NOT LISTED FOR SALE

22656 Folsom Point Garfield, AR 72732

Estimated Value: $461,000 - $655,000

3 Beds
2 Baths
2,232 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $335,000 $150 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,020/month

80 Days on Market

Highlights

  • Lake View
  • Deck
  • Wood Flooring
  • Garfield Elementary School Rated A-
  • Wooded Lot
  • Granite Countertops

About This Home

As of October 2022

This Beaver Lake view home could be your perfect getaway! The numerous windows and huge deck make it easy to enjoy the outdoors! And with a boat launch ramp roughly 1/3 of a mile from the house, you’ll be on the water in no time! The main floor has a large living room that is open to the full kitchen. Custom wood and tile floors, stainless appliances, wood burning fireplace, large garage and storage area, and room to bring your friends!

Last Agent to Sell the Property

Adam Biossat

Bay Realty, Inc. License #EB00055442 Listed on: 06/13/2022

Last Buyer's Agent

Adriana Scala

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00083901

Coldwell Banker Harris McHaney & Faucette-Rogers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1985

Lot Details

  • 0.8 Acre Lot
  • Dirt Road
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Fiberglass Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Workshop
  • Lake Views
  • Finished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Indian Point 5Th Addition Subdivision

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Frontage Type: Shared
  • Road Surface Type: Dirt
  • Water Body Name: Beaver Lake
  • Subdivision Name: Indian Point 5th Addition
  • Directions: Indian Creek Road to left onto Folsom Point Road. Follow to the house on your left with sign.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1985

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave Hood Fan, Microwave, Refrigerator
  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Ceramic Tile, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, None, Workshop
  • Living Area: 2232.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, None, Views, Wooded
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Septic Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1523.0
  • Tax Block: N/A
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 21, 2022
Sold by
Wenger 2016 Trust
Bought by
Mcpherson David Arlen and Mcpherson Kimberly Lynne
Seller's Agent
Adam Biossat
Bay Realty, Inc.
Buyer's Agent
Adriana Scala
Coldwell Banker Harris McHaney & Faucette-Rogers
List Price
$374,900
Sold Price
$335,000
Premium/Discount to List
-$39,900
-10.64%
Views
4
Current Estimated Value
$536,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,500
Avg. Annual Appreciation
15.80%
Original Mortgage
$268,000
Outstanding Balance
$257,624
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$278,876

Purchase Details

Closed on
Jun 22, 2016
Sold by
Wenger Peter B and Wenger Jill G
Bought by
Wenger Peter B and Wenger Jill G

Purchase Details

Closed on
Jan 3, 2013
Sold by
Lynch Mickey and Lynch Janet
Bought by
The M B Lynch Supplemental Gst Non Exemp

Purchase Details

Listed on
Feb 9, 2012
Closed on
Aug 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Lynch Mickey B and Lynch Janet L
Seller's Agent
Angie Laney
Lindsey & Assoc Inc Branch
Buyer's Agent
Julie Weaver
Lake Country Realty
List Price
$169,900
Sold Price
$100,000
Premium/Discount to List
-$69,900
-41.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%

Purchase Details

Listed on
Feb 9, 2012
Closed on
Aug 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Patten Randall and Patten Constance
Seller's Agent
Angie Laney
Lindsey & Assoc Inc Branch
Buyer's Agent
Julie Weaver
Lake Country Realty
List Price
$169,900
Sold Price
$100,000
Premium/Discount to List
-$69,900
-41.14%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Mccracken Joanne M and Degn Mark A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 23, 2000
Bought by
Mccracken

Purchase Details

Closed on
Dec 15, 1995
Bought by
Gold

Purchase Details

Closed on
Sep 30, 1975
Bought by
Redman
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
Mcpherson David Arlen $335,000 City Title & Closing
Wenger Peter B -- None Available
The M B Lynch Supplemental Gst Non Exemp -- None Available
Lynch Mickey B -- None Available
Patten Randall -- Stewart Title Of Ar Inc
Federal National Mortgage Association -- None Available
Mccracken -- --
Gold $87,000 --
Redman $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpherson David Arlen $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $335,000 -10.6% $150 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $374,900 +162.2% $168 / Sq Ft
09/01/2015 09/01/15 Sold $143,000 -36.4% $64 / Sq Ft View Prior Sale
08/02/2015 08/02/15 Pending -- -- --
07/30/2014 07/30/14 For Sale $225,000 +125.0% $101 / Sq Ft
08/24/2012 08/24/12 Sold $100,000 -41.1% $49 / Sq Ft View Prior Sale
07/25/2012 07/25/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $169,900 -- $83 / 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 $2,601 $95,293 $6,600 $88,693
2024 $2,342 $95,293 $6,600 $88,693
2023 $2,230 $46,360 $3,200 $43,160
2022 $1,448 $46,360 $3,200 $43,160
2021 $1,750 $46,360 $3,200 $43,160
2020 $1,615 $26,380 $3,400 $22,980
2019 $1,615 $26,380 $3,400 $22,980
2018 $1,536 $26,380 $3,400 $22,980
2017 $1,444 $26,380 $3,400 $22,980
2016 $1,444 $26,380 $3,400 $22,980
2015 $1,838 $38,220 $3,300 $34,920
2014 $2,013 $38,220 $3,300 $34,920
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adam Biossat

    Bay Realty, Inc.

    (479) 253-7777

    155 Total Sales

    Adam Biossat
    Section Image

  • A

    Buyer's Agent in 2022

    Adriana Scala

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 276-0493

    21 Total Sales

    Adriana Scala
    Section Image

  • J

    Seller's Agent in 2015

    Julie Weaver

    Lake Country Realty

  • F

    Seller Co-Listing Agent in 2015

    Faith Marshall

    Coldwell Banker Harris McHaney & Faucette-Rogers

  • A

    Seller's Agent in 2012

    Angie Laney

    Lindsey & Assoc Inc Branch

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1221322

Northwest Arkansas Board of REALTORS®

APN: 15-03981-000

Arkansas Benton County Garfield 72732

22656 Folsom Point, Garfield, AR

Not Listed for Sale

Detached

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