NOT LISTED FOR SALE

40 W Rainsong St Farmington, AR 72730

Estimated Value: $317,518 - $383,000

3 Beds
2 Baths
1,137 Sq Ft
$307/Sq Ft Est. Value

About This Home

As of August 2014

FRESHLY PAINTED INTERIOR, NEW FLOORING. CLEAN AND READY. CONVENIENT TO UNIVERSITY OF ARKANSAS AND INTERSTATE 49

Last Agent to Rent the Property

Larry McMurray

McMurray and Associates Real Estate License #PB00006039 Listed on: 07/29/2014

Last Renter's Agent

Larry McMurray

McMurray and Associates Real Estate License #PB00006039 Listed on: 07/29/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 2002

Lot Details

  • 0.25

Home Design

  • Duplex

Interior Spaces

  • 1,137 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • 12 Month Lease Term
  • Available 7/31/14

Community Details

Overview

  • Farmington Outlots 97 Anex Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2014-07-31

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Subdivision Name: Farmington Outlots 97 Anex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2002
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1137.0
  • ResoLivingAreaSource: PublicRecords

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2015
Bought by
Ehrig Family Trust
Current Estimated Value
$349,130

Purchase Details

Closed on
Oct 20, 2004
Sold by
Vanzant Landon T and Vanzant Christa
Bought by
Elk Horn Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
K & S Properties Llc
Bought by
Vanzant Landon T and Vanzant Christa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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
Ehrig Family Trust $155,000 --
Elk Horn Holdings Llc $170,000 Landtrust Title & Closing In
Vanzant Landon T $145,000 Landtrust Title & Closing In
Vanzant Landon T $145,000 Landtrust Title & Closing In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elk Horn Holdings Llc $115,000
Previous Owner Vanzant Landon T $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 For Rent $700 0.0% --
07/29/2014 07/29/14 Rented $700 -- --
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 $2,280 $51,600 $8,400 $43,200
2024 $2,125 $51,600 $8,400 $43,200
2023 $2,031 $51,600 $8,400 $43,200
2022 $1,847 $34,450 $6,000 $28,450
2021 $1,787 $34,450 $6,000 $28,450
2020 $1,639 $34,450 $6,000 $28,450
2019 $1,484 $27,430 $5,000 $22,430
2018 $1,484 $27,430 $5,000 $22,430
2017 $1,470 $27,430 $5,000 $22,430
2016 $1,470 $27,430 $5,000 $22,430
2015 $1,470 $27,430 $5,000 $22,430
2014 $1,738 $32,430 $5,000 $27,430
Source: Public Records

Agents Affiliated with this Home

  • Larry McMurray

    Landlord's Agent in 2014

    Larry McMurray

    McMurray and Associates Real Estate

    (479) 751-8654

    1 in this area

    22 Total Sales

    Larry McMurray
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 713049

Northwest Arkansas Board of REALTORS®

APN: 760-01601-121

Arkansas Washington County Farmington 72730

40 W Rainsong St, Farmington, AR

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