NOT LISTED FOR SALE

16745 Summer Rain Rd Fayetteville, AR 72701

Estimated Value: $685,000 - $754,000

3 Beds
2.5 Baths
2,468 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $360,000 $146 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,057/month

36 Days on Market

Highlights

  • Lake View
  • Fireplace in Kitchen
  • Secluded Lot
  • McNair Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of July 2016

Winding driveway thru mature trees to this gorgeous dream home with a view! High-end finishes throughout in a quiet, private setting. Too much to list here, so see attached amenities list for more info. Light & Bright with lots of windows, mature landscaping, flexible floorplan, huge walk-in closet w/built-ins in MBR, Luxurous MB, hidden "secret" room, Fantastic Kitchen w/island, hearth room w/fireplace, cozy living room, high ceilings, huge pantry, 2 offices! Must see to appreciate! Unique-on 3 ac.

Last Agent to Sell the Property

Chris Payton

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00046553 Listed on: 05/16/2016

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

John Morgan

Coldwell Banker Harris McHaney & Faucette -Fayette License #AB00074096

Coldwell Banker Harris McHaney & Faucette -Fayette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 2000

Lot Details

  • 3 Acre Lot
  • Property fronts a county road
  • Dirt Road
  • Rural Setting
  • Picket Fence
  • Fenced Front Yard
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Cabin
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Wood Frame Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Storage Room
  • Washer and Dryer Hookup
  • Wood Flooring
  • Lake Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Additional Features

  • Accessible Doors
  • Outside City Limits

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 2000

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: Dirt, Gravel
  • Subdivision Name: .
  • Directions: From Crossover Road (Hwy 265 near Hwy 16) take Wyman road East as far as you can go, then at "T" take a right on Summer Rain Rd. go for about 1 mile to property on right. You know you're getting close when you top the hill and see Lake Sequoyah on right
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Propane Appliances, Convection Oven, Counter Top, Dishwasher, Disposal, Microwave, Oven, Propane Water Heater, Refrigerator, Self Cleaning Oven, Plumbed For Ice Maker
  • Other Equipment: Satellite Dish
  • Accessibility Features: Accessible Doors
  • Has Basement: None, Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Kitchen, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic, Built-in Features, Central Vacuum, Eat-in Kitchen, Pantry, Quartz Counters, See Remarks, Walk-In Closet(s), Wired for Sound, Storage
  • Living Area: 2468.0
  • Dining Room Type: Bonus Room, Storage Room
  • Window Features: Double Pane Windows, Other, See Remarks, Wood Frames, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Front Yard, Picket
  • Lot Features: Cleared, Hardwood Trees, Landscaped, Level, Outside City Limits, Rural Lot, Secluded, Views, Wooded
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Home Warranty: Yes
  • Construction Type: Concrete
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck, Porch, Screened
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Parking Features: Detached, Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2921.0
  • Tax Block: .
  • Tax Lot: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 22, 2016
Sold by
Mills Ron P and Keen Mills Sharla
Bought by
Bay Jill Dawn and Bay Michael Edward
Seller's Agent
Chris Payton
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
John Morgan
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$718,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,628
Avg. Annual Appreciation
7.75%
Original Mortgage
$245,000
Outstanding Balance
$195,183
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$523,445

Purchase Details

Closed on
Dec 30, 2015
Bought by
Keen & Mills Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Bay Jill Dawn $360,000 City Title & Closing Llc
Keen & Mills Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bay Jill Dawn $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $360,000 -4.0% $146 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $375,000 -- $152 / 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 $3,316 $114,930 $14,000 $100,930
2024 $3,246 $114,930 $14,000 $100,930
2023 $3,210 $114,930 $14,000 $100,930
2022 $3,167 $70,330 $12,380 $57,950
2021 $3,031 $70,330 $12,380 $57,950
2020 $2,542 $63,780 $12,380 $51,400
2019 $2,406 $52,180 $8,500 $43,680
2018 $2,431 $52,180 $8,500 $43,680
2017 $235 $52,180 $8,500 $43,680
2016 $2,405 $52,180 $8,500 $43,680
2015 $2,405 $52,180 $8,500 $43,680
2014 $2,921 $62,160 $8,380 $53,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1016876

Northwest Arkansas Board of REALTORS®

APN: 001-10574-004