412 Rhea Mills Rd Farmington, AR 72730
Estimated Value: $348,000 - $392,000
3
Beds
2
Baths
2,064
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 412 Rhea Mills Rd, Farmington, AR 72730 and is currently estimated at $362,719, approximately $175 per square foot. 412 Rhea Mills Rd is a home located in Washington County with nearby schools including Randall G. Lynch Middle School, Jerry Pop Williams Elementary School, and Farmington Jr. High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2022
Sold by
Smith Aaron
Bought by
Smith Aaron J and Smith Patricia Smith
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$229,600
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$133,119
Purchase Details
Closed on
Jan 25, 2019
Sold by
Davis Cara L and Davis Jeffrey
Bought by
Smith Aaron and Smith Hannah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,069
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 31, 2013
Sold by
First Federal Bank
Bought by
Speegle Cara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,350
Interest Rate
4.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 7, 2013
Sold by
Gilmore Harold Lee and Gilmore Debby A
Bought by
First Federal Bank
Purchase Details
Closed on
Jun 22, 2005
Sold by
Overbey Marion E
Bought by
Gilmore Harold Lee and Gilmore Debby A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,390
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 1, 1994
Bought by
Durham Bill G and Durham Barbara J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Aaron J | -- | None Listed On Document | |
| Smith Aaron | -- | None Listed On Document | |
| Smith Aaron | $217,000 | Waco Title Co | |
| Speegle Cara L | $122,500 | Lenders Title Company | |
| First Federal Bank | $161,100 | None Available | |
| Gilmore Harold Lee | $187,000 | Lenders | |
| Durham Bill G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Aaron J | $244,000 | |
| Previous Owner | Smith Aaron | $213,069 | |
| Previous Owner | Speegle Cara L | $116,350 | |
| Previous Owner | Gilmore Harold Lee | $181,390 |
Source: Public Records
Tax History Compared to Growth
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 | $2,625 | $51,570 | $14,000 | $37,570 |
| 2024 | $2,651 | $51,570 | $14,000 | $37,570 |
| 2023 | $2,764 | $51,570 | $14,000 | $37,570 |
| 2022 | $1,741 | $39,470 | $10,000 | $29,470 |
| 2021 | $1,752 | $39,470 | $10,000 | $29,470 |
| 2020 | $1,752 | $39,470 | $10,000 | $29,470 |
| 2019 | $1,187 | $28,870 | $5,000 | $23,870 |
| 2018 | $1,212 | $28,870 | $5,000 | $23,870 |
| 2017 | $1,197 | $28,870 | $5,000 | $23,870 |
| 2016 | $1,197 | $28,870 | $5,000 | $23,870 |
| 2015 | $1,197 | $28,870 | $5,000 | $23,870 |
| 2014 | $1,331 | $31,360 | $5,000 | $26,360 |
Source: Public Records
Map
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