NOT LISTED FOR SALE

535 & 537 S Washington Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $287,908 - $469,000

2 Beds
2 Baths
1,375 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $65,000 $47 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $1,883/month

319 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Patio
  • Washington Elementary School Rated 9+
  • Traditional Architecture
  • 1-minute walk to Jefferson Park

About This Home

As of May 2015

Income producing Duplex located in the heart of downtown Fayetteville. 2Bed/1Bath on both sides.

Last Agent to Sell the Property

John Morgan

Coldwell Banker Harris McHaney & Faucette -Fayette License #AB00074096 Listed on: 05/22/2014

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

John Morgan

Coldwell Banker Harris McHaney & Faucette -Fayette License #AB00074096 Listed on: 05/22/2014

Coldwell Banker Harris McHaney & Faucette -Fayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bedrooms
  • 1,375 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Attached Carport
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near a park
  • City Lot

Utilities

  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 8

Community Details

Overview

  • 2 Units
  • Combs Add Subdivision

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Operating Expense $2,869
  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$689

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: .225
  • Road Frontage Type: Public Road
  • Subdivision Name: Combs Add
  • Directions: From MLK, North on Washington, Third property on left
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • Year Built: 1915
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1915

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 1375.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: City Lot, Level, Near Park
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Crawlspace
  • Patio And Porch Features: Deck, Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport, Carport, One Space

Utilities

  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools, Park, Shopping

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0
  • Annual Operating Expense: 2869.0

Tax Info

  • Tax Annual Amount: 689.0
  • Tax Block: 8
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2014
Closed on
May 7, 2015
Bought by
Moore Mark and Moore Juanita
Seller's Agent
John Morgan
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
John Morgan
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$335,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,727
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Houghland Charles Clyde
Bought by
Samavati Hassan and Samavati Norberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1995
Bought by
Houghland Charles Clyde

Purchase Details

Closed on
Sep 22, 1988
Bought by
Eoff & Co Inc

Purchase Details

Closed on
Jan 1, 1985
Bought by
Torrence Rufus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Mark $65,000 --
Samavati Hassan $73,000 Lenders Title Company
Houghland Charles Clyde $18,000 --
Eoff & Co Inc $8,000 --
Torrence Rufus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samavati Hassan $72,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2015 05/07/15 Sold $65,000 -5.8% $47 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
05/22/2014 05/22/14 For Sale $69,000 -- $50 / 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 $1,319 $49,150 $22,500 $26,650
2024 $1,215 $49,150 $22,500 $26,650
2023 $1,133 $49,150 $22,500 $26,650
2022 $1,030 $33,140 $15,000 $18,140
2021 $952 $33,140 $15,000 $18,140
2020 $874 $33,140 $15,000 $18,140
2019 $777 $13,400 $4,500 $8,900
2018 $777 $13,400 $4,500 $8,900
2017 $770 $13,400 $4,500 $8,900
2016 $770 $13,400 $4,500 $8,900
2015 $734 $13,400 $4,500 $8,900
2014 $690 $12,830 $4,500 $8,330
Source: Public Records

Agents Affiliated with this Home

  • John Morgan

    Seller's Agent in 2015

    John Morgan

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 236-0020

    4 in this area

    48 Total Sales

    John Morgan
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 707432

Northwest Arkansas Board of REALTORS®

APN: 765-04040-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

535 & 537 S Washington Ave, Fayetteville, AR

Not Listed for Sale

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