Seller's Agent in 2015
Scott Hurley
Arkansas Land & Realty, Inc.
(501) 240-0049
123 Total Sales
306 S Jp Wright Loop Rd Jacksonville, AR 72076
Studio
--
Bath
21,906
Sq Ft
68,825
Sq Ft Lot
Highlights
- 1.58 Acre Lot
- Level Lot
- Vinyl Flooring
- Traditional Architecture
About This Home
As of October 2015Cross Keys Apartments consists of 46 1BR/1BA apartments. This is a value add property. Seller has priced the complex well below appraised value. Gross Rev in 2011 was $143,118. 2012 was $129,571. 2013 $98,272. Downward trend was a result of a lack of capital and poor management. 5 of the 10 roofs were replaced in 2010. Tenants pay electricity. Seller's records of expenses is not deemed to be reliable due to poor management and accounting. Estimate for expenses is $55,000-$60,000 per year.
Last Buyer's Agent
Danny Holt
McKimmey Associates REALTORS NLR
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,217
Year Built
- Built in 1988
Lot Details
- 1.58 Acre Lot
- Level Lot
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 21,906 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Kitchen
- Stove
- Dishwasher
- Disposal
Utilities
- Window Unit Cooling System
- Window Unit Heating System
- Cable TV Available
Community Details
- 46 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2015 10/02/15 | Sold | $480,000 | -26.2% | $22 / Sq Ft |
| 09/02/2015 09/02/15 | Pending | -- | -- | -- |
| 02/10/2015 02/10/15 | For Sale | $650,000 | -- | $30 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
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 | $5,181 | $88,720 | $5,663 | $83,057 |
| 2024 | $4,507 | $88,720 | $5,663 | $83,057 |
| 2023 | $4,507 | $88,720 | $5,663 | $83,057 |
| 2022 | $5,181 | $88,720 | $5,663 | $83,057 |
| 2021 | $2,630 | $73,350 | $5,660 | $67,690 |
| 2020 | $2,455 | $73,350 | $5,660 | $67,690 |
| 2019 | $2,279 | $73,350 | $5,660 | $67,690 |
| 2018 | $2,104 | $73,350 | $5,660 | $67,690 |
| 2017 | $1,929 | $73,350 | $5,660 | $67,690 |
| 2016 | $1,754 | $30,030 | $5,660 | $24,370 |
| 2015 | $2,754 | $30,030 | $5,660 | $24,370 |
| 2014 | $2,754 | $54,211 | $5,660 | $48,551 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Hurley
-
D
Buyer's Agent in 2015
Danny Holt
McKimmey Associates REALTORS NLR
Map
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 15004268
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