NOT LISTED FOR SALE

112-116 Neal St Farmington, AR 72730

Estimated Value: $334,000 - $469,000

-- Bed
4 Baths
-- Sq Ft
0.38 Acres

Last Sold October 14, 2014

Last sale price $135,000

Est. 197% increase in value since last sale

Current estimated payment $2,396/month

215 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Attached Garage
  • Level Lot

About This Home

As of October 2014

Farmington. Great rental history. 1 duplex and 1 single family house. 1 unit has been completely redone and is vacant.

Last Agent to Sell the Property

Keith Marrs

Legend Realty Inc License #PB00052249 Listed on: 02/10/2014

Last Buyer's Agent

Neil Adams

Legend Realty Inc License #EB00071885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1995

Lot Details

  • 0.38

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 4 Car Attached Garage
  • Gravel Driveway

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,075

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size: IRR
  • Road Frontage Type: Public Road
  • Subdivision Name: None
  • Directions: I-540 Exit 62, west into Farmington, turn south on Brown and west on Neal. Property located on your right. No signs are up.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1995
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Multi Family,Other
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Level, Subdivision
  • Construction Type: Masonite
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Two Spaces

Utilities

  • Security: Smoke Detector(s)

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 19800.0

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Oct 13, 2014
Sold by
Rhoads Charles L
Bought by
Cochran Sandra
Seller's Agent
Keith Marrs
Legend Realty Inc
Buyer's Agent
Neil Adams
Legend Realty Inc
List Price
$169,900
Sold Price
$135,000
Premium/Discount to List
-$34,900
-20.54%
Current Estimated Value
$401,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,595

Purchase Details

Closed on
Sep 11, 1997
Bought by
Rhoads Charles L and Rhoads Elizabeth

Purchase Details

Closed on
Nov 22, 1995
Bought by
Rhoads Charles L and Rhoads Elizabeth

Purchase Details

Closed on
Jan 1, 1992
Bought by
Scruggs George S and Scruggs Anna
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cochran Sandra $135,000 Lenders Title Co
Rhoads Charles L -- --
Rhoads Charles L -- --
Scruggs George S $11,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturble Holmes Llc $500,000
Open Strble Holmes Llc $1,432,800
Closed Cochran Sandra $86,132
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2014 10/14/14 Sold $135,000 -20.5% --
09/14/2014 09/14/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $169,900 -- --
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,075 $83,400 $8,400 $75,000
2023 $2,939 $83,400 $8,400 $75,000
2022 $2,672 $50,850 $6,000 $44,850
2021 $2,480 $50,850 $6,000 $44,850
2020 $2,274 $50,850 $6,000 $44,850
2019 $2,075 $38,350 $3,750 $34,600
2018 $1,942 $35,900 $3,750 $32,150
2017 $1,574 $35,900 $3,750 $32,150
2016 $1,574 $35,900 $3,750 $32,150
2015 $1,574 $35,900 $3,750 $32,150
2014 $2,197 $40,980 $3,750 $37,230
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Keith Marrs

    Legend Realty Inc

    (479) 466-6998

    55 in this area

    221 Total Sales

    Keith Marrs
    Section Image

  • N

    Buyer's Agent in 2014

    Neil Adams

    Legend Realty Inc

    (479) 871-6045

    19 in this area

    103 Total Sales

    Neil Adams
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 699547

Northwest Arkansas Board of REALTORS®

APN: 760-01466-001

Arkansas Washington County Farmington 72730

112-116 Neal St, Farmington, AR

This home is located at 112-116 Neal St, Farmington, AR 72730 since 10 February 2014 and is currently estimated at $401,595. This property was built in 1995. 112-116 Neal St is a home located in Washington County with nearby schools including Randall G. Lynch Middle School, Bob Folsom Elementary School, and Farmington Jr. High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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