Seller's Agent in 2025
Corey Allen
GREA-Global Realtor Estate Advisors Branch
(479) 231-7833
3 in this area
8 Total Sales
606 Whitham Ave Fayetteville, AR 72701
Downtown Fayetteville Neighborhood
--
Bed
--
Bath
32,700
Sq Ft
0.67
Acres
Highlights
- New Construction
- 0.67 Acre Lot
- 10 Car Attached Garage
- Fayetteville High School Rated A
- No HOA
- Shops
About This Home
As of March 2025Campus Edge Townhomes is a newly constructed townhome 16-unit property situated on six parcels located adjacent to the University of Arkansas. The fully occupied property boasts large three- and four-bedroom floor plans, high-end finishes, and a mix of attached garages, rear surface parking and street parking. Each bedroom has an en suite full bathroom and a half bathroom in the living area. Units also have supplied washers and dryers and stainless steel appliances. Tenants are responsible for all utilities and the property is serviced by curbside city trash. Management already has a waitlist for the 2025/26 school year with $200 rent premiums. Despite these premiums, new ownership could increase rents beyond the 2025/26 rates, proven out by nearby market rate and student housing properties in inferior locations. Bringing rents to market rate creates tremendous cash-on-cash metrics, an IRR in the mid-20s, and an equity multiple over 2x.Property tours are by appointment only. Do not disturb tenants.
Last Agent to Sell the Property
GREA-Global Realtor Estate Advisors Branch License #EB00086128 Listed on: 10/01/2024
Last Buyer's Agent
The Griffin Company Commercial Division-Springdale License #EB44463-D01
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $67,951
Year Built
- Built in 2024 | New Construction
Lot Details
- 0.67 Acre Lot
Home Design
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 32,700 Sq Ft Home
- 3-Story Property
- Luxury Vinyl Plank Tile Flooring
Kitchen
- Electric Oven
- Electric Range
- <<microwave>>
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Parking
- 10 Car Attached Garage
- On-Street Parking
- Parking Lot
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
Overview
- No Home Owners Association
- Whitham Subdivision
Amenities
- Shops
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2022
Sold by
Fay Apartment Partners Llc
Bought by
City Of Fayetteville
Current Estimated Value
Purchase Details
Closed on
Oct 3, 1994
Bought by
Johanson, Shirley J Trustee
Purchase Details
Closed on
Jun 25, 1991
Bought by
Johanson Shirley J
Purchase Details
Closed on
Feb 28, 1979
Bought by
Johanson Richard C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Certificate Of Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Sold | $8,200,000 | -3.5% | $251 / Sq Ft |
| 11/04/2024 11/04/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | For Sale | $8,500,000 | -- | $260 / Sq Ft |
Source: Northwest Arkansas Board of REALTORS®
Tax History Compared to Growth
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 | $7,745 | $150,720 | $47,250 | $103,470 |
| 2023 | $1,721 | $47,250 | $47,250 | $0 |
| 2022 | $1,565 | $27,000 | $27,000 | $0 |
| 2021 | $2,855 | $49,270 | $27,000 | $22,270 |
| 2020 | $2,073 | $49,270 | $27,000 | $22,270 |
| 2019 | $1,873 | $33,030 | $20,000 | $13,030 |
| 2018 | $1,748 | $33,030 | $20,000 | $13,030 |
| 2017 | $1,609 | $33,030 | $20,000 | $13,030 |
| 2016 | $1,486 | $33,030 | $20,000 | $13,030 |
| 2015 | $1,298 | $33,030 | $20,000 | $13,030 |
| 2014 | $1,158 | $21,550 | $9,500 | $12,050 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Allen
-
Barry Graves
Buyer's Agent in 2025
Barry Graves
The Griffin Company Commercial Division-Springdale
(479) 466-5942
2 in this area
90 Total Sales
Map
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1288137
APN: 765-02345-000
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