$82,000
SOLD APR 17, 2020

3240 W Old Farmington Rd Fayetteville, AR 72704

West 62 Neighborhood
2 Beds
1 Bath
1,496 Sq Ft
1.05 Acres

Recently Sold

$55 Per Sq Ft

608% Above List Price

20 Days on Market

Highlights

  • 1.05 Acre Lot
  • Secluded Lot
  • Ceramic Tile Flooring
  • Fayetteville High School Rated A
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of April 2020

Highest and best has been requested from multiple offers. Deadline is 3/10/20 before 11:59 pm CST. Bank owned 1.05 secluded acres! Buildings on property have zero value - sold "as is". Buyer & buyers agent to verify any & all info. Seller will review offers after 10 days of MLS input. Employees or directors of JPMorgan Chase & Co & its direct & indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co or its direct & indirect subsidiaries.

Last Agent to Sell the Property

Katie Book

Legend Realty Inc License #EB00067648 Listed on: 02/26/2020

Last Buyer's Agent

District III

Weichert, REALTORS Griffin Company Bentonville License #SA00071574

Weichert, REALTORS Griffin Company Bentonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1968

Lot Details

  • 1.05 Acre Lot
  • Property fronts a private road
  • Secluded Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Water Heater

Community Details

  • Fayetteville Outlots Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,120

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Lot Size: 1.05 AC
  • Road Frontage Type: Private Road
  • Subdivision Name: Fayetteville Outlots
  • Directions: Turn onto Old Farmington Rd from Hwy 62, follow to address
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: 25 Years or older
  • Year Built: 1968
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: 5120
  • Stories: 1
  • Year Built: 1968

Interior Features

  • Appliances: Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: None
  • Living Area: 1496.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: None
  • Lot Features: Hardwood Trees, None, Secluded
  • Waterfront Features: None
  • Construction Type: Frame, Rock
  • Exterior Features: Gravel Driveway
  • Foundation Details: Crawlspace
  • Other Structures: None
  • Patio And Porch Features: Other, See Remarks
  • Roof: Other, See Remarks

Utilities

  • Cooling: Other
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1120.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Mar 19, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Ward Donnie
Seller's Agent
Katie Book
Legend Realty Inc
Buyer's Agent
District III
Weichert, REALTORS Griffin Company Bentonville
List Price
$11,590
Sold Price
$82,000
Premium/Discount to List
$70,410
607.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.95%

Purchase Details

Closed on
Sep 12, 2018
Sold by
Justis John T
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 1, 1985
Bought by
Schader Greg
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 Type Sale Price Title Company
Special Warranty Deed $82,000 City Title & Closing
Deed $75,124 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,500 New Conventional
Previous Owner $76,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Price Changed $449,900 -10.0% $301 / Sq Ft
02/20/2024 02/20/24 Price Changed $499,900 -4.8% $334 / Sq Ft
01/31/2024 01/31/24 Price Changed $524,900 -8.7% $351 / Sq Ft
10/28/2023 10/28/23 For Sale $575,000 +601.2% $384 / Sq Ft
04/17/2020 04/17/20 Sold $82,000 +607.5% $55 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $11,590 -- $8 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

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 $2,650 $55,410 $35,630 $19,780
2023 $2,469 $55,410 $35,630 $19,780
2022 $2,245 $38,740 $26,900 $11,840
2021 $2,245 $38,740 $26,900 $11,840
2020 $1,242 $38,740 $26,900 $11,840
2019 $1,129 $19,490 $9,000 $10,490
2018 $779 $19,490 $9,000 $10,490
2017 $77 $19,490 $9,000 $10,490
2016 $770 $19,490 $9,000 $10,490
2015 $676 $19,490 $9,000 $10,490
2014 $632 $18,260 $9,000 $9,260
Source: Public Records

Agents Affiliated with this Home

  • Duane Wright, ALC

    Seller's Agent in 2023

    Duane Wright, ALC

    Collier & Associates- Rogers Branch

    (479) 633-1105

    97 Total Sales

    Duane Wright, ALC
    Section Image
  • Katie Book

    Seller's Agent in 2020

    Katie Book

    Legend Realty Inc

    (479) 530-0620

    58 Total Sales

    Katie Book
    Section Image

  • D

    Buyer's Agent in 2020

    District III

    Weichert, REALTORS Griffin Company Bentonville

    (479) 366-0149

    153 Total Sales

    District III
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1140150

Northwest Arkansas Board of REALTORS®

APN: 765-14755-000

Arkansas Washington County Fayetteville 72704 West 62

3240 W Old Farmington Rd, Fayetteville, AR

This home is located at 3240 W Old Farmington Rd, Fayetteville, AR 72704 and is currently priced at $82,000, approximately $54 per square foot. This property was built in 1968. 3240 W Old Farmington Rd is a home located in Washington County with nearby schools including Owl Creek School, Ramay Junior High School, and Fayetteville 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.

Northwest Arkansas Board of REALTORS® 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. Information is deemed reliable but not guaranteed.

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