NOT LISTED FOR SALE

240 Rainwood Terrace Pearcy, AR 71964

Estimated Value: $309,000 - $451,000

3 Beds
3 Baths
3,037 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $205,000 $68 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,187/month

37 Days on Market

Highlights

  • Wood Burning Stove
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Lake Hamilton Elementary School Rated 9+
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2013

Great location by Lake Hamilton School. spacious 3 BR/3 BA with bonus room and huge game room. Detached 3 car garage and shed/workshop. New AC/Heat pump March 2013. Lots of house for the money.

Last Agent to Sell the Property

Chianne Capel

Lake Hamilton Realty, Inc. Listed on: 04/15/2013

Last Buyer's Agent

Nadine McCreary

Lake Hamilton Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1975

Lot Details

  • 1.46 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof
  • Metal Siding
  • Cedar

Interior Spaces

  • 3,037 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Game Room
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Double Oven
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 3 Car Detached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Patio

Schools

  • Lake Hamilton Elementary And Middle School
  • Lake Hamilton High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic System
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • Ext Features: Patio
  • Price Per Sq Ft: 67.5
  • Road Surface: Paved
  • Street Designation: Terrace
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Woodburning-Stove
  • Bedrooms: Primary Bedroom/Main Lv, Guest Bedroom/Main Lv, 3 Bedrooms Same Level
  • Other Room 1: BONUS
  • Estimated Sq Ft: 3037
  • Bedrooms: 3
  • Floors: Carpet, Wood, Tile
  • Foundation: Slab/Crawl Combination
  • Full Bathrooms: 3
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-In Shower
  • Kitchen Dim: 19 x 11
  • Kitchen Equip: Double Oven, Dishwasher, Disposal, Ice Maker Connection
  • Living Room Dim: 19 x 15
  • Master Bedroom Dim: 11 x 17
  • Other Room1 Dim: 16 X 24
  • Other Rooms: Game Room, Bonus Room
  • Stories: Tri-Level
  • Walls Ceilings: Sheet Rock, Sheet Rock Ceiling

Exterior Features

  • Exterior: Brick, Metal/Vinyl Siding, Cedar
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Three Car, Detached, Auto Door Opener

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy), Tv-Cable, Tv-Satellite Dish, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Schools

  • Elementary School: Lake Hamilton
  • Middle School: Lake Hamilton
  • High School: Lake Hamilton
  • Junior High: Lake Hamilton

Lot Info

  • Estimated Lot Size: 1.46
  • Estimated Lot Size: 1.46
  • Lot: Sloped, Level
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Annual Taxes: 1502

MLS Schools

  • Elementary School: Lake Hamilton
  • HighSchool: Lake Hamilton
  • Middle School: Lake Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Mullins Gregory L and Mullins Elizabeth Anne
Bought by
Mullins Gregory L
Current Estimated Value
$375,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,700
Outstanding Balance
$130,378
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$223,805

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 21, 2013
Sold by
Hamner Jonathan B and Hamner Katherine P
Bought by
Mullins Gregory L and Mullins Elizabeth Anne
Seller's Agent
Chianne Capel
Lake Hamilton Realty, Inc.
Buyer's Agent
Nadine McCreary
Lake Hamilton Realty, Inc.
List Price
$209,500
Sold Price
$205,000
Premium/Discount to List
-$4,500
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$201,286
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2007
Sold by
Not Provided
Bought by
Hamner Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 2007
Sold by
Not Provided
Bought by
Hamner Jonathan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.37%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2004
Sold by
Not Provided
Bought by
Rascoe Judy G

Purchase Details

Closed on
May 20, 1991
Sold by
Not Provided
Bought by
Rascoe Steven H and Rascoe Judy G

Purchase Details

Closed on
Jan 1, 1901
Bought by
Robbins Robert H
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
Mullins Gregory L -- None Available
Mullins Gregory L -- None Listed On Document
Mullins Gregory L $205,000 Hot Springs Title Company
Hamner Jonathan B $62,000 --
Hamner Jonathan B $62,000 --
Rascoe Judy G -- --
Rascoe Steven H $51,000 --
Robbins Robert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Gregory L $174,700
Closed Mullins Gregory L $174,700
Previous Owner Mullins Gregory L $201,286
Previous Owner Robbins Robert H $140,000
Previous Owner Robbins Robert H $140,000
Previous Owner Hamner Jonathan B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $205,000 -2.1% $68 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $209,500 -- $69 / 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 $2,255 $56,800 $5,550 $51,250
2023 $2,082 $56,800 $5,550 $51,250
2022 $1,983 $56,800 $5,550 $51,250
2021 $1,811 $39,610 $3,350 $36,260
2020 $1,811 $39,610 $3,350 $36,260
2019 $1,751 $39,610 $3,350 $36,260
2018 $1,751 $39,610 $3,350 $36,260
2017 $1,751 $39,610 $3,350 $36,260
2016 $1,648 $37,290 $4,520 $32,770
2015 $1,648 $37,290 $4,520 $32,770
2014 $1,648 $37,290 $4,520 $32,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10347248

Cooperative Arkansas REALTORS® MLS

APN: 100-20125-000