NOT LISTED FOR SALE

228 & 228-3 N Locust Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $588,000 - $780,000

4 Beds
3 Baths
2,162 Sq Ft
$321/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $500,000 $231 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,947/month

7 Days on Market

Highlights

  • Patio
  • Central Heating
  • 1-Story Property
  • Washington Elementary School Rated 9+

About This Home

As of July 2017

Properties have 2 dwellings.

Last Agent to Sell the Property

George Faucette

Coldwell Banker Harris McHaney & Faucette -Fayette License #EB00001940 Listed on: 07/20/2017

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

George Faucette

Coldwell Banker Harris McHaney & Faucette -Fayette License #EB00001940 Listed on: 07/20/2017

Coldwell Banker Harris McHaney & Faucette -Fayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,107

Year Built

  • Built in 1951

Lot Details

  • 8,712

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,162 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating
  • Water Heater

Additional Features

  • Patio
  • 8,712 Sq Ft Lot

Community Details

  • Fayetteville Original Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,107

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road
  • Subdivision Name: Fayetteville Original
  • Directions: Sold before print.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1951
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 2162.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Other, See Remarks
  • Waterfront Features: None
  • Construction Type: Rock
  • Exterior Features: Concrete Driveway
  • Foundation Details: Other, See Remarks
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Other
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Other, See Remarks

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2107.0
  • Tax Block: 4
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Jul 14, 2017
Sold by
Mcdonld James Edward and Mcdonld Judy Lynn
Bought by
Christ Community Church
Seller's Agent
George Faucette
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
George Faucette
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$50,000
Sold Price
$500,000
Premium/Discount to List
$450,000
900%
Current Estimated Value
$693,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,324
Avg. Annual Appreciation
4.04%
Original Mortgage
$150,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 1997
Bought by
Anori Associates Lc

Purchase Details

Closed on
Jan 1, 1985
Bought by
Faucette George C
Source: Public Records

Range of Values:

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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
Christ Community Church $500,000 Mercury Title Llc
Anori Associates Lc -- --
Faucette George C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Christ Community Church $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $500,000 +900.0% $231 / Sq Ft
07/20/2017 07/20/17 For Sale $50,000 -- $23 / 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 $3,714 $135,090 $90,000 $45,090
2024 $3,423 $135,090 $90,000 $45,090
2023 $3,190 $135,090 $90,000 $45,090
2022 $2,900 $87,250 $60,000 $27,250
2021 $2,677 $87,250 $60,000 $27,250
2020 $2,454 $87,250 $60,000 $27,250
2019 $2,231 $38,490 $15,000 $23,490
2018 $2,231 $38,490 $15,000 $23,490
2017 $1,636 $38,490 $15,000 $23,490
2016 $2,211 $38,490 $15,000 $23,490
2015 $2,107 $38,490 $15,000 $23,490
2014 $2,383 $44,330 $15,000 $29,330
Source: Public Records

Agents Affiliated with this Home

  • George Faucette

    Seller's Agent in 2017

    George Faucette

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 530-1548

    7 in this area

    11 Total Sales

    George Faucette
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1053517

Northwest Arkansas Board of REALTORS®

APN: 765-01692-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

228 & 228-3 N Locust Ave, Fayetteville, AR

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