NOT LISTED FOR SALE

35 & 37 W Dakota Trail Farmington, AR 72730

Estimated Value: $403,000 - $426,000

-- Bed
4 Baths
3,056 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 09, 2015

Last sale price $189,000 $62 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,447/month

87 Days on Market

Highlights

  • Cathedral Ceiling
  • 4 Car Attached Garage
  • Double Pane Windows
  • Attic
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of July 2015

Excellent investment property within 10-15 minutes of the U of A. This property has stayed rented with less than 1 month vacancy for last 5 years. Seller's children lived in while going to U of A. #35 has new carpet and paint from top to bottom this unit,is not shown in photos currently. The unit 37 shown has new paint. These units have been very well taken care of and show well. Tenants are both great!

Last Agent to Sell the Property

Misty Barnes

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00056713 Listed on: 03/13/2015

Coldwell Banker Harris McHaney & Faucette -Fayette

Last Buyer's Agent

Misty Barnes

Coldwell Banker Harris McHaney & Faucette -Fayette License #SA00056713 Listed on: 03/13/2015

Coldwell Banker Harris McHaney & Faucette -Fayette

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Landscaped
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 3,056 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 015

Community Details

Overview

  • 2 Units
  • South Haven Ph Iii Subdivision

Additional Features

  • Shops
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,236

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size: irregular
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: South Haven Ph Iii
  • Directions: FROM I-49 GO WEST ON HWY 62/MLK TO LEFT ON LOCUST TO THE CURVE IN ROAD THAT TURNS INTO DAKOTA, DUPLEX ON LEFT.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s)
  • Living Area: 3056.0
  • Window Features: Double Pane Windows, Vinyl, Blinds
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Partial, Privacy, Wood, Wire
  • Lot Features: Landscaped, Level, Subdivision
  • Home Warranty: Yes
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Architectural, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Near Schools, Shopping, Sidewalks

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning Description: Multi Family
  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0

Tax Info

  • Tax Block: .
  • Tax Lot: 015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 1, 2015
Bought by
Bagepalli Venkata and Bagepalli Vaidehi
Seller's Agent
Misty Barnes
Coldwell Banker Harris McHaney & Faucette -Fayette
Buyer's Agent
Misty Barnes
Coldwell Banker Harris McHaney & Faucette -Fayette
List Price
$206,000
Sold Price
$189,000
Premium/Discount to List
-$17,000
-8.25%
Current Estimated Value
$413,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,853
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
May 12, 2004
Sold by
Deweese L John
Bought by
Stevens James L and Stevens Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,910
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Commercial Properties Inc
Bought by
Deweese L John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
5.71%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 11, 1993
Bought by
Commercial Properties, Inc
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
Bagepalli Venkata $189,000 --
Stevens James L $180,000 Heritage Land Title Of Ar
Deweese L John $35,000 Landtrust Title & Closing
Commercial Properties, Inc $453,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens James L $161,910
Previous Owner Deweese L John $125,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $189,000 -8.3% $62 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $206,000 -- $67 / 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
2025 $3,236 $73,510 $9,000 $64,510
2024 $3,016 $73,510 $9,000 $64,510
2023 $2,883 $73,510 $9,000 $64,510
2022 $2,621 $48,900 $6,000 $42,900
2021 $2,477 $48,900 $6,000 $42,900
2020 $2,271 $48,900 $6,000 $42,900
2019 $2,072 $38,300 $6,000 $32,300
2018 $2,072 $38,300 $6,000 $32,300
2017 $2,053 $38,300 $6,000 $32,300
2016 $2,053 $38,300 $6,000 $32,300
2015 $2,053 $38,300 $6,000 $32,300
2014 $2,149 $40,100 $6,000 $34,100
Source: Public Records

Agents Affiliated with this Home

  • Misty Barnes

    Seller's Agent in 2015

    Misty Barnes

    Coldwell Banker Harris McHaney & Faucette -Fayette

    (479) 841-3636

    3 in this area

    141 Total Sales

    Misty Barnes
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 728820

Northwest Arkansas Board of REALTORS®

APN: 760-02615-000

Arkansas Washington County Farmington 72730

35 & 37 W Dakota Trail, Farmington, AR

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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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