$360,000
SOLD MAR 6, 2025

143 S Locust St Farmington, AR 72730

-- Bed
-- Bath
2,770 Sq Ft
0.3 Acres

Recently Sold

$130 Per Sq Ft

9% Below List Price

16 Days on Market

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of March 2025

Discover this charming duplex in Farmington, Arkansas, offering 2,770 total square feet (1,385 sq ft per side). One side was beautifully updated in 2019, making it a modern living space. Both units are currently occupied by reliable tenants, providing immediate rental income. Enjoy the convenience of being just minutes from public schools, restaurants, and quick access to Hwy 62 and I-49. This property is perfect for investors looking to expand their portfolio in a thriving area!

Last Agent to Sell the Property

Greg Harris

Harris Heights Realty Brokerage Phone: 479-420-4292 License #EB00093401 Listed on: 02/08/2025

Last Buyer's Agent

Jonathan Roark

Arkansas Real Estate Group Fayetteville License #SA00087464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1997

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,770 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22

Community Details

Overview

  • 2 Units
  • South Haven Ph Ii Subdivision

Building Details

  • Gross Income $28,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,936

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.3033
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: South Haven Ph Ii
  • Directions: Heading South on I-49. Take Exit 62 onto US-62 west toward AR-180 East, Martin Luther King Jr. Blvd. Turn right onto W Martin Luther King Jr. Blvd. Turn Left onto South Locust St. Destination is on the right
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 479-420-4292
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2770.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools, Sidewalks

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 28440.0

Tax Info

  • Tax Annual Amount: 2936.0
  • Tax Block: -
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Commissioner Of State Lands
Bought by
Turtle Express Llc
Current Estimated Value
$398,157

Purchase Details

Closed on
Nov 15, 1996
Bought by
Arc Electric, Inc.

Purchase Details

Closed on
Feb 11, 1993
Bought by
Commercial Properties, Inc.
Source: Public Records

Range of Values:

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 Type Sale Price Title Company
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $5,671 None Listed On Document
Warranty Deed $20,000 --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2025 03/06/25 Sold $360,000 -8.9% $130 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/08/2025 02/08/25 For Sale $395,000 -- $143 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $2,737 $68,190 $8,550 $59,640
2023 $2,616 $68,190 $8,550 $59,640
2022 $2,378 $44,370 $6,600 $37,770
2021 $2,198 $44,370 $6,600 $37,770
2020 $2,015 $44,370 $6,600 $37,770
2019 $1,839 $33,990 $6,000 $27,990
2018 $1,839 $33,990 $6,000 $27,990
2017 $1,822 $33,990 $6,000 $27,990
2016 $1,822 $33,990 $6,000 $27,990
2015 $1,822 $33,990 $6,000 $27,990
2014 $1,952 $36,410 $6,000 $30,410
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1298241

Northwest Arkansas Board of REALTORS®

APN: 760-02220-000