218 E Velma Ave, Springdale, AR, 72764

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

218 E Velma Ave, Springdale$213,500

Buyer Closing Credits

$2,535^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1957

HeatingCentral, Natural Gas

CoolingCentral Air, Electric

WaterfrontNone

FireplaceNone

MLS #1271568

Lot Size0.16 Acres

StatusActive

About 218 E Velma Ave

218 E. Velma Ave., Springdale. Newly renovated 4 Bedroom Rock & vinyl siding, 1.5 Baths, New architectural shingles, new wood laminate floors. Covered Patio. Tree shaded lot.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 1957
• Stories: 1
• Living Area: 1,287 SqFt

Listing Office:

• Office Name: Crye-Leike REALTORS, Springdale
• Office Phone: (479) 756-2131

Interior Features

Interior Information:

• Appliances: Gas Range, Gas Water Heater
• Basement: No
• Flooring Type: Laminate, Simulated Wood, Vinyl
• Interior: Eat-in Kitchen
• Fireplace: None

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 1
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Gravel Driveway

Lot Features

Lot Information:

• Lot: City Lot, Level, Subdivision
• Lot Size: 0.16 Acres

Utilities

Utilities Information:

• Heating: Central, Natural Gas
• Cooling: Central Air, Electric

School Info

Assigned Schools Information:

• Springdale High School, Public District Grades 1-12
• J. O. Kelly Middle School, Public District Grades 6-7
• George Junior High School, Public District Grades 8-9
• Jones Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: From East Hwy. 412 (Robinson), Turn North on Turner, then right on Velma,

Price Information

Listing Price Info

Price Summary:

• List Price: $213,500
• Price Per SqFt: $166/SqFt

Tax Information:

• Annual Amount: $579
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Springdale, AR

City

Med. Sold Price

$322.3K

Med. Price/SqFt

$184

Avg. Days On Market

90

# of Sold Homes

74

218 E Velma Ave vs Springdale

27 DAYS ON ROCKET

-63 Days

$213,500

-$108.8K Less

$166/SqFt

-$19 Less

KEY TAKEAWAY

This property is $108.8K less than the Median Sold Price and $19/SqFt less than other homes in Springdale, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: ARKMLS
• MLS Number: #1271568

Listing Office:

• Office Name: Crye-Leike REALTORS, Springdale
• Office Phone: (479) 756-2131

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: 5/2/2024, 8:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$579	$14,340
2020	$531	$14,340
2019	$483	$9,160
2018	$478	$9,160
2017	$478	$9,160

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,133

Per Month

Principal & Interest

$1,066

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$707

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Arkansas›Washington County›Springdale›72764›218 E Velma Ave

This home is located at 218 E Velma Ave in Springdale, AR and zip code 72764. This 1,287 square foot home, which was built in 1957, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $213,500.

In April 2024 more than 12 listings in Springdale, AR were sold above the asking price. During the same period more than 32 listings were sold at asking price, while more than 30 were sold below. The number of homes for sale in Springdale, AR decreased by 3.1% between March 2024 and April 2024. The median list price of listings available in April 2024 was $322,375, while the average time on the real estate market was 90 days.

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