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1502 University Dr

Russellville, AR 72801

2 bd 2 ba 880 sqft Built 1986 Lot 1,728 sqft condos
Most recent sale
$72,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 17, 2024 Sold $83,000 ArkansasValleyBOR
Mar 23, 2024 Listed $89,900 Russellville
Apr 25, 2022 Sold $72,000 MLS #22-650
Apr 6, 2022 Listed $71,500 MLS #22-650
Dec 5, 2018 Sold $49,000 MLS #07-1561
Jul 31, 2007 Listed $49,000 MLS #07-1561
Jul 31, 2007 Sold $49,000 Public Record
Jan 1, 2007 Sold $49,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $10,150 $770 $10,920 $500
2024 $10,150 $770 $10,920 $500
2023 $10,150 $770 $10,920 $500
2022 $10,150 $770 $10,920 $500
2021 $10,150 $770 $10,920 $466
2020 $8,750 $490 $9,240 $424
2019 $8,750 $490 $9,240 $428
2018 $8,750 $490 $9,240 $427
2017 $8,750 $490 $9,240 $427
2016 $8,750 $490 $9,240 $427
2015 $8,540 $490 $9,030 $417
2014 $8,540 $490 $9,030 $417
2013 $8,540 $490 $9,030 $417
2012 $8,540 $490 $9,030 $416
2011 $8,540 $490 $9,030 $416
2010 $8,530 $490 $9,020 $412
2009 $8,530 $490 $9,020 $412
2007 $6,970 $490 $7,460 $337
2005 $6,970 $490 $7,460 $275

Property facts

Year built
1986
Property type
condos
Stories
Beds
2
Baths
2
Living area
880 sqft
Lot size
1,728 sqft
ZIP code
72801
City
Russellville
Street
University Dr
Coordinates
35.29258, -93.11570

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1502 University Dr last sell?
1502 University Dr most recently sold on Apr 25, 2022 for $72,000.
What is the current tax assessment for 1502 University Dr?
The most recent total assessment for 1502 University Dr (year 2025) is $10,920 with $500 in property tax.
How does 1502 University Dr's assessment compare to its last sale price?
The current assessment is 84.8% below the last sale price of $72,000.
When was 1502 University Dr built?
1502 University Dr was built in 1986.
How does 1502 University Dr compare to others on University Dr?
We track 8 other properties on University Dr. Browse the list under "Other properties on University Dr" to compare beds, baths, and sale history.
What are the property facts for 1502 University Dr?
1502 University Dr is a 2 bed, 2 bath, 880 sqft, 1,728 sqft lot condos.
Is 1502 University Dr a flip candidate?
No — 1502 University Dr does not appear in our flips dataset.
Is 1502 University Dr a tax-appeal candidate?
No — 1502 University Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$266K
2026 Q4
$273.4K
ZIP 72801 — Median Price History + Forecast

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