NOT LISTED FOR SALE

124 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $215,000 - $262,000

2 Beds
2 Baths
1,144 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $210,000 $184 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,293/month

371 Days on Market

Highlights

  • RV Access or Parking
  • Furnished
  • Log Cabin
  • Wood Flooring
  • Home Office
  • Porch

About This Home

As of March 2023

.3 of a mile from Greers Ferry Dam.Fishing or skiing is just a few minutes from your door. 9" Log home that offers,huge granite bar, wood floors, metal roof and a 624 Square foot carport,great for parking your boat.24x62 Storage building has sleeping quarter too!The bedroom is heated and cooled. 528 sq. ft. covered porch(220 wire) that has plenty of room for grills and entertaining friends and family.The log home could easily be converted to a 2 or 3 bedroom home.2 electric hookups for RV's. Fully furnished

Last Agent to Sell the Property

Shelia Hill

Crye*Leike Brock Real Estate Listed on: 03/04/2022

Crye*Leike Brock Real Estate

Last Buyer's Agent

David Hamilton

Venture Realty Group - Cabot

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1995

Lot Details

  • 1.71 Acre Lot
  • Rural Setting
  • Level Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dry Bar
  • Ceiling Fan
  • Open Floorplan
  • Home Office
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Co-Op Electric
  • Propane
  • Electric Water Heater
  • Septic System
  • Satellite Dish

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,743

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Log
  • Ext Features: Porch, Outside Storage Area, Rv Parking
  • LVT Date: 03/04/2022
  • Road Surface: Gravel, Paved
  • Street Designation: Road
  • Type: Detached
  • Estimated Year Built: 1995
  • Internet Type: Internet-Satellite
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: Guest Bedroom Apart, Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1144
  • Bedrooms: 2
  • Floors: Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Dry Bar, Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Walk-In Closet(s), Ceiling Fan(s), Furnished
  • Kitchen Equip: Free-Standing Stove, Gas Range, Refrigerator-Stays
  • Other Rooms: Office/Study
  • Stories: One Story

Exterior Features

  • Exterior: Log
  • Roof: Metal

Garage/Parking

  • Parking: Carport, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Satellite Dish, Tank Owned Other
  • Heat Air: Central Heat-Gas, Central Heat-Electric, Heat Pump

Schools

  • Junior High: Heber Springs

Lot Info

  • Estimated Lot Size: 1.71
  • Estimated Lot Size: 1.71
  • Lot: Level, Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1742.64

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 17, 2023
Sold by
Swan Jonathan W
Bought by
Blake Steven R and Blake Mitzi G
Seller's Agent
Shelia Hill
Crye*Leike Brock Real Estate
Buyer's Agent
David Hamilton
Venture Realty Group - Cabot
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Views
282
Current Estimated Value
$239,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,456
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Thompson Scott M and Thompson Victoria L
Bought by
Swan Jonathan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2002
Bought by
Thompson Scott M and Thompson Victoria

Purchase Details

Closed on
Oct 4, 2001
Bought by
Thompson Scott M and Thompson Victoria L

Purchase Details

Closed on
Apr 7, 2000
Bought by
Thompson Nancy Sue

Purchase Details

Closed on
Feb 1, 1981
Bought by
Thompson Jack M and Nancy Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Blake Steven R $210,000 Professional Land Title
Swan Jonathan W $20,000 None Available
Thompson Scott M -- --
Thompson Nancy S -- --
Thompson Scott M -- --
Thompson Nancy Sue -- --
Thompson Jack M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swan Jonathan W $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $210,000 -4.5% $184 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $219,900 0.0% $192 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
06/25/2022 06/25/22 Price Changed $219,900 -4.3% $192 / Sq Ft
06/22/2022 06/22/22 For Sale $229,900 0.0% $201 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $229,900 -- $201 / 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 $335 $22,038 $3,420 $18,618
2023 $817 $22,038 $3,420 $18,618
2022 $749 $22,038 $3,420 $18,618
2021 $306 $17,958 $1,710 $16,248
2020 $306 $17,958 $1,710 $16,248
2019 $306 $17,958 $1,710 $16,248
2018 $331 $17,958 $1,710 $16,248
2017 $331 $17,958 $1,710 $16,248
2016 $351 $18,500 $2,736 $15,764
2015 $701 $18,500 $2,736 $15,764
2014 $787 $20,756 $4,992 $15,764
Source: Public Records

Agents Affiliated with this Home

  • Shelia Hill

    Seller's Agent in 2023

    Shelia Hill

    Crye-Leike

    (501) 250-7025

    82 Total Sales

    Shelia Hill
    Section Image
  • David Hamilton

    Buyer's Agent in 2023

    David Hamilton

    Venture Realty Group - Cabot

    (501) 278-0295

    32 Total Sales

    David Hamilton
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22006812

Cooperative Arkansas REALTORS® MLS

APN: 001-02120-000

Arkansas Cleburne County Heber Springs 72543

124 Rainbow Rd, Heber Springs, AR

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes