NOT LISTED FOR SALE

2003 Platt St Springdale, AR 72762

Estimated Value: $257,000 - $334,923

-- Bed
4 Baths
2,890 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $120,000 $42 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,948/month

15 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • 1 Car Attached Garage
  • Central Junior High School Rated A-
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of May 2016

Sold before print. Great Investment property in a great location. Close to schools and shopping. Easy access to I-49.

Last Agent to Sell the Property

Joel Treat

Red Box Realty License #EB00063167 Listed on: 03/25/2016

Last Buyer's Agent

Joel Treat

Red Box Realty License #EB00063167 Listed on: 03/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1981

Lot Details

  • 0.48 Acre Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,890 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 2

Community Details

Overview

  • 2 Units
  • American Add #2 Subdivision

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,322

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Frontage Type: Public Road
  • Subdivision Name: American Add #2
  • Directions: From Elm Springs Rd go North on 40th St. to Falcon. Turn East to Joye, North to McDonald, West to Platt. Duplex on Right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Wood
  • Interior Amenities: None
  • Living Area: 2890.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, City Lot
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13800.0

Tax Info

  • Tax Annual Amount: 1322.0
  • Tax Block: 2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 10, 2016
Sold by
Moffat Rentals Llc
Bought by
Khamsomphou Sathong
Seller's Agent
Joel Treat
Red Box Realty
Buyer's Agent
Joel Treat
Red Box Realty
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$339,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,553
Avg. Annual Appreciation
10.08%
Original Mortgage
$117,826
Outstanding Balance
$95,317
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$206,914

Purchase Details

Closed on
Aug 6, 2014
Bought by
Moffat Rentals Llc

Purchase Details

Closed on
Feb 1, 1982
Bought by
Moffat Clyde W and Moffat Eleanor M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khamsomphou Sathong $120,000 City Title & Closing Llc
Moffat Rentals Llc -- --
Moffat Clyde W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khamsomphou Sathong $117,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Sold $120,000 +0.1% $42 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $119,900 -- $41 / 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
2025 $1,969 $60,060 $14,000 $46,060
2024 $1,818 $60,060 $14,000 $46,060
2023 $1,699 $60,060 $14,000 $46,060
2022 $1,544 $39,710 $9,000 $30,710
2021 $1,425 $39,710 $9,000 $30,710
2020 $1,307 $39,710 $9,000 $30,710
2019 $1,188 $22,540 $6,000 $16,540
2018 $1,188 $22,540 $6,000 $16,540
2017 $1,177 $22,540 $6,000 $16,540
2016 $1,177 $22,540 $6,000 $16,540
2015 $1,177 $22,540 $6,000 $16,540
2014 $1,322 $25,330 $6,000 $19,330
Source: Public Records

Agents Affiliated with this Home

  • Joel Treat

    Seller's Agent in 2016

    Joel Treat

    Red Box Realty

    (479) 871-4366

    36 in this area

    142 Total Sales

    Joel Treat
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1012087

Northwest Arkansas Board of REALTORS®

APN: 815-20284-000

Arkansas Washington County Springdale 72762

2003 Platt St, Springdale, AR

Not Listed for Sale

MultiFamily

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