NOT LISTED FOR SALE

3097 Summerhill Place Fairfield Bay, AR 72088

Estimated Value: $54,000 - $57,000

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

Last Sold May 23, 2024

Last sale price $43,000 $90 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $569/month

81 Days on Market

Highlights

  • Marina
  • River Nearby
  • Community Pool
  • Golf Course Community
  • Deck
  • Tennis Courts

About This Home

As of May 2024

EFFICIENCY STUDIO with quick occupancy. Full bath. Kitchen has refrigerator & stove. Some furniture is included. Laundry closet added on rear deck, and a dryer only included! Brand new Mitsubishi minisplit with remote. Flooring is ceramic tile, laminate, & carpet. Also included is a large dresser, 2 room screen dividers, "pantry" cabinet, daybed (NO mattress) , small table with 2 chairs, and electric heater. Rear deck overlooks wooded area. Easy, quick possession. Selling it As Is, Enjoy membership to all Fairfield Bay Resort amenities! Marina, golf, tennis, pools & parks, bowling alley, restaurants. Over 90 miles of ATV/UTV trails, hiking trails, & more!!! Call for Resort Dues & condo fees.

Last Agent to Sell the Property

Willena Herman

Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate Listed on: 02/04/2024

Last Buyer's Agent

Tammy Landry

Landry Greers Ferry Lake Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $179

Year Built

  • Built in 1985

Lot Details

  • 1,307

HOA Fees

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Masonite

Interior Spaces

  • 480 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Open Floorplan
  • Crawl Space
  • Washer Hookup

Kitchen

  • Electric Range
  • Stove
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Garage
  • Parking Pad
  • Assigned Parking

Outdoor Features

  • River Nearby
  • Deck
  • Porch

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Co-Op Electric
  • Electric Water Heater
  • Shared Sewer

Community Details

Overview

  • Other Mandatory Fees

Amenities

  • Picnic Area

Recreation

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

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$179

Year Built

Built in 1985

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Class: Residential
  • Ext Features: Deck, Porch
  • LVT Date: 02/04/2024
  • Price Per Sq Ft: 89.58
  • Road Surface: Paved
  • Type: Condo/Townhse/Duplex/Apt
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • 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: Kitchen/Dining Combo, Living/Dining Combo
  • Estimated Sq Ft: 480
  • Bedrooms: 1
  • Floors: Laminate, Tile, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Interiors: Washer Connection, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Ceiling Fan(s), Wired For Highspeed Inter, Kit Counter-Formica
  • Kitchen Equip: Free-Standing Stove, Electric Range, Refrigerator-Stays

Exterior Features

  • Exterior: Frame, Masonite
  • 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: Mini Split

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: 158.38
  • Frequency: Monthly

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Lot Info

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

Tax Info

  • Annual Taxes: 179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
May 28, 2024
Sold by
Streeter Janice and Jones Lee Ann
Bought by
Hall Jason
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Tammy Landry
Landry Greers Ferry Lake Realty
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%
Views
80
Current Estimated Value
$55,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,115
Avg. Annual Appreciation
21.40%
Original Mortgage
$36,550
Outstanding Balance
$29,140
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$25,975

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 12, 2021
Sold by
Sk Ventures Llc
Bought by
Jones Lee Ann and Streeter Janice
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
$26,500
Sold Price
$26,000
Premium/Discount to List
-$500
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jul 21, 2016
Sold by
Zuhike Laveme R
Bought by
Sk Ventures Llc
Seller's Agent
Willena Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
Buyer's Agent
Fred Herman
Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.97%

Purchase Details

Closed on
Jul 8, 2002
Bought by
Snyder

Purchase Details

Closed on
Aug 1, 2000
Bought by
Hannah

Purchase Details

Closed on
Jul 12, 1999
Bought by
Guffey

Purchase Details

Closed on
Jun 14, 1996
Bought by
Spakes

Purchase Details

Closed on
Mar 15, 1995
Bought by
Reynolds

Purchase Details

Closed on
Aug 23, 1993
Bought by
Matthews
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
Hall Jason $43,000 Professional Land Title
Jones Lee Ann $26,000 Aldworth John C
Sk Ventures Llc $10,000 None Available
Snyder $12,900 --
Hannah $14,000 --
Guffey $10,000 --
Spakes $7,300 --
Reynolds $15,000 --
Matthews $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Jason $36,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $43,000 -3.4% $90 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $44,500 -10.8% $93 / Sq Ft
03/15/2024 03/15/24 For Sale $49,900 +16.0% $104 / Sq Ft
02/27/2024 02/27/24 Off Market $43,000 -- --
02/21/2024 02/21/24 Price Changed $49,900 -16.1% $104 / Sq Ft
02/04/2024 02/04/24 For Sale $59,500 +128.8% $124 / Sq Ft
08/13/2021 08/13/21 Sold $26,000 -1.9% $54 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $26,500 +165.0% $55 / Sq Ft
08/08/2016 08/08/16 Sold $10,000 -32.9% $21 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
07/15/2015 07/15/15 For Sale $14,900 +6.4% $32 / Sq Ft
11/28/2012 11/28/12 Sold $14,000 -15.2% $30 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $16,500 -- $35 / 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 $1 $3,750 $570 $3,180
2021 $179 $3,750 $570 $3,180
2020 $166 $3,750 $570 $3,180
2019 $151 $3,160 $570 $2,590
2018 $151 $3,160 $570 $2,590
2017 $151 $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 2024

    Willena Herman

    Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

    (501) 253-1419

    177 Total Sales

    Willena Herman
    Section Image
  • Tammy Landry

    Buyer's Agent in 2024

    Tammy Landry

    Landry Greers Ferry Lake Realty

    (501) 412-0182

    413 Total Sales

    Tammy Landry
    Section Image
  • Fred Herman

    Seller Co-Listing Agent in 2016

    Fred Herman

    Goodwin & Herman Associates Branch of Arkansas Mountain Real Estate

    (501) 253-1417

    197 Total Sales

    Fred Herman
    Section Image

  • V

    Seller's Agent in 2012

    V. Dale Tice

    Nichols Realty Express

    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 24003582

Cooperative Arkansas REALTORS® MLS

APN: 4905-03097-0013

Arkansas Van Buren County Fairfield Bay 72088

3097 Summerhill Place, Fairfield Bay, AR

This home is located at 3097 Summerhill Place, Fairfield Bay, AR 72088 since 04 February 2024 and is currently estimated at $55,115, approximately $114 per square foot. This property was built in 1985. 3097 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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