$799,000
$209K PRICE DROP

Estimated payment $4,637/month

Total Views 50,384
-- Bed
-- Bath
5,040 Sq Ft
$159 Price per Sq Ft

Highlights

  • 0.3 Acre Lot
  • Shops
  • Central Heating and Cooling System
  • Butterfield Trail Elementary School Rated A-
  • Ceramic Tile Flooring
  • Trails

About This Home

This 4-unit Multifamily is set up like a duplex that has a studio apartment under each unit. Presently it is rented like a duplex in that there are only 2 leases on the property. One side is rented at $1925 and the other at $2295. The whole building was completely renovated about 2 years ago. Very nice building in a great location of Fayetteville. Please do not disturb the tenants. No showings until agreed upon contract. Listing Broker is related to Sellers.

Listing Agent

Will Schmidt

Arkansas Heritage Realty Brokerage Phone: 479-521-2252 License #PB00057734 Listed on: 10/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 2003

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced
  • Sloped Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 5,040 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • 4 Units
  • Brophy Add I Ph I Subdivision

Recreation

  • Trails

Additional Features

  • Shops
  • Gross Income $52,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,390

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.2971
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Brophy Add I Ph I
  • Directions: going east on Township turn left onto Brophy property will be on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Quadruplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-521-2252
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Flooring: Ceramic Tile
  • Living Area: 5040.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Subdivision, Sloped
  • Construction Type: Concrete
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping, Trails/Paths

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 52020.0

Tax Info

  • Tax Annual Amount: 3390.0
  • Tax Block: 0
  • Tax Lot: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,001 $108,580 $15,600 $92,980
2023 $3,728 $108,580 $15,600 $92,980
2022 $3,390 $58,490 $12,000 $46,490
2021 $3,390 $58,490 $12,000 $46,490
2020 $3,119 $58,490 $12,000 $46,490
2019 $2,807 $48,440 $9,000 $39,440
2018 $2,807 $48,440 $9,000 $39,440
2017 $2,783 $48,440 $9,000 $39,440
2016 $2,783 $48,440 $9,000 $39,440
2015 $2,652 $48,440 $9,000 $39,440
2014 -- $52,320 $9,000 $43,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Price Changed $799,000 -5.9% $159 / Sq Ft
10/23/2023 10/23/23 Price Changed $849,000 -5.6% $168 / Sq Ft
07/21/2023 07/21/23 Price Changed $899,000 -10.8% $178 / Sq Ft
10/06/2022 10/06/22 For Sale $1,008,000 -- $200 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $117,000 Bankers Title
Quit Claim Deed -- Bankers Title
Trustee Deed $198,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,150 Future Advance Clause Open End Mortgage
Previous Owner $273,700 Unknown
Source: Public Records

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1230762

Northwest Arkansas Board of REALTORS®

APN: 765-18624-000