NOT LISTED FOR SALE
16 Beds
8 Baths
6,572 Sq Ft
1.53 Acres

Last Sold February 09, 2018

Last sale price $627,000 $95 Per Sq Ft

197 Days on Market

Highlights

  • 1.53 Acre Lot
  • Ranch Style House
  • Landscaped
  • Root Elementary School Rated A
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2018

*Investment Property New To Market*  8 units (4 duplexes) minutes away from U of A in Fayetteville, AR* Situated on 1.53 acres which includes extra land for developing additional rental units* Zoned RMF-24 which means up to 24 units total are allowed per acre on this property* Current rental income is $60,540/year* Most tenants are long term along with U of A student rental* Property owner has moved from area.

Last Agent to Sell the Property

Sofi Aclin

Aclin Realty Listed on: 06/13/2017

Last Buyer's Agent

Sofi Aclin

Aclin Realty Listed on: 06/13/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1976

Lot Details

  • 1.53 Acre Lot
  • Landscaped
  • Sloped Lot

Home Design

  • 6,572 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • 8 Units
  • Property managed by Shirley Mills

Listing and Financial Details

  • Assessor Parcel Number 765-05571-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,228

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Ranch
  • Inside City Limits: Yes
  • LVT Date: 06/13/2017
  • Price Per Sq Ft: 95.4
  • Road Surface: Gravel
  • Type: Duplex
  • Zoning: RMF-24
  • Source Of Sq Ft: Courthouse
  • Property Manager: Shirley Mills
  • Estimated Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Floors: Ceramic, Partial Carpet, Tile, Vinyl, Laminate
  • Foundation: Slab
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove, Electric Range, Dishwasher

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Municipal
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Property Manager Phone: 479-841-1566

Lot Info

  • Estimated Lot Size: 1.53
  • Estimated Lot Size: 1.53
  • Lot: Sloped, Extra Landscaping
  • Parcel Number: 765-05571-000

Multi Family

  • Annual Expenses: 6054
  • Tenant Expenses: All Utilities
  • Maximum Rent Two Bedroom: 775
  • Minimum Rent Two Bedroom: 595
  • Number Of Two Bathroom Units: 8
  • Number Of Two Bedroom Units: 8
  • Number Units: 8

Tax Info

  • Annual Taxes: 4228
  • Year: 2016

Range of Values:

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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 Change Sq Ft Price
02/09/2018 02/09/18 Sold $627,000 -3.5% $95 / Sq Ft
12/27/2017 12/27/17 Pending -- -- --
12/17/2017 12/17/17 Price Changed $650,000 -13.3% $99 / Sq Ft
06/13/2017 06/13/17 For Sale $750,000 -- $114 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 17017724

Cooperative Arkansas REALTORS® MLS

APN: 765-05571-000