NOT LISTED FOR SALE

417 E Velma Ave Springdale, AR 72764

Estimated Value: $166,000 - $204,000

2 Beds
1 Bath
1,199 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $167,500 $140 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,130/month

9 Days on Market

Highlights

  • Property is near a park
  • Park
  • Level Lot
  • Bonus Room
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2022

Cute and Cozy home near Downtown Springdale! Perfect for small families, downsizing, or as an investment! Only 1/2mi from Emma Ave. The 1199sqft home features 2 bedrooms, a bonus room, and one bathroom! New roof was put on 6/14/2022, HVAC was replaced in 2020 and windows were replaced in 2018. Bathroom was renovated over the last few years- new sink, tub, backsplash, and cabinets. Property sits on 2 lots around .3acres total. Near Jones Center, Downtown Emma Ave, Springdale Airport, Tysons Poultry on Berry St, and Luther George Park. Come look at this cute affordable home before it's gone! Offers to be reviewed when they're received.

Last Agent to Sell the Property

Taylor Stephens

Better Homes and Gardens Real Estate Journey License # SA00089981 Listed on: 06/17/2022

Better Homes and Gardens Real Estate Journey

Last Buyer's Agent

David Beatty

Blue Canopy Realty License #SA00089240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $563

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,199 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 21/22 / 6

Community Details

Overview

  • Hayes First Add Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$563

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Hayes First Add
  • Directions: From 71B Headed North in Springdale, take a right on Robinson Ave (Hwy 412) headed East. Then take a Left onto Turner Street in .6 miles, then right on Velma in .6 miles. Home is on the left in .2miles.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: None
  • Living Area: 1199.0
  • Dining Room Type: Bonus Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Level, Near Park, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Brick/Mortar
  • Other Structures: None
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Park

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 563.0
  • Tax Block: 6
  • Tax Lot: 21/22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 29, 2022
Sold by
Reed Adriel
Bought by
Peterson Jeremy Lucas
Seller's Agent
Taylor Stephens
Better Homes and Gardens Real Estate Journey
Buyer's Agent
David Beatty
Blue Canopy Realty
List Price
$170,000
Sold Price
$167,500
Premium/Discount to List
-$2,500
-1.47%
Current Estimated Value
$190,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,041
Avg. Annual Appreciation
4.06%
Original Mortgage
$160,256
Outstanding Balance
$153,337
Interest Rate
5.78%
Mortgage Type
FHA
Estimated Equity
$37,204

Purchase Details

Closed on
Oct 30, 2018
Sold by
Soria Ryan P
Bought by
Reed Adriel James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,480
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2014
Closed on
Aug 25, 2014
Bought by
Soria Ryan P
Seller's Agent
Greg Spencer
Weichert REALTORS - The Griffin Company Springdale
Buyer's Agent
Greg Spencer
Weichert REALTORS - The Griffin Company Springdale
List Price
$63,500
Sold Price
$52,000
Premium/Discount to List
-$11,500
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Apr 18, 1991
Bought by
Downum Lanny G and Downum Laura L

Purchase Details

Closed on
Jan 1, 1985
Bought by
Ames Louise and Parker Joetta J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peterson Jeremy Lucas $167,500 City Title & Closing
Reed Adriel James $84,000 None Available
Soria Ryan P $52,000 --
Downum Lanny G $36,000 --
Ames Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Jeremy Lucas $160,256
Previous Owner Reed Adriel James $81,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $167,500 +4.7% $140 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/26/2022 06/26/22 Price Changed $160,000 -5.9% $133 / Sq Ft
06/17/2022 06/17/22 For Sale $170,000 +226.9% $142 / Sq Ft
08/25/2014 08/25/14 Sold $52,000 -18.1% $43 / Sq Ft View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $63,500 -- $53 / 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 $1,588 $30,720 $12,600 $18,120
2024 $1,588 $30,720 $12,600 $18,120
2023 $1,619 $30,720 $12,600 $18,120
2022 $278 $16,810 $5,500 $11,310
2021 $250 $16,810 $5,500 $11,310
2020 $222 $16,810 $5,500 $11,310
2019 $193 $10,780 $3,400 $7,380
2018 $218 $10,780 $3,400 $7,380
2017 $563 $10,780 $3,400 $7,380
2016 $563 $10,780 $3,400 $7,380
2015 $563 $10,780 $3,400 $7,380
2014 $681 $13,040 $4,250 $8,790
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Taylor Stephens

    Better Homes and Gardens Real Estate Journey

    (479) 256-8862

    6 in this area

    69 Total Sales

    Taylor Stephens
    Section Image

  • D

    Buyer's Agent in 2022

    David Beatty

    Blue Canopy Realty

    (479) 466-1032

    5 in this area

    59 Total Sales

    David Beatty
    Section Image

  • G

    Seller's Agent in 2014

    Greg Spencer

    Weichert REALTORS - The Griffin Company Springdale

    (479) 750-8920

    8 in this area

    12 Total Sales

    Greg Spencer
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1221840

Northwest Arkansas Board of REALTORS®

APN: 815-22414-000

Arkansas Washington County Springdale 72764

417 E Velma Ave, Springdale, AR

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