NOT LISTED FOR SALE

140 Rainwood Way Pearcy, AR 71964

Estimated Value: $222,000 - $270,000

3 Beds
2 Baths
1,597 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $200,000 $125 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,368/month

146 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Corner Lot
  • Lake Hamilton Elementary School Rated 9+
  • Sun or Florida Room
  • Paneling

About This Home

As of December 2022

PRICE REDUCED!! Looking for a home in Lake Hamilton School District, don't miss this one! Nice 3BD/2BA with large corner lot in quiet neighborhood, boasting 1.18 acres within walking distance to Lake Hamilton Schools. New HVAC 2019, new roof 2014, new carpet, light fixtures, appliances, kitchen and bath updates in 2022. Large storage shed/shop, circle drive and nice outdoor patio area.

Last Agent to Sell the Property

Rita K Smith

Bluebird Real Estate, LLC Listed on: 07/06/2022

Last Buyer's Agent

Jerry Cochran

Lake Hamilton Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 1974

Lot Details

  • 1.18 Acre Lot
  • Landscaped
  • Corner Lot
  • Sloped Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Lake Hamilton Elementary And Middle School
  • Lake Hamilton High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio, Shop
  • LVT Date: 07/06/2022
  • Price Per Sq Ft: 125.23
  • Road Surface: Paved
  • Street Designation: Way
  • Type: Detached
  • Estimated Year Built: 1974
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Site-Built
  • Bedrooms: 3 Bedrooms Same Level
  • Estimated Sq Ft: 1597
  • Bedrooms: 3
  • Floors: Laminate, Tile, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Refrigerator-Stays
  • Other Rooms: Formal Living Room, Sun Room
  • Stories: One Story
  • Walls Ceilings: Paneling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Tv-Cable
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Schools

  • Elementary School: Lake Hamilton
  • Middle School: Lake Hamilton
  • High School: Lake Hamilton
  • Junior High: Lake Hamilton

Lot Info

  • Estimated Lot Size: 1.18
  • Estimated Lot Size: 1.18 acres
  • Lot: Sloped, Corner Lot, Extra Landscaping, Not In Subdivision
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 1061

MLS Schools

  • Elementary School: Lake Hamilton
  • HighSchool: Lake Hamilton
  • Middle School: Lake Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Dec 15, 2022
Sold by
Thornton Kimberly
Bought by
Harnar Jessica
Seller's Agent
Rita K Smith
Bluebird Real Estate, LLC
Buyer's Agent
Jerry Cochran
Lake Hamilton Realty, Inc.
List Price
$222,500
Sold Price
$200,000
Premium/Discount to List
-$22,500
-10.11%
Views
59
Current Estimated Value
$234,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,795
Avg. Annual Appreciation
6.07%
Original Mortgage
$196,377
Outstanding Balance
$190,874
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$43,921

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 27, 2019
Sold by
Mygatt Larry D
Bought by
Bryns Sherilene O
Seller's Agent
Tara Dixon
Hot Springs 1st Choice Realty
Buyer's Agent
Tara Dixon
Hot Springs 1st Choice Realty
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$140,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2014
Sold by
Mygatt Rosa L
Bought by
Mygatt Rosa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.15%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Mygatt Rosa L and The Rosa L Mygatt Revocable Tr
Bought by
Mygatt Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,020
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1992
Sold by
Not Provided
Bought by
Mygatt Calvin W and Mygatt Rosa L

Purchase Details

Closed on
Jan 1, 1901
Bought by
Willis James G
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
Harnar Jessica $200,000 Proland Title
Bryns Sherilene O $140,000 Advantage Title & Escrow
Mygatt Rosa L -- None Available
Mygatt Larry D $116,700 Garland County Title
Rosa L Mygatt Trust -- None Available
Mygatt Calvin W $52,999 --
Willis James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harnar Jessica $196,377
Previous Owner Byrns Sherlenel O $143,088
Previous Owner Bryns Sherilene O $140,000
Previous Owner Mygatt Rosa L $180,000
Previous Owner Rosa L Mygatt Trust $70,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $200,000 0.0% $125 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $199,999 -7.0% $125 / Sq Ft
10/24/2022 10/24/22 Price Changed $215,000 -3.4% $135 / Sq Ft
10/21/2022 10/21/22 For Sale $222,500 0.0% $139 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $222,500 -10.8% $139 / Sq Ft
08/04/2022 08/04/22 Price Changed $249,500 -4.0% $156 / Sq Ft
07/13/2022 07/13/22 Price Changed $259,995 -4.6% $163 / Sq Ft
07/06/2022 07/06/22 For Sale $272,500 +94.6% $171 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/27/2019 11/27/19 Sold $140,000 -3.4% $88 / Sq Ft
10/25/2019 10/25/19 Price Changed $145,000 -3.3% $91 / Sq Ft
10/15/2019 10/15/19 Price Changed $150,000 -6.2% $94 / Sq Ft
10/07/2019 10/07/19 For Sale $159,900 -- $100 / 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 $1,096 $36,430 $5,220 $31,210
2023 $1,596 $36,430 $5,220 $31,210
2022 $1,232 $36,430 $5,220 $31,210
2021 $1,121 $24,010 $3,140 $20,870
2020 $60 $24,010 $3,140 $20,870
2019 $686 $24,010 $3,140 $20,870
2018 $711 $24,010 $3,140 $20,870
2017 $235 $24,010 $3,140 $20,870
2016 $235 $22,920 $4,130 $18,790
2015 $235 $22,920 $4,130 $18,790
2014 $235 $13,246 $1,090 $12,156
Source: Public Records

Agents Affiliated with this Home

  • Rita K Smith

    Seller's Agent in 2022

    Rita K Smith

    Bluebird Real Estate, LLC

    (870) 245-7365

    132 Total Sales

    Rita K Smith
    Section Image
  • Jerry Cochran

    Buyer's Agent in 2022

    Jerry Cochran

    Lake Hamilton Realty, Inc.

    (501) 282-1500

    55 Total Sales

    Jerry Cochran
    Section Image
  • Tara Dixon

    Seller's Agent in 2019

    Tara Dixon

    Hot Springs 1st Choice Realty

    (501) 590-5122

    177 Total Sales

    Tara Dixon
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22022794

Cooperative Arkansas REALTORS® MLS

APN: 100-20137-000

Arkansas Garland County Pearcy 71964

140 Rainwood Way, Pearcy, AR

This home is located at 140 Rainwood Way, Pearcy, AR 71964 since 06 July 2022 and is currently estimated at $234,795, approximately $147 per square foot. This property was built in 1974. 140 Rainwood Way is a home located in Garland County with nearby schools including Lake Hamilton Primary School, Lake Hamilton Elementary School, and Lake Hamilton Interm. School.

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.

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