NOT LISTED FOR SALE

2209 W Central St Siloam Springs, AR 72761

Estimated Value: $360,000 - $448,000

Studio
-- Bath
2,606 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2024

Last sale price $325,000 $125 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,325 / mo

158 Days on Market

Highlights

  • 1.25 Acre Lot
  • Property is near schools
  • 1 Car Garage
  • Circular Driveway
  • Central Heating and Cooling System
  • Trails

About This Home

As of October 2024

Value is in the land. Currently there is a duplex at 2209 and a single family house at 2211. Both addresses share one parcel. 1.25 acres. Agent Owned. This property was approved by planning and zoning for 16 units of townhouses. They were designed to all have 2 bedroom/1 bathroom units to be marketed to the university students for "student housing". The civil engineering and floor plans can be provided. The project name was to be Eagle's Nest. Named after the JBU Mascot. The property is less then .4 mile walk to JBU and it is directly off the paved walking trail. Currently there is a renters living in the duplex. The house is vacant. The house was renting for $1,150 and $750 for each unit in the duplex. Best use for this property is redevelopment and structures need to be demolished. All utilities are on site. Listed as residential MLS 1268401 and Land MLS 1268402

Last Agent to Sell the Property

Matthew Zaidner

Wright St. Real Estate Brokerage Phone: 479-250-3105 License #SA00078025 Listed on: 03/01/2024

Wright St. Real Estate

Last Buyer's Agent

Matthew Zaidner

Wright St. Real Estate Brokerage Phone: 479-250-3105 License #SA00078025 Listed on: 03/01/2024

Wright St. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,808

Lot Details

  • 1.25 Acre Lot
  • Partially Fenced Property
  • Cleared Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 2,606 Sq Ft Home
  • 1-Story Property

Parking

  • 1 Car Garage
  • Circular Driveway

Location

  • Property is near schools

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • TV Antenna

Listing and Financial Details

  • Legal Lot and Block 2 / 6

Community Details

Overview

  • 3 Units
  • Siloam Spgs Subdivision

Recreation

  • Trails

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,808

Lot Details

1.25 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 1.25
  • Road Frontage Type: Shared
  • Subdivision Name: Siloam Spgs
  • Directions: 412 to Holly North to West Central West to 2211/2209 West Central just past cemetery
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: 25 Years or older
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family,Other
  • ResoBuildingAreaSource: PublicRecords
  • Attribution Contact: 479-250-3105
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Living Area: 2606.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: Cleared
  • Waterfront Features: None
  • Construction Type: Masonite
  • Exterior Features: TV Antenna
  • Foundation Details: Block, Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Garage, Other, Circular Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools, Trails/Paths

Lot Info

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

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 18000.0

Tax Info

  • Tax Annual Amount: 1808.0
  • Tax Block: 6
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Aug 29, 2024
Sold by
Bought by
Seller's Agent
Matthew Zaidner
Wright St. Real Estate
Buyer's Agent
Matthew Zaidner
Wright St. Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Views
101
Current Estimated Value
$383,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,325
Avg. Annual Appreciation
11.57%
Original Mortgage
$178,846
Interest Rate
0.0608%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,758
Interest Rate
0.0399%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$325,000 First National Title
$125,000 Realty Title & Closing Servi
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $178,846
Closed $179,000
Closed $1,845,000
Closed $101,758
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $325,000 -7.1% $125 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $350,000 -- $134 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,064 $54,592 $9,250 $45,342
2024 $2,157 $54,592 $9,250 $45,342
2023 $1,961 $38,350 $7,000 $31,350
2022 $1,808 $38,350 $7,000 $31,350
2021 $1,653 $38,350 $7,000 $31,350
2020 $1,508 $26,180 $7,000 $19,180
2019 $1,508 $26,180 $7,000 $19,180
2018 $1,508 $26,180 $7,000 $19,180
2017 $1,471 $26,180 $7,000 $19,180
2016 $1,471 $26,180 $7,000 $19,180
2015 $1,337 $23,220 $5,750 $17,470
2014 $1,337 $23,220 $5,750 $17,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ArkansasOne MLS

MLS Number: 1268429

ArkansasOne MLS

APN: 03-00595-001

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