NOT LISTED FOR SALE

2315 Rainbow Rd Conway, AR 72032

Downtown Conway Neighborhood

Estimated Value: $211,000 - $246,000

3 Beds
2 Baths
1,458 Sq Ft
$158/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2023

Last sale price $208,000 $143 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,378 / mo

5 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • Tile Flooring
  • Conway Junior High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of June 2023

Very cute home. Nice floorplan with newer paint. Large patio in the fenced backyard. Showings start Saturday & Sunday

Last Agent to Sell the Property

Shawn Cervantes

LPT Realty Conway Listed on: 05/05/2023

LPT Realty Conway

Last Buyer's Agent

Jesse Sullivan

ERA TEAM Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Brick Frame
  • Composition Roof

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Family Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1993

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Residential
  • Style: Contemporary
  • Ext Features: Patio, Fully Fenced
  • Inside City Limits: Yes
  • LVT Date: 05/05/2023
  • Road Surface: Paved
  • Type: Detached
  • Estimated Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Bedrooms: Primary Bedroom Apart, 3 Bedrooms Same Level
  • Estimated Sq Ft: 1458
  • Bedrooms: 3
  • Floors: Carpet, Tile, Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interiors: Window Treatments, Ceiling Fan(s)
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Refrigerator-Stays
  • Other Rooms: Den/Family Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Brick & Frame Combo
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Sewer-Public, Water-Public, Electric-Co-Op, Gas-Natural
  • Heat Air: Central Cool-Electric, Central Heat-Gas

Lot Info

  • Estimated Lot Size: 0.19
  • Estimated Lot Size: .19
  • Lot: Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 1410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 9, 2023
Sold by
Vail Brett and Vail Kristen
Bought by
Wofford Derek Clayton
Seller's Agent
Shawn Cervantes
LPT Realty Conway
Buyer's Agent
Jesse Sullivan
ERA TEAM Real Estate
List Price
$215,000
Sold Price
$208,000
Premium/Discount to List
-$7,000
-3.26%
Views
52
Current Estimated Value
$229,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,983
Avg. Annual Appreciation
3.53%
Original Mortgage
$204,232
Outstanding Balance
$198,334
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$31,649

Purchase Details

Listed on
Jul 2, 2019
Closed on
Aug 19, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Vail Brett and Vail Kristen
Seller's Agent
Sherry Atkinson
ERA TEAM Real Estate
Buyer's Agent
Shawn Cervantes
LPT Realty Conway
List Price
$134,950
Sold Price
$142,000
Premium/Discount to List
$7,050
5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$139,428
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2019
Sold by
Caliber Home Loans Inc
Bought by
Secreatary Of Veterans Affairs

Purchase Details

Closed on
Apr 15, 2019
Sold by
Riley Paul Francis and Riley Lillian T
Bought by
Caliber Home Loans Inc

Purchase Details

Closed on
May 23, 2006
Bought by
Hawks

Purchase Details

Closed on
May 19, 2006
Sold by
Roemer David A
Bought by
Hawks Casey

Purchase Details

Closed on
May 18, 2006
Bought by
Roemer

Purchase Details

Closed on
May 17, 2006
Bought by
Roemer

Purchase Details

Closed on
Nov 24, 2003
Bought by
Roemer

Purchase Details

Closed on
May 17, 2000
Sold by
Spradlin Kenneth Dale and Spradlin Debra Faye
Bought by
Roemer David Alan

Purchase Details

Closed on
Oct 28, 1997
Bought by
Morehead

Purchase Details

Closed on
Aug 5, 1997
Bought by
Charles Sontag

Purchase Details

Closed on
Oct 6, 1994
Bought by
Sontag

Purchase Details

Closed on
Mar 3, 1994
Bought by
John and Ola Hawks

Purchase Details

Closed on
Mar 1, 1994
Bought by
Palmer

Purchase Details

Closed on
Dec 29, 1993
Bought by
Palmer
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
Wofford Derek Clayton $208,000 Faulkner County Title Company
Vail Brett $142,000 Faulkner County Title Co
Secreatary Of Veterans Affairs -- None Available
Caliber Home Loans Inc $105,903 None Available
Hawks $124,000 --
Hawks Casey $124,000 None Available
Hawks $124,000 --
Roemer -- --
Roemer -- --
Roemer $44,000 --
Roemer David Alan -- None Available
Morehead $86,000 --
Charles Sontag -- --
Sontag $77,000 --
John -- --
Palmer -- --
Palmer $14,000 --
Palmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wofford Derek Clayton $204,232
Previous Owner Vail Brett $139,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $208,000 +1.5% $143 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $205,000 -4.7% $141 / Sq Ft
05/05/2023 05/05/23 For Sale $215,000 +51.4% $147 / Sq Ft
08/23/2019 08/23/19 Sold $142,000 +5.2% $97 / Sq Ft View Prior Sale
07/11/2019 07/11/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $134,950 +10.6% $93 / Sq Ft
08/19/2015 08/19/15 Sold $122,000 -7.6% $84 / Sq Ft View Prior Sale
07/20/2015 07/20/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $132,000 -- $91 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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 $1,909 $37,720 $4,000 $33,720
2024 $1,909 $37,720 $4,000 $33,720
2023 $1,465 $28,950 $4,000 $24,950
2022 $1,411 $28,950 $4,000 $24,950
2021 $1,293 $28,950 $4,000 $24,950
2020 $1,176 $23,240 $4,000 $19,240
2019 $801 $23,240 $4,000 $19,240
2018 $826 $23,240 $4,000 $19,240
2017 $826 $23,240 $4,000 $19,240
2016 $826 $23,240 $4,000 $19,240
2015 $885 $24,410 $4,000 $20,410
2014 $885 $24,410 $4,000 $20,410
Source: Public Records

Agents Affiliated with this Home

  • Shawn Cervantes

    Seller's Agent in 2023

    Shawn Cervantes

    RE/MAX

    (501) 697-1573

    12 in this area

    74 Total Sales

    Shawn Cervantes
    Section Image
  • Jesse Sullivan

    Buyer's Agent in 2023

    Jesse Sullivan

    ERA TEAM Real Estate

    (501) 504-5384

    31 in this area

    126 Total Sales

    Jesse Sullivan
    Section Image
  • Sherry Atkinson

    Seller's Agent in 2019

    Sherry Atkinson

    ERA TEAM Real Estate

    (501) 940-3490

    1 in this area

    23 Total Sales

    Sherry Atkinson
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Paul Nahlen

    ERA TEAM Real Estate

  • T

    Seller's Agent in 2015

    Tracy Hunt

    NextHome Local Realty Group

See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23013501

Cooperative Arkansas REALTORS® MLS

APN: 710-08769-020

Arkansas Faulkner County Conway 72032 Downtown Conway

2315 Rainbow Rd, Conway, AR

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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