NOT LISTED FOR SALE

460 Rheas Mill Rd Farmington, AR 72730

Estimated Value: $230,000 - $448,206

2.56 Acres
$119,168 Price per Acre
111,514 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $165,000

Est. 85% increase in value since last sale

Current estimated payment $1,707/month

112 Days on Market

Highlights

  • 2.56 Acre Lot
  • Fenced
  • Level Lot
  • Jerry Pop Williams Elementary School Rated A-

About This Lot

As of September 2021

Very nice 2.56 acres in the middle of Farmington with very nice 24x40 shop, enclosed with heat & air plus nice pole shed 22x60. Perfect place to build your home or a couple of homes. Close to school on paved road with rural water available.

Last Agent to Sell the Property

Keith Marrs

Legend Realty Inc License #PB00052249 Listed on: 05/10/2021

Last Buyer's Agent

Keith Marrs

Legend Realty Inc License #PB00052249 Listed on: 05/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $646

Lot Details

  • 2.56 Acre Lot
  • Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Mixed Use

Utilities

  • Septic Needed

Community Details

  • Farmington Outlots Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$646

Lot Details

0

Listing Details

  • Property Sub Type: Mixed Use
  • Prop. Type: Land
  • Lot Size Acres: 2.56
  • Lot Size: 2.56 AC
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Farmington Outlots
  • Directions: I-49 Exit 62, west on Hwy 62 into Farmington, north on Rheas Mill at stoplight by McDonalds, go thru 4-way stop to 760 Rheas Mill Rd.
  • ResoPropertyType: Land
  • Property Sub Type Additional: Mixed Use
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Not In Subdivision, None, Level
  • Topography: Cleared,Level

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Needed
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Not Connected (nearby), Public

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 646.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Commissioner Of State Lands
Bought by
Parson Nicky
Current Estimated Value
$305,069

Purchase Details

Closed on
Apr 15, 2014
Sold by
Washington County Commissioner
Bought by
Parson Nicky

Purchase Details

Closed on
Oct 29, 1996
Bought by
Parsons Nicky
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
Parson Nicky $2,814 None Available
Parson Nicky $2,996 None Available
Parsons Nicky $30,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $165,000 -17.1% --
08/31/2021 08/31/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $199,000 -- --
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 $1,225 $25,600 $24,300 $1,300
2024 $1,142 $25,600 $24,300 $1,300
2023 $1,091 $25,600 $24,300 $1,300
2022 $992 $18,510 $17,210 $1,300
2021 $772 $18,510 $17,210 $1,300
2020 $708 $18,510 $17,210 $1,300
2019 $646 $11,940 $10,150 $1,790
2018 $646 $11,940 $10,150 $1,790
2017 $640 $11,940 $10,150 $1,790
2016 $640 $11,940 $10,150 $1,790
2015 $640 $11,940 $10,150 $1,790
2014 $639 $11,930 $10,150 $1,780
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Marrs

    Legend Realty Inc

    (479) 466-6998

    53 in this area

    206 Total Sales

    Keith Marrs
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1184014

Northwest Arkansas Board of REALTORS®

APN: 760-01861-001

Arkansas Washington County Farmington 72730

460 Rheas Mill Rd, Farmington, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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