NOT LISTED FOR SALE

2761 A & B Ruth Ave Springdale, AR 72764

Estimated Value: $275,000 - $304,000

-- Bed
2 Baths
1,952 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $257,000 $132 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,777/month

5 Days on Market

Highlights

  • Property is near a park
  • Park
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Trails

About This Home

As of April 2022

Great location, Nice 2 bedroom, 1 baths, 1 car garage, Tile flooring through out. Great rental $800 per side, Large kitchen with eat in dining, Good size living room, Large back yard. Sold AS-IS. No showing till accepted offer, please do not disturb the tenants.
Offers are Due Thursday 3/31/2022 at 5:00 pm.

Last Agent to Sell the Property

Mike Overton

M. Overton Realty and Property Management, LLC License #PB00034984 Listed on: 03/29/2022

Co-Listed By

David McKellips

M. Overton Realty and Property Management, LLC License #EB00057667

Last Buyer's Agent

Li Hua Clark

Collier & Associates License #EB00088616

Collier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1993

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,952 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • 2 Units
  • Oaks Add Ph IV Subdivision

Recreation

  • Park
  • Trails

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,089

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2732
  • Co List Office Phone: 479-756-3380
  • Subdivision Name: Oaks Add Ph IV
  • Directions: 412 E. Turn North on Dick Smith. East on Kasey, North on Shannon, East on Ruth
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1993
  • 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: Ceramic Tile
  • Living Area: 1952.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Near Park, Subdivision
  • 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

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

Condo/Co-op/Association

  • Community Features: Near Schools, Park, Sidewalks, Trails/Paths

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0

Tax Info

  • Tax Annual Amount: 1089.0
  • Tax Block: 0
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Gan Wei Wei and Tian Liying
Bought by
Geissler Stephan
Current Estimated Value
$292,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,200
Outstanding Balance
$216,059
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$76,705

Purchase Details

Listed on
Mar 29, 2022
Closed on
May 2, 2022
Sold by
Layman L Drake Trust
Bought by
Gan Wei Wei and Tian Liying
Seller's Agent
Mike Overton
M. Overton Realty and Property Management, LLC
Buyer's Agent
Li Hua Clark
Collier & Associates
List Price
$230,000
Sold Price
$257,000
Premium/Discount to List
$27,000
11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$168,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
Franklin Mortgage Asset Trust 2009-A
Bought by
Drake Layman L

Purchase Details

Closed on
Jun 1, 2009
Sold by
Ruano Martin and Ruano Dora
Bought by
Franklin Mortgage Asset Trust 2009-A

Purchase Details

Closed on
Nov 16, 2006
Sold by
Millsap Leon
Bought by
Ruano Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1991
Bought by
Millsap, Leon Trust

Purchase Details

Closed on
Jan 1, 1991
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
Geissler Stephan $292,000 Realty Title
Gan Wei Wei $257,000 Realty Title
Drake Layman L $72,000 Associates Closing & Title
Franklin Mortgage Asset Trust 2009-A $108,849 None Available
Ruano Martin $145,000 Lenders
Millsap, Leon Trust $30,000 --
Johnson Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geissler Stephan $248,200
Previous Owner Gan Wei Wei $168,000
Previous Owner Ruano Martin $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $257,000 +11.7% $132 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $230,000 -- $118 / 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 $2,699 $52,210 $14,000 $38,210
2023 $2,751 $52,210 $14,000 $38,210
2022 $1,287 $34,170 $7,000 $27,170
2021 $1,188 $34,170 $7,000 $27,170
2020 $1,089 $34,170 $7,000 $27,170
2019 $990 $18,790 $5,500 $13,290
2018 $990 $18,790 $5,500 $13,290
2017 $981 $18,790 $5,500 $13,290
2016 $981 $18,790 $5,500 $13,290
2015 $979 $18,790 $5,500 $13,290
2014 $872 $16,710 $5,500 $11,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1214077

Northwest Arkansas Board of REALTORS®

APN: 815-31421-000