NOT LISTED FOR SALE

2 W Rainsong St Farmington, AR 72730

2.2 Acres
-- Price per Acre
95,832 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $140,000

161 Days on Market

Highlights

  • Home fronts a creek
  • Creek or Stream
  • Level Lot
  • 2.2 Acre Lot

About This Lot

As of March 2022

Amazing development opportunity in growing city of Farmington. 2.2 acres zoned for multi-family (MF-1) use and could accomodate either a single family home or a development of several multi-family structures, possibly 5-7 duplexes. Located in the Southwinds & Grasslands residential complex, the lot is located on a street with other duplexes and close to Peachtree Village. All utilities at street. East side of lot does have a Zone A Flood plain due to small creek, but foundation elevations could be arrange during construction to apply for exemption certificate. Also listed as MLS# 1197441

Last Agent to Sell the Property

Kristin Springston-Mann

Select Real Estate Group License #PB00075238 Listed on: 09/10/2021

Last Buyer's Agent

Noel Castaneda

Dick Weaver And Associate Inc License #SA00062788

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $970

Lot Details

  • 2.2 Acre Lot
  • Home fronts a creek
  • Creek or Stream
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Zoning described as Multi Family

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Not Connected to Sewer
  • Cable TV Available

Community Details

  • Grasslands Sub Ph 2 Subdivision

Listing and Financial Details

  • Tax Lot 17

Property Details

Property Type

Land

Est. Annual Taxes

$970

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.2
  • Road Frontage Type: Public Road
  • Subdivision Name: Grasslands Sub Ph 2
  • Directions: On W. Rainsong St in Farmington. From Hwy 62, you can turn onto either Hunter St (Hwy 170) or Southwinds Rd to get to Rainsong St. Lot is large open lot next to Peachtree Village (separated by wooded creekline).
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Development, Residential, Unimproved

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, City Lot, Neighborhood, Open Lot, Subdivision, Flood Zone, Level, Stream/Creek
  • Topography: Cleared,Level
  • Waterfront Features: Creek, None
  • Disclosures: Flood Plain Disclosure

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Community Features: Curbs, Suburban

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 970.0
  • Tax Block: .
  • Tax Lot: 17

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $140,000 -30.0% --
02/19/2022 02/19/22 Pending -- -- --
09/10/2021 09/10/21 For Sale $200,000 -- --
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1197437

Northwest Arkansas Board of REALTORS®