NOT LISTED FOR SALE

474 Rainbow Rd Heber Springs, AR 72543

9 Beds
5 Baths
3,528 Sq Ft
1.28 Acres

Last Sold January 03, 2020

Last sale price $175,000 $50 Per Sq Ft

430 Days on Market

Highlights

  • Resort Property
  • Log Cabin
  • 1-Story Property
  • River Nearby
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2020

Great Rental Income! Triplex close to the Little Red River! The current owner uses one unit as their vacation home and rents the other 2 units! All units have 3-bedroom, 1.5 baths vaulted ceilings in living/kitchen/dining, covered front porch, nice decks and laundry area. New architectural shingle roof in about 2015!

Last Agent to Sell the Property

Mark McKenzie

McKenzie Realty Group Listed on: 10/07/2018

Last Buyer's Agent

Jackie McPherson

McKenzie Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1999

Lot Details

  • 1.28 Acre Lot
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Triplex
  • Log Cabin
  • Bungalow
  • Slab Foundation
  • Architectural Shingle Roof
  • Log Siding

Interior Spaces

  • 3,528 Sq Ft Home
  • 1-Story Property

Kitchen

  • Stove
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile

Outdoor Features

  • River Nearby

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Septic System
  • Satellite Dish

Community Details

  • 3 Units
  • Resort Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: Bungalow/Cottage, Log
  • LVT Date: 10/07/2018
  • Road Surface: Paved
  • Street Designation: Road
  • Type: Triplex
  • Zoning: Unknown
  • Source Of Sq Ft: Courthouse
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1999

Interior Features

  • Floors: Concrete, Tile, Wall-To-Wall Carpet, Laminate
  • Foundation: Slab
  • Stories: One Story
  • Kitchen Equipment: Free-Standing Stove, Surface Range, Dishwasher, Pantry, Refrigerator-Stays

Exterior Features

  • Exterior: Log
  • Roof: Architectural Shingle

Garage/Parking

  • Garage/Parking: Parking Pads

Utilities

  • Utilities: Septic, Electric-Co-Op, Tv-Satellite Dish
  • Heating And Air Cond: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 1.28
  • Estimated Lot Size: 1.28
  • Lot: Level, Resort Property, Not In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Multi Family

  • Tenant Expenses: All Utilities
  • Maximum Rent One Bedroom: 1000
  • Maximum Rent Three Bedroom: 1000
  • Maximum Rent Two Bedroom: 1000
  • Minimum Rent One Bedroom: 700
  • Minimum Rent Three Bedroom: 700
  • Minimum Rent Two Bedroom: 700
  • Number Of One Bedroom Units: 3
  • Number Of Three Bedroom Units: 3
  • Number Of Two Bedroom Units: 3
  • Number Units: 3

Tax Info

  • Annual Taxes: 1358.26
  • Year: 2017

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Sold $175,000 -9.3% $50 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $192,900 -3.5% $55 / Sq Ft
10/07/2018 10/07/18 For Sale $199,900 -- $57 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark McKenzie

    Seller's Agent in 2020

    Mark McKenzie

    McKenzie Realty Group

    (501) 250-3231

    219 Total Sales

    Mark McKenzie
    Section Image
  • Jackie McPherson

    Buyer's Agent in 2020

    Jackie McPherson

    McKenzie Realty Group

    (501) 691-9900

    83 Total Sales

    Jackie McPherson
    Section Image
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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 18031928

Cooperative Arkansas REALTORS® MLS

APN: 001-02101-001

Arkansas Cleburne County Heber Springs 72543

474 Rainbow Rd, Heber Springs, AR

Not Listed for Sale

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