NOT LISTED FOR SALE

166 & 168 W Rainsong St Farmington, AR 72730

Estimated Value: $345,000 - $386,000

-- Bed
4 Baths
2,284 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $350,000 $153 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,123/month

15 Days on Market

Highlights

  • 1 Car Attached Garage
  • Luxury Vinyl Plank Tile Flooring
  • Level Lot
  • Shops
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2023

Investment opportunity. Farmington duplex close to schools and shopping. Each unit has 3 bedrooms, 2 bathrooms, 1 car garage, and fenced back yard. Updated with vinyl plank flooring, fresh paint, and gutters.

Last Agent to Sell the Property

Bleaux Barnes

Mathias Real Estate License #EB00071263 Listed on: 09/25/2023

Co-Listed By

Dave Layman

Mathias Real Estate License #PB00078825

Last Buyer's Agent

Kyle Atkins

Arkansas Real Estate Group Fayetteville License #EB00080416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1996

Lot Details

  • 9,222 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 15

Community Details

Overview

  • 2 Units
  • The Meadow Ph II Subdivision

Additional Features

  • Shops
  • Gross Income $31,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,667

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.2117
  • Road Frontage Type: Shared
  • Co List Office Mls Id: 93138
  • Co List Office Phone: 479-251-9400
  • Subdivision Name: The Meadow Ph II
  • Directions: I-49 South, Exit 62, West on MLK to Farmington, South on Southwinds Rd, left to Rainsong, second Duplex on left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1996
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Basement YN: No
  • Flooring: Laminate, Luxury Vinyl Plank, Simulated Wood
  • Living Area: 2284.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

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, Shopping, 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: 31080.0

Tax Info

  • Tax Annual Amount: 1667.0
  • Tax Block: N/A
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 1995
Bought by
Ogden Earl L and Family Trust
Current Estimated Value
$361,667

Purchase Details

Closed on
Jan 1, 1995
Bought by
Horizons West
Source: Public Records

Range of Values:

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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
Ogden Earl L $24,000 --
Horizons West -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $350,000 -5.6% $153 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $370,915 -- $162 / 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 $2,636 $51,780 $9,000 $42,780
2024 $2,661 $51,780 $9,000 $42,780
2023 $2,775 $51,780 $9,000 $42,780
2022 $1,725 $32,180 $6,000 $26,180
2021 $1,667 $32,180 $6,000 $26,180
2020 $1,528 $32,180 $6,000 $26,180
2019 $1,394 $25,770 $6,000 $19,770
2018 $1,394 $25,770 $6,000 $19,770
2017 $1,381 $25,770 $6,000 $19,770
2016 $1,381 $25,770 $6,000 $19,770
2015 $1,381 $25,770 $6,000 $19,770
2014 $1,493 $27,850 $6,000 $21,850
Source: Public Records

Agents Affiliated with this Home

  • Bleaux Barnes

    Seller's Agent in 2023

    Bleaux Barnes

    Mathias Real Estate

    (479) 530-9320

    21 in this area

    126 Total Sales

    Bleaux Barnes
    Section Image
  • Dave Layman

    Seller Co-Listing Agent in 2023

    Dave Layman

    Mathias Real Estate

    (479) 263-4000

    6 in this area

    245 Total Sales

    Dave Layman
    Section Image
  • Kyle Atkins

    Buyer's Agent in 2023

    Kyle Atkins

    Arkansas Real Estate Group Fayetteville

    (479) 713-0548

    19 in this area

    121 Total Sales

    Kyle Atkins
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1254646

Northwest Arkansas Board of REALTORS®

APN: 760-02191-000

Arkansas Washington County Farmington 72730

166 & 168 W Rainsong St, Farmington, AR

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