NOT LISTED FOR SALE

2602 S Olive Ct Siloam Springs, AR 72761

Estimated Value: $326,000 - $741,000

-- Bed
-- Bath
7,000 Sq Ft
$74/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $880,000 $126 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $3,035/month

10 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • 1-Story Property
  • Double Pane Windows
  • Central Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of November 2021

Calling all Investors. Great opportunity to buy a package of 4 houses for under market value. These 4 homes are all located next to each other and built in 2019. Homes are all leased at nearly $1,400/ month with seasoned tenants. Homes are all 4bedroom 2bath 2 car garage homes with custom cabinets, stainless appliances, hardwood look tile, granite tops, ceiling fans, blinds, and much more. Rent rolls are available upon request. All units are tenant occupied so showings will need to be approved well in advance. Dont miss this opportunity..

Last Agent to Sell the Property

Tim Wang Team

Prestige Management & Realty Listed on: 09/21/2021

Last Buyer's Agent

David Johnson

RE/MAX Associates License #00014158

RE/MAX Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 2019

Lot Details

  • 8,712

Home Design

  • Brick Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 7,000 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 8,712 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot Lot 1,2,3,4

Community Details

Overview

  • 4 Units
  • Woodlands Subdivision

Building Details

  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,400

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road
  • Subdivision Name: Woodlands
  • Directions: HWY 412 West into Siloam Springs. L on South Mount Olive. L on lake Francis. R on Aspen. R on Roselawn and a L onto Olive court.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2019
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Oven, Microwave Hood Fan, Microwave
  • Basement YN: No
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 7000.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, None, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Brick/Mortar
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Additional Parcels Description: 03-05566-000; 03-05567-000; 03-05568-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 66000.0

Tax Info

  • Tax Annual Amount: 8400.0
  • Tax Block: -
  • Tax Lot: Lot 1,2,3,4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2004
Bought by
Cale Prop 31Ac
Current Estimated Value
$520,036
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cale Prop 31Ac $465,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $880,000 -2.2% $126 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $900,000 -- $129 / 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 $2,681 $63,857 $8,400 $55,457
2023 $2,437 $42,310 $7,200 $35,110
2022 $2,435 $42,310 $7,200 $35,110
2021 $2,164 $42,310 $7,200 $35,110
2020 $1,973 $34,260 $2,400 $31,860
2019 $138 $2,400 $2,400 $0
2018 $138 $2,400 $2,400 $0
2017 $138 $2,400 $2,400 $0
2016 $138 $2,400 $2,400 $0
2015 $242 $4,200 $4,200 $0
2014 $242 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Wang Team

    Prestige Management & Realty

    9 in this area

    287 Total Sales

    Tim Wang Team
    Section Image
  • David Johnson

    Buyer's Agent in 2021

    David Johnson

    RE/MAX

    (479) 684-5750

    1 in this area

    24 Total Sales

    David Johnson
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1198172

Northwest Arkansas Board of REALTORS®

APN: 03-05565-000

Arkansas Benton County Siloam Springs 72761

2602 S Olive Ct, Siloam Springs, AR

This home is located at 2602 S Olive Ct, Siloam Springs, AR 72761 since 21 September 2021 and is currently estimated at $520,036, approximately $74 per square foot. This property was built in 2019. 2602 S Olive Ct is a home located in Benton County with nearby schools including Northside Elementary School, Southside Elementary School, and Delbert Pete & Pat Allen Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes