NOT LISTED FOR SALE

2490 W Mary Dr Fayetteville, AR 72704

Estimated Value: $278,951 - $343,000

-- Bed
2 Baths
2,020 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $195,500 $97 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,757/month

19 Days on Market

Highlights

  • 1 Car Attached Garage
  • Shops
  • Central Heating and Cooling System
  • Holt Middle School Rated A-
  • Ceramic Tile Flooring
  • Trails

About This Home

As of May 2020

Great investment opportunity. Close to I-49, the mall, shopping and restaurants. Each side has 2 bedroom 1 bath and a 1 car garage. One side does include the washer and dryer. The other does not but has the connections. One side has been updated a year ago with new cabinets in kitchen and bathroom.

Last Agent to Sell the Property

Trent Ward

Realty Concepts License #SA00060525 Listed on: 04/09/2020

Last Buyer's Agent

Kevin Fischer

Weichert, REALTORS Griffin Company Bentonville License #SA00059293

Weichert, REALTORS Griffin Company Bentonville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Cleared Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 17 / 2

Community Details

Overview

  • 2 Units
  • Lenham Heights Sub Subdivision

Recreation

  • Trails

Additional Features

  • Shops
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,517

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Lenham Heights Sub
  • Directions: From Joyce and College(71B) Head West on Joyce. Left on Wilkerson - Left on Yvonne - Right on Mary - Duplex on the left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1992
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2020.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Near Hospital, Shopping, Trails/Paths

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 1517.0
  • Tax Block: 2
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 28, 2020
Sold by
Gammill Kim
Bought by
Melton Jared and Melton Laura
Seller's Agent
Trent Ward
Realty Concepts
Buyer's Agent
Kevin Fischer
Weichert, REALTORS Griffin Company Bentonville
List Price
$194,900
Sold Price
$195,500
Premium/Discount to List
$600
0.31%
Current Estimated Value
$308,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,238
Avg. Annual Appreciation
8.75%
Original Mortgage
$191,958
Outstanding Balance
$170,101
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$138,637

Purchase Details

Closed on
Feb 18, 1994
Bought by
Bell Investment Corp An Ark and Corp

Purchase Details

Closed on
Jan 18, 1994
Bought by
Bell International Inc A

Purchase Details

Closed on
Sep 14, 1990
Bought by
Mathias Sam

Purchase Details

Closed on
Apr 24, 1990
Bought by
Howard Virginia and Mathias Sam

Purchase Details

Closed on
Jan 1, 1990
Bought by
Howard Stan and Mathias Sam
Source: Public Records

Range of Values:

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Average Value
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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
Melton Jared $195,500 None Available
Bell Investment Corp An Ark -- --
Bell International Inc A -- --
Mathias Sam -- --
Howard Virginia -- --
Howard Stan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Jared $191,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $195,500 +0.3% $97 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $194,900 -- $96 / 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 $1,593 $43,940 $12,000 $31,940
2024 $1,626 $43,940 $12,000 $31,940
2023 $1,645 $43,940 $12,000 $31,940
2022 $1,565 $33,940 $6,000 $27,940
2021 $1,565 $33,940 $6,000 $27,940
2020 $1,294 $33,940 $6,000 $27,940
2019 $1,517 $26,550 $6,000 $20,550
2018 $1,517 $26,550 $6,000 $20,550
2017 $1,504 $26,550 $6,000 $20,550
2016 $1,504 $26,550 $6,000 $20,550
2015 $1,437 $26,550 $6,000 $20,550
2014 $1,306 $23,060 $6,000 $17,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1144306

Northwest Arkansas Board of REALTORS®

APN: 785-18256-000