NOT LISTED FOR SALE

2/4 & 6/8 Rainsong St Farmington, AR 72730

Estimated Value: $370,758 - $400,000

-- Bed
4 Baths
2,544 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $489,000 $192 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,309/month

22 Days on Market

Highlights

  • 4 Car Attached Garage
  • Privacy Fence
  • Heating System Uses Gas
  • Central Air
  • Carpet
  • 1-Story Property

About This Home

As of September 2019

pending before print, agent owned

Last Agent to Sell the Property

Curtis Stewart

Legend Realty Inc License #SA00054462 Listed on: 08/05/2019

Last Buyer's Agent

Curtis Stewart

Legend Realty Inc License #SA00054462 Listed on: 08/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 2017

Lot Details

  • 0.28 Acre Lot
  • Privacy Fence
  • Wood Fence

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Location

  • City Lot

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3

Community Details

Overview

  • 4 Units
  • Rainsong Sub Subdivision

Building Details

  • Gross Income $43,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Road Frontage Type: Public Road
  • Subdivision Name: Rainsong Sub
  • Directions: pending before print
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2017
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range
  • Basement YN: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: None
  • Living Area: 2544.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Privacy, Wood
  • Lot Features: City Lot, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage

Utilities

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

Schools

  • Junior High Dist: Farmington

Lot Info

  • Additional Parcels Description: 760-02759-000
  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 43920.0

Tax Info

  • Tax Annual Amount: 2194.0
  • Tax Block: 0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Gavdea Holdings Llc
Bought by
Back 9 Property Management Llc
Current Estimated Value
$389,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,415
Outstanding Balance
$197,911
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$191,279

Purchase Details

Closed on
Dec 15, 2017
Sold by
Stewart David Curtis and Stewart Cathy Lynn
Bought by
Candlewick Properties Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Rockwood Investments Llc
Bought by
Stewart David Curtis and Stewart Cathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
8.62%
Mortgage Type
Construction
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
Back 9 Property Management Llc $277,400 Waco Title
Candlewick Properties Llc -- None Available
Stewart David Curtis $50,000 Landtrust Title & Closing In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Back 9 Property Management Llc $229,415
Previous Owner Stewart David Curtis $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $489,000 0.0% $192 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $489,000 -- $192 / 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 $3,145 $64,960 $8,400 $56,560
2024 $2,932 $64,960 $8,400 $56,560
2023 $2,802 $64,960 $8,400 $56,560
2022 $2,548 $47,530 $10,000 $37,530
2021 $2,562 $47,530 $10,000 $37,530
2020 $2,562 $47,530 $10,000 $37,530
2019 $2,076 $38,370 $9,000 $29,370
2018 $2,076 $38,370 $9,000 $29,370
2017 $2,057 $38,370 $9,000 $29,370
2016 $2,057 $38,370 $9,000 $29,370
2015 $2,057 $38,370 $9,000 $29,370
2014 $2,121 $39,580 $9,000 $30,580
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Curtis Stewart

    Legend Realty Inc

    (479) 530-6055

    39 in this area

    185 Total Sales

    Curtis Stewart
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1122834

Northwest Arkansas Board of REALTORS®

APN: 760-02759-000

Arkansas Washington County Farmington 72730

2/4 & 6/8 Rainsong St, Farmington, AR

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