NOT LISTED FOR SALE

118 Richwood Dr Fairfield Bay, AR 72088

Estimated Value: $113,060 - $122,000

2 Beds
2 Baths
1,491 Sq Ft
$175/mo HOA Fee

Last Sold May 31, 2024

Last sale price $92,995 $62 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $846/month

66 Days on Market

Highlights

  • Golf Course Community
  • Sun or Florida Room
  • Community Playground
  • Contemporary Architecture
  • Community Pool
  • Tile Flooring

About This Home

As of May 2024

This lovely unit in the desirable upper Terraces is move-in ready. There is a ramp at the entry for easy access. The living/dining combo is bright, and the kitchen includes all appliances. There is a delightful sunroom that is heated and cooled for year-round use. The attic has storage, as does the walk-in crawl space. Call today to see this unique property!

Last Agent to Sell the Property

Jeff Cornelius

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 03/10/2024

Last Buyer's Agent

Jeff Cornelius

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 03/10/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $520

Year Built

  • Built in 1980

Lot Details

  • Sloped Lot

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Tile Flooring
  • Crawl Space
  • Termite Clearance
  • Electric Range
  • Washer Hookup

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Listing and Financial Details

  • Assessor Parcel Number 4904-00039-0010

Community Details

Overview

  • Other Mandatory Fees
  • On-Site Maintenance

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$520

Year Built

Built in 1980

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Restrictions: Covenants, Min Rights Do Not Convey
  • Class: Residential
  • Style: Contemporary
  • Inside City Limits: Yes
  • Legal 2: Fairfield Bay, Van Buren Count
  • LVT Date: 03/11/2024
  • Price Per Sq Ft: 62.37
  • Road Surface: Paved
  • Street Designation: Drive
  • Type: Condo/Townhse/Duplex/Apt
  • Estimated Year Built: 1980
  • Internet Type: Internet-Wireless
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv
  • Estimated Sq Ft: 1491
  • Bedrooms: 2
  • Floors: Tile
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Smoke Detector(s), Walk-In Shower
  • Kitchen Equip: Electric Range, Refrigerator-Stays
  • Other Rooms: Sun Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Metal

Garage/Parking

  • Parking: Two Car

Utilities

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

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Playground, Mandatory Fee, Golf Course
  • Additional Fee Frequency: Monthly
  • Condo Association Fee: Grounds, Insurance, Termite Contract
  • Condo Association Fee: 175
  • Frequency: Monthly

Green Features

  • Energy Features: Insulated Windows

Lot Info

  • Lot: Sloped
  • Geo Subdivision: AR
  • Parcel Number: 4904-00039-0010

Tax Info

  • Annual Taxes: 95.06
  • Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
Jun 4, 2024
Sold by
Yancey Dealia Ann
Bought by
Davis Kelly James
Seller's Agent
Jeff Cornelius
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Jeff Cornelius
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
List Price
$119,000
Sold Price
$92,995
Premium/Discount to List
-$26,005
-21.85%
Views
99
Current Estimated Value
$116,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,020
Avg. Annual Appreciation
19.02%

Purchase Details

Listed on
Mar 1, 2015
Closed on
Nov 4, 2015
Sold by
Pitt Howard W and Pitt Lillian A
Bought by
Yancey Dealia A
Seller's Agent
Melissa Clifton
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
V. Dale Tice
Nichols Realty Express
List Price
$59,000
Sold Price
$46,000
Premium/Discount to List
-$13,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$41,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Us Bank Na Nd
Bought by
Pitt Howard W and Pitt Lillian A

Purchase Details

Closed on
Jul 23, 2004
Bought by
Us Bank

Purchase Details

Closed on
May 20, 1996
Bought by
Buchner

Purchase Details

Closed on
Jun 30, 1994
Bought by
Kuna
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
Davis Kelly James $92,995 Professional Land Title Of Ark
Yancey Dealia A $46,000 None Available
Pitt Howard W $39,000 Cornstone Title & Escrow Ser
Us Bank $47,400 --
Buchner $58,000 --
Kuna $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yancey Dealia A $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $92,995 -21.9% $62 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
03/10/2024 03/10/24 For Sale $119,000 +40.0% $80 / Sq Ft
02/09/2024 02/09/24 Sold $85,000 -9.6% $64 / Sq Ft
12/29/2023 12/29/23 Sold $94,000 +6.2% $86 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
12/09/2023 12/09/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $88,500 -6.8% $67 / Sq Ft
09/08/2023 09/08/23 Price Changed $95,000 -4.9% $87 / Sq Ft
08/10/2023 08/10/23 Price Changed $99,900 -9.1% $91 / Sq Ft
07/14/2023 07/14/23 Price Changed $109,900 -12.1% $100 / Sq Ft
06/30/2023 06/30/23 Sold $125,000 -3.5% $114 / Sq Ft
05/10/2023 05/10/23 For Sale $129,500 +12.7% $118 / Sq Ft
04/25/2023 04/25/23 For Sale $114,900 +29.1% $105 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
01/04/2023 01/04/23 Sold $89,000 0.0% $64 / Sq Ft
11/11/2022 11/11/22 Price Changed $89,000 -6.3% $64 / Sq Ft
09/10/2022 09/10/22 For Sale $95,000 -20.8% $69 / Sq Ft
08/23/2022 08/23/22 Sold $120,000 -7.6% $85 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $129,900 +46.0% $92 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/19/2022 04/19/22 Sold $89,000 0.0% $73 / Sq Ft
02/13/2022 02/13/22 For Sale $89,000 -15.2% $73 / Sq Ft
11/02/2021 11/02/21 Sold $105,000 -19.2% $76 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $129,900 -13.4% $94 / Sq Ft
09/11/2021 09/11/21 For Sale $150,000 +284.6% $109 / Sq Ft
04/15/2016 04/15/16 Sold $39,000 -15.2% $32 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
11/02/2015 11/02/15 Sold $46,000 -5.2% $35 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
08/06/2015 08/06/15 Sold $48,500 -14.8% $34 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $56,900 -3.6% $47 / Sq Ft
03/01/2015 03/01/15 For Sale $59,000 -21.2% $45 / Sq Ft
05/23/2014 05/23/14 For Sale $74,900 +22.8% $53 / Sq Ft
08/29/2012 08/29/12 Sold $61,000 -12.7% $47 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $69,900 -- $54 / 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 $520 $10,880 $1,740 $9,140
2023 $459 $9,600 $1,740 $7,860
2022 $84 $9,600 $1,740 $7,860
2021 $84 $9,600 $1,740 $7,860
2020 $459 $9,600 $1,740 $7,860
2019 $459 $9,600 $1,740 $7,860
2018 $459 $9,600 $1,740 $7,860
2017 $455 $9,600 $1,740 $7,860
2015 -- $10,610 $1,740 $8,870
2014 -- $10,610 $1,740 $8,870
2013 -- $10,610 $1,740 $8,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24008121

Cooperative Arkansas REALTORS® MLS

APN: 4904-00039-0010