1 month on rocket

942 W Holly St, Fayetteville, AR, 72703

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,240 SqFt
$309/SqFt
Condo

Location

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942 W Holly St, Fayetteville$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1987
HeatingElectric
CoolingElectric
MLS #1284690
Lot Size0.26 Acres
StatusActive

About 942 W Holly St

942 W Holly is a multifamily investment property located in core Fayetteville less than a mile from University of Arkansas campus. The property consists of 10 fully renovated studio apartments that are ~300sf. Each unit has been renovated with high-end finish outs including LVP floors, granite counters, upgraded cabinets, stainless steel appliances, and fully tiled bathrooms. While the property is stabilized and fully occupied, there is room to push rents about $70, supported by local comps. The location is unbeatable being 3/4 mile from University of Arkansas campus (5 minutes by bike, 19 by foot, 9 by bus), adjacent to popular restaurants and retail at the corner of North and Garland, a half block from two University transit stops, and 1/4 mile from the Razorback Greenway. The property is listed with it's 8-unit sister property located at 969 W Holly St MLS# 1284668.

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 2
  • Living Area: 3,240 SqFt

Listing Office:

  • Office Name: GREA-Global Realtor Estate Advisors Branch
  • Office Phone: (479) 231-7833

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank

Exterior Features

Exterior Information:

  • Exterior: Concrete Driveway

Parking Information:

  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Fayetteville High School East, Public District Grades 9-12
  • Woodland Junior High School, Public District Grades 8-9
  • Holt Middle School, Public District Grades 5-7
  • Asbell Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-49, take exit 64 towards Wedington and go east towards University of Arkansas campus. After 1.4 miles, take a left to head north on Garalnd Ave. Drive .2 miles then take a right on Holly street and follow that road about a block and a half to 942 W Holly on your left/north side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $309/SqFt

Tax Information:

  • Annual Amount: $2,549
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fayetteville, AR.

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Fayetteville, AR

City

Med. Sold Price

$375.1K

Med. Price/SqFt

$206

Avg. Days On Market

71

# of Sold Homes

128

942 W Holly St vs Fayetteville

30 DAYS ON ROCKET

-41 Days

$1,000,000

+$624.8K More

$309/SqFt

+$102 More

KEY TAKEAWAY

This property is $624.8K more than the Median Sold Price and $102/SqFt more than other homes in Fayetteville, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1284690

Listing Office:

  • Office Name: GREA-Global Realtor Estate Advisors Branch
  • Office Phone: (479) 231-7833

Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 21, 2013Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,549$43,980
2020$2,384$43,980
2019$2,116$36,520
2018$2,098$36,520
2017$2,098$36,520

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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.

Elementary School

school-card-donut-157324
7
/10

  • Asbell Elementary School

  • 1500 N Sang Ave

  • 0.87 miles

  • Public District Grades KG-5

Middle School

school-card-donut-157325
7
/10

  • Woodland Junior High School

  • 1 E Poplar St

  • 1.04 miles

  • Public District Grades 8-9

school-card-donut-157326
6
/10

  • Holt Middle School

  • 2365 N Rupple Rd

  • 2.57 miles

  • Public District Grades 5-7

High School

school-card-donut-157327
6
/10

  • Fayetteville High School East

  • 1001 W Stone St

  • 1.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,757. Residents of Fayetteville, AR typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Fayetteville, 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 are the common housing types in Fayetteville, AR?

Fayetteville's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include modern farmhouses, colonial revivals, and contemporary craftsman homes. The market also features a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Fayetteville is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.

What are the advantages of living in Fayetteville, AR?

Fayetteville is celebrated for its vibrant community spirit and rich cultural scene. The city prides itself on being home to a variety of local events, including music festivals and art fairs that showcase the creativity and diversity of its residents. The area's character is further defined by its scenic landscapes and well-maintained parks, which offer residents and visitors alike a chance to enjoy outdoor activities and community gatherings throughout the year.

Are essential services in Fayetteville, AR convenient?

The community is served by a comprehensive array of services designed to meet the needs of its diverse population. Educational opportunities are abundant, with numerous public and private schools providing quality education from elementary through high school levels. Fayetteville also hosts higher education institutions, contributing to the city's educational landscape. Healthcare services are readily available, with several hospitals and clinics offering a range of medical care, from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on locally-owned businesses and farm-to-table dining experiences.

How do Fayetteville, AR residents get around?

Fayetteville's transportation infrastructure supports both private and public transit options, catering to the needs of commuters and residents. The city's public transportation system includes buses that operate on a set schedule, facilitating access to key areas within the city. The community is also bike-friendly, with designated bike lanes and trails that encourage cycling as a mode of transport. Major roads and highways connect Fayetteville to neighboring cities and regions, and ongoing investments in transportation aim to enhance the efficiency and accessibility of the city's transport network.

Frequently Asked Questions About 942 W Holly St

What is the listing price of this property?

The listing price of 942 W Holly St property is $1,000,000.

What type of property is this?

The property 942 W Holly St is a condo located in Fayetteville, Arkansas, 72703.

Is this property for sale now?

Active Listing: 942 W Holly St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 942 W Holly St are:
Asbell Elementary School: GreatSchools Rating 7/10
Woodland Junior High School: GreatSchools Rating 7/10
Holt Middle School: GreatSchools Rating 6/10
Fayetteville High School East: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,549 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 21, 2013 for $220,000. (source: MLS/tax record).

What is the square footage of this property?

The property 942 W Holly St is 3,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 942 W Holly St is 1987.

Rocket Homes›Arkansas›Washington County›Fayetteville›72703›942 W Holly St

This home is located at 942 W Holly St in Fayetteville, AR and zip code 72703. This 3,240 square foot home, which was built in 1987, sits on a 0.26 acre lot. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,000,000.

While more than 19 listings in Fayetteville, AR in August 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 67 were sold below. The number of listings in Fayetteville, AR decreased by 1.7% between July 2024 and August 2024. While the average time on the market in August 2024 was 71 days, the median list price was $375,110.

From Rocket Homes Real Estate and based on county public records data.

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