $194,000 -2.5% $124 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $199,000 +290.6% $128 / Sq Ft
02/20/2020 02/20/20 Sold $50,952 0.0% $33 / Sq Ft View Prior Sale
02/03/2020 02/03/20 For Sale $50,952 -- $33 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,169 $21,106 $2,800 $18,306
2024 $1,197 $21,106 $2,800 $18,306
2023 $1,169 $21,106 $2,800 $18,306
2022 $1,169 $21,106 $2,800 $18,306
2021 $631 $11,390 $2,000 $9,390
2020 $631 $11,390 $2,000 $9,390
2019 $631 $11,390 $2,000 $9,390
2018 $630 $11,390 $2,000 $9,390
2017 $630 $11,390 $2,000 $9,390
2016 $588 $10,370 $1,400 $8,970
2015 $578 $10,370 $1,400 $8,970
2014 $582 $10,370 $1,400 $8,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24028272

Cooperative Arkansas REALTORS® MLS
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