NOT LISTED FOR SALE

350 N Double Springs Rd Farmington, AR 72730

Estimated Value: $247,000 - $345,000

2 Beds
1 Bath
768 Sq Ft
$376/Sq Ft Est. Value

About This Home

As of August 2020

Freshly renovated 2 bedroom 1 bath duplex that is walking distance to schools and parks. Includes all major appliances.

Last Agent to Rent the Property

Ronnie Davidson

NWA Realty and Property Management, LLC License #PB00071383 Listed on: 08/18/2020

Last Renter's Agent

Ronnie Davidson

NWA Realty and Property Management, LLC License #PB00071383 Listed on: 08/18/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,566

Year Built

  • Built in 1982

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 768 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Farmington Creek Sub Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Available 8/21/20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,566

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Available Date: 2020-08-21

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.12
  • Subdivision Name: Farmington Creek Sub
  • Directions: Take HWY 62 W to Farmington, turn R on Double Springs Rd, Duplex will be on the Right
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1982
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 768.0
  • ResoLivingAreaSource: PublicRecords

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Schools
  • HOA Rent Includes: Gardener

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2013
Sold by
Secretary Of Hud
Bought by
Homestead Inc
Current Estimated Value
$288,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 20, 2012
Sold by
Orellana Jose M and Orellana Anabel
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 25, 2010
Sold by
Orellana Jose M and Orellana Anabel
Bought by
Orellana Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,429
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2007
Sold by
Scheyder Joseph C and Scheyder Kathy
Bought by
Orellana Jose M and Orellana Anabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Sep 19, 1986
Bought by
Tanner Tanner O and Tanner May B

Purchase Details

Closed on
Jan 1, 1985
Bought by
Independence Fed Sav and Ln Asc
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
Homestead Inc -- Professional Land Title Comp
Wells Fargo Bank Na $121,888 None Available
Orellana Jose M -- None Available
Orellana Jose M $110,000 Lenders Title Company
The Secretary Of Hud -- None Available
Tanner Tanner O $53,000 --
Independence Fed Sav -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Homestead Inc $38,000
Previous Owner Orellana Jose M $106,429
Previous Owner Orellana Jose M $108,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 For Rent $695 0.0% --
08/18/2020 08/18/20 Rented $695 -- --
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 $1,566 $37,430 $7,700 $29,730
2024 $1,487 $37,430 $7,700 $29,730
2023 $1,085 $30,560 $7,700 $22,860
2022 $987 $18,410 $6,000 $12,410
2021 $980 $18,410 $6,000 $12,410
2020 $898 $18,410 $6,000 $12,410
2019 $820 $15,150 $6,000 $9,150
2018 $820 $15,150 $6,000 $9,150
2017 $812 $15,150 $6,000 $9,150
2016 $812 $15,150 $6,000 $9,150
2015 $812 $15,150 $6,000 $9,150
2014 $812 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1157304

Northwest Arkansas Board of REALTORS®

APN: 760-01000-000