NOT LISTED FOR SALE

16562 Rainbow Dr Rogers, AR 72756

Estimated Value: $216,389 - $340,000

3 Beds
1 Bath
960 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 05, 2013

Last sale price $77,000 $80 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,522/month

54 Days on Market

Highlights

  • RV Access or Parking
  • Lake View
  • Property is near a park
  • Eastside Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of November 2013

Lake area home, winter lake view, nestled in private .5 acre lot, new windows, siding, roof, heat & air. Close to boat ramp, new heat has built in humidifier. 100% financing available w/ $0 down thru RD loan!

Last Agent to Sell the Property

Chuck Gay

Crye-Leike Realtors Beaver Lake License #PB00055793 Listed on: 08/12/2013

Last Buyer's Agent

Jenny Hallman

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds
  • Lake Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck

Location

  • Property is near a park
  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Satellite Dish

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 184 & 185 / 1

Community Details

Overview

  • Beaver Shores Unit 1 Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: IRREGULAR
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Beaver Shores Unit 1
  • Directions: HWY 12 E/ SOUTH ON BEAVER SHORES RD TO LEFT ON CYPRESS R/ELM L/RAINBOW RD ON LEFT
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1983
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Self Cleaning Oven, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Living Area: 960.0
  • Window Features: Double Pane Windows, Vinyl, Blinds, Drapes

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Cleared, Landscaped, Near Park, Outside City Limits, Subdivision, Views
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Park

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning Description: Residential
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 595.0
  • Tax Block: 1
  • Tax Lot: 184 & 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Nov 5, 2013
Sold by
Holcomb Shirley A
Bought by
Schmitz Steven J
Seller's Agent
Chuck Gay
Crye-Leike Realtors Beaver Lake
Buyer's Agent
Jenny Hallman
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$79,000
Sold Price
$77,000
Premium/Discount to List
-$2,000
-2.53%
Current Estimated Value
$271,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,347
Avg. Annual Appreciation
11.14%
Original Mortgage
$75,605
Outstanding Balance
$55,391
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$215,956

Purchase Details

Closed on
Nov 29, 1993
Bought by
Holcomb

Purchase Details

Closed on
Apr 22, 1987
Bought by
Cummings
Source: Public Records

Range of Values:

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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
Schmitz Steven J $77,000 Mercury Title
Holcomb $50,000 --
Cummings $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Steven J $75,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2013 11/05/13 Sold $77,000 -2.5% $80 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $79,000 -- $82 / 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
2025 $996 $27,332 $3,200 $24,132
2024 $861 $27,332 $3,200 $24,132
2023 $783 $18,400 $800 $17,600
2022 $927 $18,400 $800 $17,600
2021 $860 $18,400 $800 $17,600
2020 $796 $12,520 $1,600 $10,920
2019 $796 $12,520 $1,600 $10,920
2018 $796 $12,520 $1,600 $10,920
2017 $677 $12,520 $1,600 $10,920
2016 $677 $12,520 $1,600 $10,920
2015 $598 $12,430 $1,200 $11,230
2014 $673 $12,430 $1,200 $11,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 687553

Northwest Arkansas Board of REALTORS®

APN: 15-00344-000