NOT LISTED FOR SALE

219-229 (6-plex) Joe St Farmington, AR 72730

Estimated Value: $279,000

-- Bed
-- Bath
6,600 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $429,000 $65 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,543/month

100 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • Park
  • Fayetteville High School Rated A
  • Walk-In Closet
  • Ceramic Tile Flooring

About This Home

As of August 2019

EXCELLENT Turn-Key 6-Plex Investment Property!! Quiet street, conveniently located and fully rented with long-term renters! NO SIGN - tenants are unaware... Only interior viewing with serious Buyer and Proof of Funds - Each unit has approximately 1,100 sq. ft, 2 bedrooms and 1 & .5 bathrooms, range and refrigerator, 2 parking spaces per unit and tenants pay their own utilities.

Last Agent to Sell the Property

Denise Power

The Griffin Company Commercial Division-Springdale License #AB34027-D01 Listed on: 04/05/2019

Last Buyer's Agent

Michael Thorpe

Kaufmann Realty, LLC License #PB00084018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 6,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8 & pt 9

Community Details

Overview

  • 6 Units
  • Longwith Add. Ph Ii Subdivision

Recreation

  • Park

Building Details

  • Gross Income $39,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,953

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Road Frontage Type: Public Road
  • Subdivision Name: Longwith Add. PH II
  • Directions: Exit 62 to West on Hwy. 62 (MLK) to Farmington, sharp Left onto Old Farmington Rd. (before ARVEST), Right on Sprague then Left on Joe St. Property on Left at back corner of Joe and Wilma.
  • 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: 1994
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family,Other
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1994

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Range, Refrigerator
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 6600.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Corner Lot, City Lot, Level, Near Park
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Park

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Additional Parcels Description: 760-01702-000
  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 39300.0

Tax Info

  • Tax Annual Amount: 3953.0
  • Tax Block: .
  • Tax Lot: 8 & pt 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 1997
Bought by
Moore Linda B
Current Estimated Value
$279,000

Purchase Details

Closed on
Feb 10, 1995
Bought by
Silva Mark W

Purchase Details

Closed on
Aug 31, 1992
Bought by
Anderson Doug L

Purchase Details

Closed on
Jan 1, 1990
Bought by
Longwith Lester J
Source: Public Records

Range of Values:

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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
Moore Linda B $260,000 --
Silva Mark W $295,000 --
Anderson Doug L $33,000 --
Longwith Lester J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2019 08/14/19 Sold $429,000 -8.7% $65 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $470,000 -- $71 / 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 $268 $6,000 $6,000 $0
2023 $251 $6,000 $6,000 $0
2022 $229 $4,000 $4,000 $0
2021 $229 $4,000 $4,000 $0
2020 $229 $4,000 $4,000 $0
2019 $229 $4,000 $4,000 $0
2018 $229 $4,000 $4,000 $0
2017 $23 $4,000 $4,000 $0
2016 $227 $4,000 $4,000 $0
2015 $227 $4,000 $4,000 $0
2014 $340 $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1110080

Northwest Arkansas Board of REALTORS®

APN: 760-01702-000