NOT LISTED FOR SALE

204 S College Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $298,000 - $451,000

0.27 Acre
$1,413,876 Price per Acre
11,700 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $350,000 $314 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,184/month

197 Days on Market

Highlights

  • 0.27 Acre Lot
  • Public Transportation
  • Lot Has A Rolling Slope
  • Washington Elementary School Rated 9+
  • Trails

About This Lot

As of May 2023

Great building lot at the edge of the Fayetteville square. Zoned Downtown General. Numerous possibilities with this flexible zoning to include dense residential, multifamily, mixed use, commercial. City alley access to allow rear entry to lot. Fayetteville is currently under construction to improve this intersection to include a crosswalk beside this lot to enter the downtown square area.

Last Agent to Sell the Property

Ryan Russell

Equity Partners Realty License #EB00056667 Listed on: 08/09/2022

Last Buyer's Agent

Christopher Erstine

The Griffin Company Commercial Division-Springdale License #SA58149-D01

The Griffin Company Commercial Division-Springdale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,449

Lot Details

  • 0.27 Acre Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Zoning described as Multi Family

Location

  • City Lot

Listing and Financial Details

  • Legal Lot and Block 2 / 3

Community Details

Recreation

  • Trails

Additional Features

  • Boles Add Subdivision
  • Public Transportation

Property Details

Property Type

Land

Est. Annual Taxes

$1,449

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.2686
  • Road Frontage Type: Public Road
  • Subdivision Name: Boles Add
  • Directions: From Dickson St/College Ave intersection go south on College Ave. Stay straight/turn left on S. College when College turns to Archibald Yell. First vacant lot on left on S. College Ave.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Fencing: None
  • Lot Features: Central Business District, Cleared, City Lot
  • Topography: Rolling
  • Waterfront Features: None

Utilities

  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks, Trails/Paths

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1449.0
  • Tax Block: 3
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Homestead Llc
Bought by
Postcard View Llc
Current Estimated Value
$379,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,250
Interest Rate
5.51%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 21, 2018
Closed on
Aug 16, 2019
Sold by
Clements Sandl and Hoozen Randall Earl Van
Bought by
Boston Mountain Holdings Llc
Seller's Agent
Elizabeth Cantwell
Prime Real Estate and Development
Buyer's Agent
Jody Cohen
Keller Williams Market Pro Realty
List Price
$225,000
Sold Price
$155,000
Premium/Discount to List
-$70,000
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$131,750
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2014
Sold by
Washington County Commissioner
Bought by
Clements Sandi and Clements Van Hoozen

Purchase Details

Closed on
May 31, 1994
Bought by
Clements Sandi and Van Hoozen,

Purchase Details

Closed on
Jun 30, 1990
Bought by
Hughes Family Trust

Purchase Details

Closed on
Aug 30, 1984
Bought by
Rhyne Dixie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Postcard View Llc -- Realty Title
Postcard View Llc -- Realty Title Closing Services
Boston Mountain Holdings Llc $155,000 Waco Title Company
Clements Sandi $602 None Available
Clements Sandi $30,000 --
Hughes Family Trust $28,000 --
Rhyne Dixie L -- --
Rhyne Dixie L $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Postcard View Llc $379,250
Previous Owner Boston Mountain Holdings Llc $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $350,000 -12.3% $314 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
08/09/2022 08/09/22 For Sale $399,000 +157.4% $358 / Sq Ft
08/16/2019 08/16/19 Sold $155,000 -31.1% $165 / Sq Ft View Prior Sale
07/17/2019 07/17/19 Pending -- -- --
03/21/2018 03/21/18 For Sale $225,000 -- $240 / 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 $2,141 $37,500 $37,500 $0
2024 $2,138 $37,500 $37,500 $0
2023 $2,173 $37,500 $37,500 $0
2022 $1,449 $25,000 $25,000 $0
2021 $1,449 $25,000 $25,000 $0
2020 $1,449 $25,000 $25,000 $0
2019 $269 $11,120 $2,000 $9,120
2018 $294 $11,120 $2,000 $9,120
2017 $44 $11,120 $2,000 $9,120
2016 $283 $11,120 $2,000 $9,120
2015 $226 $11,120 $2,000 $9,120
2014 $188 $9,617 $2,570 $7,047
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ryan Russell

    Equity Partners Realty

    (479) 466-6177

    12 in this area

    60 Total Sales

    Ryan Russell
    Section Image
  • Christopher Erstine

    Buyer's Agent in 2023

    Christopher Erstine

    The Griffin Company Commercial Division-Springdale

    (479) 236-2868

    10 in this area

    93 Total Sales

    Christopher Erstine
    Section Image
  • Elizabeth Cantwell

    Seller's Agent in 2019

    Elizabeth Cantwell

    Prime Real Estate and Development

    (479) 841-7689

    2 in this area

    5 Total Sales

    Elizabeth Cantwell
    Section Image
  • Melanie Norman

    Seller Co-Listing Agent in 2019

    Melanie Norman

    Prime Real Estate and Development

    (479) 790-0979

    6 in this area

    16 Total Sales

    Melanie Norman
    Section Image
  • Jody Cohen

    Buyer's Agent in 2019

    Jody Cohen

    Keller Williams Market Pro Realty

    (479) 871-3573

    41 in this area

    134 Total Sales

    Jody Cohen
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1226114

Northwest Arkansas Board of REALTORS®

APN: 765-02982-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

204 S College Ave, Fayetteville, AR

Not Listed for Sale

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