NOT LISTED FOR SALE

409 Ewalt Ave Springdale, AR 72764

-- Bed
-- Bath
7,160 Sq Ft
1 Acres

Last Sold November 04, 2022

Last sale price $1,500,000 $209 Per Sq Ft

48 Days on Market

Highlights

  • 1 Acre Lot
  • Cooling Available
  • Heating Available
  • Wood Flooring
  • Trails
  • 1-Story Property

About This Home

As of November 2022

20-unit multifamily property for sale in an opportunity zone designated area. Less than 1 mile from Downtown Springdale and one block from the Razorback Greenway Trail. Completely renovated in 2016 with new cabinets, flooring, appliances, and fixtures. New roofs for all 6 buildings.

Last Agent to Sell the Property

Kezie Odunukwe

Mockingbird Real Estate Group License #PB00082521 Listed on: 08/03/2022

Last Buyer's Agent

Kezie Odunukwe

Mockingbird Real Estate Group License #PB00082521 Listed on: 08/03/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 7,160 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Gas Range

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Driveway
  • Parking Lot

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / No

Community Details

Overview

  • 20 Units
  • Hayes Sub In Hayes First Add Subdivision

Recreation

  • Trails

Building Details

  • Gross Income $162,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,498

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Frontage Type: Public Road
  • Subdivision Name: Hayes Sub In Hayes First Add
  • Directions: From Hwy 412, North on Powell, Left on Ewalt.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Apartment,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Counter Top, Electric Water Heater, Gas Range, Refrigerator
  • Basement YN: No
  • Flooring: Ceramic Tile, Wood
  • Living Area: 7160.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Construction Type: Brick, Other, See Remarks
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Trails/Paths

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 20
  • Annual Gross Income: 162000.0

Tax Info

  • Tax Annual Amount: 5498.0
  • Tax Block: No
  • Tax Lot: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
11/04/2022 11/04/22 Sold $1,500,000 -6.3% $209 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $1,600,000 -11.1% $223 / Sq Ft
08/03/2022 08/03/22 For Sale $1,800,000 +44.0% $251 / Sq Ft
01/21/2020 01/21/20 Sold $1,250,000 +4.2% $175 / Sq Ft View Prior Sale
12/22/2019 12/22/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $1,200,000 -- $168 / 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
2025 $8,748 $169,200 $25,000 $144,200
2024 $8,748 $169,200 $25,000 $144,200
2023 $8,917 $169,200 $25,000 $144,200
2022 $5,498 $104,320 $16,000 $88,320
2021 $5,498 $104,320 $16,000 $88,320
2020 $4,643 $104,320 $16,000 $88,320
2019 $4,203 $79,750 $16,000 $63,750
2018 $4,203 $79,750 $16,000 $63,750
2017 $4,168 $79,840 $16,000 $63,840
2016 $4,168 $79,840 $16,000 $63,840
2015 $4,168 $79,840 $16,000 $63,840
2014 $4,196 $80,380 $16,990 $63,390
Source: Public Records

Agents Affiliated with this Home

  • Kezie Odunukwe

    Seller's Agent in 2022

    Kezie Odunukwe

    Mockingbird Real Estate Group

    (479) 505-8867

    3 in this area

    19 Total Sales

    Kezie Odunukwe
    Section Image
  • Joshua Singleterry

    Seller's Agent in 2020

    Joshua Singleterry

    Moses Tucker Partners-Bentonville Branch

    (479) 466-9569

    6 in this area

    24 Total Sales

    Joshua Singleterry
    Section Image

  • M

    Buyer's Agent in 2020

    Mockingbird Team

    Mockingbird Real Estate Group

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1226056

Northwest Arkansas Board of REALTORS®
Arkansas Washington County Springdale 72764

409 Ewalt Ave, Springdale, AR

Not Listed for Sale

MultiFamily

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