NOT LISTED FOR SALE

1230 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $440,000 - $618,000

2 Beds
2 Baths
2,938 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $220,000 $75 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,905/month

16 Days on Market

Highlights

  • Private Dock
  • Resort Property
  • River Nearby
  • Boat Slip
  • River View
  • Deck

About This Home

As of July 2019

River front home with boat dock in deep water located in private subdivision just past Lindsey's Rainbow Resort. 2 Br, 2 Ba, 2938 s.f., cypress & rock home w/ 2 car garage, shop,& outdoor storage area sitting on 1 acre w/200 ft of river bank. Master Br w/rock fireplace, Master Bath w/whirlpool tub. Gt Rm and Rec Rm both have wall of windows & decks for river viewing. Newer metal roof & HVAC. Bonus Rm off kitchen & DR. Lots of room for entertaining family & friends.

Last Agent to Sell the Property

Cheryl Baily

Crye*Leike Brock Real Estate Listed on: 06/10/2019

Crye*Leike Brock Real Estate

Co-Listed By

R.D. Wilkinson

RE/MAX Advantage Heber Springs

Last Buyer's Agent

Cheryl Baily

Crye*Leike Brock Real Estate Listed on: 06/10/2019

Crye*Leike Brock Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 1972

Lot Details

  • 1 Acre Lot
  • River Front
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Ridge Vents on the Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,938 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Paneling
  • Wood Ceilings
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Formal Dining Room
  • Game Room
  • Sun or Florida Room
  • River Views
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Outdoor Features

  • River Nearby
  • Boat Slip
  • Private Dock
  • Covered Dock
  • Deck
  • Outdoor Storage
  • Shop

Schools

  • Heber Springs Elementary And Middle School
  • Heber Springs High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Propane
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Resort Property

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,714

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck, Outside Storage Area, Shop, Boat Dock
  • LVT Date: 06/12/2019
  • River: Yes
  • River Name: Little Red River (Arkansas)
  • Road Surface: Paved
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Separate Dining Room
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 2938
  • Bedrooms: 2
  • Floors: Laminate, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Whirlpool/Hot Tub/Spa, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar
  • Kitchen Equip: Free-Standing Stove, Surface Range, Dishwasher, Pantry
  • Other Rooms: Great Room, Game Room, Sun Room
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock, Vault Ceiling, Wood Ceiling

Exterior Features

  • Exterior: Cypress
  • Roof: Metal
  • Waterfront: River, Dock - Covered, Dock Private, Boat Slip

Garage/Parking

  • Parking: Garage, Two Car, Auto Door Opener

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1
  • Estimated Lot Size: 1.00 acre
  • Lot: Sloped, Resort Property, River Front, River View, In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Green Features

  • Energy Features: Ridge Vents/Caps

Tax Info

  • Annual Taxes: 1714

MLS Schools

  • Elementary School: Heber Springs
  • HighSchool: Heber Springs
  • Middle School: Heber Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Mcneely Kay
Bought by
Mcneely Kay and Tripp Wyatt Jimmie
Current Estimated Value
$530,981

Purchase Details

Closed on
Mar 31, 2003
Bought by
Vance Jacqueline J

Purchase Details

Closed on
Aug 5, 1994
Bought by
Cummings Richard and Cummings Priscilla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcneely Kay -- None Available
Vance Jacqueline J $200,000 --
Cummings Richard $125,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $220,000 -26.2% $75 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $298,000 -- $101 / 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 $1,214 $75,211 $15,000 $60,211
2023 $1,289 $75,211 $15,000 $60,211
2022 $1,339 $75,211 $15,000 $60,211
2021 $1,339 $45,233 $14,000 $31,233
2020 $1,339 $45,233 $14,000 $31,233
2019 $1,714 $45,233 $14,000 $31,233
2018 $1,714 $45,233 $14,000 $31,233
2017 $1,714 $45,233 $14,000 $31,233
2016 $1,799 $47,455 $17,000 $30,455
2015 $1,799 $47,455 $17,000 $30,455
2014 -- $47,455 $17,000 $30,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19019018

Cooperative Arkansas REALTORS® MLS

APN: 002-09665-000