NOT LISTED FOR SALE
-- Bed
-- Bath
7,160 Sq Ft
1 Acre Lot

Sale Details

Date Sold: November 4, 2022

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

48 Days on Market

Highlights

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

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 #EB00082521 Listed on: 08/03/2022

Last Buyer's Agent

Kezie Odunukwe

Mockingbird Real Estate Group License #EB00082521 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

1 Acres

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

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
Aug 3, 2022
Closed on
Nov 4, 2022
Sold by
Bought by
Seller's Agent
Kezie Odunukwe
Mockingbird Real Estate Group
Buyer's Agent
Kezie Odunukwe
Mockingbird Real Estate Group
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
0.067%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2015
Bought by

Purchase Details

Closed on
Oct 16, 2015
Bought by

Purchase Details

Closed on
Dec 15, 1994
Bought by

Purchase Details

Closed on
Jul 21, 1993
Bought by

Purchase Details

Closed on
Jan 1, 1985
Bought by
Source: Public Records
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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
$1,500,000 City Title & Closing
-- Reed Law Firm Pa
$345,000 --
-- --
-- --
$52,000 --
-- --
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 $1,075,000
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
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: ArkansasOne 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 $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

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Map

Source: ArkansasOne MLS

MLS Number: 1226056

ArkansasOne MLS
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