NOT LISTED FOR SALE

506 S College Ave Unit 1 Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $352,000 - $417,000

2 Beds
2.5 Baths
1,280 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $355,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,272/month

8 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • No HOA
  • Washington Elementary School Rated 9+
  • Quartz Countertops
  • 2-minute walk to Jefferson Park

About This Home

As of July 2022

Dynamite Location and perfect size for those wanting to live close to all the action of Downtown Fayetteville, without having to get in a car or worry about mowing a yard. Just blocks from Crisis Brewery and Feed and Folly, and just a little further to Fayetteville Square. A couple blocks to the South is Walker Park and connection to the Razorback Greenway. 2Br each with en-suite bathrooms. Quartz Countertops and custom cabinets, this home was built 2 years ago and is well insulated and energy efficient. This home is part of a 4-unit HPR Condo development with each owner responsible for their own utilities and maintenance. No HOA fees.

Last Agent to Sell the Property

Zara Niederman

Keller Williams Market Pro Realty License #SA00075691 Listed on: 05/24/2022

Keller Williams Market Pro Realty

Last Buyer's Agent

Sarah Marsh

RE/MAX Associates, LLC License #SA00087337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 2020

Lot Details

  • 2,614 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Landscaped
  • Zero Lot Line

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 3

Community Details

Overview

  • No Home Owners Association
  • South College Horizontal Property Regime Association
  • Combs Addition Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,310

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: ~26x96
  • Road Frontage Type: Public Road
  • Subdivision Name: Combs Addition
  • Directions: From 71B. Eash on Martin Luther King. North on College. On Right
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2020
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave Hood Fan, Microwave, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Programmable Thermostat, Quartz Counters, Walk-In Closet(s)
  • Living Area: 1280.0
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Landscaped, Near Park, Zero Lot Line
  • Waterfront Features: None
  • Construction Type: Concrete
  • Direction Faces: West
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Asphalt, Shingle

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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, Sidewalks, Trails/Paths
  • Association Fee Frequency: Annually
  • Association Name: South College Horizontal Property Regime
  • Association: No
  • ResoAssociationFeeFrequency: Annually

Schools

  • Junior High Dist: Fayetteville

Green Features

  • Green Building Verification Type: HERS Index Score

Lot Info

  • Additional Parcels Description: Part of Tract A of Lot 7 Block 3
  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3310.0
  • Tax Block: 3
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2023
Sold by
Holland William Tutt
Bought by
Sofay House Llc
Current Estimated Value
$384,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sofay House Llc -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $355,000 +10.9% $277 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $320,000 -- $250 / 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 $2,934 $51,390 $0 $51,390
2024 $2,929 $51,390 $0 $51,390
2023 $2,553 $51,390 $0 $51,390
2022 $3,310 $57,110 $0 $57,110
2021 $3,310 $57,110 $0 $57,110
2020 $2,010 $34,690 $0 $34,690
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zara Niederman

    Keller Williams Market Pro Realty

    (479) 387-2123

    21 in this area

    24 Total Sales

    Zara Niederman
    Section Image

  • S

    Buyer's Agent in 2022

    Sarah Marsh

    RE/MAX

    (479) 799-0393

    15 in this area

    52 Total Sales

    Sarah Marsh
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1218291

Northwest Arkansas Board of REALTORS®

APN: 765-31657-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

506 S College Ave Unit 1, Fayetteville, AR

Not Listed for Sale

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