NOT LISTED FOR SALE

3005 Summerhill Place Fairfield Bay, AR 72088

Estimated Value: $52,000 - $61,582

1 Bed
1 Bath
480 Sq Ft
$256/mo HOA Fee

Last Sold March 04, 2024

Last sale price $62,000 $129 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $578/month

3 Days on Market

Highlights

  • Marina
  • River Nearby
  • Furnished
  • Golf Course Community
  • Deck
  • Community Pool

About This Home

As of March 2024

Lovely updated Efficiency/Studio Unit. End unit with a bay window for more Natural light. Full kitchen with an island. Q bed, small sofa and coffee table. Electric fireplace cabinet. Full bath. All furniture and linens, decor and kitchen items are included. Rear deck looks out over wooded area. Washer/dryer closet is on deck. All appliances also included. Great for residence, or a fun getaway or remote office, or even an investment property. Take a look and be impressed!!! Call for details on Condo Assoc. dues, and the Resort Membership dues and service fees.

Last Agent to Sell the Property

Willena Herman

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 01/31/2024

Last Buyer's Agent

Jeff Cornelius

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $189

Year Built

  • Built in 1985

Lot Details

  • 1,307

HOA Fees

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Composition Shingle

Interior Spaces

  • 480 Sq Ft Home
  • Furnished
  • Wired For Data
  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Parking Pad
  • Assigned Parking

Outdoor Features

  • River Nearby
  • Deck

Utilities

  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Shared Sewer

Community Details

Overview

  • Other Mandatory Fees

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Bike Trail

Additional Features

  • Picnic Area
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$189

Year Built

Built in 1985

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants, Min Rights Do Not Convey, Ordinances
  • Class: Residential
  • Ext Features: Deck
  • Inside City Limits: Yes
  • LVT Date: 02/02/2024
  • Price Per Sq Ft: 129.17
  • Road Surface: Paved
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1985
  • Internet Type: Internet-DSL, Internet-Fiber
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 344
  • Year Built: 1985

Interior Features

  • Dining Room: Living/Dining Combo
  • Fireplace: Electric Logs
  • Estimated Sq Ft: 480
  • Bedrooms: 1
  • Floors: Luxury Vinyl
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Furnished, Wired For Highspeed Inter
  • Kitchen Equip: Free-Standing Stove, Microwave, Electric Range, Refrigerator-Stays

Exterior Features

  • Exterior: Frame, Composition
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads, One Car, Assigned

Utilities

  • Utilities: Water-Public, Electric-Co-Op, Some Util Avl-Not On Prop, Community Sewer
  • Heat Air: Heat Pump

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Security, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail
  • Additional Association Condo Fee: 98
  • Condo Association Fee: 158.38
  • Frequency: Monthly

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Lot Info

  • Lot: In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 189.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Nov 18, 2022
Sold by
Gipson Dakota Wyatt
Bought by
Mcguffin Karen S
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
List Price
$33,000
Sold Price
$33,000
Current Estimated Value
$56,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,646
Avg. Annual Appreciation
21.55%

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 24, 2021
Sold by
Epsom William J and Epsom Ursel
Bought by
Gipson Dakota Wyatt
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
List Price
$25,500
Sold Price
$25,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Epsom William J and Epsom Ursel
Bought by
Thomas Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,900
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Bought by
Epsom William J

Purchase Details

Closed on
Sep 29, 2005
Sold by
Smith David A and Smith Wanda S
Bought by
Ridout John L and Ridout Natividad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Mcguffin Karen S $32,000 Abstract & Title Co
Gipson Dakota Wyatt $25,500 None Available
Thomas Karen $12,900 None Available
Epsom William J -- --
Ridout John L $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Karen $11,900
Previous Owner Ridout John L $9,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $62,000 -3.1% $129 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $64,000 +93.9% $133 / Sq Ft
11/18/2022 11/18/22 Sold $33,000 0.0% $69 / Sq Ft
11/09/2022 11/09/22 For Sale $33,000 +29.4% $69 / Sq Ft
03/25/2021 03/25/21 Sold $25,500 0.0% $53 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $25,500 -- $53 / 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 $188 $3,930 $570 $3,360
2023 $188 $3,930 $570 $3,360
2022 $188 $3,930 $570 $3,360
2021 $188 $3,930 $570 $3,360
2020 $174 $3,930 $570 $3,360
2019 $158 $3,300 $570 $2,730
2018 $158 $3,300 $570 $2,730
2017 $156 $3,300 $570 $2,730
2015 -- $3,550 $570 $2,980
2014 -- $3,550 $570 $2,980
2013 -- $3,550 $570 $2,980
Source: Public Records

Agents Affiliated with this Home

  • Willena Herman

    Seller's Agent in 2024

    Willena Herman

    Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

    (501) 253-1419

    177 Total Sales

    Willena Herman
    Section Image
  • Jeff Cornelius

    Buyer's Agent in 2024

    Jeff Cornelius

    Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

    (501) 316-8268

    15 Total Sales

    Jeff Cornelius
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24003404

Cooperative Arkansas REALTORS® MLS

APN: 4905-03005-0001

Arkansas Van Buren County Fairfield Bay 72088

3005 Summerhill Place, Fairfield Bay, AR

This home is located at 3005 Summerhill Place, Fairfield Bay, AR 72088 since 31 January 2024 and is currently estimated at $56,646, approximately $118 per square foot. This property was built in 1985. 3005 Summerhill Place is a home located in Van Buren County with nearby schools including Shirley Elementary School and Shirley High 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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