$55,900
SOLD JAN 8, 2025

3016 Summerhill Place Fairfield Bay, AR 72088

1 Bed
1 Bath
480 Sq Ft
$98/mo HOA Fee

Recently Sold

$116 Per Sq Ft

13% Below List Price

Highlights

  • Stream or River on Lot
  • Main Floor Primary Bedroom
  • 1-Story Property
  • Traditional Architecture
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2025

Under contract before listed

Last Agent to Sell the Property

Adam Treece

RE/MAX Elite Conway Branch Listed on: 12/09/2024

RE/MAX Elite Conway Branch

Last Buyer's Agent

Adam Treece

RE/MAX Elite Conway Branch Listed on: 12/09/2024

RE/MAX Elite Conway Branch

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $190

Year Built

  • Built in 1986

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Tile Flooring

Kitchen

  • Stove
  • <<microwave>>

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Stream or River on Lot

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Shared Sewer

Property Details

Home Type

Condominium

Est. Annual Taxes

$190

Year Built

Built in 1986

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • Class: Residential
  • Style: Traditional
  • Inside City Limits: Yes
  • LVT Date: 01/08/2025
  • Price Per Sq Ft: 116.46
  • Road Surface: Paved
  • Street Designation: Place
  • Type: Condo/Townhse/Duplex/Apt
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Fireplace: Electric Logs
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 480
  • Bedrooms: 1
  • Floors: Tile
  • Full Bathrooms: 1
  • Kitchen Equip: Built-In Stove, Free-Standing Stove, Microwave
  • Other Rooms: Den/Family Room
  • Stories: One Story

Exterior Features

  • Exterior: Frame, Wood
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Assigned

Utilities

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

Condo/Co-op/Association

  • Condo Association Fee: 98
  • Frequency: Monthly

Lot Info

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

Tax Info

  • Annual Taxes: 189.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 8, 2025
Sold by
Lyle Guy Real Estate Llc
Bought by
Bristow Christina A
Seller's Agent
Adam Treece
RE/MAX Elite Conway Branch
Buyer's Agent
Adam Treece
RE/MAX Elite Conway Branch
List Price
$64,000
Sold Price
$55,900
Premium/Discount to List
-$8,100
-12.66%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%

Purchase Details

Listed on
Sep 7, 2021
Closed on
Feb 23, 2022
Sold by
Anders Allison E
Bought by
Lyle Guy Real Estate Llc
Seller's Agent
Tracy Davis
Landry Greers Ferry Lake Realty
Buyer's Agent
Jacquelyn Rohrer
Landry Greers Ferry Lake Realty
List Price
$52,000
Sold Price
$48,000
Premium/Discount to List
-$4,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$39,100
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2020
Sold by
Ray Nathan and Litton Jerrod
Bought by
Anders Allison E

Purchase Details

Closed on
Apr 13, 2012
Sold by
Sheeran James R and Sheeran Cindy T
Bought by
Tharp Bobby

Purchase Details

Closed on
Dec 29, 2004
Bought by
Meng Dynasty

Purchase Details

Closed on
Apr 19, 2004
Bought by
Regions Bank

Purchase Details

Closed on
Oct 6, 2003
Bought by
Regions

Purchase Details

Closed on
Jun 26, 2003
Bought by
State

Purchase Details

Closed on
Jun 1, 2000
Bought by
Shasta View

Purchase Details

Closed on
Oct 12, 1998
Bought by
Lonnie C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,900 Lenders Title
Warranty Deed $55,900 Lenders Title
Warranty Deed $48,000 First National Title
Warranty Deed $20,500 First National Title Company
Warranty Deed -- None Available
Deed $41,000 --
Deed $500 --
Deed $70,000 --
Deed -- --
Warranty Deed $14,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,100 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $58,900 +5.4% $121 / Sq Ft
01/08/2025 01/08/25 Sold $55,900 -12.7% $116 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $64,000 +33.3% $133 / Sq Ft
02/25/2022 02/25/22 Sold $48,000 -3.8% $100 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/10/2021 12/10/21 Price Changed $49,900 -4.0% $104 / Sq Ft
09/07/2021 09/07/21 For Sale $52,000 -- $108 / 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 $189 $3,960 $570 $3,390
2023 $190 $3,960 $570 $3,390
2022 $159 $3,960 $570 $3,390
2021 $159 $3,960 $570 $3,390
2020 $159 $3,960 $570 $3,390
2019 $159 $3,320 $570 $2,750
2018 $159 $3,320 $570 $2,750
2017 $157 $3,320 $570 $2,750
2015 -- $3,570 $570 $3,000
2014 -- $3,570 $570 $3,000
2013 -- $3,570 $570 $3,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 25001025

Cooperative Arkansas REALTORS® MLS

APN: 4905-03016-0002