NOT LISTED FOR SALE

22 Hiland Place Benton, AR 72015

Benton Area
Studio
2 Baths
1,560 Sq Ft
7,725 Sq Ft Lot

Sale Details

Date Sold: June 17, 2024

Last sale price $199,000 $128 Per Sq Ft

51 Days on Market

Highlights

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

About This Home

As of June 2024

For Sale: Fully Rented Duplex in the Heart of Revitalized Benton, AR - 22 Hiland Place An outstanding investment opportunity awaits in Benton, AR! Welcome to 22 Hiland Place, a fully rented duplex nestled in a neighborhood experiencing remarkable revitalization. With both units currently leased at $845 each and the potential for further rent growth, this property promises not only immediate income but also significant appreciation potential. 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 $1,690. With rents at $845 per unit, 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: 04/03/2024

Last Buyer's Agent

Claire Brown

Move Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1954

Lot Details

  • 7,725 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

$1,261

Year Built

Built in 1954

Lot Details

7,725 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 04/03/2024
  • 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: 7725
  • Lot: Sloped
  • Geo Subdivision: AR

Multi Family

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

Tax Info

  • Annual Taxes: 1261

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 18, 2024
Sold by
Bought by
Seller's Agent
Chase Calhoun
Chase Calhoun Real Estate LLC
Buyer's Agent
Claire Brown
Move Realty
List Price
$199,000
Sold Price
$199,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,250
Interest Rate
0.0702%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 2020
Sold by
Bought by

Purchase Details

Closed on
Feb 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2000
Bought by

Purchase Details

Closed on
Oct 17, 1995
Bought by

Purchase Details

Closed on
Jul 26, 1995
Bought by

Purchase Details

Closed on
Mar 1, 1990
Bought by

Purchase Details

Closed on
Mar 1, 1989
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$199,000 First National Title
-- None Listed On Document
-- New Title Company Name
$50,000 Saline County Abstract
-- --
$40,000 --
$25,000 --
-- --
$20,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $149,250
Previous Owner $765,000
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
06/17/2024 06/17/24 Sold $199,000 0.0% $128 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $199,000 0.0% $128 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $199,000 0.0% $128 / Sq Ft
09/28/2023 09/28/23 Rented $845 0.0% --
09/01/2023 09/01/23 For Rent $845 -8.6% --
07/14/2022 07/14/22 Rented $925 0.0% --
03/11/2022 03/11/22 Price Changed $925 +3.4% $1 / Sq Ft
03/04/2022 03/04/22 For Rent $895 0.0% --
02/25/2022 02/25/22 Sold $180,000 0.0% $115 / Sq Ft View Prior Sale
12/30/2021 12/30/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $180,000 -- $115 / 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 $1,261 $22,761 $2,800 $19,961
2024 $1,291 $22,761 $2,800 $19,961
2023 $1,261 $22,761 $2,800 $19,961
2022 $1,261 $22,761 $2,800 $19,961
2021 $617 $11,140 $2,000 $9,140
2020 $617 $11,140 $2,000 $9,140
2019 $617 $11,140 $2,000 $9,140
2018 $616 $11,140 $2,000 $9,140
2017 $616 $11,140 $2,000 $9,140
2016 $576 $10,160 $1,400 $8,760
2015 $566 $10,160 $1,400 $8,760
2014 $570 $10,160 $1,400 $8,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24011218

Cooperative Arkansas REALTORS® MLS
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