NOT LISTED FOR SALE

5500 Summit Ct Fort Smith, AR 72903

-- Bed
6 Baths
2,778 Sq Ft
0.54 Acres

Last Sold August 16, 2019

Last sale price $1,195,000 $430 Per Sq Ft

103 Days on Market

Highlights

  • 0.54 Acre Lot
  • Cul-De-Sac
  • Brick or Stone Mason
  • Euper Lane Elementary School Rated A-
  • Attached Garage
  • Central Heating and Cooling System

About This Home

As of August 2019

The Summit Court Townhomes is a 12-unit community located just blocks from multi-million dollar homes on Free Ferry Road and the University of Arkansas Fort Smith. The property is currently operating at 100% occupancy rate and offers an opportunity for an investor to own a high-end assest. Each unit features 3 bedrooms/2 bathrooms, stainless steel appliances, laundry hookups, and 2 car garages.

Last Agent to Sell the Property

Joshua Harmon

Harmon Real Estate Company License #PB00080746 Listed on: 04/04/2019

Last Buyer's Agent

NON MLS Fort Smith

NON MLS License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 2007

Lot Details

  • 0.54 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced

Home Design

  • Duplex
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,778 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Parking

  • Attached Garage
  • 2 Car Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Driveway

Schools

  • Euper Lane Elementary School
  • Chaffin Middle School
  • Southside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 4A-1 / A
  • Assessor Parcel Number 15695-0073-00000-40

Community Details

Overview

  • 12 Units
  • Oakland Heights 73B Subdivision

Building Details

  • Gross Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,276

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential
  • ResoLotFeatures: Cul-De-Sac
  • Road Frontage Type: Other
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: F3630
  • ResoSpecialListingConditions: None
  • Subdivision Name: Oakland Heights 73b
  • Directions: East on Free Ferry from intersection of Waldron Rd. & Free Ferry. Make first right on Elm heading south. Go to end of Elm, make right onto Summit Court.
  • Reso Flooring: Carpet, Laminate
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Roof: Asphalt, Shingle
  • Year Built: 2007
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Duplex,Multi Family
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard
  • Acres: 0.54
  • Construction Type: Brick
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Asphalt, Driveway, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Schools

  • Ninth Grade High School: Southside
  • Middle Or Junior School: Chaffin

Lot Info

  • Lot Dimensions: 205,114,206,114
  • Parcel #: 15695-0073-00000-40

Multi Family

  • Number Of Units In Community: 12
  • Annual Gross Income: 10000.0

Tax Info

  • Tax Annual Amount: 2276.0
  • Tax Block: A
  • Tax Lot: 4A-1

MLS Schools

  • Elementary School: Euper Lane

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $1,195,000 -7.7% $430 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $1,295,000 -- $466 / Sq Ft
Source: Western River Valley Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western River Valley Board of REALTORS®

MLS Number: 1024416

APN: 15695-0073-00000-40