NOT LISTED FOR SALE

702 E University St Siloam Springs, AR 72761

Estimated Value: $165,000 - $191,489

2 Beds
1 Bath
1,194 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $120,000 $101 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,014/month

1 Day on Market

Highlights

  • Deck
  • Property is near a park
  • 1 Fireplace
  • Wood Burning Stove
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2022

Great starter home or investment/rental property with a large back yard in the heart of historic Downtown Siloam Springs. Located just one block from Dogwood Springs Biking Trail and Sager Creek, this large corner lot is zoned R-3 District, which allows for an additional dwelling to be established. The living room and dining area come equipped with new hickory wood flooring and built in shelving. The bathroom features a new pedestal sink and new paint. The exterior of the home has endless possibilities for terrace gardening and features fresh landscaping, new fencing, and a shed with a new roof. New double hung vinyl windows. New post and beams in the crawl space as well. Less than 10 min walk and 2 min drive to Historic Downtown Siloam Restaurants and Shopping! Property to be sold AS IS.

Last Agent to Sell the Property

Kevin Shields

Sudar Group License #SA00084623 Listed on: 03/07/2022

Sudar Group

Last Buyer's Agent

The Limbird Team

Limbird Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $646

Year Built

  • Built in 1977

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x152
  • Fenced Front Yard
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Vinyl Clad Windows
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Attached Carport

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Property is near a park

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 15

Community Details

Overview

  • Beauchamps Add Siloam Spgs Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$646

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 76x152
  • Road Frontage Type: Public Road
  • Subdivision Name: Beauchamps Add Siloam Spgs
  • Directions: North on Washington from Main St., turn right on E. University
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), None, Walk-In Closet(s), Wood Burning Stove
  • Living Area: 1194.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Front Yard
  • Lot Features: Corner Lot, Near Park
  • Waterfront Features: None
  • Construction Type: Frame
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Trails/Paths

Schools

  • Junior High Dist: Siloam Springs

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 646.0
  • Tax Block: 15
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Oct 4, 2017
Sold by
Ellingson David R and Ellingson Jill
Bought by
Smooth Touch Properties Llc
Seller's Agent
Todd Varnadoe
Wright St. Real Estate
Buyer's Agent
Nathan Koenigseder
RE/MAX Real Estate Results
List Price
$65,000
Sold Price
$48,000
Premium/Discount to List
-$17,000
-26.15%
Current Estimated Value
$176,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,622
Avg. Annual Appreciation
17.66%
Original Mortgage
$40,800
Outstanding Balance
$21,974
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$154,648

Purchase Details

Listed on
Aug 12, 2015
Closed on
Apr 15, 2016
Sold by
Bank Of America Na
Bought by
Ellingson David R and Ellingson Jill
Seller's Agent
Ryan Russell
Equity Partners Realty
Buyer's Agent
Kristen Ellison
Crye-Leike REALTORS, Springdale
List Price
$44,900
Sold Price
$23,100
Premium/Discount to List
-$21,800
-48.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.60%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Rivera Jose and Derivera Maria Carolina Linan
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 21, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Rivera Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Hunter Joseph E and Hunter Rebecca L
Bought by
Duggar Sabrina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,570
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 1998
Bought by
Hunter

Purchase Details

Closed on
Apr 18, 1996
Bought by
Allen

Purchase Details

Closed on
Oct 2, 1989
Bought by
Glass
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
Smooth Touch Properties Llc $48,000 Waco Title
Ellingson David R $23,100 Service Link Llc
Bank Of America Na $34,897 Attorney
Rivera Jose $50,000 Associates Closing & Title
Duggar Sabrina M $66,000 Stewart Title Arkansas Inc
Hunter $42,000 --
Allen -- --
Glass $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smooth Touch Properties Llc $40,800
Previous Owner Rivera Jose $49,875
Previous Owner Duggar Sabrina M $52,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $120,000 +4.3% $101 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $115,000 +139.6% $96 / Sq Ft
10/04/2017 10/04/17 Sold $48,000 -26.2% $40 / Sq Ft View Prior Sale
09/04/2017 09/04/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $65,000 +181.4% $54 / Sq Ft
04/21/2016 04/21/16 Sold $23,100 -48.6% $19 / Sq Ft View Prior Sale
03/22/2016 03/22/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $44,900 -- $38 / 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 $929 $26,236 $7,400 $18,836
2024 $953 $26,236 $7,400 $18,836
2023 $953 $16,550 $5,600 $10,950
2022 $774 $16,550 $5,600 $10,950
2021 $708 $16,550 $5,600 $10,950
2020 $646 $11,210 $5,600 $5,610
2019 $646 $11,210 $5,600 $5,610
2018 $646 $11,210 $5,600 $5,610
2017 $646 $11,210 $5,600 $5,610
2016 $646 $11,210 $5,600 $5,610
2015 $507 $8,800 $1,600 $7,200
2014 $157 $8,800 $1,600 $7,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1211420

Northwest Arkansas Board of REALTORS®

APN: 03-01045-000