NOT LISTED FOR SALE

22655 Folsom Point Garfield, AR 72732

Estimated Value: $441,000 - $611,000

2 Beds
1 Bath
1,112 Sq Ft
$480/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $145,000 $130 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $3,111/month

8 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • Cathedral Ceiling
  • Garfield Elementary School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2015

Finest View on the Lake. Sits atop stairstep bluffs that look like your landscaper placed them there. Overlooks Indian Creek Cove and Park. Great get a way cabin or full time home. Newly stained and sealed exterior. 2 lots plus a boat slip. Easy Access.,Check out all the photos for the best views around. Your own Mountain perch.

Last Agent to Sell the Property

Stephanie Kelly

Larry Kelly & Assoc. Realty License #SA00062556 Listed on: 07/20/2015

Last Buyer's Agent

Stephanie Kelly

Larry Kelly & Assoc. Realty License #SA00062556 Listed on: 07/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1996

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 362 x 322
  • Property fronts a county road
  • South Facing Home
  • Secluded Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Lake Views
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Storage

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • Indian Point 5Th Add Rurban Subdivision

Listing and Financial Details

  • Tax Lot 7,8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.54
  • Lot Size: 362 x 322
  • Road Frontage Type: County Road, Public Road
  • Road Surface Type: Gravel
  • Subdivision Name: Indian Point 5Th Add Rurban
  • Directions: Hwy 62E to Indian Creek Road. Right on Indian Creek road to Indian Point Road, Left to Folsom Point Road, Left to First Driveway on left
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1112.0

Exterior Features

  • Fencing: None
  • Lot Features: Not In Subdivision, Outside City Limits, Secluded, Sloped, Views, Wooded
  • View: Lake
  • View: Yes
  • Construction Type: Frame
  • Direction Faces: South
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Stone
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Propane, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane, Phone Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N

Tax Info

  • Tax Annual Amount: 1290.0
  • Tax Block: 0
  • Tax Lot: 7,8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 28, 2015
Sold by
Sullivan Paul M
Bought by
Painter Eugene and Painter Shannon
Seller's Agent
Stephanie Kelly
Larry Kelly & Assoc. Realty
Buyer's Agent
Stephanie Kelly
Larry Kelly & Assoc. Realty
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$533,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,792
Avg. Annual Appreciation
13.46%
Original Mortgage
$115,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Pettigrew Charles R and Pettigrew Joan
Bought by
Sealy Don and Sealy Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1972
Bought by
Pettigrew
Source: Public Records

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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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
Painter Eugene $145,000 Pci Advance Title Llc
Sealy Don $125,000 None Available
Pettigrew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Painter Eugene $115,000
Previous Owner Sealy Don $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $145,000 0.0% $130 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $145,000 -- $130 / 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 $3,675 $72,068 $9,174 $62,894
2024 $1,228 $56,663 $9,174 $47,489
2023 $1,117 $27,874 $4,448 $23,426
2022 $1,209 $26,630 $3,200 $23,430
2021 $1,127 $26,630 $3,200 $23,430
2020 $979 $15,400 $3,400 $12,000
2019 $979 $15,400 $3,400 $12,000
2018 $935 $15,400 $3,400 $12,000
2017 $935 $15,400 $3,400 $12,000
2016 $881 $15,400 $3,400 $12,000
2015 $1,115 $23,190 $3,300 $19,890
2014 $1,290 $23,190 $3,300 $19,890
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Stephanie Kelly

    Larry Kelly & Assoc. Realty

    6 Total Sales

    Stephanie Kelly
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 739692

Northwest Arkansas Board of REALTORS®

APN: 15-03983-000

Arkansas Benton County Garfield 72732

22655 Folsom Point, Garfield, AR

Not Listed for Sale

Detached

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