NOT LISTED FOR SALE

3131 Adrian Ave Springdale, AR 72764

Estimated Value: $303,000 - $335,000

Studio
4 Baths
2,324 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $203,000 $87 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,792/month

96 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Shops
  • Property is near schools
  • Partially Fenced Property

About This Home

As of July 2020

Great investment opportunity on the East side of Springdale. Duplex has 2 bedrooms, 2 bathrooms per side and is consistently rented. Property is close to shopping, schools, dining & entertainment. So as to not disturb the tenants, no showings without accepted offer, once offer is accepted you will be able to view and inspect properties.

Last Agent to Sell the Property

Larry Marion

Bassett Mix And Associates, Inc License #SA00075506 Listed on: 03/26/2020

Last Buyer's Agent

Francisco Diaz

Keller Williams Market Pro Realty - Rogers Branch License #EB00079850

Keller Williams Market Pro Realty - Rogers Branch

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1994

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 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 21

Community Details

Overview

  • 2 Units
  • Oaks Add Ph Xi Subdivision

Additional Features

  • Shops
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,047

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: Oaks Add Ph Xi
  • Directions: Robinson Road (HwY 412 East), left (North) on Dicksmith Road, Right on Adrian
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1994
  • 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, Vinyl
  • Living Area: 2324.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared, Level
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • 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 Schools, Shopping

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13800.0

Tax Info

  • Tax Annual Amount: 1047.0
  • Tax Block: .
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Houston Gillihan and Houston Betty Kay
Bought by
Gay Shannon Elizabeth
Current Estimated Value
$318,232

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jul 31, 2020
Sold by
Hampton Betty Kay and Doy Houston Gillihan
Bought by
Ambriz Jose
Seller's Agent
Larry Marion
Bassett Mix And Associates, Inc
Buyer's Agent
Francisco Diaz
Keller Williams Market Pro Realty - Rogers Branch
List Price
$213,800
Sold Price
$203,000
Premium/Discount to List
-$10,800
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$199,323
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1997
Bought by
Gillihan Doy H and Betty Kay

Purchase Details

Closed on
Dec 17, 1993
Bought by
Gay Shannon

Purchase Details

Closed on
Jan 1, 1993
Bought by
Richland Construction, Inc. and Gillihan Doy H
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
Gay Shannon Elizabeth -- None Listed On Document
Ambriz Jose $203,000 Waco Title
Gillihan Doy H -- --
Gay Shannon -- --
Richland Construction, Inc. -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambriz Jose $199,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $203,000 -5.1% $87 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $213,800 -- $92 / 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 $1,654 $55,060 $14,000 $41,060
2024 $1,629 $55,060 $14,000 $41,060
2023 $1,617 $55,060 $14,000 $41,060
2022 $1,540 $36,330 $7,000 $29,330
2021 $1,540 $36,330 $7,000 $29,330
2020 $777 $36,330 $7,000 $29,330
2019 $1,047 $19,870 $5,500 $14,370
2018 $1,047 $19,870 $5,500 $14,370
2017 $1,037 $19,870 $5,500 $14,370
2016 $1,037 $19,870 $5,500 $14,370
2015 $1,037 $19,870 $5,500 $14,370
2014 $1,007 $19,290 $5,500 $13,790
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
    Section Image

  • F

    Buyer's Agent in 2020

    Francisco Diaz

    Keller Williams Market Pro Realty - Rogers Branch

    (479) 426-9107

    57 in this area

    301 Total Sales

    Francisco Diaz
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1143433

Northwest Arkansas Board of REALTORS®

APN: 815-32122-000

Arkansas Washington County Springdale 72764

3131 Adrian Ave, Springdale, AR

Not Listed for Sale

MultiFamily

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Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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