NOT LISTED FOR SALE

2560 Adrian Ave Unit A & B Springdale, AR 72764

Estimated Value: $349,000 - $375,000

-- Bed
4 Baths
2,828 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $232,000 $82 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,133/month

22 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Partially Fenced Property
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heating System Uses Gas

About This Home

As of March 2021

Great investment opportunity for this nice duplex in Springdale. Each side features 3 bedroom, 2 baths, 1 car garage, Partially fenced yard. Do not disturb tenants. No showings without accepted offer.
When accepted buyer will have right to inspect.

Last Agent to Sell the Property

John Mullins

Lindsey & Associates Inc License #SA00057543 Listed on: 01/18/2021

Lindsey & Associates Inc

Last Buyer's Agent

Alex Cordova

Exit Realty Harper Carlton Group License #SA00082326

Exit Realty Harper Carlton Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Partially Fenced Property
  • Cleared Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Dryer

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 2 Units
  • Oaks Add Ph Viii Subdivision

Building Details

  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,151

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Road Frontage Type: Shared
  • Subdivision Name: Oaks Add Ph Viii
  • Directions: From 71 B, take 412 East, left on Dick Smith, right on Adrian Ave.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), None, Pantry
  • Living Area: 2828.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0

Tax Info

  • Tax Annual Amount: 1151.0
  • Tax Block: N/A
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 12, 2021
Sold by
Welborn David C and Welborn Amy Elizabeth
Bought by
Vasquez Francisco Torres and Vasquez Alicia Alarcon
Seller's Agent
John Mullins
Lindsey & Associates Inc
Buyer's Agent
Alex Cordova
Exit Realty Harper Carlton Group
List Price
$229,900
Sold Price
$232,000
Premium/Discount to List
$2,100
0.91%
Current Estimated Value
$362,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,866
Avg. Annual Appreciation
10.24%
Original Mortgage
$174,000
Outstanding Balance
$155,979
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$206,887

Purchase Details

Closed on
Sep 28, 2009
Sold by
Welborn David C and Welborn Amy E
Bought by
W Properties Llc

Purchase Details

Closed on
May 15, 2009
Sold by
Munoz Jose
Bought by
Welborn David C and Welborn Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2005
Sold by
Millsap Leon
Bought by
Munoz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,705
Interest Rate
9.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 1993
Bought by
Millsap, Betty A. Irrevocable Tr and Leon Millsap Ttee

Purchase Details

Closed on
Jan 1, 1992
Bought by
Johnson Neil and Donna Ruth
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
Vasquez Francisco Torres $232,000 Paci Advance Title
W Properties Llc -- None Available
Welborn David C $104,000 Lenders Title Company
Munoz Jose $164,000 Lenders
Millsap, Betty A. Irrevocable Tr $100,000 --
Johnson Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Francisco Torres $174,000
Previous Owner Welborn David C $83,200
Previous Owner Munoz Jose $155,705
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $232,000 +0.9% $82 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $229,900 -- $81 / 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
2024 $2,505 $60,710 $14,000 $46,710
2023 $2,340 $60,710 $14,000 $46,710
2022 $2,128 $40,370 $7,000 $33,370
2021 $1,382 $40,370 $7,000 $33,370
2020 $1,267 $40,370 $7,000 $33,370
2019 $1,152 $21,850 $5,500 $16,350
2018 $1,151 $21,850 $5,500 $16,350
2017 $1,141 $21,850 $5,500 $16,350
2016 $1,141 $21,850 $5,500 $16,350
2015 $1,141 $21,850 $5,500 $16,350
2014 $1,170 $22,410 $5,500 $16,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1171434

Northwest Arkansas Board of REALTORS®

APN: 815-31775-000