Great opportunity for development for professional office space or multi family. This property is in a great location, close to restaurants, shopping and I-49 it has all the makings of a prime property! This property is level with all utilities available. Currently zoned multi-family The current zoning allows for 8 units per acre, potential for higher density with city approval. Also a great opportunity for professional office space with rezoning approval from the city. Two older houses are of no value. 1248 SQF shop building currently being used as a church space. 1 acre can be purchased separately for $295,000, see MLS # 1283109
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Market Pro Realty
Office Phone: (479) 777-8031
Lot Features
Lot Information:
Lot: Business Park, Business District, Cleared, Open Lot, Level
Lot Size: 2.17 Acres
Other
Directions Information:
Directions: From I-49 and Sunset (Hwy )412, head East on Sunset and turn right (South) onto 48th Street, continue south for approximately a 1/4 mile and the property will be on the left (East) of 48th street.
Price Information
Listing Price Info
Price Summary:
List Price: $590,000
Tax Information:
Annual Amount: $784
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Springdale, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,012
Per Month
Principal & Interest
$2,945
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,835
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Walker Elementary School
1701 S 40th St
Distance between this listing and this school0.68 miles
Public District Grades PK-5
9
/10
John Tyson Elementary School
1967 Chapman Ave
Distance between this listing and this school1.76 miles
Public District Grades PK-5
7
/10
Bernice Young Elementary School
301 Pippin Apple Cir
Distance between this listing and this school1.88 miles
Public District Grades PK-5
Nearby Schools
6
/10
Helen Tyson Middle School
3304 S 40th St
Distance between this listing and this school0.68 miles
Public District Grades 6-7
8
/10
Hellstern Middle School
7771 Har Ber Ave
Distance between this listing and this school2.38 miles
Public District Grades 6-7
7
/10
Lisa Academy Springdale
301 Holcomb St
Distance between this listing and this school3.21 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Southwest Junior High School
1807 Princeton Ave
Distance between this listing and this school1.73 miles
Public District Grades 8-9
6
/10
Central Junior High School
2811 W Huntsville Ave
Distance between this listing and this school2.02 miles
Public District Grades 8-9
6
/10
Har-Ber High School
300 Jones Rd
Distance between this listing and this school2.11 miles
The neighbors living near this home have an average income of $40,679. Most Springdale, AR residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Springdale, AR
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Springdale, AR?
Springdale's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. Single-family homes are the most prevalent, reflecting a variety of architectural styles from classic ranch to contemporary designs. The housing stock includes both established properties and newer constructions, with a significant portion built in the late 20th century. The homeownership rate in Springdale is robust, with a majority of residents owning their homes, while a substantial segment of the population opts for renting.
Is Springdale, AR a good place to live?
Springdale is celebrated for its community spirit and family-friendly atmosphere. The city prides itself on its local parks, recreational facilities, and annual cultural events that bring residents together. The downtown area exudes a quaint charm, with local businesses and eateries contributing to the city's unique character. Springdale's cultural identity is further enriched by its history and the presence of several landmarks that are integral to the community.
Are things conveniently located in Springdale, AR?
The city of Springdale provides a comprehensive array of services to its residents. The educational system includes multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that offers a range of services from emergency care to specialized treatments. The public library system serves as a resourceful hub for learning and community engagement. Retail and dining establishments reflect the local culture, with an emphasis on supporting small businesses.
What does the transportation in Springdale, AR look like?
Transportation in Springdale is facilitated by a network of roads and highways that connect the city to the surrounding areas, making commuting and travel convenient for residents. Public transit options are available, providing essential connectivity within the city and to neighboring communities. The city is also accommodating to pedestrians and cyclists, with certain areas offering enhanced walkability and bike-friendly routes. While ride-sharing services are present, specific schedules and frequency of public transportation services can vary, and residents are encouraged to consult the latest transit information for up-to-date details.
Frequently Asked Questions About 2377 S 48th St
What is the listing price of this property?
The listing price of 2377 S 48th St property is $590,000.
What type of property is this?
The property 2377 S 48th St is land located in Springdale, Arkansas, 72764.
Is this property for sale now?
Active Listing: 2377 S 48th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $784 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2377 S 48th St in Springdale, AR and zip code 72764. This home sits on a 2.17 acre lot. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $590,000.
In October 2024, from all listings sold in Springdale, AR there were more than 15 sold above asking price, over 37 sold below and more than 29 were sold right at the asked price. The number of homes for sale in Springdale, AR increased by 0.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 73 days, the median list price was $323,940.
From Rocket Homes Real Estate and based on county public records data.