NOT LISTED FOR SALE

401 W Watson St Unit 503 Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $795,000 - $1,007,815

2 Beds
2.5 Baths
1,724 Sq Ft
436 Sq Ft Lot

Last Sold August 28, 2023

Last sale price $950,000 $551 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,603/month

1 Day on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Balcony
  • Fayetteville High School Rated A
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of August 2023

Luxury living in the Legacy Building in downtown Fayetteville. 2-level penthouse on the 5th & 6th floor. Entries on both floors. This is a rare opportunity to invest right off Dickson Street across from Walton Art Center and walkable to U of A, and Fayetteville Square. Southern views from floor-to-ceiling windows, approximately 600 sq. ft. patio, 2-bedroom 2.5 bath. Smart condo, digital lighting inside and out, Apple Home kit, Netgear Video, Nest Thermostat, door sensors, high-end furnishings convey (Al Gover Design), 1 parking spot in secured garage, on the east side. Legacy offers a private gym, & a party room. Condo has unparalleled security. Great for tailgates, investment property, and corporate condos. Greenway and walking trails are close by.

Last Agent to Sell the Property

Chris May

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00057369 Listed on: 07/17/2023

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

Lindsey Clark

Homes & Spaces Real Estate License #EB00082042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 2007

Lot Details

  • 436

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Reflective Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Utilities

  • Programmable Thermostat
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • South Facing Home
  • Property is near a park

Listing and Financial Details

  • Tax Lot 503

Community Details

Overview

  • Property has a Home Owners Association
  • Legacy Bldg Hpr Subdivision

Amenities

  • Shops

Recreation

  • Park
  • Trails

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,194

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.01
  • Road Frontage Type: Public Road
  • Subdivision Name: Legacy Bldg Hpr
  • Directions: From College Avenue, south on Dickson, north on West Avenue, right on Watson, Legacy Building is on the left. Parking is free until 2 pm M-F. 1 car garage included.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2007
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Other, See Remarks, Water Heater
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Programmable Thermostat, See Remarks, Walk-In Closet(s)
  • Living Area: 1724.0
  • Window Features: Metal, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Near Park, Views
  • Pool Features: None
  • View: Yes
  • Waterfront Features: None
  • Construction Type: Stucco
  • Direction Faces: South
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Balcony, Other, See Remarks
  • Roof: Metal, Other, Reflective, See Remarks

Garage/Parking

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

Utilities

  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park, Shopping, Sidewalks, Trails/Paths
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6194.0
  • Tax Block: NA
  • Tax Lot: 503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 25, 2023
Sold by
Bffc Holdings Llc
Bought by
222 Block Llc
Seller's Agent
Chris May
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
Lindsey Clark
Homes & Spaces Real Estate
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
9
Current Estimated Value
$930,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,395
Avg. Annual Appreciation
-0.45%
Original Mortgage
$760,000
Outstanding Balance
$292,858
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$648,740

Purchase Details

Closed on
Oct 2, 2020
Sold by
Brengard Chris and Brengard Tracy
Bought by
Bffc Holdings Llc

Purchase Details

Closed on
Dec 4, 2014
Bought by
Torbet Marybeth

Purchase Details

Closed on
Jul 23, 2007
Sold by
Lynnkohn Llc
Bought by
Sitton Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,200
Interest Rate
6.54%
Mortgage Type
Commercial
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
222 Block Llc $950,000 City Title
Bffc Holdings Llc -- None Listed On Document
Torbet Marybeth -- --
Sitton Properties Llc $518,000 Waco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 222 Block Llc $760,000
Previous Owner Cornwell Marybeth $365,000
Previous Owner Sitton Properties Llc $417,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $950,000 -13.6% $551 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $1,100,000 +37.5% $638 / Sq Ft
07/03/2019 07/03/19 Sold $800,000 -15.8% $463 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $950,000 -- $550 / Sq Ft
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
2024 $6,387 $112,060 $0 $112,060
2023 $6,494 $112,060 $0 $112,060
2022 $6,194 $106,890 $0 $106,890
2021 $6,194 $106,890 $0 $106,890
2020 $6,194 $106,890 $0 $106,890
2019 $5,919 $108,610 $0 $108,610
2018 $5,944 $108,610 $0 $108,610
2017 $295 $108,610 $0 $108,610
2016 $5,890 $108,610 $0 $108,610
2015 $5,596 $108,610 $0 $108,610
2014 $5,766 $113,784 $0 $113,784
Source: Public Records

Agents Affiliated with this Home

  • Chris May

    Seller's Agent in 2023

    Chris May

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 414-5535

    16 in this area

    120 Total Sales

    Chris May
    Section Image

  • L

    Buyer's Agent in 2023

    Lindsey Clark

    Homes & Spaces Real Estate

    (479) 530-6744

    63 in this area

    170 Total Sales

    Lindsey Clark
    Section Image
  • Ginger Harrell

    Seller's Agent in 2019

    Ginger Harrell

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 426-3539

    1 in this area

    61 Total Sales

    Ginger Harrell
    Section Image
  • Jackson Williams

    Buyer's Agent in 2019

    Jackson Williams

    Navigate Real Estate

    (479) 841-3639

    48 in this area

    172 Total Sales

    Jackson Williams
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1251445

Northwest Arkansas Board of REALTORS®

APN: 765-26766-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

401 W Watson St Unit 503, Fayetteville, AR

This home is located at 401 W Watson St Unit 503, Fayetteville, AR 72701 since 17 July 2023 and is currently estimated at $930,605, approximately $539 per square foot. This property was built in 2007. 401 W Watson St Unit 503 is a home located in Washington County with nearby schools including Washington 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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