NOT LISTED FOR SALE

306 S Jp Wright Loop Rd Jacksonville, AR 72076

Studio
-- Bath
21,906 Sq Ft
1.58 Acre Lot

Sale Details

Date Sold: October 2, 2015

Last sale price $480,000 $22 Per Sq Ft

156 Days on Market

Highlights

  • 1.58 Acre Lot
  • Level Lot
  • Vinyl Flooring
  • Traditional Architecture

About This Home

As of October 2015

Cross 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 Agent to Sell the Property

Scott Hurley

Arkansas Land & Realty, Inc. Listed on: 02/10/2015

Last Buyer's Agent

Danny Holt

McKimmey Associates REALTORS NLR

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,217

Year Built

Built in 1988

Lot Details

1.58 Acres

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Apartments
  • Zoning: MF
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Kitchen Equipment: Free-Standing Stove, Dishwasher, Disposal

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Electric-Municipal, Sewer-Public, Tv-Cable, Water-Public
  • Heating And Air Cond: Window Units

Lot Info

  • Estimated Lot Size: 1.58
  • Estimated Lot Size: 68,825
  • Lot: Level
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: Electric
  • Maximum Rent One Bedroom: 410
  • Minimum Rent One Bedroom: 350
  • Number Of One Bathroom Unitss: 46
  • Number Of One Bedroom Units: 46
  • Number Units: 46

Tax Info

  • Annual Taxes: 5217
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 15004268

Cooperative Arkansas REALTORS® MLS
Your Personal Tour Guide

Ask me questions while you tour the home.