118 Richwood Dr Fairfield Bay, AR 72088
Estimated payment $1,055/month
Total Views
4,528
2
Beds
2
Baths
1,218
Sq Ft
$94
Price per Sq Ft
Highlights
- Marina
- Deck
- Screened Porch
- Golf Course Community
- Stream or River on Lot
- Community Pool
About This Home
SELLER OFFERING CREDIT TOWARDS BUYER COSTS!!!!! Don't miss out on this special benefit! Large, one-level condo is clean & ready to go! Brand NEW carpet (May '25). The 2 bedrooms are quite spacious. Living-dining combo allows for varied furniture arrangement, plus open to the kitchen. The kitchen cabinets are white & bright, as are the appliances. You'll love all of the counter space, multiple drawers and cabinets for storage!! Besides the new carpet in bedrooms, other flooring is nice wood laminate & vinyl. The stacked washer-dryer is only 2 yrs old, & included. One bedroom has a screen deck, & the other has an open deck. Entry walkway, plus 2 private decks, just stained 7/25! This unit has 2 covered parking spaces, which is a rare benefit. If you are looking for an investment property to rent, this condo has a great 9-yr. rental history!!! Great for you to scale down a bit, and have carefree living. Either as a rental or your residence, both are perfect options! The Terraces are centrally & conveniently located to amenities, shopping, restaurants, churches, walking and ATV trails. Call for info about Fairfield Bay Resort fees, & the Terrace Association dues. AR!
Listing Agent
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 05/09/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $530
Year Built
- Built in 1980
Lot Details
- Sloped Lot
HOA Fees
Home Design
- Metal Roof
- Metal Siding
Interior Spaces
- 1,218 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Insulated Windows
- Window Treatments
- Insulated Doors
- Combination Dining and Living Room
- Screened Porch
- Crawl Space
- Washer Hookup
Kitchen
- Breakfast Bar
- Electric Range
- Stove
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Detached Garage
- Carport
- Assigned Parking
Outdoor Features
- Stream or River on Lot
- Deck
Utilities
- Heat Pump System
- Co-Op Electric
- Electric Water Heater
- Shared Sewer
- Satellite Dish
- Cable TV Available
Community Details
Overview
- Other Mandatory Fees
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Playground
- Community Pool
- Bike Trail
Additional Features
- Picnic Area
- Security Service
Map
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Home Values in the Area
Average Home Value in this Area
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 | $424 | $11,210 | $2,400 | $8,810 |
| 2023 | $424 | $11,210 | $2,400 | $8,810 |
| 2022 | $49 | $11,210 | $2,400 | $8,810 |
| 2021 | $49 | $11,210 | $2,400 | $8,810 |
| 2020 | $49 | $11,210 | $2,400 | $8,810 |
| 2019 | $49 | $11,210 | $2,400 | $8,810 |
| 2018 | $74 | $11,210 | $2,400 | $8,810 |
| 2017 | $420 | $11,210 | $2,400 | $8,810 |
| 2015 | -- | $8,860 | $2,400 | $6,460 |
| 2014 | -- | $8,860 | $2,400 | $6,460 |
| 2013 | -- | $8,860 | $2,400 | $6,460 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $120,000 | +4.4% | $88 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $114,900 | +22.2% | $94 / Sq Ft |
| 05/20/2025 05/20/25 | Sold | $94,000 | -20.7% | $72 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $118,500 | +24.7% | $97 / Sq Ft |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $95,000 | -5.5% | $72 / Sq Ft |
| 11/04/2024 11/04/24 | Sold | $100,500 | -1.0% | $72 / Sq Ft |
| 09/22/2024 09/22/24 | Pending | -- | -- | -- |
| 09/21/2024 09/21/24 | For Sale | $101,500 | 0.0% | $73 / Sq Ft |
| 09/12/2024 09/12/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $101,500 | +306.0% | $73 / Sq Ft |
| 07/02/2015 07/02/15 | Sold | $25,000 | 0.0% | $24 / Sq Ft |
| 06/10/2015 06/10/15 | For Sale | $25,000 | -37.5% | $24 / Sq Ft |
| 04/01/2015 04/01/15 | Sold | $40,000 | -11.1% | $30 / Sq Ft |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- |
| 01/28/2015 01/28/15 | For Sale | $45,000 | -- | $34 / Sq Ft |
Source: Cooperative Arkansas REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,500 | Professional Land Title | |
| Warranty Deed | $57,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,000 | New Conventional |
Source: Public Records
Similar Homes in Fairfield Bay, AR
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25018315
APN: 4904-00056-0014
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