NOT LISTED FOR SALE

1154 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $150,000 - $231,000

3 Beds
2 Baths
1,440 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $100,000 $69 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,166/month

93 Days on Market

Highlights

  • Boat Slip
  • Deck
  • Screened Porch
  • River View
  • Separate Formal Living Room
  • Formal Dining Room

About This Home

As of July 2020

Riverfront Bargain on the Little Red River, located next door to Lindsey's Rainbow Resort. Affordable fixer upper with covered single stall boat dock. New septic system installed approx 3 Yrs ago. Condition of Central HVAC unknown. Double wide is being sold "AS IS". Would make excellent weekender for the family or vacation rental property with all the amenities of Lisdsey,s Rainbow Resort right next door!

Last Agent to Sell the Property

Pam Huffty

Crye*Leike Brock Real Estate Listed on: 04/01/2020

Crye*Leike Brock Real Estate

Last Buyer's Agent

Pam Huffty

Crye*Leike Brock Real Estate Listed on: 04/01/2020

Crye*Leike Brock Real Estate

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $887

Year Built

  • Built in 1977

Lot Details

  • 1.08 Acre Lot
  • River Front

Parking

  • 4 Car Garage

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Screened Porch
  • River Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Boat Slip
  • Deck

Schools

  • Heber Springs Elementary And Middle School
  • Heber Springs High School

Mobile Home

  • Manufactured Home

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Butane Gas
  • Septic System

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$887

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Residential
  • Ext Features: Deck, Screened Porch
  • LVT Date: 04/02/2020
  • Mobilemodular: Double Wide
  • Price Per Sq Ft: 69.44
  • River: Yes
  • River Name: Little Red River (Arkansas)
  • Road Surface: Gravel, Paved
  • Street Designation: Road
  • Third Party Exports: Daily Record
  • Type: Mobile/Mod/Mfg W/Property
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1977
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Year Built: 1977

Interior Features

  • Dining Room: Eat-In Kitchen, Separate Dining Room
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1440
  • Bedrooms: 3
  • Floors: Laminate, Vinyl, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays
  • Kitchen Equip: Surface Range, Refrigerator-Stays, Wall Oven
  • Other Rooms: Formal Living Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal
  • Waterfront: River, Dock, Boat Slip

Garage/Parking

  • Parking: Four Car Or More

Utilities

  • Utilities: Septic, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Central Cool-Electric, Central Heat-Unspecified

Schools

  • Elementary School: Heber Springs
  • Middle School: Heber Springs
  • High School: Heber Springs
  • Junior High: Heber Springs

Lot Info

  • Estimated Lot Size: 1.08
  • Estimated Lot Size: 1.08 AC
  • Lot: River Front, River View, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 887
  • Year: 2019

MLS Schools

  • Elementary School: Heber Springs
  • HighSchool: Heber Springs
  • Middle School: Heber Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Deleon Michael H and Deleon Vikki D
Bought by
Bissonnette Wendell Keith
Current Estimated Value
$207,144

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jul 9, 2020
Sold by
Lester William and Lester Teri
Bought by
Deleon Michael H and Deleon Vikki D
Seller's Agent
Pam Huffty
Crye*Leike Brock Real Estate
Buyer's Agent
Pam Huffty
Crye*Leike Brock Real Estate
List Price
$115,900
Sold Price
$100,000
Premium/Discount to List
-$15,900
-13.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Johnson Stanely W and Johnson Joanne A
Bought by
Lester William and Lester Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,259
Interest Rate
3.63%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2007
Sold by
Fallis T J and Fallis Mary A
Bought by
Johnson Stanley W and Johnson Joanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 1993
Bought by
Fallis T J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bissonnette Wendell Keith $240,000 Professional Land Title
Deleon Michael H $100,000 None Available
Lester William $117,000 None Available
Johnson Stanley W $165,000 --
Fallis T J $47,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lester William $119,259
Previous Owner Johnson Stanley W $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $100,000 -13.7% $69 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $115,900 -- $80 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $796 $21,010 $20,160 $850
2023 $796 $21,010 $20,160 $850
2022 $796 $21,010 $20,160 $850
2021 $877 $23,146 $20,160 $2,986
2020 $877 $23,146 $20,160 $2,986
2019 $877 $23,146 $20,160 $2,986
2018 $877 $23,146 $20,160 $2,986
2017 $877 $23,146 $20,160 $2,986
2016 $1,119 $29,527 $27,000 $2,527
2015 $1,119 $29,527 $27,000 $2,527
2014 $1,119 $29,527 $27,000 $2,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 20010794

Cooperative Arkansas REALTORS® MLS

APN: 001-02168-000