NOT LISTED FOR SALE

400 N Conway St Heber Springs, AR 72543

-- Bed
-- Bath
16,208 Sq Ft
2.11 Acres

Last Sold November 02, 2016

Last sale price $757,000 $47 Per Sq Ft

85 Days on Market

Highlights

  • 2.11 Acre Lot
  • Community Barbecue Grill
  • Satellite Dish
  • Traditional Architecture
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2016

Excellent Investment property with opportunity for rent and income growth. Under priced market rent due to Rural Development (RD) regulations. RD loan is not assumable. Current renters are a mix of Rd subsidized, Section 8 subsidized, and Market Rate.No rental restrictions for the new owner. MARKETED IN TANDEM with MLS# 16020758 - 26 MF units in Clinton, AR. at Discount.All area tabulations are approximate, subject to buyers verification. Note:Square Footage Disclosure is Approximate. Measuring Encouraged.

Last Agent to Sell the Property

Ron Jones

RE/MAX Affiliates Realty Listed on: 07/10/2016

RE/MAX Affiliates Realty

Co-Listed By

Sharla Emory

RE/MAX Affiliates Realty

Last Buyer's Agent

David Lorton

Searcy Hometown Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 1984

Lot Details

  • 2.11 Acre Lot

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 16,208 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • 24 Units
  • Community Barbecue Grill

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,250

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 07/18/2016
  • Price Per Sq Ft: 46.71
  • Road Surface: Paved
  • Street Designation: Street
  • Third Party Exports: Daily Record, Ehomeshowings
  • Type: Apartments
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Zoning: MF
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1984

Interior Features

  • Floors: Partial Carpet, Vinyl
  • Foundation: Slab
  • Stories: Two Story
  • Walls: Sheet Rock
  • Ceiling: Sheet Rock
  • Kitchen Equipment: Electric Range

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition
  • Exterior Features: Guttering, Dumpster

Garage/Parking

  • Garage/Parking: Parking Pads, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal, Tv-Satellite Dish, Telephone-Private
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Frequency: Annual

Lot Info

  • Estimated Lot Size: 2.11
  • Estimated Lot Size: 89995 SQ/FT
  • Lot: In Subdivision
  • Geo Subdivision: AR

Rental Info

  • Lease Type: Restrictions On Pets, Yearly

Multi Family

  • Annual Expenses: 73873
  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 600
  • Maximum Rent Two Bedroom: 650
  • Minimum Rent One Bedroom: 355
  • Minimum Rent Two Bedroom: 405
  • Number Of One Bathroom Unitss: 24
  • Number Of One Bedroom Units: 16
  • Number Of Two Bedroom Units: 8
  • Number Units: 24

Tax Info

  • Annual Taxes: 4250
  • Year: 2016

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $757,000 -52.4% $47 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $1,590,000 -- $98 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ron Jones

    Seller's Agent in 2016

    Ron Jones

    RE/MAX

    (501) 416-3658

    58 Total Sales

    Ron Jones
    Section Image
  • Sharla Emory

    Seller Co-Listing Agent in 2016

    Sharla Emory

    RE/MAX

    (501) 681-7580

    20 Total Sales

    Sharla Emory
    Section Image
  • David Lorton

    Buyer's Agent in 2016

    David Lorton

    Searcy Hometown Realty

    (501) 593-8599

    6 in this area

    230 Total Sales

    David Lorton
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 16021280

Cooperative Arkansas REALTORS® MLS
Arkansas Cleburne County Heber Springs 72543

400 N Conway St, Heber Springs, AR

This home is located at 400 N Conway St, Heber Springs, AR 72543 since 10 July 2016. This property was built in 1984. 400 N Conway St is a home located in Cleburne County with nearby schools including Heber Springs Elementary School, Heber Springs Middle School, and Heber Springs 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.

Cooperative Arkansas REALTORS® MLS 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.

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