NOT LISTED FOR SALE

501 N 40th St Fort Smith, AR 72903

Estimated Value: $147,000 - $191,000

3 Beds
2 Baths
1,568 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $119,000 $76 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $964/month

88 Days on Market

Highlights

  • Living Room with Fireplace
  • Corner Lot
  • Double Pane Windows
  • Wood Flooring
  • Covered Patio or Porch
  • Property is near schools

About This Home

As of January 2021

$5k allowance w/acceptable offer! Can you believe it? Two properties for under $80/sqft! Larger home is rented, smaller home is recently vacant. Great investment property. Live in big house, let smaller home help with mortgage. The homes are on separate meters, fenced and on a corner lot behind Pike Elementary. OG&E Weatherized. New roof and electrical wiring in 2016 on larger home. Larger home has a bonus room that could be 4th bedroom. Small home is 2bed/1bath, 724sf and is not included in total sf.

Last Agent to Sell the Property

Smart Agents

Inactive Agents Ft. Smith License #EB00081483 Listed on: 10/02/2020

Last Buyer's Agent

Raudel Benavides

Keller Williams Platinum Realty License #SA00050567

Keller Williams Platinum Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 110x132
  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near schools
  • City Lot

Schools

  • Albert Pike Elementary School
  • Darby Middle School
  • Northside High School

Utilities

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

Community Details

  • Albert Pike Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 & 10 / 2
  • Assessor Parcel Number 10018-0009-00002-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoLaundryFeatures: Washer Hookup, Dryer Hookup
  • ResoLotFeatures: Corner Lot, City Lot
  • ResoPoolFeatures: None
  • Road Surface Type: Paved
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: F3543
  • ResoSpecialListingConditions: None
  • Subdivision Name: Albert Pike
  • Directions: From Rogers Ave. take Albert Pike heading North. Turn left on Park Ave., right onto North 40th. Home will be on the left.
  • Architectural Style: Ranch
  • Carport Y N: No
  • Reso Flooring: Carpet, Vinyl, Wood
  • Garage Yn: No
  • Reso Interior Features: Pantry
  • Unit Levels: One
  • New Construction: No
  • Reso Roof: Asphalt, Fiberglass, Shingle
  • Reso Structure Type: House
  • ResoWindowFeatures: Double Pane Windows, Single Pane
  • Year Built Details: 25 Years or older
  • Year Built: 1955
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Chain Link
  • Acres: 0.33
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway, Unpaved Driveway
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Covered Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools

Schools

  • Junior High Dist: Fort Smith
  • Ninth Grade High School: Northside
  • Middle Or Junior School: Darby

Lot Info

  • Lot Dimensions: 110X132
  • ResoLotSizeUnits: Acres
  • Parcel #: 10018-0009-00002-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Block: 2
  • Tax Lot: 9 & 10

MLS Schools

  • Elementary School: Albert Pike

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Hernandez Rosaura Evelyn and Hernandez Evelyn
Bought by
Hernandez Evelyn and Hernandez Elizabeth
Current Estimated Value
$160,964

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 29, 2021
Sold by
Maxwell Molly R
Bought by
Hernandez Rosaura E
Seller's Agent
Smart Agents
Inactive Agents Ft. Smith
Buyer's Agent
Raudel Benavides
Keller Williams Platinum Realty
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$113,050
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2016
Sold by
Fleet Mary Anne Van
Bought by
Maxwell Molly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2008
Sold by
Vanfleet Rodger
Bought by
Berry Geneva F

Purchase Details

Closed on
Jul 10, 2007
Sold by
Berry Geneva F
Bought by
Berry Geneva F and Van Fleet Rodger
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
Hernandez Evelyn -- None Listed On Document
Hernandez Rosaura E $119,000 Advantage Title & Escrow
Maxwell Molly R $82,000 Guaranty Abstract & Title Co
Berry Geneva F -- None Available
Berry Geneva F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Rosaura E $113,050
Previous Owner Maxwell Molly R $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $119,000 -8.4% $76 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $129,900 -- $83 / Sq Ft
Source: Western River Valley 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
2024 $1,129 $21,510 $4,500 $17,010
2023 $1,249 $21,510 $4,500 $17,010
2022 $1,249 $21,510 $4,500 $17,010
2021 $1,249 $21,510 $4,500 $17,010
2020 $1,249 $21,510 $4,500 $17,010
2019 $1,291 $22,240 $4,500 $17,740
2018 $1,291 $22,240 $4,500 $17,740
2017 $1,168 $22,240 $4,500 $17,740
2016 $846 $22,240 $4,500 $17,740
2015 $846 $22,240 $4,500 $17,740
2014 $485 $15,520 $3,600 $11,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1039823

APN: 10018-0009-00002-00