NOT LISTED FOR SALE

11560 Gainer Dr Garfield, AR 72732

Estimated Value: $754,000 - $886,709

5 Beds
3 Baths
3,140 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $348,000 $111 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,632/month

155 Days on Market

Highlights

  • Lake Front
  • Community Boat Slip
  • Deck
  • Garfield Elementary School Rated A-
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of November 2018

Lakefront, Lakeviews, facing east for sunrise, boat slip out your door, Apartment downstairs All appliances convey. Lakeviews from all three floors. Most appliances are newer. Main floor, Granite counter tops, Stainless appliances, huge dining area. Apartment has newer carpet, newer black appliances, fireplace, 2 bedrooms one bath.

Last Agent to Sell the Property

Faith Marshall

Coldwell Banker Harris McHaney & Faucette-Rogers License #EB00056947 Listed on: 05/13/2018

Last Buyer's Agent

John Niernberger

Beaver Lake Vacation Rentals License #SA00077206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Landscaped
  • Level Lot
  • Cleared Lot

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Library
  • Storage Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 7 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Propane
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 1

Community Details

Overview

  • Association fees include security
  • Lost Bridge Village Association, Phone Number (479) 359-3204
  • Forest Hills Sub Lot 18 Lbv Garfield, Ar Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 1979

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public Road
  • Water Body Name: Beaver Lake
  • Subdivision Name: Forest Hills Sub Lot 18 LBV Garfield, Ar
  • Directions: HWY 62 To HWY 127 Garfield HWY 127 to Slate Gap Left on E Airport Road At windsock, go all the way to the bottom of hill turn right on Walnut Turn left on Gainer Property on left lakefront
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1979
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3
  • Year Built: 1979

Interior Features

  • Appliances: Some Electric Appliances, Convection Oven, Counter Top, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Smooth Cooktop, Self Cleaning Oven, Trash Compactor, Washer, Plumbed For Ice Maker
  • Has Basement: Full, Walk-Out Access, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Programmable Thermostat, Solid Surface Counters, Walk-In Closet(s), In-Law Floorplan, Storage
  • Living Area: 3140.0
  • Dining Room Type: Additl. Living Suite, In-Law Suite, Library, Office, Storage Room
  • Window Features: Double Pane Windows, Wood Frames, Blinds, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Landscaped, Level, Outside City Limits, Resort Property, Subdivision, Views
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Flood Insurance Required, Flood Plain Disclosure
  • Construction Type: Frame, Rock
  • Direction Faces: East
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Architectural, Shingle

Garage/Parking

  • Covered Parking Spaces: 7.0
  • Parking Features: Other

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Propane, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Recreation Area, Tennis Court(s), Boat Slip, Pool
  • Association Fee: 320.0
  • Association Fee Frequency: Annually
  • Association Name: Lost Bridge Village
  • Phone: 479-359-3204
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Security

Schools

  • Junior High Dist: Rogers

Lot Info

  • Additional Parcels Description: 19-01414-000 One slip in a community dock
  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3221.0
  • Tax Block: 1
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2018
Closed on
Nov 15, 2018
Sold by
Fair Michael R and Fair Kimberly A
Bought by
Cooper Walter B and Cooper Kristi A
Seller's Agent
Faith Marshall
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
John Niernberger
Beaver Lake Vacation Rentals
List Price
$499,000
Sold Price
$348,000
Premium/Discount to List
-$151,000
-30.26%
Current Estimated Value
$811,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,677
Avg. Annual Appreciation
12.96%
Original Mortgage
$273,000
Outstanding Balance
$171,969
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$639,708

Purchase Details

Closed on
May 2, 2018
Sold by
Marguerite E Hammer
Bought by
Fair Kimberly and Fair Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,584
Interest Rate
4.58%

Purchase Details

Closed on
Jun 20, 2003
Bought by
Fair

Purchase Details

Closed on
Sep 15, 1998
Bought by
Johnson Trust

Purchase Details

Closed on
Aug 29, 1996
Bought by
Johnson

Purchase Details

Closed on
Jul 1, 1996
Bought by
Dod 07-01-1996

Purchase Details

Closed on
Nov 14, 1994
Bought by
Dod 11-14-1994

Purchase Details

Closed on
Jan 9, 1992
Bought by
Johnson Tr Et Al

Purchase Details

Closed on
Aug 24, 1990
Bought by
Johnson and Johnson

Purchase Details

Closed on
Jun 4, 1990
Bought by
Johnson and Johnson

Purchase Details

Closed on
Jul 29, 1987
Bought by
Nelson
Source: Public Records

Range of Values:

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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
Cooper Walter B $348,000 Pci Advance Titel Llc
Fair Kimberly $215,000 --
Fair $230,000 --
Johnson Trust -- --
Johnson -- --
Dod 07-01-1996 -- --
Dod 11-14-1994 -- --
Johnson Tr Et Al -- --
Johnson -- --
Johnson $151,000 --
Nelson $79,000 --
Nelson $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Walter B $273,000
Previous Owner Nelson $215,584
Previous Owner Nelson --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $348,000 -30.3% $111 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
05/13/2018 05/13/18 For Sale $499,000 -- $159 / Sq Ft
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
2025 $4,026 $140,899 $10,400 $130,499
2024 $3,481 $140,899 $10,400 $130,499
2023 $3,165 $65,790 $10,400 $55,390
2022 $3,990 $65,790 $10,400 $55,390
2021 $3,981 $65,790 $10,400 $55,390
2020 $3,989 $65,890 $10,200 $55,690
2019 $3,989 $65,890 $10,200 $55,690
2018 $3,474 $65,890 $10,200 $55,690
2017 $3,474 $65,890 $10,200 $55,690
2016 $3,221 $65,890 $10,200 $55,690
2015 $2,883 $69,970 $10,500 $59,470
2014 $2,935 $69,970 $10,500 $59,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1079209

Northwest Arkansas Board of REALTORS®

APN: 15-04952-000