NOT LISTED FOR SALE

5000 Allison Ln Fort Smith, AR 72901

South Fort Smith Neighborhood
-- Bed
1 Bath
2,046 Sq Ft
6,098 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $1,550,000 $758 Per Sq Ft

245 Days on Market

Highlights

  • Engineered Wood Flooring
  • Porch
  • Central Heating and Cooling System
  • Southside High School Rated A
  • Brick or Stone Mason
  • 1-Story Property

About This Home

As of February 2021

This property consist of 22 units (11 duplexes) located within the path of progress with several new development multifamily communities on Tulsa Street. It is also less than 2 miles away from: Walmart, Target, Starbucks, Carnall Elementary, Ramsey Junior High School, and much more. The 22 3 bedroom/2 bathroom units have tiled kitchen and bathroom areas, carpeted bedrooms, paneled interior doors, total electric, central HVAC, and private driveways.

Last Agent to Sell the Property

Joshua Harmon

Harmon Real Estate Company License #PB00080746 Listed on: 05/26/2020

Last Buyer's Agent

Joshua Harmon

Harmon Real Estate Company License #PB00080746 Listed on: 05/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 72x86x74x86

Home Design

  • Duplex
  • Brick or Stone Mason
  • Brick Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,046 Sq Ft Home
  • 1-Story Property

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 17383-0002-00000-01

Community Details

Overview

  • 22 Units
  • Southtown Subdivision

Building Details

  • Operating Expense $52,560
  • Gross Income $172,550
  • Net Operating Income $119,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,108

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential
  • ResoLotFeatures: Subdivision
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3678
  • ResoSpecialListingConditions: None
  • Subdivision Name: Southtown
  • Directions: Phoenix Avenue toSouth 28th to Tulsa to allision Lane.
  • Carport Y N: No
  • Reso Flooring: Carpet, Ceramic Tile, Laminate, Simulated Wood
  • Garage Yn: No
  • Unit Levels: One
  • Reso Roof: Asphalt, Shingle
  • Year Built: 2003
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Acres: 0.14
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Lot Dimensions: 72x86x74x86
  • Parcel #: 17383-0002-00000-01

Multi Family

  • Number Of Units In Community: 22
  • Annual Gross Income: 172550.0
  • Annual Operating Expense: 52560.0

Tax Info

  • Tax Annual Amount: 1108.0
  • Tax Block: .
  • Tax Lot: 1
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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
02/26/2021 02/26/21 Sold $1,550,000 -10.8% $758 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
05/26/2020 05/26/20 For Sale $1,738,000 +17.8% $849 / Sq Ft
08/31/2018 08/31/18 Sold $1,475,000 -7.5% $66 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $1,595,000 -- $71 / Sq Ft
Source: Western River Valley Board of REALTORS®

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 $1,516 $37,141 $2,000 $35,141
2024 $1,246 $23,740 $1,200 $22,540
2023 $1,378 $23,740 $1,200 $22,540
2022 $1,378 $23,740 $1,200 $22,540
2021 $1,330 $23,740 $1,200 $22,540
2020 $1,219 $23,740 $1,200 $22,540
2019 $1,108 $19,090 $1,200 $17,890
2018 $1,108 $19,090 $1,200 $17,890
2017 $1,002 $19,090 $1,200 $17,890
2016 $1,002 $19,090 $1,200 $17,890
2015 $1,002 $19,090 $1,200 $17,890
2014 $1,003 $19,110 $2,200 $16,910
Source: Public Records

Agents Affiliated with this Home

  • Joshua Harmon

    Seller's Agent in 2021

    Joshua Harmon

    Harmon Real Estate Company

    (832) 795-2729

    2 in this area

    33 Total Sales

    Joshua Harmon
    Section Image

  • N

    Seller's Agent in 2018

    Ninh Nguyen

    KN Realty Group

    (479) 719-8671

    42 Total Sales

    Ninh Nguyen
    Section Image

  • R

    Buyer's Agent in 2018

    Rosalba DeMondesert

    Warnock Real Estate LLC

    (479) 629-3570

    43 Total Sales

    Rosalba DeMondesert
    Section Image
See All Agents

Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1033263

APN: 17383-0002-00000-01

Arkansas Sebastian County Fort Smith 72901 South Fort Smith

5000 Allison Ln, Fort Smith, AR

Not Listed for Sale

MultiFamily

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