NOT LISTED FOR SALE

2005 & 2210 Karrington Ridge Springdale, AR 72762

Shady Grove Neighborhood

Estimated Value: $208,000 - $263,000

-- Bed
2 Baths
1,150 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,400,000 $1,217 Per Sq Ft

Current estimated payment $1,401/month

130 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Level Lot
  • Holt Middle School Rated A-
  • Privacy Fence
  • Gas Log Fireplace

About This Home

As of June 2021

10 units in great shape. 100% occupied very low maintenance investment property. Less than 10 minutes from U of A campus. Located just North of NWA mall. All appliances convey. 2 bedroom 2.5 bathroom. New roof & guttering Nov 2020.

Last Agent to Sell the Property

Benjamin Anderson

Collier & Associates License #SA00088385 Listed on: 01/05/2021

Collier & Associates

Co-Listed By

Barry Graves

Weichert REALTORS - The Griffin Company Springdale License #EB00044463

Last Buyer's Agent

Landra Bench

Collier & Associates License #EB00057354

Collier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,150

Year Built

  • Built in 2006

Lot Details

  • 4,356 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 1,150 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 11A

Community Details

Overview

  • 10 Units
  • Karrington Ridge Hpr Subdivision

Building Details

  • Operating Expense $25,000
  • Gross Income $105,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,150

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 2311
  • Co List Office Phone: 479-756-1003
  • Subdivision Name: Karrington Ridge - HPR
  • Directions: I-49 to Johnson, head East to Karrington Ridge Dr or off 71B. Turn west on Main St. Close to Wright's BBQ.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2006
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium,Multi Family,Other
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2006

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: None
  • Living Area: 1150.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Cleared, Level
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Two Spaces, Asphalt

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Fire Station, Sidewalks

Lot Info

  • Additional Parcels Description: 785-19281-000
  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10
  • Number Of Units Total: 10
  • Annual Gross Income: 105000.0
  • Annual Operating Expense: 25000.0

Tax Info

  • Tax Annual Amount: 1150.0
  • Tax Block: .
  • Tax Lot: 11A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2017
Sold by
Mills Don
Bought by
Anderson Darla J and Anderson George E
Current Estimated Value
$237,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Outstanding Balance
$87,498
Interest Rate
4.09%
Estimated Equity
$150,169

Purchase Details

Closed on
May 4, 2007
Sold by
Elder Meadowview Townhomes Llc
Bought by
Mills Taylor and Mills Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.13%
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 Buyer Sale Price Title Company
Anderson Darla J $115,758 --
Mills Taylor $128,000 Heritage Land Title Of Ar
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Darla J $105,750
Closed Anderson Darla J --
Previous Owner Mills Donald $111,600
Previous Owner Mills Taylor $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $1,400,000 -3.4% $1,217 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $1,450,000 -- $1,261 / 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
2024 $1,623 $33,610 $0 $33,610
2023 $1,513 $33,610 $0 $33,610
2022 $1,375 $24,060 $0 $24,060
2021 $1,252 $24,060 $0 $24,060
2020 $1,147 $24,060 $0 $24,060
2019 $1,043 $18,250 $0 $18,250
2018 $1,043 $18,250 $0 $18,250
2017 $1,034 $18,250 $0 $18,250
2016 $1,034 $18,250 $0 $18,250
2015 $1,034 $18,250 $0 $18,250
2014 $1,020 $18,000 $0 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1170593

Northwest Arkansas Board of REALTORS®

APN: 785-19281-000