NOT LISTED FOR SALE

2202 S Elm St Paris, AR 72855

-- Bed
-- Bath
6,409 Sq Ft
1.04 Acres Lot

Sale Details

Date Sold: September 24, 2020

Last sale price $219,000 $34 Per Sq Ft

172 Days on Market

Highlights

  • 1.04 Acre Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Brick or Stone Mason
  • Attached Carport
  • Hot Water Circulator

About This Home

As of September 2020

This property has seven units. All renovated into rental units - some rent monthly and some nightly/short term. Only two units are on HVAC with all others operating independent mini-split for super efficient utilities. The property has a central laundry facility with two washing machines and two dryers. Seller pays water, electric, sewer and gas - expenses for these are included in tenants rent expense. If you are in the market for investment/income property this one is DEFINITELY worth a look!

Last Agent to Sell the Property

Suzanne Nickerson

Paris Realty License #PB00055123 Listed on: 03/05/2020

Last Buyer's Agent

Suzanne Nickerson

Paris Realty License #PB00055123 Listed on: 03/05/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1985

Lot Details

  • 1.04 Acre Lot
  • Property fronts a highway
  • Cleared Lot

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 6,409 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • Gravel Driveway
  • Parking Lot

Location

  • City Lot

Utilities

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

Community Details

  • 7 Units
  • Gross Income $54,000

Listing and Financial Details

  • Assessor Parcel Number 900-01152-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,222

Year Built

Built in 1985

Lot Details

1.04 Acres

Listing Details

  • Reso Property Sub Type: Multi Family
  • Prop. Type: Residential
  • ResoLotFeatures: Cleared, City Lot
  • Road Frontage Type: Highway
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3583
  • ResoSpecialListingConditions: None
  • Subdivision Name: N/A
  • Directions: Turn south on Elm Street from Highway 22 (Paris town square) travel approximately 1 mile and property is located on the right just before you cross the bridge.
  • Carport Y N: Yes
  • Reso Flooring: Carpet, Ceramic Tile
  • Unit Levels: Two
  • Reso Roof: Asphalt, Shingle
  • Year Built Details: 25 Years or older
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Appliances: Some Electric Appliances, Some Gas Appliances, Dryer, Dishwasher, Gas Water Heater, Hot Water Circulator, Range, Refrigerator, Washer
  • Basement: Full, Finished
  • Basement YN: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 1.04
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached Carport, Covered, Carport, Parking Lot

Utilities

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

Lot Info

  • Lot Dimensions: 1.04 acres
  • Parcel #: 900-01152-000

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 8
  • Annual Gross Income: 54000.0

Tax Info

  • Tax Annual Amount: 2222.0
  • Tax Block: N/A
  • Tax Lot: N/A
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $219,000 -2.7% $34 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $225,000 -- $35 / Sq Ft
Source: Western River Valley Board of REALTORS®

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 $1,736 $35,209 $4,443 $30,766
2024 $1,680 $33,000 $4,440 $28,560
2023 $1,627 $33,000 $4,440 $28,560
2022 $1,628 $33,000 $4,440 $28,560
2021 $1,627 $33,000 $4,440 $28,560
2020 $1,588 $33,000 $4,440 $28,560
2019 $1,587 $46,190 $4,440 $41,750
2018 $2,222 $46,190 $4,440 $41,750
2017 $2,222 $46,190 $4,440 $41,750
2016 $2,222 $46,190 $4,440 $41,750
2015 -- $41,380 $3,170 $38,210
2014 -- $41,380 $3,170 $38,210
2013 -- $41,380 $3,170 $38,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1031703

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