NOT LISTED FOR SALE

941 Heather St Unit A & B Springdale, AR 72762

Estimated Value: $317,000 - $351,000

-- Bed
2 Baths
2,210 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $240,000 $109 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,012/month

1 Day on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Patio
  • Har-Ber High School Rated A
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of April 2022

This brick duplex is centrally located in Springdale and close to schools, a park, shopping, and everything there is to do in NWA. Each unit has two bedrooms and one and a half baths as well as a one car garage and patio. The backyard is also fenced.

The duplex has close to a 5% cap rate with under current market rental rates. The cap rate for this property is potentially above 6%.

Unit A has be been painted, has new vinyl flooring, new fans, new A/C condenser and a newer water tank.

Last Agent to Sell the Property

Peggy Lucero

RE/MAX Associates, LLC License #EB00052708 Listed on: 02/01/2022

RE/MAX Associates,  LLC

Last Buyer's Agent

Ryan Richards

Harris Heights Realty License #SA00088607

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1991

Lot Details

  • 10,019 Sq Ft Lot
  • Back Yard Fenced

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,210 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Phone Available

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 7 / 2

Community Details

Overview

  • 2 Units
  • Emily Heights Subdivision

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public Road
  • Subdivision Name: Emily Heights
  • Directions: From I-49 take Exit 72 and go east on Hwy 412/Sunset, turn left/north on S West End Street, turn left/west on Emily Circle Dr, then right on Heather. The duplex is on the right hand side of the street.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • Year Built: 1991
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1
  • Year Built: 1991

Interior Features

  • Appliances: Electric Range, Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2210.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: City Lot, Subdivision
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, One Space, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Hospital

Schools

  • Junior High Dist: Springdale

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13800.0

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Block: 2
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 12, 2022
Sold by
Earp Gary W
Bought by
Roman Juan and Bravo Yani
Seller's Agent
Peggy Lucero
RE/MAX Associates, LLC
Buyer's Agent
Ryan Richards
Harris Heights Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$328,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,667
Avg. Annual Appreciation
9.27%
Original Mortgage
$235,653
Outstanding Balance
$221,284
Interest Rate
3.89%
Mortgage Type
FHA
Estimated Equity
$103,383

Purchase Details

Closed on
Sep 28, 2005
Sold by
Hodskins Kent and Hodskins Kristen
Bought by
Earp Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 1990
Bought by
Fisher Steve K

Purchase Details

Closed on
Jan 1, 1990
Bought by
Howard Stan and Mathias Sam

Purchase Details

Closed on
May 23, 1989
Bought by
Mccamey Real Estate Company
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
Roman Juan $240,000 None Listed On Document
Earp Gary W $143,000 Waco Title Company
Fisher Steve K $80,000 --
Howard Stan -- --
Mccamey Real Estate Company $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Juan $235,653
Closed Roman Juan $235,653
Previous Owner Earp Gary W $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $240,000 0.0% $109 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $240,000 -- $109 / 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 $2,820 $54,550 $14,000 $40,550
2023 $2,875 $54,550 $14,000 $40,550
2022 $1,403 $35,680 $10,000 $25,680
2021 $1,295 $35,680 $10,000 $25,680
2020 $1,187 $35,680 $10,000 $25,680
2019 $1,079 $20,480 $5,000 $15,480
2018 $1,079 $20,480 $5,000 $15,480
2017 $1,069 $20,480 $5,000 $15,480
2016 $1,069 $20,480 $5,000 $15,480
2015 $1,069 $20,480 $5,000 $15,480
2014 $1,237 $23,700 $5,000 $18,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1208923

Northwest Arkansas Board of REALTORS®

APN: 815-30985-000