NOT LISTED FOR SALE

702 S College Ave Fayetteville, AR 72701

Downtown Fayetteville Neighborhood

Estimated Value: $230,000 - $320,000

-- Bed
-- Bath
1,710 Sq Ft
$154/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $154,420 $90 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,568/month

110 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Gas
  • Washington Elementary School Rated 9+
  • Privacy Fence
  • 3-minute walk to Jefferson Park

About This Home

As of March 2018

South Fayetteville income producing property. Two houses on one parcel, 702 S College and 149 E 7th St. Zoning is Downtown General. Amazing location, amazing potential. Houses currently rented for $800 and $725, and could bring more.

Last Agent to Sell the Property

Michael Ward

Roots Real Estate Group License #PB00074113 Listed on: 10/12/2017

Last Buyer's Agent

Sylvia Schlegel

Flyer Homes Real Estate License #SA00076749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence
  • Wood Fence

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 1

Community Details

Overview

  • 2 Units
  • Glenwood Park Subdivision

Building Details

  • Gross Income $18,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Subdivision Name: Glenwood Park
  • Directions: From MLK Blvd, south on S College Ave, second house south of 7th st.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1955
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: None
  • Living Area: 1710.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: Not In Subdivision
  • Construction Type: Vinyl Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Crawlspace
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: One Space

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 18300.0

Tax Info

  • Tax Annual Amount: 1348.0
  • Tax Block: 1
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Clark Molly
Current Estimated Value
$263,606

Purchase Details

Closed on
Dec 15, 2005
Sold by
Mcfadden Shawn
Bought by
Ledbetter James L and Maestri Suzette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 1, 1985
Bought by
Hanna Cora E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Molly $49,000 Associates Closing & Title
Ledbetter James L $167,000 Lenders Title Co
Hanna Cora E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledbetter James L $125,000
Closed Ledbetter James L $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $154,420 -11.8% $90 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $175,000 -- $102 / 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 $2,110 $38,220 $12,000 $26,220
2024 $1,515 $38,220 $12,000 $26,220
2023 $1,503 $38,220 $12,000 $26,220
2022 $1,433 $33,470 $8,000 $25,470
2021 $1,401 $33,470 $8,000 $25,470
2020 $1,368 $33,470 $8,000 $25,470
2019 $1,052 $24,630 $12,000 $12,630
2018 $1,427 $24,630 $12,000 $12,630
2017 $1,415 $24,630 $12,000 $12,630
2016 $1,415 $24,630 $12,000 $12,630
2015 $1,348 $24,630 $12,000 $12,630
2014 $1,115 $20,740 $7,000 $13,740
Source: Public Records

Agents Affiliated with this Home

  • Michael Ward

    Seller's Agent in 2018

    Michael Ward

    Roots Real Estate Group

    (479) 790-6303

    15 in this area

    37 Total Sales

    Michael Ward
    Section Image
  • Sylvia Schlegel

    Buyer's Agent in 2018

    Sylvia Schlegel

    Flyer Homes Real Estate

    (479) 530-2386

    19 in this area

    59 Total Sales

    Sylvia Schlegel
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1062192

Northwest Arkansas Board of REALTORS®

APN: 765-05652-000

Arkansas Washington County Fayetteville 72701 Downtown Fayetteville

702 S College Ave, Fayetteville, AR

Not Listed for Sale

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