NOT LISTED FOR SALE

Estimated Value: $351,000 - $407,000

Studio
4 Baths
2,344 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $275,000 $117 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,128 / mo

37 Days on Market

Highlights

  • 1 Car Attached Garage
  • Double Pane Windows
  • Ceramic Tile Flooring
  • Eat-In Kitchen
  • Patio
  • Property is near schools

About This Home

As of December 2021

Nice rental property with great income producing ability in Farmington. This 3 bedroom 2 bath, 1 car garage duplex is minutes from I-40 and the University and has active lease agreements for both sides in place.

Last Agent to Sell the Property

Holly Cavenaugh

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00086125 Listed on: 10/22/2021

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Lilia Gamez

LG Home Solutions Real Estate License #PB00058655

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Location

  • Property is near schools
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Block 013

Community Details

Overview

  • 2 Units
  • The Meadow Subdivision

Building Details

  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,590

Year Built

Built in 2000

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: IRR
  • Road Frontage Type: Public Road
  • Subdivision Name: The Meadow
  • Directions: Head west on 62 towards Farmington, take a left on Southwinds Road, take a right on Killdeer Drive, Duplex will be on your left
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2000
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Gas Water Heater, Refrigerator
  • Basement YN: No
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 2344.0
  • Window Features: Double Pane Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Level, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools

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: 22200.0

Tax Info

  • Tax Annual Amount: 1590.0
  • Tax Block: 013
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 29, 2021
Sold by
Mccutcheon Reid S and Mccntcheon Lewel R
Bought by
Seller's Agent
Holly Cavenaugh
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Lilia Gamez
LG Home Solutions Real Estate
List Price
$330,000
Sold Price
$275,000
Premium/Discount to List
-$55,000
-16.67%
Current Estimated Value
$364,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,732
Avg. Annual Appreciation
7.08%
Original Mortgage
$233,750
Outstanding Balance
$210,967
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$167,749

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 30, 2015
Bought by
Mccutcheon Reid S and Mccutcheon Lewel R
Seller's Agent
Joseph Hayes
Keller Williams Market Pro Realty Branch Office
Buyer's Agent
Kathryn Scherer
Arkansas Hills Realty
List Price
$142,500
Sold Price
$139,000
Premium/Discount to List
-$3,500
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Nov 15, 1994
Bought by
Neal Terry

Purchase Details

Closed on
Jan 1, 1994
Bought by
Horizons West Limited Ptnrshp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Farmington, AR

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 None Listed On Document
Mccutcheon Reid S $139,000 --
Neal Terry $75,000 --
Neal Bob -- --
Horizons West Limited Ptnrshp -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $233,750
Previous Owner Mccutcheon Reid S $110,000
Previous Owner Mccutucheon Reid S $109,000
Previous Owner Jones Michelle L $13,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2021 12/29/21 Sold $275,000 -16.7% $117 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $330,000 0.0% $141 / Sq Ft
02/06/2020 02/06/20 For Rent $900 0.0% --
02/06/2020 02/06/20 Rented $900 0.0% --
04/30/2015 04/30/15 Sold $139,000 -2.5% $59 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $142,500 -- $61 / Sq Ft
Source: ArkansasOne MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,496 $55,910 $9,000 $46,910
2024 $1,524 $55,910 $9,000 $46,910
2023 $1,590 $55,910 $9,000 $46,910
2022 $1,544 $35,800 $6,000 $29,800
2021 $1,832 $35,800 $6,000 $29,800
2020 $1,679 $35,800 $6,000 $29,800
2019 $1,532 $28,320 $6,000 $22,320
2018 $1,532 $28,320 $6,000 $22,320
2017 $1,518 $28,320 $6,000 $22,320
2016 $1,518 $28,320 $6,000 $22,320
2015 $1,518 $28,320 $6,000 $22,320
2014 $1,590 $29,660 $6,000 $23,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ArkansasOne MLS

MLS Number: 1201709

ArkansasOne MLS

APN: 760-02039-000

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