NOT LISTED FOR SALE

401 E Twin Springs St Siloam Springs, AR 72761

-- Bed
-- Bath
4,372 Sq Ft
7,405 Sq Ft Lot

Last Sold July 27, 2022

Last sale price $390,000 $89 Per Sq Ft

9 Days on Market

Highlights

  • Antique Architecture
  • Wood Frame Window
  • Carpet
  • Covered Patio or Porch
  • Window Unit Cooling System
  • 3-minute walk to Twin Springs Park

About This Home

As of July 2022

Fantastic opportunity to purchase a historic building in downtown Siloam. "The Bruner Apartments" were built in the 1800's and have operated as several different businesses through the years. Currently a 10 unit cash flowing rental property. 9 studio units and 1 2bed. Lots of options for the property....continue to operate as rentals, rehab to a SF home, possible conversion to business, or a mixed use.

Last Agent to Sell the Property

Taylor Baker

Equity Partners Realty License #SA00080482 Listed on: 06/15/2022

Last Buyer's Agent

Dale Kelsey

Lindsey & Associates Inc License #SA00060012

Lindsey & Associates Inc

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Cleared Lot

Parking

  • On-Street Parking

Home Design

  • Antique Architecture
  • Victorian Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Redwood Siding

Interior Spaces

  • 4,372 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23-24 / 5

Community Details

Overview

  • 10 Units
  • Teague's Addition Subdivision

Building Details

  • Gross Income $66,420

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,373

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: irreg.
  • Road Frontage Type: Public Road
  • Subdivision Name: Teague's Addition
  • Directions: from Main St. in Siloam, turn South on Washington (by old Allens home office). Turn right on Twin Springs. Large building on right - No Sign -
  • Architectural Style: Historic/Antique, Victorian
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: 25 Years or older
  • Year Built: 1900
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances: Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: None
  • Living Area: 4372.0
  • Window Features: Wood Frames
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Construction Type: Redwood Siding
  • Foundation Details: Block, Crawlspace
  • Patio And Porch Features: Covered, Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Other, On Street, See Remarks, Asphalt

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10
  • Number Of Units Total: 10
  • Annual Gross Income: 66420.0

Tax Info

  • Tax Annual Amount: 1373.0
  • Tax Block: 5
  • Tax Lot: 23-24

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Sold $390,000 +11.4% $89 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $350,000 +100.0% $80 / Sq Ft
05/08/2017 05/08/17 Sold $175,000 -22.2% $40 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Pending -- -- --
03/18/2016 03/18/16 For Sale $225,000 -- $51 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1221068

Northwest Arkansas Board of REALTORS®