NOT LISTED FOR SALE

2918 Jerri Ln Springdale, AR 72764

Estimated Value: $286,000 - $315,000

Studio
2 Baths
2,068 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $189,000 $91 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,777/month

9 Days on Market

Highlights

  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Shops
  • Property is near schools
  • 1-Story Property

About This Home

As of June 2020

great investment opportunity, nice 2 bedroom duplex

Last Agent to Sell the Property

Larry Marion

Bassett Mix And Associates, Inc License #SA00075506 Listed on: 05/21/2020

Last Buyer's Agent

Larry Marion

Bassett Mix And Associates, Inc License #SA00075506 Listed on: 05/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1997

Lot Details

  • 9,583 Sq Ft Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Property is near schools

Utilities

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

Listing and Financial Details

  • Tax Lot 35

Community Details

Overview

  • 2 Units
  • Oaks Add Ph Xiii Subdivision

Additional Features

  • Shops
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Road Frontage Type: Shared
  • Subdivision Name: Oaks Add Ph Xiii
  • Directions: Robinson to Dick Smith, to Adrian turn right on Jerri
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2068.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • 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
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools, Shopping

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 987.0
  • Tax Block: .
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 30, 2020
Sold by
Gillihan Properties Llc
Bought by
Lu Mgmt Llc
Seller's Agent
Larry Marion
Bassett Mix And Associates, Inc
Buyer's Agent
Larry Marion
Bassett Mix And Associates, Inc
List Price
$189,000
Sold Price
$189,000
Current Estimated Value
$298,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,957
Avg. Annual Appreciation
8.56%
Original Mortgage
$160,650
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2015
Bought by
Gillihan Properties Llc

Purchase Details

Closed on
Mar 8, 1995
Bought by
Gillihan Doy H

Purchase Details

Closed on
Oct 21, 1993
Bought by
Johnson Neil and Donna Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Mgmt Llc $189,000 Waco Title Company
Gillihan Properties Llc -- --
Gillihan Doy H -- --
Johnson Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lu Mgmt Llc $160,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $189,000 0.0% $91 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $189,000 -- $91 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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
2025 $2,283 $51,930 $14,000 $37,930
2024 $2,108 $51,930 $14,000 $37,930
2023 $1,969 $51,930 $14,000 $37,930
2022 $1,790 $33,970 $7,000 $26,970
2021 $1,790 $33,970 $7,000 $26,970
2020 $1,085 $33,970 $7,000 $26,970
2019 $987 $18,720 $5,500 $13,220
2018 $987 $18,720 $5,500 $13,220
2017 $977 $18,720 $5,500 $13,220
2016 $977 $18,720 $5,500 $13,220
2015 $977 $18,720 $5,500 $13,220
2014 $931 $17,830 $5,500 $12,330
Source: Public Records

Agents Affiliated with this Home

  • Larry Marion

    Seller's Agent in 2020

    Larry Marion

    Bassett Mix And Associates, Inc

    (479) 521-5600

    34 in this area

    140 Total Sales

    Larry Marion
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1147412

Northwest Arkansas Board of REALTORS®

APN: 815-32787-000

Arkansas Washington County Springdale 72764

2918 Jerri Ln, Springdale, AR

Not Listed for Sale

MultiFamily

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