NOT LISTED FOR SALE

401 Rheas Mill Rd Farmington, AR 72730

Estimated Value: $341,964 - $418,000

3 Beds
2 Baths
1,650 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $260,000 $158 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,139/month

46 Days on Market

Highlights

  • 2.98 Acre Lot
  • Wooded Lot
  • 2 Car Attached Garage
  • Property is near a park
  • Attic
  • Eat-In Kitchen

About This Home

As of February 2020

This home is well placed on beautiful three acres. There are two out buildings with electric and adjoining the house is a massive patio with a full set of utilities installed for another shop addition or outdoor kitchen. The home is all brick, well maintained, and very clean! The floor plan is set up for easy living, the living room fireplace is a show stopper, and there is extra heated/cooled storage in the garage. All appliances can convey by request.

Last Agent to Sell the Property

Amanda Wells

Collier & Associates License #EB00076048 Listed on: 12/03/2019

Collier & Associates

Last Buyer's Agent

Clay Osbon

Twin Oaks Realty, Inc License #SA00078809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1976

Lot Details

  • 2.98 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available

Community Details

Overview

  • Farmington Outlots Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.98
  • Road Frontage Type: Shared
  • Road Surface Type: Paved
  • Subdivision Name: Farmington Outlots
  • Directions: Highway 62 West to Farmington, Right on to Rheas Mill Rd at the light, straight through the 4 way stop, House on the left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), Eat-in Kitchen, None, Storage
  • Living Area: 1650.0
  • Dining Room Type: Storage Room

Exterior Features

  • Fencing: Partial
  • Lot Features: Level, Near Park, Wooded
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park, Sidewalks

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1398.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Feb 18, 2020
Sold by
Samuels Kay
Bought by
Mabry Jeremy and Mabry Dawn
Seller's Agent
Amanda Wells
Collier & Associates
Buyer's Agent
Clay Osbon
Twin Oaks Realty, Inc
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$375,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,241
Avg. Annual Appreciation
6.61%
Original Mortgage
$255,290
Outstanding Balance
$224,005
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$151,236

Purchase Details

Closed on
Jan 1, 1994
Bought by
Samuels Gregory D and Samuels Kay
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
Mabry Jeremy $260,000 Waco Title Co
Samuels Gregory D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry Jeremy $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $260,000 -1.9% $158 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $265,000 -- $161 / 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 $1,989 $62,110 $26,400 $35,710
2024 $1,773 $57,480 $26,400 $31,080
2023 $1,837 $57,480 $26,400 $31,080
2022 $1,780 $40,200 $18,680 $21,520
2021 $1,792 $40,200 $18,680 $21,520
2020 $1,367 $40,200 $18,680 $21,520
2019 $1,373 $32,310 $11,200 $21,110
2018 $1,398 $32,310 $11,200 $21,110
2017 $1,382 $32,310 $11,200 $21,110
2016 $1,382 $32,310 $11,200 $21,110
2015 $1,382 $32,310 $11,200 $21,110
2014 $1,432 $33,240 $11,200 $22,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1133972

Northwest Arkansas Board of REALTORS®

APN: 760-01904-000