NOT LISTED FOR SALE

526 N Main St Jonesboro, AR 72401

Estimated Value: $61,184 - $166,000

2 Beds
1 Bath
796 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $150,000 $188 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $565/month

Highlights

  • Landscaped with Trees
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of January 2024

Investment Opportunity: Two Houses Package Welcome to an exceptional investment opportunity featuring two income-generating houses. Both properties are currently occupied, providing a combined gross rent of $1,700 per month with and with a little more TLC, rent could be $2300. These houses are ready to bolster your real estate portfolio with their steady income and desirable features. Property Details: House 1 - 526 N Main Street, Jonesboro, AR (Zoned R3): Address: 526 N Main Street, Jonesboro, AR Zoning: R3 - Offers versatile occupancy options Current Rent: $750 per month Bedrooms: 3 Bathrooms: 1 Features: Spacious 3-bedroom layout 1 bathroom Convenient highway frontage location House 2 -1416 W Monroe, Jonesboro, AR (Zoned R2) Zoning: R2 Current Rent: $950 per month Bedrooms: 3 Bathrooms: 1 Key Highlights: Steady Income: Both houses are occupied, ensuring a consistent and reliable monthly rent of $1,700. This steady cash flow will provide you with a return on your investment. Highway Frontage: House 1, located at 526 N Main Street, boasts highway frontage, offering excellent visibility and potential for various commercial uses (subject to zoning regulations). Desirable Locations: These houses are situated in attractive neighborhoods, ensuring ongoing demand for rental units. Low Maintenance: Both properties have been well-maintained, reducing the need for immediate renovations or repairs. Strong Tenant History: The current tenants have a reliable rental history and have demonstrated their commitment to maintaining the properties. Potential for Future Growth: Given the zoning and location, there is potential for future value appreciation and expansion, especially with highway frontage. Don't miss out on this remarkable investment opportunity to acquire two income-producing properties. Whether you're an experienced investor or new to real estate, this package offers stability, versatility, and potential for growth. Seize this opportunity today! Contact your agent to schedule a viewing and explore the possibilities these properties offer. Contact Information for Inquiries and Viewings: Note: Prior to making any investment decisions, it's essential to conduct due diligence and seek guidance from a qualified real estate professional.

Last Agent to Sell the Property

Zach Dunivan

Coldwell Banker/Village Comm License #00088021 Listed on: 10/23/2023

Coldwell Banker/Village Comm

Last Buyer's Agent

Zach Dunivan

Coldwell Banker/Village Comm License #00088021 Listed on: 10/23/2023

Coldwell Banker/Village Comm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $254

Lot Details

  • 4,269 Sq Ft Lot
  • Property fronts a highway
  • Level Lot
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 796 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Zone Lot

Schools

  • Jonesboro Magnet Elementary School
  • Annie Camp Middle School
  • Jonesboro High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 01-144182-27000

Home Details

Home Type

Single Family

Est. Annual Taxes

$254

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family
  • Style: 1 Story
  • Builder Owned: No
  • Legal Description: RE-PLAT OF W 1/2 LOT 19-26 NOR
  • Level: One
  • Special Features: None
  • Stories: 0

Interior Features

  • Floors: Laminate
  • Bedrooms: 2
  • Master Bedroom: Yes
  • Master Bedroom Level: Main
  • Bedroom 2: Yes
  • Bedroom 2 Level: Main
  • Bedroom 3: No
  • Bedroom 3 Level: None
  • Bedroom 4: No
  • Bedroom 4 Level: None
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Price Per Square Foot: 188.44
  • Square Footage: 796.0
  • Above Grade Finished Sq Ft: 796

Exterior Features

  • Exterior: Wood
  • Flood Zone: Yes
  • Roof: 3-Tab Shingles
  • Foundation: Crawl Space

Garage/Parking

  • Garage Type: None

Utilities

  • Cooling Features: Central, Wall/Window Unit
  • Heat Features: Central
  • Sewer Septic: City Sewer
  • Water Supply: City

Condo/Co-op/Association

  • Association: nearkansas

Schools

  • Elementary School: Jonesboro Magnet
  • Middle School: Annie Camp
  • High School: Jonesboro High School

Lot Info

  • Acres: 0.0980
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 4269.00
  • Price Per Acre: 1530612.24
  • Lot Description: Highway Frontage, Level, Shade Trees

Tax Info

  • Year: 2023
  • Taxes: 254.00
  • Assessor Parcel Number: 01-144182-27000

MLS Schools

  • Elementary School: Jonesboro Magnet
  • HighSchool: Jonesboro High School
  • Jr High School: Annie Camp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Huey Jonathan
Bought by
Jth Real Estate Llc
Current Estimated Value
$100,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2022
Sold by
Hubble Bobby and Hubble Faye
Bought by
Huey Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 1995
Bought by
Hubble
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jth Real Estate Llc -- --
Huey Jonathan $40,000 Lenders Title Company
Hubble -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Davis $108,000
Closed Huey Jonathan $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2024 01/25/24 Sold $150,000 0.0% $188 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $150,000 -- $188 / Sq Ft
Source: Northeast 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
2024 $254 $6,025 $1,200 $4,825
2023 $254 $6,025 $1,200 $4,825
2022 $210 $5,225 $400 $4,825
2021 $195 $4,630 $400 $4,230
2020 $184 $4,630 $400 $4,230
2019 $170 $4,630 $400 $4,230
2018 $157 $4,630 $400 $4,230
2017 $144 $4,630 $400 $4,230
2016 $131 $3,110 $400 $2,710
2015 $131 $3,110 $400 $2,710
2014 $131 $3,110 $400 $2,710
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northeast Arkansas Board of REALTORS®

MLS Number: 10110832

Northeast Arkansas Board of REALTORS®

APN: 01-144182-27000