1224 56th Ter
Fort Smith, AR 72904
3 bd 3 ba 2,594 sqft Built 1954 Lot 18,474 sqft single_family
Most recent sale
$207,500
Nov 13, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 6, 2024 | Price changed | $254,900 | Russellville |
| Aug 5, 2024 | Price changed | $254,900 | Carmls |
| Jul 12, 2024 | Price changed | $259,900 | Carmls |
| Jun 19, 2024 | Price changed | $259,900 | Russellville |
| Jun 14, 2024 | Listed | $270,000 | Carmls |
| Jun 13, 2024 | Listed | $270,000 | Russellville |
| Nov 13, 2023 | Sold | $207,500 | Public Record |
| Nov 11, 2023 | Listing removed | — | FtSmith |
| Oct 8, 2023 | Listed | $215,000 | FtSmith |
| Oct 7, 2023 | Listing removed | — | FtSmith |
| Sep 11, 2023 | Price changed | $245,000 | FtSmith |
| May 30, 2023 | Price changed | $259,000 | FtSmith |
| Apr 24, 2023 | Price changed | $264,500 | FtSmith |
| Mar 22, 2023 | Price changed | $275,000 | FtSmith |
| Mar 13, 2023 | Listed | $298,500 | FtSmith |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $40,556 | $5,500 | $46,056 | $1,475 |
| 2024 | $40,556 | $5,500 | $46,056 | $1,996 |
| 2023 | $30,380 | $4,000 | $34,380 | $1,047 |
| 2022 | $30,380 | $4,000 | $34,380 | $1,097 |
| 2021 | $30,380 | $4,000 | $34,380 | $1,097 |
| 2020 | $30,380 | $4,000 | $34,380 | $1,097 |
| 2018 | $23,300 | $4,000 | $27,300 | $1,122 |
| 2017 | $23,300 | $4,000 | $27,300 | $981 |
| 2016 | $23,300 | $4,000 | $27,300 | $981 |
| 2015 | $23,300 | $4,000 | $27,300 | $981 |
| 2014 | $23,300 | $4,000 | $27,300 | $981 |
| 2013 | $20,970 | $4,400 | $25,370 | $1,331 |
| 2012 | $20,970 | $4,400 | $25,370 | $981 |
| 2011 | $20,970 | $4,400 | $25,370 | $740 |
| 2010 | $20,970 | $4,400 | $25,370 | $740 |
| 2009 | $20,970 | $4,400 | $25,370 | $740 |
| 2008 | $17,570 | $3,200 | $20,770 | $740 |
| 2007 | $17,570 | $3,200 | $20,770 | $740 |
| 2006 | $17,570 | $3,200 | $20,770 | $790 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,594 sqft
Lot size
18,474 sqft
ZIP code
72904
City
Fort Smith
Street
56th Ter
Coordinates
35.38882, -94.36924
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,245
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1224 56th Ter last sell?
1224 56th Ter most recently sold on Nov 13, 2023 for $207,500.
What is the current tax assessment for 1224 56th Ter?
The most recent total assessment for 1224 56th Ter (year 2025) is $46,056 with $1,475 in property tax.
How does 1224 56th Ter's assessment compare to its last sale price?
The current assessment is 77.8% below the last sale price of $207,500.
When was 1224 56th Ter built?
1224 56th Ter was built in 1954.
How does 1224 56th Ter compare to others on 56th Ter?
We track 8 other properties on 56th Ter. Browse the list under "Other properties on 56th Ter" to compare beds, baths, and sale history.
What are the property facts for 1224 56th Ter?
1224 56th Ter is a 3 bed, 3 bath, 2,594 sqft, 18,474 sqft lot single_family.
Is 1224 56th Ter a flip candidate?
No — 1224 56th Ter does not appear in our flips dataset.
Is 1224 56th Ter a tax-appeal candidate?
No — 1224 56th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.8%
Implied 1-yr
+23.2%
2026 Q2
$243.7K
2026 Q3
$253.9K
ZIP 72904 — Median Price History + Forecast
Explore nearby
Geography
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