NOT LISTED FOR SALE

502 S Mashburn Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $310,000 - $449,000

3 Beds
2 Baths
1,339 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $168,000 $125 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,046/month

22 Days on Market

Highlights

  • Solar Power System
  • Deck
  • Wood Flooring
  • Washington Elementary School Rated 9+
  • Cathedral Ceiling
  • Built-In Features

About This Home

As of December 2013

This architecturally unique home is modern at it's finest! Stained concrete floors, vaulted ceilings, loads of built ins, distinct lighting and concrete countertops are just a few highlights of this passive solar designed home. Outdoor living is easy with,a huge & private deck. Convenient to downtown, Dickson Street and the Fayetteville Square.

Last Agent to Sell the Property

Suzanne Hobbs

Collier & Associates License #SA00052250 Listed on: 11/04/2013

Collier & Associates

Last Buyer's Agent

Marilyn Shoffit

Rowe Real Estate License #SA00020255

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 2002

Lot Details

  • Back Yard Fenced
  • Sloped Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,339 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Plumbed For Ice Maker
  • Dishwasher
  • Concrete Kitchen Countertops

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Solar Power System
  • Deck

Community Details

  • Fairland Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0
  • Road Frontage Type: Public Road
  • Subdivision Name: Fairland Add
  • Directions: From intersection of 71B and Martin Luther King Blvd., go east on MLK.MLK becomes Huntsville Rd. Turn left on Mashburn Ave. House is on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Green Power: Solar
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Refrigerator, Washer, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Concrete, Wood
  • Interior Amenities: Built-in Features, Concrete Counters, Cathedral Ceiling(s), Walk-In Closet(s)
  • Living Area: 1339.0
  • Window Features: Vinyl

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Subdivision, Sloped
  • Waterfront Features: None
  • Disclosures: Seller Disclosure
  • Construction Type: Metal Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Fayetteville

Tax Info

  • Tax Annual Amount: 832.0
  • Tax Block: 2
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 27, 2013
Sold by
Papazian Aimee J
Bought by
Wisely Angela M and Chamberlin John F
Seller's Agent
Suzanne Hobbs
Collier & Associates
Buyer's Agent
Marilyn Shoffit
Rowe Real Estate
List Price
$168,000
Sold Price
$168,000
Current Estimated Value
$361,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,564
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Jun 22, 2007
Sold by
Cossey Ladawnya L
Bought by
Papazian Aimee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1996
Bought by
Bank Of Fayetteville Community and Development Company

Purchase Details

Closed on
Jan 1, 1985
Bought by
Edens Cathalene Kelly
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
Wisely Angela M $168,000 None Available
Papazian Aimee J $142,000 Waco Title Company
Bank Of Fayetteville Community $25,000 --
Edens Cathalene Kelly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papazian Aimee J $113,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $168,000 0.0% $125 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $168,000 -- $125 / 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 $1,702 $53,670 $6,000 $47,670
2024 $1,568 $53,670 $6,000 $47,670
2023 $1,462 $53,670 $6,000 $47,670
2022 $1,329 $22,930 $4,000 $18,930
2021 $1,329 $22,930 $4,000 $18,930
2020 $1,329 $22,930 $4,000 $18,930
2019 $1,481 $25,560 $5,000 $20,560
2018 $1,481 $25,560 $5,000 $20,560
2017 $1,468 $25,560 $5,000 $20,560
2016 $1,468 $25,560 $5,000 $20,560
2015 $1,359 $25,560 $5,000 $20,560
2014 $1,183 $22,000 $5,000 $17,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Suzanne Hobbs

    Collier & Associates

    (479) 695-1695

    7 in this area

    31 Total Sales

    Suzanne Hobbs
    Section Image

  • M

    Buyer's Agent in 2013

    Marilyn Shoffit

    Rowe Real Estate

    (479) 595-5446

    3 in this area

    17 Total Sales

    Marilyn Shoffit
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 693765

Northwest Arkansas Board of REALTORS®

APN: 765-05240-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

502 S Mashburn Ave, Fayetteville, AR

Not Listed for Sale

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