NOT LISTED FOR SALE

2921 Jerri Ln Springdale, AR 72764

Estimated Value: $307,993 - $354,000

Studio
2 Baths
2,022 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $199,500 $99 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,932/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Cooling Available
  • Cul-De-Sac
  • Eat-In Kitchen
  • Property near a hospital

About This Home

As of February 2020

Great investment opportunity! Buy to rent or live in one side and rent the other. Both sides are 2 bed and 1 bath and is vacant. Duplex has new roof, A/C on 1 side, and new hot water heaters.

Last Agent to Sell the Property

Jason Mcclure

Weichert REALTORS - The Griffin Company Springdale License #SA00078907 Listed on: 01/16/2020

Weichert REALTORS - The Griffin Company Springdale

Co-Listed By

Sandra Downum

Weichert REALTORS - The Griffin Company Springdale License #SA00049479

Last Buyer's Agent

Colley Bailey

Lone Rock Realty License #PB00076160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,059

Year Built

  • Built in 2001

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 1 Car Attached Garage
  • Driveway

Location

  • Property near a hospital
  • Property is near schools
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 038

Community Details

Overview

  • 2 Units
  • Oaks Add Phase XIII Subdivision

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,059

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2311
  • Co List Office Phone: 479- 756-1003
  • Subdivision Name: Oaks Add Phase XIII
  • Directions: From 71B head East on 412. Turn left on Butterfield Coach. Head North on Butterfield Coach until the first stoplight. Turn (West) on Adrian, right on Wilson, right on Braxton, right on Conner, right on Jerri. The duplex is on the left at end of street.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2001
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Appliances: Gas Water Heater, Plumbed For Ice Maker
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Living Area: 2022.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link, Partial
  • Lot Features: Cleared, Cul-De-Sac, City Lot, Industrial Park, Level, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools, Sidewalks

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: 16800.0

Tax Info

  • Tax Annual Amount: 1059.0
  • Tax Block: .
  • Tax Lot: 038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 21, 2020
Sold by
Neil Johnson Properties Inc
Bought by
Justice James O and Justice Monica P
Seller's Agent
Jason Mcclure
Weichert REALTORS - The Griffin Company Springdale
Buyer's Agent
Colley Bailey
Lone Rock Realty
List Price
$209,000
Sold Price
$199,500
Premium/Discount to List
-$9,500
-4.55%
Current Estimated Value
$326,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,748
Avg. Annual Appreciation
8.65%
Original Mortgage
$199,500
Outstanding Balance
$176,266
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$149,982

Purchase Details

Closed on
Mar 8, 1995
Bought by
Neil Johnson Properties, Inc.

Purchase Details

Closed on
Apr 1, 1992
Bought by
Johnson Neil and Donna Ruth
Source: Public Records
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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
Justice James O $199,500 City Title & Closing Llc
Neil Johnson Properties, Inc. -- --
Johnson Neil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Justice James O $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $199,500 -4.5% $99 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $209,000 -- $103 / 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 $2,412 $55,060 $12,600 $42,460
2024 $2,222 $55,060 $12,600 $42,460
2023 $1,645 $55,060 $12,600 $42,460
2022 $1,569 $36,880 $7,000 $29,880
2021 $1,569 $36,880 $7,000 $29,880
2020 $790 $36,880 $7,000 $29,880
2019 $1,059 $20,100 $5,500 $14,600
2018 $1,059 $20,100 $5,500 $14,600
2017 $1,049 $20,100 $5,500 $14,600
2016 $1,049 $20,100 $5,500 $14,600
2015 $1,049 $20,100 $5,500 $14,600
2014 $1,123 $21,510 $5,500 $16,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1137376

Northwest Arkansas Board of REALTORS®

APN: 815-32790-000