NOT LISTED FOR SALE

116 Woodlawn Dr Fairfield Bay, AR 72088

Estimated Value: $121,017 - $141,000

2 Beds
2 Baths
1,096 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $111,500 $102 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $918/month

18 Days on Market

Highlights

  • Marina
  • Lakefront Common Area
  • Wooded Lot
  • Golf Course Community
  • Stream or River on Lot
  • Traditional Architecture

About This Home

As of September 2023

Nestled in the heart of Fairfield Bay, this charming house presents an idyllic retreat for those seeking a serene and fulfilling lifestyle. With two comfortable bedrooms and two well-appointed bathrooms, this home offers the perfect space for relaxation and rejuvenation. The large living room, adorned with a wood-burning fireplace, creates a cozy ambiance that welcomes both family gatherings and quiet evenings by the fire. Step onto the screened-in back porch, a delightful space where you can enjoy the beauty of the surrounding nature. Boasting 1,096 square feet, this residence sits on a coveted corner lot with a mix of wooded and cleared yard, providing a balance of privacy and open space. Located near the stunning Greers Ferry Lake, In addition, this community offers three inviting pools, a tennis court, and two golf courses. Just minutes away from the marina, you can easily embark on boating adventures and explore the lake's splendor. With so much to offer, this Fairfield Bay home presents an exceptional opportunity to embrace a vibrant lifestyle surrounded by natural beauty and recreational amenities

Last Agent to Sell the Property

Randall Nichols

Nichols Realty Express Listed on: 07/07/2023

Co-Listed By

Heather Nichols

Nichols Realty Express

Last Buyer's Agent

Randall Nichols

Nichols Realty Express Listed on: 07/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1978

Lot Details

  • 0.45 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Crawl Space
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • 4 Car Garage
  • Parking Pad

Outdoor Features

  • Stream or River on Lot
  • Lakefront Common Area

Schools

  • Shirley Elementary And Middle School
  • Shirley High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Electric Water Heater
  • Satellite Dish

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1978

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Screened Porch, Porch, Guttering
  • Inside City Limits: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 07/10/2023
  • Price Per Sq Ft: 101.73
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Detached
  • Estimated Year Built: 1978
  • Internet Type: Internet-Fiber, Internet-Wireless
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1096
  • Bedrooms: 2
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Ceiling Fan(s), Walk-In Shower, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Dishwasher, Bar/Fridge
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Parking Pads, Four Car Or More

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Tv-Satellite Dish
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail
  • Condo Association Fee: Garbage, Water/Sewer
  • Condo Association Fee: 148
  • Frequency: Monthly

Schools

  • Elementary School: Shirley
  • Middle School: Shirley
  • High School: Shirley
  • Junior High: Shirley

Lot Info

  • Estimated Lot Size: 0.45
  • Estimated Lot Size: 19602
  • Lot: Sloped, Level, Corner Lot, Rural Property, Resort Property, Wooded, In Subdivision, River/Lake Area, Common To Golf Course, Common To Lake
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 599.89
  • Year: 2022

MLS Schools

  • Elementary School: Shirley
  • HighSchool: Shirley
  • Middle School: Shirley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 12, 2023
Sold by
Sowell Terry Thomas
Bought by
Virden Terry and Virden Tresa
Seller's Agent
Randall Nichols
Nichols Realty Express
Buyer's Agent
Randall Nichols
Nichols Realty Express
List Price
$149,900
Sold Price
$111,500
Premium/Discount to List
-$38,400
-25.62%
Views
186
Current Estimated Value
$130,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,754
Avg. Annual Appreciation
9.75%
Original Mortgage
$105,925
Outstanding Balance
$104,153
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$28,779

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jun 16, 2020
Sold by
Piker Clyde Edward and Piker Mary Ann
Bought by
Sowell Terry Thomas
Seller's Agent
Fred Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Heather Nichols
Nichols Realty Express
List Price
$82,500
Sold Price
$81,500
Premium/Discount to List
-$1,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$82,323
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Haase James E and Haase Diane M
Bought by
Piker Clyde Edward and Piker Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,995
Interest Rate
6.41%
Mortgage Type
VA

Purchase Details

Closed on
Aug 28, 1996
Bought by
Haase
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
Virden Terry $111,500 Professional Land Title
Sowell Terry Thomas $81,500 None Available
Piker Clyde Edward $75,000 None Available
Haase $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virden Terry $105,925
Previous Owner Sowell Terry Thomas $82,323
Previous Owner Piker Clyde Edward $64,952
Previous Owner Piker Clyde Edward $76,995
Previous Owner Haase James E $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $111,500 -7.1% $102 / Sq Ft
07/29/2023 07/29/23 Price Changed $120,000 -7.6% $109 / Sq Ft
07/19/2023 07/19/23 Price Changed $129,900 -7.1% $119 / Sq Ft
07/11/2023 07/11/23 Price Changed $139,900 -6.7% $128 / Sq Ft
07/07/2023 07/07/23 For Sale $149,900 +83.9% $137 / Sq Ft
06/16/2020 06/16/20 Sold $81,500 -1.2% $74 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $82,500 -- $75 / 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 $600 $12,550 $300 $12,250
2023 $176 $12,550 $300 $12,250
2022 $225 $12,550 $300 $12,250
2021 $225 $12,550 $300 $12,250
2020 $598 $12,550 $300 $12,250
2019 $169 $11,380 $300 $11,080
2018 $194 $11,380 $300 $11,080
2017 $539 $11,380 $300 $11,080
2015 -- $13,040 $300 $12,740
2014 -- $13,040 $300 $12,740
2013 -- $13,040 $300 $12,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23021064

Cooperative Arkansas REALTORS® MLS

APN: 4410-05083-0000