NOT LISTED FOR SALE

48 W Sweetwater Way Farmington, AR 72730

Estimated Value: $404,000 - $420,000

-- Bed
4 Baths
3,046 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $403,500 $132 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,484/month

25 Days on Market

Highlights

  • Attic
  • Double Pane Windows
  • Ceramic Tile Flooring
  • 2 Car Attached Garage
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of March 2023

Do not miss your chance to own this investment property! This spacious all brick duplex located in the Farmington school district is a 12 minute drive from the University of Arkansas. Each unit has 3 bedrooms, 2 full baths, a 2 car garage, and a fenced in backyard. Unit 50 has been completely remodeled with new carpet, new cabinets, new counters in kitchen and bathrooms, new washer and dryer (unit 50), and new sinks and toilets. The entire unit has a new roof (2022). Unit 48 has new appliances (2021). Schedule your tour today!!

Last Agent to Sell the Property

Amber Lane

Mission House Real Estate License #EB00089176 Listed on: 01/18/2023

Last Buyer's Agent

Shawna Cavette

Collier & Associates License #SA00093010

Collier & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 2004

Lot Details

  • 10,511 Sq Ft Lot
  • Lot Dimensions are 80 x 130
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Walk-In Closet
  • 3,046 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Dryer
  • Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • 2 Units
  • South Haven Ph Iii Subdivision

Building Details

  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,501

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.2413
  • Lot Size: 80 x 130
  • Road Frontage Type: Public Road
  • Subdivision Name: South Haven Ph Iii
  • Directions: From I-49 in Fayetteville take exit 62 and go west on Hwy 62 to Farmington, turn left on Hwy 170, turn right on Briarmeadows, turn left on Summerwood, turn left on Sweetwater. Duplex is on the left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Plumbed For Ice Maker
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Attic, Ceiling Fan(s), See Remarks, Walk-In Closet(s)
  • Living Area: 3046.0
  • Window Features: Double Pane Windows, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Privacy, Wood
  • Lot Features: City Lot, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 32400.0

Tax Info

  • Tax Annual Amount: 2501.0
  • Tax Block: .
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2022
Sold by
Ms Medina Llc
Bought by
Nwa Real Living Llc
Current Estimated Value
$412,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,100
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2004
Sold by
Deweese L John
Bought by
Ms Medina Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Commercial Properties Inc
Bought by
Deweese L John

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
5.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1994
Bought by
Commercial Properties, Inc
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
Nwa Real Living Llc $335,000 None Listed On Document
Ms Medina Llc $175,000 Heritage Land Title Of Ar
Deweese L John $35,000 Landtrust Title & Closing
Commercial Properties, Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nwa Real Living Llc $254,100
Previous Owner Ms Medina Llc $140,000
Previous Owner Deweese L John $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $403,500 -3.9% $132 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $420,000 -- $138 / 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 $3,761 $73,890 $9,000 $64,890
2024 $3,798 $73,890 $9,000 $64,890
2023 $3,961 $73,890 $9,000 $64,890
2022 $2,634 $49,150 $6,000 $43,150
2021 $2,501 $49,150 $6,000 $43,150
2020 $2,293 $49,150 $6,000 $43,150
2019 $2,092 $38,670 $6,000 $32,670
2018 $2,092 $38,670 $6,000 $32,670
2017 $2,073 $38,670 $6,000 $32,670
2016 $2,073 $38,670 $6,000 $32,670
2015 $2,073 $38,670 $6,000 $32,670
2014 $2,170 $40,480 $6,000 $34,480
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amber Lane

    Mission House Real Estate

    (214) 212-0744

    4 in this area

    87 Total Sales

    Amber Lane
    Section Image

  • S

    Buyer's Agent in 2023

    Shawna Cavette

    Collier & Associates

    (479) 466-5421

    3 in this area

    17 Total Sales

    Shawna Cavette
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1237104

Northwest Arkansas Board of REALTORS®

APN: 760-02608-000

Arkansas Washington County Farmington 72730

48 W Sweetwater Way, 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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