NOT LISTED FOR SALE

16723 Summer Rain Rd Fayetteville, AR 72701

Estimated Value: $335,000 - $441,000

3 Beds
2 Baths
1,690 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $410,000 $243 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,313/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Garage Apartment
  • Community Lake
  • McNair Middle School Rated A-
  • Lake View
  • Deck

About This Home

As of April 2024

Easily the best view in Fayetteville, this 3 acre property on Round Mountain backs up to city owned Lake Sequoyah lakefront and the White River below the Spillway, offering peace and quiet with a million dollar view yet only 9 miles away from downtown Fayetteville. Would be a great AirBNB! Property is located outside of Fayetteville City Limits.
This adorable boho rustic 3 BR /2 Bath cabin features multilevel decks with a year around view of the lake, brand new side deck, fruit trees, raised garden beds, two fire pit areas, completely remodeled bathroom and luxurious walk-in shower. Lower level bedroom is wired and plumbed for a full kitchen perfect for in-law suite or rental. The one car garage and storage room could become additional living space to expand the square footage of this home. Lake Sequoyah Park offers boating, fishing, nature watching, picnicking and hiking. The park has a boat ramp and courtesy dock. Don't miss out on the chance to own this charming getaway so close to town!

Last Agent to Sell the Property

Melissa Walker

Flyer Homes Real Estate License #SA00090297 Listed on: 03/14/2024

Last Buyer's Agent

Darlene Floyd

First Real Estate License #SA00087895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 2003

Lot Details

  • 3 Acre Lot
  • Property fronts a county road
  • Landscaped
  • Secluded Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Lake Views
  • Finished Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Apartment
  • Workshop in Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • TV Antenna

Community Details

Overview

  • No Home Owners Association
  • 16 16 29 Subdivision
  • Community Lake
  • Near a National Forest

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Water Body Name: Lake Sequoyah
  • Subdivision Name: 16-16-29
  • Directions: From AR 265- Crossover Road, Turn left onto Wyman Road, in 4 miles turn right onto Summer Rain Road, County Road 306, turn right at green mailbox into driveway.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2003
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Has Basement: Finished, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Simulated Wood, Wood
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Programmable Thermostat, See Remarks, Walk-In Closet(s), In-Law Floorplan, Storage
  • Living Area: 1690.0
  • Dining Room Type: Additl. Living Suite, Bonus Room, Garage Apartment, In-Law Suite, Storage Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Landscaped, Not In Subdivision, Outside City Limits, Secluded, Views, Wooded
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Construction Type: Block, Concrete, Rock, Stucco
  • Exterior Features: Gravel Driveway, TV Antenna
  • Foundation Details: Block, Crawlspace, Slab
  • Other Structures: None, Garage Apartment
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, RV Access/Parking, Workshop in Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Near National Forest, Trails/Paths
  • Association: No

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1345.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jun 26, 2020
Sold by
Blackwell Bruce Brenda and Blackwell Brenda Bruce
Bought by
Lawson Emily Faun and Wilson Kathryn Anne
Seller's Agent
Kathy Ball
Lindsey & Associates Inc
Buyer's Agent
Kathy Ball
Lindsey & Associates Inc
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%
Current Estimated Value
$402,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,840
Avg. Annual Appreciation
10.20%
Original Mortgage
$227,598
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 5, 2012
Sold by
Blackwell Bruce Brenda
Bought by
Revocab Bruce Brenda Blackwell and Brenda Blackwell Bruce Revocable Trust

Purchase Details

Closed on
Jan 20, 2010
Sold by
Blackwell Bruce Brenda
Bought by
Blackwell Bruce Brenda and Brenda Blackwell Bruce Trust

Purchase Details

Closed on
Sep 25, 2009
Sold by
Hedge Richard
Bought by
Blackwell Bruce Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.16%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2004
Sold by
Hedge Richard
Bought by
Mhoon Shane M and Mhoon Kayla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,134
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Lawson Emily Faun $240,000 Realty Ttl & Closing Svcs Ll
Revocab Bruce Brenda Blackwell -- None Available
Blackwell Bruce Brenda -- Mercury Title Llc
Blackwell Bruce Brenda $165,000 Mercury Title Llc
Mhoon Shane M $45,000 Heritage Land Title Of Ar
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lawson Emily Faun $227,598
Previous Owner Blackwell Bruce Brenda $162,011
Previous Owner Mhoon Shane M $45,134
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2024 04/17/24 Sold $410,000 -2.4% $243 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $420,000 +75.0% $249 / Sq Ft
07/01/2020 07/01/20 Sold $240,000 -11.1% $142 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
07/13/2018 07/13/18 For Sale $269,900 -- $160 / 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 $2,324 $45,300 $14,000 $31,300
2024 $1,866 $45,300 $14,000 $31,300
2023 $1,740 $45,300 $14,000 $31,300
2022 $1,651 $30,130 $12,380 $17,750
2021 $1,651 $30,130 $12,380 $17,750
2020 $1,554 $30,130 $12,380 $17,750
2019 $1,419 $26,050 $8,500 $17,550
2018 $1,069 $26,050 $8,500 $17,550
2017 $995 $26,050 $8,500 $17,550
2016 $1,055 $26,050 $8,500 $17,550
2015 $1,380 $26,050 $8,500 $17,550
2014 $1,251 $23,060 $8,380 $14,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1267923

Northwest Arkansas Board of REALTORS®

APN: 001-10574-003