NOT LISTED FOR SALE

116 Layne St Farmington, AR 72730

Estimated Value: $236,000 - $283,000

3 Beds
1.5 Baths
1,460 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $237,000 $162 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,515/month

91 Days on Market

Highlights

  • Home fronts a creek
  • Traditional Architecture
  • Granite Countertops
  • Fayetteville High School Rated A
  • Sun or Florida Room
  • 1 Car Attached Garage

About This Home

As of May 2023

At the end of the day, who wants to go home to more work? This adorable home is move-in ready. The neutral, newly painted walls are ready to receive your family photos and artwork, and the brand new flooring is so easy to maintain. Two living areas are perfect for multi-generational gatherings. and the fun can move outside to the enormous yard as well. New granite countertops in the kitchen and bathrooms add that touch of luxury, as well as the soft closing cabinets, beautiful six panel doors and 4 inch trim. Bright windows are complimented by all new lighting, and brushed nickel fixtures add to that modern flair. Newer electrical updates, HVAC, water heater and a brand new roof mean less worry and more free time. All of these gorgeous updates are located on a no-traffic lane that ends at a babbling brook. Take the quick drive out to Farmington (But Fayetteville School District) to tour this precious home, but be prepared to put away that honey-do list, move in and just relax!

Last Agent to Sell the Property

Jarred Blackstone

Harris Heights Realty License #SA00087508 Listed on: 01/12/2023

Co-Listed By

Ryan Blackstone

Blackstone & Company License #PB00075343

Last Buyer's Agent

Omar Magana

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00087701

Coldwell Banker Harris McHaney & Faucette -Fayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Home fronts a creek
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Stapleton Sub Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$728

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3201
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 130000664
  • Co List Office Phone: 479-313-5412
  • Subdivision Name: Stapleton Sub
  • Directions: From Hwy 62 (MLKJr Blvd) heading west, turn right on Layne St. The property is on the right.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1971
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Appliances: Dishwasher, Gas Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Granite Counters, Pantry, Sun Room
  • Living Area: 1460.0
  • Dining Room Type: Sunroom
  • Window Features: Vinyl

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Cleared, Level
  • Waterfront Features: Creek
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: None
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

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

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 728.0
  • Tax Block: 0
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
May 17, 2023
Sold by
Nwa Realty Investors Llc
Bought by
Bates Brodie
Seller's Agent
Jarred Blackstone
Harris Heights Realty
Buyer's Agent
Omar Magana
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%
Views
1
Current Estimated Value
$257,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,583
Avg. Annual Appreciation
3.39%
Original Mortgage
$225,150
Outstanding Balance
$218,505
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$39,078

Purchase Details

Closed on
Aug 12, 2021
Sold by
Wier Laura E and Starnes Lara E
Bought by
Starnes Christopher

Purchase Details

Closed on
Nov 25, 1992
Bought by
Starnes Laura

Purchase Details

Closed on
Sep 19, 1988
Bought by
Lester Tommy and Lester Ellen M

Purchase Details

Closed on
Mar 15, 1972
Bought by
Bowe Arthur S and Bowe Lucille F
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
Bates Brodie $237,000 None Listed On Document
Starnes Christopher -- None Available
Starnes Laura $55,000 --
Lester Tommy $44,000 --
Bowe Arthur S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Brodie $225,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2023 05/17/23 Sold $237,000 -5.2% $162 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $250,000 -- $171 / 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 $1,895 $33,960 $9,000 $24,960
2024 $1,898 $33,960 $9,000 $24,960
2023 $1,941 $33,960 $9,000 $24,960
2022 $1,332 $23,310 $6,000 $17,310
2021 $728 $23,310 $6,000 $17,310
2020 $678 $23,310 $6,000 $17,310
2019 $627 $17,540 $6,000 $11,540
2018 $652 $17,540 $6,000 $11,540
2017 $644 $17,540 $6,000 $11,540
2016 $644 $17,540 $6,000 $11,540
2015 $644 $17,540 $6,000 $11,540
2014 $598 $16,730 $6,000 $10,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1236563

Northwest Arkansas Board of REALTORS®

APN: 760-01252-000