NOT LISTED FOR SALE

2785 Ruth Ave Unit A&B Springdale, AR 72764

Estimated Value: $252,000 - $308,000

-- Bed
2 Baths
2,112 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $275,000 $130 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,726/month

35 Days on Market

Highlights

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

About This Home

As of January 2023

Calling all investors! Have you been wanting to invest in Springdale before the growth floods in with the corporate relocations? Here is your shot! Each unit is 2 bed, 2 bath,1 car garage and rents for $895/unit with potential to rent for $1,100/unit. Both sides have a patio porch flowing into a spacious private fenced back yard for each unit. New Roof in 2020! Please do not disturb tenants. Sold As-is. Available for showing after accepted offer.

Last Agent to Sell the Property

Jackson Hogue

Collier & Associates License #SA00089452 Listed on: 11/08/2022

Collier & Associates

Last Buyer's Agent

Braden Yoakum

Epique Realty License #SA00060194

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1993

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Electric Cooktop
  • Washer

Flooring

  • Laminate
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near a park

Listing and Financial Details

  • Tax Lot 11

Community Details

Overview

  • 2 Units
  • Oaks Add Ph Iv Subdivision

Recreation

  • Park

Building Details

  • Gross Income $21,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.292
  • Road Frontage Type: Public Road
  • Subdivision Name: Oaks Add Ph Iv
  • Directions: Turn left onto Dick Smith St Turn right onto Kasey Ave Turn left onto Shannon St Turn right onto Ruth Ave Property is the second on the left.
  • 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: Electric Cooktop, Electric Range, Gas Water Heater, Washer
  • Basement YN: No
  • Flooring: Ceramic Tile, Laminate, Simulated Wood
  • Living Area: 2112.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Park

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: 21480.0

Tax Info

  • Tax Annual Amount: 1198.0
  • Tax Block: -
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jan 13, 2023
Sold by
Elder-Conway Llc
Bought by
Erfani Naghmeh
Seller's Agent
Jackson Hogue
Collier & Associates
Buyer's Agent
Braden Yoakum
Epique Realty
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$282,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,913
Avg. Annual Appreciation
1.04%
Original Mortgage
$261,250
Outstanding Balance
$253,007
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$29,906

Purchase Details

Closed on
Aug 18, 2017
Sold by
Fredlund Jon C and Weinstein Michael Weinstein
Bought by
Elder Conway Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.89%

Purchase Details

Closed on
Mar 25, 2016
Sold by
Prope Weinstein Dana F
Bought by
Weinstein Dana F and Fredlund Jon C

Purchase Details

Closed on
Aug 10, 2009
Sold by
Fredlund Jack A
Bought by
Weinstein Dana F

Purchase Details

Closed on
Jun 23, 2007
Sold by
Fredlund Jack Arnold
Bought by
Prope Fredlund Jack A

Purchase Details

Closed on
Jul 27, 1992
Bought by
Fredlund Jack Arnold

Purchase Details

Closed on
May 29, 1991
Bought by
Hayes Bert R and Hayes Kinuko

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
Erfani Naghmeh $275,000 --
Elder Conway Llc $125,000 --
Weinstein Dana F -- None Available
Weinstein Dana F -- None Available
Prope Fredlund Jack A -- None Available
Fredlund Jack Arnold $84,000 --
Hayes Bert R $15,000 --
Johnson Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erfani Naghmeh $261,250
Previous Owner Elder Conway Llc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $275,000 0.0% $130 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/08/2022 11/08/22 For Sale $275,000 -- $130 / 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 $2,707 $52,360 $14,000 $38,360
2023 $1,428 $52,360 $14,000 $38,360
2022 $1,298 $34,400 $7,000 $27,400
2021 $1,198 $34,400 $7,000 $27,400
2020 $1,099 $34,400 $7,000 $27,400
2019 $999 $18,950 $5,500 $13,450
2018 $999 $18,950 $5,500 $13,450
2017 $989 $18,950 $5,500 $13,450
2016 $989 $18,950 $5,500 $13,450
2015 $989 $18,950 $5,500 $13,450
2014 $938 $17,970 $5,500 $12,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1233135

Northwest Arkansas Board of REALTORS®

APN: 815-31422-000