NOT LISTED FOR SALE

3603 Newlon Rd Fort Smith, AR 72904

Oak Park Neighborhood
-- Beds
-- Baths
9,726 Sq Ft
0.83 Acre Lot

Sale Details

Date Sold: April 16, 2019

Last sale price $312,000 $32 Per Sq Ft

121 Days on Market

Highlights

  • 0.83 Acre Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Brick or Stone Mason

About This Home

As of April 2019

Newlon Villa consist of 12 two bedroom, one bathroom units. The average rent per unit is $445 with consistently high occupancy rates.

Last Agent to Sell the Property

Kevin Minks

Minks Realty Group, LLC License #PB00075307 Listed on: 11/15/2018

Last Buyer's Agent

Jan Nordin

Weichert, REALTORS® - The Griffin Company License #SA00057221

Weichert, REALTORS® - The Griffin Company
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,845

Year Built

  • Built in 1985

Lot Details

  • 36,155 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 9,726 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Driveway
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 15536-0027-00000-00

Community Details

Overview

  • 12 Units
  • Newlon Electric Park Subdivision

Building Details

  • Gross Income $64,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,845

Year Built

Built in 1985

Lot Details

0.83 Acres

Listing Details

  • Reso Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • ResoLotFeatures: Subdivision
  • Co List Office Mls Id: F3210
  • ResoSpecialListingConditions: None
  • Subdivision Name: Newlon Electric Park
  • Directions: Turn left on North 6th Street, follow Mussett Road unit it merges with Newlon Road.
  • Carport Y N: No
  • Reso Flooring: Carpet, Ceramic Tile
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Roof: Asphalt, Shingle
  • Year Built Details: 25 Years or older
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Quadruplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Appliances: Electric Water Heater
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 0.83
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Concrete, Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Lot Info

  • Lot Dimensions: 120,306,120,306
  • Parcel #: 15536-0027-00000-00

Multi Family

  • Number Of Units In Community: 12
  • Annual Gross Income: 64000.0

Tax Info

  • Tax Annual Amount: 2845.0
  • Tax Block: 0
  • Tax Lot: 27

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 15, 2019
Sold by
Living Investment Llc
Bought by
Seller's Agent
Kevin Minks
Minks Realty Group, LLC
Buyer's Agent
Jan Nordin
Weichert, REALTORS® - The Griffin Company
List Price
$348,000
Sold Price
$312,000
Premium/Discount to List
-$36,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
College Terrace Llc
Bought by
Living Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,700
Interest Rate
5.76%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oak Park, AR

  • Aaron Bettencourt Real Estate Agent - Keller Williams Platinum Realty

    Aaron Bettencourt

    Keller Williams Platinum Realty

    (479) 974-8487

    76 Total Sales

    3 in Oak Park

    $120K - $164K Price Range

    Aaron Bettencourt
     Section Image
  • Patricia Branson Real Estate Agent - Chuck Fawcett Realty, Inc.

    Patricia Branson

    Chuck Fawcett Realty, Inc.

    (479) 551-5219

    78 Total Sales

    2 in Oak Park

    $115K - $195K Price Range

    Patricia Branson
     Section Image
  • Linda Chambers Real Estate Agent - Keller Williams Platinum Realty

    Linda Chambers

    Keller Williams Platinum Realty

    (479) 974-8560

    206 Total Sales

    7 in Oak Park

    $25K - $160K Price Range

    Linda Chambers
     Section Image
  • Jim Stanley Real Estate Agent - Coldwell Banker Premier Realty

    Jim Stanley

    Coldwell Banker Premier Realty

    (479) 324-4294

    236 Total Sales

    1 in Oak Park

    $90,000 Price

    Jim Stanley
     Section Image
  • Andrew Rowe Real Estate Agent - Exit Realty Harper Carlton Group

    Andrew Rowe

    Exit Realty Harper Carlton Group

    (501) 430-3349

    35 Total Sales

    2 in Oak Park

    $90,000 Price Range

    Andrew Rowe
     Section Image
  • Marcia Walbe Real Estate Agent - Fathom Realty

    Marcia Walbe

    Fathom Realty

    (479) 334-0366

    162 Total Sales

    1 in Oak Park

    $130,000 Price

    Marcia Walbe
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Purchase 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 Buyer Sale Price Title Company
$312,000 Guaranty Abstract & Title Co
Living Investment Llc $240,000 None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $265,200
Previous Owner Living Investments Llc $2,032,517
Previous Owner Living Investment Llc $235,700
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
04/16/2019 04/16/19 Sold $312,000 -10.3% $32 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $348,000 -- $36 / Sq Ft
Source: Western River Valley Board of REALTORS®

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
2026 $4,447 $81,142 $14,636 $66,506
2025 $4,447 $81,142 $14,636 $66,506
2024 $3,656 $69,640 $10,980 $58,660
2023 $4,043 $69,640 $10,980 $58,660
2022 $4,043 $69,640 $10,980 $58,660
2021 $4,043 $69,640 $10,980 $58,660
2020 $4,043 $69,640 $10,980 $58,660
2019 $3,146 $54,190 $5,490 $48,700
2018 $3,146 $54,190 $5,490 $48,700
2017 $2,845 $54,190 $5,490 $48,700
2016 $2,581 $54,190 $5,490 $48,700
2015 $2,581 $54,190 $5,490 $48,700
2014 $2,346 $44,690 $5,490 $39,200
Source: Public Records

Agents Affiliated with this Home

  • KM

    Seller's Agent in 2019

    Kevin Minks

    Minks Realty Group, LLC

    (479) 484-5588

    2 Total Sales

    Kevin Minks
    Section Image
  • Jan Nordin Real Estate Agent - Weichert, REALTORS® - The Griffin Company

    Buyer's Agent in 2019

    Jan Nordin

    Weichert, REALTORS® - The Griffin Company

    (479) 478-6788

    6 Total Sales

    Jan Nordin
    Section Image
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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1021993

Arkansas Sebastian County Fort Smith 72904 Oak Park

3603 Newlon Rd, Fort Smith, AR

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