NOT LISTED FOR SALE

310 & 312 Velma Ave Springdale, AR 72764

Estimated Value: $181,000 - $343,000

Studio
2 Baths
1,400 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $69,000 $49 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,403/month

20 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Shops
  • Porch
  • Double Pane Windows
  • Property near a hospital

About This Home

As of November 2013

310&312 Velma. 2 Bedroom Duplex with Large Backyard. New exterior paint and new roof in 2010. Central Heat & Air. Garages have been converted to storage areas.Fully occupied. To be shown by appointment with 24 hrs notice. No Lockbox.

Last Agent to Sell the Property

Wayne Vanhook

Crye-Leike REALTORS, Springdale License #EB00005828 Listed on: 10/04/2013

Crye-Leike REALTORS, Springdale

Last Buyer's Agent

Wayne Vanhook

Crye-Leike REALTORS, Springdale License #EB00005828 Listed on: 10/04/2013

Crye-Leike REALTORS, Springdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x137.5
  • Back Yard Fenced
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Porch

Location

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 20-23 INCL / 7

Community Details

Overview

  • 2 Units
  • Hayes First Addition Subdivision

Additional Features

  • Shops
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$913

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 100x137.5
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Hayes First Addition
  • Directions: From Hwy 412 East (Robinson) Turn North on Turner, East on Velma
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Range, Gas Water Heater
  • Has Basement: Crawl Space
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1400.0
  • Window Features: Double Pane Windows, Metal

Exterior Features

  • Fencing: Back Yard, Partial
  • Lot Features: Central Business District, City Lot, Level, Subdivision
  • Disclosures: Seller Disclosure
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Patio And Porch Features: Porch
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital, Near Schools, Shopping
  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning Description: Residential

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 9600.0

Tax Info

  • Tax Annual Amount: 913.0
  • Tax Block: 7
  • Tax Lot: 20-23 INCL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Lopez Ubaldo
Bought by
Lopez Jose and Lopez Maricela
Current Estimated Value
$239,684

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 27, 2013
Sold by
Cowan David M
Bought by
Lopez Luis and Lopez Ubaldo
Seller's Agent
Wayne Vanhook
Crye-Leike REALTORS, Springdale
Buyer's Agent
Wayne Vanhook
Crye-Leike REALTORS, Springdale
List Price
$75,900
Sold Price
$69,000
Premium/Discount to List
-$6,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%

Purchase Details

Closed on
Jan 1, 1985
Bought by
Cowan W Kenneth
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
Lopez Jose -- Realty Title
Lopez Luis $69,000 Prime Title
Cowan W Kenneth -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $69,000 -9.1% $49 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $75,900 -- $54 / 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
2025 $1,798 $34,780 $14,000 $20,780
2024 $1,798 $34,780 $14,000 $20,780
2023 $863 $34,780 $14,000 $20,780
2022 $784 $21,660 $8,500 $13,160
2021 $724 $21,660 $8,500 $13,160
2020 $664 $21,660 $8,500 $13,160
2019 $603 $11,450 $4,400 $7,050
2018 $603 $11,450 $4,400 $7,050
2017 $598 $11,450 $4,400 $7,050
2016 $598 $11,450 $4,400 $7,050
2015 $598 $11,450 $4,400 $7,050
2014 $912 $17,480 $5,500 $11,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 691714

Northwest Arkansas Board of REALTORS®

APN: 815-22427-000