This is a nicely leveled lot if you are looking to build a duplex. This lot is located in the ever growing S. Fayetteville and is minutes from the UofA, wonderful local restaurants and the popular Razorback Greenway. The Seller has done a lot of the leg work with surveying, site plans, permits so you don't have to if you choose not to. A utility line does run through the property which may be capable of being rerouted if planning to exercise more of the land to build.
Property Details
Property Features
Listing Office:
Office Name: Blue Canopy Realty
Office Phone: (479) 409-5499
Lot Features
Lot Information:
Lot: City Lot, Interior Lot, Neighborhood, Subdivision, Level
Lot Size: 0.40 Acres
School Info
Assigned Schools Information:
Fayetteville High School East, Public District Grades 9-12
Ramay Junior High School, Public District Grades 8-9
Owl Creek School, Public District Grades KG-8
Washington Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: East Huntsville Road, south on Erika Avenue. At the end of Erika Avenue the property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $97,500
Tax Information:
Annual Amount: $464
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 Fayetteville, AR.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$554
Per Month
Principal & Interest
$487
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
$359
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.
Elementary School
4
/10
Washington Elementary School
425 North Nighland Ave
Distance between this listing and this school1.49 miles
Public District Grades KG-5
Middle School
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school2.68 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school4.41 miles
Public District Grades KG-8
High School
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school1.81 miles
Public District Grades 9-12
Assigned Schools
4
/10
Washington Elementary School
425 North Nighland Ave
Distance between this listing and this school1.49 miles
Public District Grades KG-5
Nearby Schools
7
/10
Happy Hollow Elementary School
300 S Ray Ave
Distance between this listing and this school0.74 miles
Public District Grades KG-6
9
/10
Root Elementary School
1529 E Mission Blvd
Distance between this listing and this school1.98 miles
Public District Grades KG-5
Assigned Schools
5
/10
Ramay Junior High School
401 S Sang Ave
Distance between this listing and this school2.68 miles
Public District Grades 8-9
5
/10
Owl Creek School
375 N Rupple Rd
Distance between this listing and this school4.41 miles
Public District Grades KG-8
Nearby Schools
8
/10
Woodland Junior High School
1 E Poplar St
Distance between this listing and this school2.59 miles
Public District Grades 8-9
Assigned Schools
6
/10
Fayetteville High School East
1001 W Stone St
Distance between this listing and this school1.81 miles
Public District Grades 9-12
Nearby Schools
9
/10
Haas Hall Academy
3155 N College Ave
Distance between this listing and this school3.89 miles
Public Charter Grades 8-12
5
/10
Greenland High School
30 North Sandy Ave
Distance between this listing and this school4.36 miles
The neighbors living near this home have an average income of $31,067. Typical income of Fayetteville, AR residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 989 S Erika Ave
What is the listing price of this property?
The listing price of 989 S Erika Ave property is $97,500.
What type of property is this?
The property 989 S Erika Ave is land located in Fayetteville, Arkansas, 72701.
Is this property for sale now?
Active Listing: 989 S Erika Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 989 S Erika Ave are: Washington Elementary School: GreatSchools Rating 4/10Ramay Junior High School: GreatSchools Rating 5/10Owl Creek School: GreatSchools Rating 5/10Fayetteville 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 $464 (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 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 989 S Erika Ave in Fayetteville, AR and zip code 72701. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since January 15, 2023 and is currently priced at $97,500.
In April 2024, from all listings sold in Fayetteville, AR there were more than 17 sold above asking price, over 61 sold below and more than 43 were sold right at the asked price. Between March 2024 and April 2024, Fayetteville, AR real estate market has seen increase in the number of listings by 9.2%. In April 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $372,039.
From Rocket Homes Real Estate and based on county public records data.
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.
Pro Wrestling
Pro Wrestling
Figure Skating
College Football
Wal-Mart
Family Dollar
Kmart
Sonic
Dominos Pizza
Bob Evans
Oldsmobile
Ford
Buick
Contemporary Inspirational
New Country