NOT LISTED FOR SALE

405 N Scott St Ward, AR 72176

Ward Area
Studio
-- Bath
7,110 Sq Ft
2008 Built

Sale Details

Date Sold: February 12, 2024

Last sale price $500,000 $70 Per Sq Ft

30 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Level Lot
  • Ward Central Elementary School Rated A-
  • Central Air
  • 4-minute walk to Ward Dog Park

About This Home

As of February 2024

Welcome to an exceptional investment opportunity! This 7-unit complex, featuring 2 bedrooms and 2 bathrooms per unit, is now available for sale. Convenience is important, with laundry rooms in each unit and two parking spots allocated per residence. Whether you're an investor seeking a reliable income stream or expanding your real estate portfolio, this property offers both a lucrative and appealing investment.

Last Agent to Sell the Property

Jessica Parker

Century 21 Parker & Scroggins Realty - Benton Listed on: 11/29/2023

Century 21 Parker & Scroggins Realty - Benton

Last Buyer's Agent

Jody Huffmaster

RE/MAX Encore

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 2008

Parking

  • Parking Pad

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 7,110 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Stove
  • Microwave

Lot Details

  • Level Lot
  • Cleared Lot

Utilities

  • Central Air

Community Details

  • 7 Units

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,770

Year Built

Built in 2008

Listing Details

  • Class: Multi-Family
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 11/30/2023
  • Road Surface: Paved
  • Street Designation: Street
  • Type: Apartments
  • Zoning: commercial
  • Source Of Sq Ft: Tax Records
  • Estimated Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Interior Features

  • Floors: Laminate
  • Foundation: Slab
  • Stories: One Story
  • Interior Amenities: Washer Connection, Dryer Connection-Electric
  • Kitchen Equipment: Free-Standing Stove, Microwave, Refrigerator-Stays

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Water-Public
  • Heating And Air Cond: Central Cool-Electric

Lot Info

  • Lot: Level, Cleared

Multi Family

  • Tenant Expenses: All Utilities, Electric, Water, Sewer, Cable
  • Maximum Rent Two Bedroom: 725
  • Minimum Rent Two Bedroom: 600
  • Number Of Two Bedroom Units: 7
  • Number Units: 7

Tax Info

  • Annual Taxes: 4770

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 29, 2023
Closed on
Feb 15, 2024
Sold by
Bought by
Seller's Agent
Jessica Parker
Century 21 Parker & Scroggins Realty - Benton
Buyer's Agent
Jody Huffmaster
RE/MAX Encore
List Price
$500,000
Sold Price
$500,000
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$413,628
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 16, 2020
Sold by
Bought by
Seller's Agent
Gina Myers-Gunderman
Michele Phillips & Company, Realtors-Cabot Branch
Buyer's Agent
Jessica Parker
Century 21 Parker & Scroggins Realty - Benton
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$382,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2004
Bought by

Purchase Details

Closed on
Oct 20, 1998
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ward, AR

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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
$500,000 American Abstract & Title
$450,000 Lenders Title Company
-- --
-- --
$33,000 --
-- --
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
Open $425,000
Previous Owner $382,500
Previous Owner $70,000
Previous Owner $375,200
Previous Owner $310,192
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 Prior Sale
02/12/2024 02/12/24 Sold $500,000 0.0% $70 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $500,000 +11.1% $70 / Sq Ft
10/16/2020 10/16/20 Sold $450,000 0.0% $63 / Sq Ft View Prior Sale
09/10/2020 09/10/20 For Sale $450,000 -- $63 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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
2025 $4,287 $84,230 $12,000 $72,230
2024 $4,287 $84,230 $12,000 $72,230
2023 $4,287 $84,230 $12,000 $72,230
2022 $4,287 $84,230 $12,000 $72,230
2021 $4,287 $84,230 $12,000 $72,230
2020 $3,774 $74,150 $3,000 $71,150
2019 $3,774 $74,150 $3,000 $71,150
2018 $3,774 $74,150 $3,000 $71,150
2017 $3,515 $74,150 $3,000 $71,150
2016 $3,774 $74,150 $3,000 $71,150
2015 $4,315 $91,030 $3,000 $88,030
2014 $4,633 $91,030 $3,000 $88,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23038380

Cooperative Arkansas REALTORS® MLS
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