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$350,000   Price Analysis
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Unknown Address
Siloam Springs, AR 72761
Unknown bed None bath 2,606 SqFt ($134/SqFt)
1.25 acre lot.
Listed 2024-03-02, Taxes $1,808
Ⓧ USDA Ineligible
due to location

near Siloam Springs

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 parcel was prev iously approved by the City of Siloam Springs for a significant development project. It was approved 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 huse 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


Presented by Matthew Zaidner at
HomeQuest Realty.


Property MLS #1268429 from NorthWestAR

Laundry Features: Washer: 1

Cooling Features: Central, Number of Air Conditioners: 2
Heating Features: Central
Water Heaters: Gas

Masonite Siding
Fencing: Fencing: 2 Side
Roads: Common

Carport Features: Carport, Carport/Garage
Driveway: Circular Drive
Garage Spaces: 1
Garage Features: Attached, Detached

Lot Description: Lot Desc: Cleared, Lot: 2
Lot Size Acres: 1.25
Lot Size Square Feet: 54450

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 18000

Number of Units: 3

Annual Tax Amount: 1808
Source Listing Status: Active
County: Benton
Directions: 412 to Holly North to West Central West to 2211/2209 West Central just past cemetery
Source Property Type: Multifamily
Source Neighborhood: Siloam Spgs
Parcel Number: 03-00595-001
Property Location: Lot Location: Near Schools, Near Trails
Subdivision: Siloam Spgs
Zoning: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$31,350 + $7,000
$38,350
$1,808
2021$31,350 + $7,000
$38,350
$1,653
2020$19,180 + $7,000
$26,180
$1,507
2018$19,180 + $7,000
$26,180
$1,507
2017$19,180 + $7,000
$26,180
$1,507
2016$19,180 + $7,000
$26,180
$1,471
2015$19,180 + $7,000
$26,180
$1,337
2014$17,470 + $5,750
$23,220
$1,337
2013$17,470 + $5,750
$23,220
$1,332
2012$17,470 + $5,750
$23,220
$1,332
2011$17,470 + $5,750
$23,220
$1,332
2010$17,470 + $5,750
$23,220
$1,565
2009$17,580 + $9,700
$27,280
$1,565

Listed 2024-03-02
$350,000
NorthWestAR
Listed 2024-03-01
$350,000
NorthWestAR
Listed 2024-03-01
$350,000
NorthWestAR
Sold 2014-11-26
$125,000
Public Record

Total Square Feet Living: 2606
Foundation Details: Block, Concrete Slab
Levels: Stories: One Level, Two Levels
Roof: Architectural Shingle

Disabled Access: No

Other Equipment: Antenna

Siloam Springs Middle School is a public middle school located approximately 0.6 miles away.
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Northside Elementary School is a public elementary school located approximately 1 miles away.
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Siloam Springs High School is a public high school located approximately 2.8 miles away.
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Sunshine Montessori is a private elementary school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.