NOT LISTED FOR SALE

3006 Summerhill Place Fairfield Bay, AR 72088

Estimated Value: $51,000 - $63,000

1 Bed
1 Bath
470 Sq Ft
$260/mo HOA Fee

Last Sold May 17, 2024

Last sale price $50,000 $106 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $573/month

33 Days on Market

Highlights

  • Marina
  • River Nearby
  • Clubhouse
  • Golf Course Community
  • Community Lake
  • Deck

About This Home

As of May 2024

Come take a look at this upper level condo! Studio condo has a a full kitchen! This condo offers a great deck to enjoy all nature brings. Come enjoy all the amenities Fairfield Bay has to offer!

Last Agent to Sell the Property

Kelly Dowdy

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 02/16/2024

Last Buyer's Agent

Willena Herman

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $166

Year Built

  • Built in 1985

Lot Details

  • 1,307

HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 470 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring
  • Termite Clearance
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Pad
  • Assigned Parking

Outdoor Features

  • River Nearby
  • Deck

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Shared Sewer
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Other Mandatory Fees
  • Golf Course: Indian Hills
  • On-Site Maintenance
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$166

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Restrictions: Covenants
  • Class: Residential
  • Style: Traditional
  • Ext Features: Deck
  • Golf: Yes
  • Golf Course: Indian Hills
  • Inside City Limits: Yes
  • Lake: Yes
  • Lake Name: Greers Ferry
  • LVT Date: 02/16/2024
  • Price Per Sq Ft: 106.38
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Estimated Sq Ft: 470
  • Bedrooms: 1
  • Floors: Vinyl
  • Foundation: Slab
  • Full Bathrooms: 1
  • Kitchen Equip: Free-Standing Stove, Refrigerator-Stays
  • Stories: One Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Metal/Vinyl Siding
  • Roof: Composition

Garage/Parking

  • Parking: Parking Pads, Assigned

Utilities

  • Utilities: Electric-Co-Op, Tv-Cable, Tv-Satellite Dish, Telephone-Private, Community Sewer
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Condo/Co-op/Association

  • Amenities: Swimming Pool(s), Tennis Court(s), Playground, Clubhouse, Picnic Area, Mandatory Fee, Marina, Golf Course, Fitness/Bike Trail
  • Additional Association Condo Fee: 98
  • Additional Fee Frequency: Monthly
  • Condo Association Fee: Grounds, Insurance, Termite Contract
  • Condo Association Fee: 162.38
  • Frequency: Monthly

Lot Info

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

Tax Info

  • Annual Taxes: 166.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 17, 2024
Sold by
Harrell Mary F
Bought by
Hartley Jonathan Dale
Seller's Agent
Kelly Dowdy
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
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%
Views
76
Current Estimated Value
$55,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,192
Avg. Annual Appreciation
7.83%

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 9, 2021
Sold by
Glover Robert L and Glover Linda
Bought by
Harrell Mary F
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Tyler Lathan
Clinton Real Estate
List Price
$28,500
Sold Price
$28,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.99%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Crain John
Bought by
Glover Robert L

Purchase Details

Closed on
Jul 7, 2016
Sold by
Summer Hill Council Of Co Owners
Bought by
Teler Holdings Llc

Purchase Details

Closed on
Jun 13, 2016
Sold by
Thurston John
Bought by
J Fletcher Hanson Jr Living Trust

Purchase Details

Closed on
May 26, 2016
Sold by
Community First Trust Co
Bought by
Summer Hill Council Of Co Owners Inc

Purchase Details

Closed on
May 19, 1999
Bought by
Trust
Source: Public Records

Range of Values:

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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
Hartley Jonathan Dale $50,000 Professional Land Title
Harrell Mary F $28,500 Catc
Harrell Mary F $28,500 None Listed On Document
Glover Robert L $15,000 First National Title Company
Teler Holdings Llc -- None Available
J Fletcher Hanson Jr Living Trust $667 None Available
Summer Hill Council Of Co Owners Inc -- None Available
Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson J Fletcher $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $50,000 -8.9% $106 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/05/2024 03/05/24 Price Changed $54,900 -5.3% $117 / Sq Ft
02/16/2024 02/16/24 For Sale $58,000 +103.5% $123 / Sq Ft
06/07/2021 06/07/21 Sold $28,500 0.0% $59 / Sq Ft
03/24/2021 03/24/21 For Sale $28,500 -- $59 / 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 $179 $3,750 $570 $3,180
2023 $179 $3,750 $570 $3,180
2022 $167 $3,750 $570 $3,180
2021 $167 $3,750 $570 $3,180
2020 $167 $3,750 $570 $3,180
2019 $152 $3,160 $570 $2,590
2018 $152 $3,160 $570 $2,590
2017 $150 $3,160 $570 $2,590
2015 -- $3,420 $570 $2,850
2014 -- $3,420 $570 $2,850
2013 -- $3,420 $570 $2,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24005125

Cooperative Arkansas REALTORS® MLS

APN: 4905-03006-0001