NOT LISTED FOR SALE

611 Gentry St Mountain Home, AR 72653

Estimated Value: $248,464 - $304,000

6 Beds
3 Baths
2,787 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $195,000 $70 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,589/month

Highlights

  • Deck
  • Double Pane Windows
  • Attached Carport
  • Pinkston Middle School Rated A-
  • 1-Story Property
  • Outdoor Storage

About This Home

As of October 2021

GREAT INVESTMENT OPPORTUNITY in this triplex, located in Mountain Home, AR. Each with 2 bedrooms, 1 bath, attached carport, decks and enclosed storage. All-brick building, city utilities. Good rental income and great location. New windows and doors in 2020. Roofing shingles about 5 years old.

Last Agent to Sell the Property

Doug Pettit

ERA DOTY REAL ESTATE MOUNTAIN HOME Listed on: 09/01/2021

ERA DOTY REAL ESTATE MOUNTAIN HOME

Last Buyer's Agent

Doug Pettit

ERA DOTY REAL ESTATE MOUNTAIN HOME Listed on: 09/01/2021

ERA DOTY REAL ESTATE MOUNTAIN HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,841

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Parking

  • Attached Carport

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 007-14042-000

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,717
  • Gross Income $1,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,841

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: MULTI-FAMILY, Triplex
  • Media Ad: GREAT INVESTMENT OPPORTUNITY in this triplex, located in Mountain Home, AR. Building is all-brick with all city utilities, each unit is a 2BR 1BA with an attached carport, enclosed storage and rear deck. Gross rent is currently $1675. a month.
  • Stories: 1 Story
  • Miles to City: City Limits
  • Year Built: Unknown
  • Year Built Range: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Elec Range/Oven, Range Hood, Refrigerator, Wash/Dry Hookups
  • Interior Amenities: Carpet, Vinyl Floor, Laminate Floor, Ceiling Fan(s), Smoke Detector
  • Windows: Double Pane, Vinyl
  • Windows Treatments: None
  • Basement Foundation: Crawl Space

Exterior Features

  • Exterior: Brick
  • Street Surfaces: Paved
  • Exterior Amenities: Storage Shed, Gutters, Outbuildings
  • Porch Patio Deck: Deck Open

Garage/Parking

  • Garage Type: Attached Carport

Utilities

  • Water Heater: Natural Gas
  • Utility Companies: Entergy
  • Cooling: Central, Electric
  • Heating: Central, Natural Gas
  • Sewer Septic: City
  • Water Supply: City
  • Gas: Natural Gas
  • TV: Cable Available, Cable

Condo/Co-op/Association

  • Management Expenses: 10%

Lot Info

  • Number Of Acres: 0.28
  • Assessor Parcel Number: 007-14042-000
  • Lot Description: Level
  • Zoning Restrictions: R-1

Rental Info

  • Owners Living Quarters Sq Ft: 801-1000

Multi Family

  • Gross Income: 1635.00 mo
  • Insurance Expense: 1716.98 yr
  • Number Of Units: 3

Tax Info

  • Taxes: 1840.78
  • Tax Year: 2021

MLS Schools

  • School: Mountain Home

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 8, 2021
Sold by
Joseph Sabella James and Joseph Lori
Bought by
Tenure Investments Llc
Seller's Agent
Doug Pettit
ERA DOTY REAL ESTATE MOUNTAIN HOME
Buyer's Agent
Doug Pettit
ERA DOTY REAL ESTATE MOUNTAIN HOME
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$275,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,366
Avg. Annual Appreciation
8.87%
Original Mortgage
$155,000
Outstanding Balance
$70,924
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$204,442
Source: Public Records

Range of Values:

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Average Value
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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
Tenure Investments Llc $195,000 Sanders Morgan & Clarke Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenure Investments Llc $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $195,000 -13.3% $70 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $225,000 -- $81 / Sq Ft
Source: Mountain Home MLS (North Central 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 $1,690 $39,620 $2,440 $37,180
2023 $1,690 $39,620 $2,440 $37,180
2022 $1,690 $39,620 $2,440 $37,180
2021 $1,841 $43,150 $18,290 $24,860
2020 $1,451 $43,150 $18,290 $24,860
2019 $1,469 $43,150 $18,290 $24,860
2018 $1,276 $43,150 $18,290 $24,860
2017 $1,188 $43,150 $18,290 $24,860
2016 $1,063 $26,150 $590 $25,560
2015 $986 $26,150 $590 $25,560
2014 $1,063 $26,150 $590 $25,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mountain Home MLS (North Central Board of REALTORS®)

MLS Number: 122608

Mountain Home MLS (North Central Board of REALTORS®)

APN: 007-14042-000