NOT LISTED FOR SALE

126 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $423,000 - $549,000

3 Beds
2 Baths
2,798 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $265,000 $95 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,567/month

27 Days on Market

Highlights

  • Safe Room
  • Vaulted Ceiling
  • Great Room
  • RV Access or Parking
  • Traditional Architecture
  • Porch

About This Home

As of August 2014

Private, country living only 5 minutes from town! This beautiful 3 bd, 2 ba home is wonderfully maintained & move in ready! Spacious & unique it boasts an enormous great room w/vaulted ceiling, built-in large screen tv, fireplace, office area & 8 x 16 poured concrete safe room, kitchen/den/dining area is cozy, warm & well appointed. Garage is 1600 sf, heated & cooled (not incl in home sf), 80x40 shop is insulated, wired & plumbing is roughed in. Come see what you've been missing! See agent remarks.

Last Agent to Sell the Property

Katharine Bryan

Crye*Leike Brock Real Estate Listed on: 06/20/2014

Last Buyer's Agent

Reba Yow

Crye*Leike Brock Real Estate

Crye*Leike Brock Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1989

Lot Details

  • 3.41 Acre Lot
  • Rural Setting
  • Partially Fenced Property
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Ridge Vents on the Roof
  • Composition Roof

Interior Spaces

  • 2,798 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Sheet Rock Walls or Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Combination Kitchen and Dining Room
  • Safe Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shop
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Electric
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Porch, Partially Fenced, Guttering, Shop, Rv Parking
  • Legal 2: PT W1/2 NE1/4 NW 1/4
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Detached
  • Estimated Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Dining Room: Eat-In Kitchen, Kitchen/Dining Combo, Breakfast Bar, Kitchen/Den
  • Fireplace: Gas Starter, Gas Logs Present
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 2798
  • Bedrooms: 3
  • Floors: Carpet, Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Built-Ins
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays, Ice Maker Connection
  • Other Rooms: Great Room, Safe/Storm Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling, Vault Ceiling

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Four Car Or More

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas, Zoned Units

Lot Info

  • Estimated Lot Size: 3.41
  • Estimated Lot Size: 3.41
  • Lot: Level, Rural Property, Not In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Ridge Vents/Caps

Tax Info

  • Annual Taxes: 1596
  • Year: 2013

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
Nov 3, 2016
Sold by
Waldrup Samuel E and Samuel E Waldrup Revocable Tru
Bought by
Redinger Joshua E and Newman Cheryl M
Current Estimated Value
$464,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$135,130
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$329,217

Purchase Details

Listed on
Jun 20, 2014
Closed on
Aug 18, 2014
Bought by
Waldrup Sam Trustee & Waldrup and Eva Trustee
Seller's Agent
Katharine Bryan
Crye*Leike Brock Real Estate
Buyer's Agent
Reba Yow
Crye*Leike Brock Real Estate
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
May 25, 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
$275,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Oct 4, 2001
Bought by
Thompson Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Redinger Joshua E $210,000 Cornerstone Title
Waldrup Sam Trustee & Waldrup $265,000 --
Swan Jonathan W $20,000 None Available
Thompson Scott M -- --
Thompson Nancy S -- --
Thompson Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redinger Joshua E $168,000
Previous Owner Swan Jonathan W $275,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Sold $265,000 -8.3% $95 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $289,000 -- $103 / 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 $1,371 $57,633 $4,660 $52,973
2023 $1,365 $57,633 $4,660 $52,973
2022 $1,333 $57,633 $4,660 $52,973
2021 $1,252 $42,929 $2,330 $40,599
2020 $1,252 $42,929 $2,330 $40,599
2019 $1,252 $42,929 $2,330 $40,599
2018 $1,277 $42,929 $2,330 $40,599
2017 $1,627 $42,929 $2,330 $40,599
2016 $1,078 $42,126 $3,200 $38,926
2015 $1,247 $42,126 $3,200 $38,926
2014 $1,597 $42,126 $3,200 $38,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10391415

Cooperative Arkansas REALTORS® MLS

APN: 001-02120-001