NOT LISTED FOR SALE

605 E Allen Ave Springdale, AR 72764

Estimated Value: $192,000 - $511,000

-- Bed
1 Bath
4,824 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 14, 2016

Last sale price $290,000 $60 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,114/month

145 Days on Market

Highlights

  • 1.54 Acre Lot
  • Community Playground
  • 1-Story Property
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of May 2016

6 Investment Houses located in the heart of the revitalized Downtown Springdale District, within walking distance to Emma Street and a local Springdale Park. Located across the street from the proposed sculpture park. Excellent rental history and possibility for rental increases and appreciation due to location. Excellent starter investment portfolio with single family homes located all in one parcel. 100% leased. Please do not disturb tenants.

Last Agent to Sell the Property

Daniel Hawes

Landmark Real Estate and Investment LLC License #SA00056439 Listed on: 11/20/2015

Last Buyer's Agent

Non MLS

Non MLS Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1961

Lot Details

  • 1.54 Acre Lot
  • Corner Lot
  • Cleared Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Metal Siding

Interior Spaces

  • 4,824 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Parking

  • Gravel Driveway
  • Parking Lot
  • Assigned Parking

Additional Features

  • City Lot
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 8

Community Details

Overview

  • 6 Units
  • Picnic Add Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $9,300
  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,519

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.54
  • Road Frontage Type: Shared
  • Subdivision Name: Picnic Add
  • Directions: 71b to Emma Street to Park Street to Corner of Park and Allen
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • Year Built: 1961
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: None
  • Living Area: 4824.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot, City Lot
  • Construction Type: Metal Siding
  • Exterior Features: Concrete Driveway, Gravel Driveway
  • Foundation Details: Block
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Assigned, Parking Lot, Asphalt

Utilities

  • Cooling: Other
  • Heating: Other

Condo/Co-op/Association

  • Community Features: Playground

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Gross Income: 37200.0
  • Annual Operating Expense: 9300.0

Tax Info

  • Tax Annual Amount: 2519.0
  • Tax Block: 8
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
May 13, 2016
Sold by
Fourth Story Llc
Bought by
Parkside Llc
Seller's Agent
Daniel Hawes
Landmark Real Estate and Investment LLC
Buyer's Agent
Non MLS
Non MLS Sales
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$331,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,872
Avg. Annual Appreciation
1.36%

Purchase Details

Closed on
Nov 28, 2006
Sold by
Fourth Story Llc
Bought by
Varela Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1979
Bought by
Palmer Russell and Palmer Theadora-Contr
Source: Public Records

Range of Values:

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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
Parkside Llc $290,000 City Title & Closing, Llc
Varela Juan R $105,000 Rtc
Palmer Russell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varela Juan R $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2016 05/14/16 Sold $290,000 -10.8% $60 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $325,000 -- $67 / 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
2024 $4,154 $84,050 $23,690 $60,360
2023 $3,881 $84,050 $23,690 $60,360
2022 $3,528 $80,410 $36,000 $44,410
2021 $3,258 $80,410 $36,000 $44,410
2020 $2,987 $80,410 $36,000 $44,410
2019 $2,706 $51,340 $24,000 $27,340
2018 $2,706 $51,340 $24,000 $27,340
2017 $2,680 $51,340 $24,000 $27,340
2016 $2,680 $51,340 $24,000 $27,340
2015 $2,680 $51,340 $24,000 $27,340
2014 $2,519 $48,260 $22,080 $26,180
Source: Public Records

Agents Affiliated with this Home

  • Daniel Hawes

    Seller's Agent in 2016

    Daniel Hawes

    Landmark Real Estate and Investment LLC

    (479) 721-7592

    3 Total Sales

    Daniel Hawes
    Section Image

  • N

    Buyer's Agent in 2016

    Non MLS

    Non MLS Sales

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1004181

Northwest Arkansas Board of REALTORS®

APN: 815-24904-000

Arkansas Washington County Springdale 72764

605 E Allen Ave, Springdale, AR

This home is located at 605 E Allen Ave, Springdale, AR 72764 since 20 November 2015 and is currently estimated at $331,872, approximately $68 per square foot. This property was built in 1961. 605 E Allen Ave is a home located in Washington County with nearby schools including Jones Elementary School, J. O. Kelly Middle School, and George Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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