NOT LISTED FOR SALE

269 County Road 3023 Eureka Springs, AR 72632

Estimated Value: $1,913,000 - $1,980,000

-- Bed
1 Bath
3,600 Sq Ft
$541/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $370,000 $103 Per Sq Ft

Est. 426% increase in value since last sale

Current estimated payment $10,564/month

163 Days on Market

Highlights

  • Wooded Lot
  • Cooling Available
  • Carpet
  • Eureka Springs Elementary School Rated A-
  • Shops
  • Heating Available

About This Home

As of May 2022

Sitting on approximately 12.55 acres! This resort style complex is sheltered in the trees with cliffs, a creek, and magnificent trees and natural. There are 6 rental units with a community gathering building centrally located with media room. Multiple stoves and a large kitchen area in community building. This is a great 3600 sq ft investment opportunity. Plenty of parking space. This would be a great for a bed and breakfast or you could convert the community building into additional apartments to generate more revenue. Large beautiful slice of the Ozarks! Lots of additional potential here.

Last Agent to Sell the Property

Robert Carter

Fathom Realty License #SA00085953 Listed on: 09/17/2021

Fathom Realty

Last Buyer's Agent

Nicco Bersi

First Star Realty License #SA00084859

First Star Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $641

Year Built

  • Built in 1950

Lot Details

  • 12.55 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Wooded Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Parking Lot

Location

  • Outside City Limits

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • 6 Units
  • Shops
  • Gross Income $35,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$641

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 12.55
  • Road Frontage Type: County Road
  • Subdivision Name: N/a
  • Directions: from HWY 62 in eureka Springs, turn south onto Rock House Rd/302 for .7 miles then turn left onto Co Rd 3023, after .3 miles you will arrive at destination on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Age Unknown
  • Year Built: 1950
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: None
  • Living Area: 3600.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: None
  • Lot Features: Not In Subdivision, Outside City Limits, Rural Lot, Wooded
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Shopping

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 35000.0

Tax Info

  • Tax Annual Amount: 641.0
  • Tax Block: n/a
  • Tax Lot: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2010
Bought by
Eidson Roy A and Eidson Evelyn
Current Estimated Value
$1,946,500

Purchase Details

Closed on
Dec 16, 1988
Bought by
Brown James G and Brown Diana
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
Eidson Roy A -- --
Brown James G $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mp Strickland Investments Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $370,000 -17.6% $103 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $449,000 -- $125 / 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 $2,333 $55,710 $6,220 $49,490
2023 $2,239 $55,710 $6,220 $49,490
2022 $2,148 $55,710 $6,220 $49,490
2021 $929 $19,270 $6,250 $13,020
2020 $641 $19,270 $6,250 $13,020
2019 $1,407 $36,560 $6,490 $30,070
2018 $1,432 $36,560 $6,490 $30,070
2017 $1,432 $36,560 $6,490 $30,070
2016 $1,666 $38,440 $6,530 $31,910
2014 -- $38,440 $6,530 $31,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1197853

Northwest Arkansas Board of REALTORS®

APN: 001-07839-000