NOT LISTED FOR SALE

2761 Ruth Ave Unit A & B Springdale, AR 72764

Estimated Value: $291,000 - $328,000

Studio
2 Baths
1,952 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2024

Last sale price $292,000 $150 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,856 / mo

59 Days on Market

Highlights

  • Property is near park and schools
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Traditional Architecture
  • Park
  • Central Air

About This Home

As of December 2024

Attention investors! You will not see this kind of opportunity very often in this subdivision. Both units generate $1,750 per month. Each unit has 2 bedrooms, 1 full bathroom, 1 car garage, and tile flooring, no carpet! Generously sized living room, kitchen, dining area, and a large backyard. Why wait, act now!

Last Agent to Sell the Property

Hsiu-Chun Ho

Weichert REALTORS - The Griffin Company Springdale Brokerage Phone: 479-521-0220 License #SA00096410 Listed on: 08/26/2024

Weichert REALTORS - The Griffin Company Springdale

Last Buyer's Agent

Larry Marion

Bassett Mix And Associates, Inc License #SA00075506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1993

Lot Details

  • 12,776 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

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

Parking

  • 2 Car Attached Garage
  • Driveway

Location

  • Property is near park and schools
  • City Lot

Utilities

  • Central Air
  • 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 $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,699

Year Built

Built in 1993

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.2933
  • Road Frontage Type: Public Road
  • Subdivision Name: Oaks Add Ph Iv
  • Directions: US 412 E/East on Robinson Avenue, turn left onto Dick Smith Street, turn right onto Kasey Avenue, turn left onto Shannon Street, turn right onto Ruth Avenue.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • Year Built: 1993
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-521-0220
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Living Area: 1952.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial
  • Lot Features: City Lot, Level, Near Park, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, One Space

Utilities

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

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0

Tax Info

  • Tax Annual Amount: 2699.0
  • Tax Block: na
  • Tax Lot: 10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Dec 9, 2024
Sold by
Bought by
Seller's Agent
Hsiu-Chun Ho
Weichert REALTORS - The Griffin Company Springdale
Buyer's Agent
Larry Marion
Bassett Mix And Associates, Inc
List Price
$309,000
Sold Price
$292,000
Premium/Discount to List
-$17,000
-5.5%
Views
53
Current Estimated Value
$303,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,752
Avg. Annual Appreciation
2.61%
Original Mortgage
$248,200
Outstanding Balance
$212,387
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$91,365

Purchase Details

Closed on
May 2, 2022
Sold by
Bought by

Home Financials for this Owner

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

Purchase Details

Closed on
Jul 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 2006
Sold by
Bought by

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

Purchase Details

Closed on
Jan 1, 1991
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$292,000 Realty Title
$257,000 Realty Title
$72,000 Associates Closing & Title
$108,849 None Available
$145,000 Lenders
$30,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $248,200
Previous Owner $168,000
Previous Owner $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $292,000 -5.5% $150 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $309,000 0.0% $158 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $309,000 -- $158 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,699 $52,210 $14,000 $38,210
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: ArkansasOne MLS

MLS Number: 1284912

ArkansasOne MLS

APN: 815-31421-000

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