NOT LISTED FOR SALE

331 S Hill Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $394,000 - $609,000

4 Beds
2 Baths
1,504 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $310,000 $206 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,516/month

47 Days on Market

Highlights

  • Deck
  • Antique Architecture
  • Attic
  • Fayetteville High School Rated A
  • Cathedral Ceiling
  • Balcony

About This Home

As of December 2021

Don't miss out on this Investment Property! Property zoned RMF-40. Check out this historic home full of character located in the heart of Fayetteville! This 4 bed 2 bath home sits on the south side of the University of Arkansas campus in the Putnam neighborhood. This amazing location is very close to Cafe's, restaurants, grocery stores, Northwest Arkansas bike trail/ Greenway, Dickson St, Fayetteville square, Fayetteville High School, 1.1 mile away from junior high & elementary schools. It has been well taken care of, with a New roof in 2020, new water heater 2021 & new AC unit in 2021. Motivated seller.

Last Agent to Sell the Property

Robert Moody

Weichert REALTORS - The Griffin Company Springdale License #SA00087534 Listed on: 10/14/2021

Weichert REALTORS - The Griffin Company Springdale

Last Buyer's Agent

William Payne

Flat Fee Realty License #PB00069754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,568

Year Built

  • Built in 1929

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Landscaped

Home Design

  • Antique Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • County Court Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,568

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Shared
  • Subdivision Name: County Court
  • Directions: I-49 South to US-62W. Turn E on MLK Blvd. Drive to Hill Ave, then turn left. House on left.
  • Architectural Style: Historic/Antique
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1929
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s)
  • Living Area: 1504.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial
  • Lot Features: Landscaped
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Balcony, Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Schools, Trails/Paths

Schools

  • Junior High Dist: Fayetteville

Green Features

  • Green Building Verification Type: Unknown

Lot Info

  • Additional Parcels Description: 48049
  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1568.0
  • Tax Block: -
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Mulligan Ashley Gayle
Bought by
Refract Faye Ventures Llc
Current Estimated Value
$454,461

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 28, 2021
Sold by
Sorrells Jeffrey D and Sorrells Margaret
Bought by
Mulligan Ashley G
Seller's Agent
Robert Moody
Weichert REALTORS - The Griffin Company Springdale
Buyer's Agent
William Payne
Flat Fee Realty
List Price
$346,800
Sold Price
$310,000
Premium/Discount to List
-$36,800
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$294,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1997
Bought by
Trone Timothy H and Trone Pamela

Purchase Details

Closed on
Aug 31, 1995
Bought by
Green Melissa L and Green Frank D

Purchase Details

Closed on
Jun 29, 1995
Bought by
Litzinger Bill D and Carole J Ttee Family Trust

Purchase Details

Closed on
Jun 29, 1990
Bought by
Peterson Ronald L

Purchase Details

Closed on
May 12, 1988
Bought by
Litzinger Family Rev Trust

Purchase Details

Closed on
Jul 9, 1987
Bought by
Litzinger Bill D

Purchase Details

Closed on
Jan 1, 1985
Bought by
Litzinger Bill D
Source: Public Records

Range of Values:

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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
Refract Faye Ventures Llc -- None Listed On Document
Mulligan Ashley G $310,000 Mercury Title
Trone Timothy H $92,000 --
Green Melissa L $42,000 --
Green Frank D $42,000 --
Litzinger Bill D -- --
Peterson Ronald L -- --
Litzinger Family Rev Trust -- --
Litzinger Bill D -- --
Litzinger Bill D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulligan Ashley G $294,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2021 12/31/21 Sold $310,000 -10.6% $206 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $346,800 0.0% $231 / Sq Ft
01/25/2021 01/25/21 Rented $1,250 0.0% --
12/26/2020 12/26/20 Under Contract -- -- --
12/23/2020 12/23/20 For Rent $1,250 -- --
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 $1,591 $62,450 $33,250 $29,200
2024 $1,596 $62,450 $33,250 $29,200
2023 $2,039 $62,450 $33,250 $29,200
2022 $1,853 $40,170 $19,000 $21,170
2021 $1,711 $40,170 $19,000 $21,170
2020 $1,568 $40,170 $19,000 $21,170
2019 $1,426 $24,600 $10,000 $14,600
2018 $1,426 $24,600 $10,000 $14,600
2017 $1,413 $24,600 $10,000 $14,600
2016 $1,413 $24,600 $10,000 $14,600
2015 $1,347 $24,600 $10,000 $14,600
2014 $1,341 $24,940 $10,000 $14,940
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Moody

    Weichert REALTORS - The Griffin Company Springdale

    (479) 957-8118

    1 in this area

    13 Total Sales

    Robert Moody
    Section Image
  • Jake Harr

    Seller's Agent in 2021

    Jake Harr

    Harris McHaney REALTORS

    (479) 696-0711

    3 Total Sales

    Jake Harr
    Section Image

  • W

    Buyer's Agent in 2021

    William Payne

    Flat Fee Realty

    (479) 236-4044

    12 in this area

    298 Total Sales

    William Payne
    Section Image

  • B

    Buyer's Agent in 2021

    Biasnheyv Grimaldo

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 295-3942

    43 Total Sales

    Biasnheyv Grimaldo
    Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1201040

Northwest Arkansas Board of REALTORS®

APN: 765-13029-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

331 S Hill Ave, Fayetteville, AR

This home is located at 331 S Hill Ave, Fayetteville, AR 72701 since 14 October 2021 and is currently estimated at $501,479, approximately $333 per square foot. This property was built in 1929. 331 S Hill Ave is a home located in Washington County with nearby schools including Leverett Elementary School, Owl Creek School, and Ramay Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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