NOT LISTED FOR SALE

2230 Rainbow Rd Conway, AR 72032

Downtown Conway Neighborhood

Estimated Value: $184,000 - $237,000

3 Beds
2 Baths
1,399 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $142,000 $102 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,257/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Great Room
  • Central Heating and Cooling System
  • Conway Junior High School Rated A-
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of February 2020

Wow priced to go quickly. Great home in great location in Conway. Call and come see today.

Last Agent to Sell the Property

Gelinda Mudgett

RE/MAX Elite Conway Branch Listed on: 12/31/2019

RE/MAX Elite Conway Branch

Last Buyer's Agent

Spencer Hawks

Hawks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1998

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Parking Pad

Schools

  • Conway Elementary And Middle School
  • Conway High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 12/31/2019
  • Price Per Sq Ft: 101.5
  • Road Surface: Paved
  • Termite Company: Legacy
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Dining Room: Living/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1399
  • Bedrooms: 3
  • Floors: Laminate, Carpet
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Smoke Detector(s)
  • Kitchen Equip: Electric Range, Dishwasher, Disposal, Ice Maker Connection
  • Other Rooms: Great Room
  • Stories: One Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Brick
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Parking Pads, One Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Elec-Municipal (+Entergy), Gas-Natural, Tv-Cable, Telephone-Private, All Underground
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Schools

  • Elementary School: Conway
  • Middle School: Conway
  • High School: Conway
  • Junior High: Conway

Lot Info

  • Estimated Lot Size: 0.19
  • Estimated Lot Size: 70x120
  • Lot: In Subdivision
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 1145
  • Year: 2019

MLS Schools

  • Elementary School: Conway
  • HighSchool: Conway
  • Middle School: Conway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Morales Eduard Millan and Millan Miah Sanders
Bought by
Aladaco Investments Llc
Current Estimated Value
$213,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Outstanding Balance
$26,161
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$183,996

Purchase Details

Listed on
Dec 31, 2019
Closed on
Feb 14, 2020
Sold by
King Michael B and King Beverly K
Bought by
Morales Eduard Millan and Millan Sanders
Seller's Agent
Gelinda Mudgett
RE/MAX Elite Conway Branch
Buyer's Agent
Spencer Hawks
Hawks Realty
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$122,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2017
Sold by
Stamps Ricky and Stamps Alta
Bought by
King Michael K and King Beverly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1995
Bought by
Stamps

Purchase Details

Closed on
Jan 18, 1994
Bought by
Grissom

Purchase Details

Closed on
Sep 29, 1993
Bought by
Shock
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
Aladaco Investments Llc $182,000 Faulkner County Title Co
Morales Eduard Millan $142,000 Lenders Title Company
King Michael K $125,000 None Available
Stamps $69,000 --
Grissom $125,000 --
Shock $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aladaco Investments Llc $163,800
Previous Owner Morales Eduard Millan $122,000
Previous Owner King Michael K $122,735
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $142,000 -3.4% $102 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/31/2019 12/31/19 Price Changed $147,000 -1.9% $105 / Sq Ft
12/31/2019 12/31/19 For Sale $149,900 -- $107 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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
2024 $1,490 $35,520 $4,000 $31,520
2023 $1,355 $26,770 $4,000 $22,770
2022 $1,355 $26,770 $4,000 $22,770
2021 $980 $26,770 $4,000 $22,770
2020 $771 $22,640 $4,000 $18,640
2019 $1,146 $22,640 $4,000 $18,640
2018 $1,146 $22,640 $4,000 $18,640
2017 $915 $22,640 $4,000 $18,640
2016 $482 $16,440 $4,000 $12,440
2015 $832 $22,980 $4,000 $18,980
2014 $482 $22,980 $4,000 $18,980
Source: Public Records

Agents Affiliated with this Home

  • Gelinda Mudgett

    Seller's Agent in 2020

    Gelinda Mudgett

    RE/MAX

    (501) 514-5379

    7 in this area

    117 Total Sales

    Gelinda Mudgett
    Section Image
  • Spencer Hawks

    Buyer's Agent in 2020

    Spencer Hawks

    Hawks Realty

    (501) 764-6847

    17 in this area

    78 Total Sales

    Spencer Hawks
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19039933

Cooperative Arkansas REALTORS® MLS

APN: 710-08769-098

Arkansas Faulkner County Conway 72032 Downtown Conway

2230 Rainbow Rd, Conway, AR

This home is located at 2230 Rainbow Rd, Conway, AR 72032 since 31 December 2019 and is currently estimated at $213,634, approximately $152 per square foot. This property was built in 1998. 2230 Rainbow Rd is a home located in Faulkner County with nearby schools including Ida Burns Elementary School, Conway Junior High School, and Ruth Doyle Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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