NOT LISTED FOR SALE

495 - 497 S Wood Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $323,012 - $431,000

-- Bed
2 Baths
1,836 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 20, 2015

Last sale price $170,000 $93 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,199/month

94 Days on Market

Highlights

  • 0.36 Acre Lot
  • Corner Lot
  • Eat-In Kitchen
  • Washington Elementary School Rated 9+
  • Covered Patio or Porch
  • 5-minute walk to Jefferson Park

About This Home

As of August 2015

This remodeled corner lot duplex, located in revitalized South Fayetteville, is charming and waiting for you. Close to the Square, Farmer's Market & about a mile from the University, it's conveniently located to everything! Agent owned.

Last Agent to Sell the Property

Landra Bench

Collier & Associates License #EB00057354 Listed on: 04/17/2015

Collier & Associates

Last Buyer's Agent

Ellen Mitchell

Collier & Associates License #SA00057370

Collier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1970

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 130 x 110 x 145
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Corner Lot

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 2, 3

Community Details

Overview

  • 2 Units
  • Norwood Ef Add Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Lot Size: 130 x 110 x 145
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Norwood Ef Add
  • Directions: From the corner of 71B and MLK, go east on MLK. Go past School and turn left at the stop sign (Wood Avenue). Property is down on the left hand side on the corner of Wood and Huntsville.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1970
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Electric Water Heater, Disposal, Range, Refrigerator, Range Hood, Washer
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1836.0
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Corner Lot, City Lot, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 940.0
  • Tax Block: --
  • Tax Lot: 2, 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2023
Sold by
Lombardo Nicholas J
Bought by
Werp Llc
Current Estimated Value
$368,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,700
Outstanding Balance
$17,475
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Estimated Equity
$350,778

Purchase Details

Listed on
Apr 17, 2015
Closed on
Aug 20, 2015
Bought by
Lombardo Nicholas J
Seller's Agent
Landra Bench
Collier & Associates
Buyer's Agent
Ellen Mitchell
Collier & Associates
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bench Richard H and Bench Landra P
Bought by
Bench One Llc

Purchase Details

Closed on
Jun 9, 1994
Bought by
Wilcox James C and Wilcox Shannah

Purchase Details

Closed on
Jan 1, 1985
Bought by
Smith Alex and Smith Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Werp Llc $299,900 Realty Title
Lombardo Nicholas J $170,000 --
Bench One Llc -- --
Wilcox James C $87,000 --
Smith Alex -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werp Llc $192,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2015 08/20/15 Sold $170,000 -8.1% $93 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $185,000 -- $101 / 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 $3,050 $53,420 $16,500 $36,920
2024 $3,045 $53,420 $16,500 $36,920
2023 $1,039 $53,420 $16,500 $36,920
2022 $998 $34,960 $11,000 $23,960
2021 $923 $34,960 $11,000 $23,960
2020 $849 $34,960 $11,000 $23,960
2019 $774 $19,830 $4,950 $14,880
2018 $799 $19,830 $4,950 $14,880
2017 $789 $19,830 $4,950 $14,880
2016 $789 $19,830 $4,950 $14,880
2015 $1,050 $19,830 $4,950 $14,880
2014 $937 $13,460 $4,950 $8,510
Source: Public Records

Agents Affiliated with this Home

  • Landra Bench

    Seller's Agent in 2015

    Landra Bench

    Collier & Associates

    (479) 879-4332

    2 in this area

    44 Total Sales

    Landra Bench
    Section Image

  • E

    Buyer's Agent in 2015

    Ellen Mitchell

    Collier & Associates

    (479) 644-4612

    9 in this area

    77 Total Sales

    Ellen Mitchell
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 731497

Northwest Arkansas Board of REALTORS®

APN: 765-08906-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

495 - 497 S Wood Ave, Fayetteville, AR

Not Listed for Sale

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Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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