NOT LISTED FOR SALE

3892 E Thomas St Siloam Springs, AR 72761

-- Bed
-- Bath
1,170 Sq Ft
7 Acres

Last Sold February 10, 2021

Last sale price $6,000,000 $5,128 Per Sq Ft

135 Days on Market

Highlights

  • 1 Car Attached Garage
  • Patio
  • Central Heating and Cooling System
  • Double Pane Windows
  • Shops
  • Partially Fenced Property

About This Home

As of February 2021

27 duplexes all on the same street. All 3 bed, 2 bath, patio, 1 car garage. Low maintenance, privacy fenced yards. Just off Hwy 412 in the NW Arkansas Metro area, a Top 25 growth spot in the nation. 100% occupied. Washer, dryer, fridge included. Just around the corner from major recent commercial growth.

Last Agent to Sell the Property

Barry Graves

Weichert REALTORS - The Griffin Company Springdale License #EB00044463 Listed on: 08/28/2020

Weichert REALTORS - The Griffin Company Springdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,530

Year Built

  • Built in 2016

Lot Details

  • 7 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • 27 Units
  • Eastern Hills Add Subdivision

Amenities

  • Shops

Building Details

  • Operating Expense $170,000
  • Gross Income $570,000
  • Net Operating Income $400,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,530

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 7.0
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Eastern Hills Add
  • Directions: 1/3 mile West of Hwy 59/412 stoplight. Turn South on Timothy St, left on Thomas St.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2016
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Other
  • Living Area: 1170.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial, Privacy, Wood
  • Lot Features: City Lot, Level, Subdivision
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Hospital, Shopping, Sidewalks

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Additional Parcels Description: 03-05745-000
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 27
  • Number Of Units Total: 27
  • Annual Gross Income: 570000.0
  • Property Net Operating Income: 400000.0
  • Annual Operating Expense: 170000.0

Tax Info

  • Tax Annual Amount: 43530.0
  • Tax Block: .
  • Tax Lot: 1

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $6,000,000 -10.0% $5,128 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
08/28/2020 08/28/20 For Sale $6,670,000 -- $5,701 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Barry Graves

    Seller's Agent in 2021

    Barry Graves

    Weichert REALTORS - The Griffin Company Springdale

    (479) 466-5942

    89 Total Sales

    Barry Graves
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1158105

Northwest Arkansas Board of REALTORS®
Arkansas Benton County Siloam Springs 72761

3892 E Thomas St, Siloam Springs, AR

Not Listed for Sale

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