NOT LISTED FOR SALE

3027 Summerhill Place Fairfield Bay, AR 72088

Estimated Value: $52,000 - $58,000

1 Bed
1 Bath
486 Sq Ft
$146/mo HOA Fee

Last Sold January 31, 2020

Last sale price $18,000 $37 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $463/month

60 Days on Market

Highlights

  • Marina
  • Deck
  • Stream or River on Lot
  • Golf Course Community
  • Contemporary Architecture
  • Wooded Lot

About This Home

As of January 2020

UPDATED studio apt. on ground level with easy access from parking area. Covered front porch entry, & a covered rear deck looking into the wooded area. Main living area is spacious for BR furniture & sitting/dining area, plus kitchenette with New small refrigerator, & microwave included! Beautifully updated, painted, new flooring. Most furniture included. Roomy BA has tiled tub/shower combo, cabinets for storage. Good rental potential. Come take a look! Call for more details and dues.

Last Agent to Sell the Property

Willena Herman

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 11/05/2019

Last Buyer's Agent

Tyler Lathan

Clinton Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $159

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • Private Streets
  • Wooded Lot

HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 486 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Termite Clearance
  • Washer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Parking Pad

Outdoor Features

  • Stream or River on Lot
  • Deck
  • Porch

Schools

  • Shirley Elementary And Middle School
  • Shirley High School

Utilities

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

Community Details

Overview

  • Other Mandatory Fees
  • On-Site Maintenance

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

$159

Year Built

Built in 1986

Lot Details

0

HOA Fees

$146 per month

Listing Details

  • Restrictions: Bill Of Assurance, Covenants
  • Class: Residential
  • Style: Contemporary
  • Ext Features: Deck, Porch
  • Inside City Limits: Yes
  • LVT Date: 11/06/2019
  • Price Per Sq Ft: 37.04
  • Road Surface: Paved
  • Termite Company: By Assoc.
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 1986
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 344
  • Year Built: 1986

Interior Features

  • Dining Room: Kitchen/Dining Combo, Living/Dining Combo
  • Bedrooms: All Bedrooms Up
  • Estimated Sq Ft: 486
  • Bedrooms: 1
  • Floors: Vinyl, Carpet
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Window Treatments, Ceiling Fan(s), Furnished
  • Kitchen Equip: Microwave, Electric Range, Surface Range, Refrigerator-Stays

Exterior Features

  • Exterior: Frame
  • Roof: Architectural Shingle

Garage/Parking

  • Parking: Parking Pads, One Car

Utilities

  • Utilities: Water-Public, Electric-Co-Op, Tv-Cable, Tv-Satellite Dish, Telephone-Private, Some Util Avl-Not On Prop, Community Sewer
  • Heat Air: Central Cool-Electric, Central Heat-Electric, 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
  • Additional Fee Frequency: Monthly
  • Condo Association Fee: Building Exterior, Grounds, Insurance, Private Roads, Termite Contract
  • Condo Association Fee: 48
  • Frequency: Monthly

Schools

  • Elementary School: Shirley
  • Middle School: Shirley
  • High School: Shirley
  • Junior High: Shirley

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Lot Info

  • Lot: Level, Cul-De-Sac, Resort Property, Wooded, In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 158.7

MLS Schools

  • Elementary School: Shirley
  • HighSchool: Shirley
  • Middle School: Shirley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jan 31, 2020
Sold by
Teler Holdings Llc
Bought by
Ferris Gwenn
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Tyler Lathan
Clinton Real Estate
List Price
$19,750
Sold Price
$18,000
Premium/Discount to List
-$1,750
-8.86%
Current Estimated Value
$55,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,311
Avg. Annual Appreciation
22.56%

Purchase Details

Closed on
Oct 16, 2007
Sold by
Taylor Kent L
Bought by
Castro Lawrence A and Castro Jeanne M

Purchase Details

Closed on
Dec 29, 2004
Bought by
Meng Dynasty

Purchase Details

Closed on
Apr 12, 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
May 30, 2000
Bought by
Shasta View

Purchase Details

Closed on
Jul 26, 1999
Bought by
Gower

Purchase Details

Closed on
Nov 18, 1994
Bought by
Carter
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
Ferris Gwenn $18,000 Cannaday Abstract
Castro Lawrence A $19,000 None Available
Meng Dynasty $41,000 --
Regions Bank $500 --
Regions $70,000 --
State -- --
Shasta View $14,000 --
Gower $13,000 --
Carter $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $18,000 -8.9% $37 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
11/05/2019 11/05/19 For Sale $19,750 -- $41 / 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 $180 $3,750 $570 $3,180
2021 $180 $3,750 $570 $3,180
2020 $167 $3,750 $570 $3,180
2019 $152 $3,160 $570 $2,590
2018 $151 $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

  • Willena Herman

    Seller's Agent in 2020

    Willena Herman

    Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

    (501) 253-1419

    181 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Tyler Lathan

    Clinton Real Estate

    (870) 723-9697

    118 Total Sales

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 19035725

Cooperative Arkansas REALTORS® MLS

APN: 4905-03027-0004

Arkansas Van Buren County Fairfield Bay 72088

3027 Summerhill Place, Fairfield Bay, AR

This home is located at 3027 Summerhill Place, Fairfield Bay, AR 72088 since 05 November 2019 and is currently estimated at $54,592, approximately $112 per square foot. This property was built in 1986. 3027 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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