NOT LISTED FOR SALE

492 Rheas Mill Rd Farmington, AR 72730

Estimated Value: $205,000 - $386,000

3 Beds
2 Baths
2,290 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $190,000 $83 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,745/month

70 Days on Market

Highlights

  • 0.81 Acre Lot
  • Traditional Architecture
  • Attic
  • Jerry Pop Williams Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2016

All brick, one-level home on large lot in super convenient location. New roof and gutters in 2011, 16 SEER HVAC only 3 months old, new 48 gallon H20 heater. Fireplace with gas logs but can burn wood as well. Newer appliances, new chain-link fence on 3 sides. On city water but can use well water for irrigation and recreation. Carport measures 22' x 12'. Enjoy peace and quiet on the back patio with no neighbors behind you.

Last Agent to Sell the Property

Karen Mathes

Crye-Leike REALTORS Fayetteville License #74818 Listed on: 03/29/2016

Last Buyer's Agent

Kate Cox

Coldwell Banker Harris McHaney & Faucette-Bentonvi License #EB00076463

Coldwell Banker Harris McHaney & Faucette-Bentonvi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1977

Lot Details

  • 0.81 Acre Lot
  • Property fronts a highway
  • Back Yard Fenced
  • Wire Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • City Lot

Community Details

  • No Home Owners Association
  • Farmington Outlots Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Road Frontage Type: Highway, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Farmington Outlots
  • Directions: From I-49 take exit 62 and go west on MLK for 3.2 miles. Turn Rt onto Rheas Mill for 0.7 miles. Home is on the Rt.
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1977
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Gas Appliances, Built-In Range, Built-In Oven, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Plumbed For Ice Maker
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry
  • Living Area: 2290.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Chain Link, Wire
  • Lot Features: Cleared, City Lot, Level, Not In Subdivision
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Brick
  • Exterior Features: Gravel Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Well House, Workshop
  • Patio And Porch Features: Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Asphalt

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment, High Efficiency
  • Cooling Y N: Yes
  • Heating: Central, ENERGY STAR Qualified Equipment, Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools
  • Association: No

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1358.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jul 8, 2016
Sold by
Depew Craig and Depew Stefanie
Bought by
Hartman Henry and Hartman Rebeca
Seller's Agent
Karen Mathes
Crye-Leike REALTORS Fayetteville
Buyer's Agent
Kate Cox
Coldwell Banker Harris McHaney & Faucette-Bentonvi
List Price
$197,000
Sold Price
$190,000
Premium/Discount to List
-$7,000
-3.55%
Current Estimated Value
$324,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,333
Avg. Annual Appreciation
5.91%
Original Mortgage
$53,000
Outstanding Balance
$4,681
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$319,652

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 29, 2012
Sold by
Swaffar David Alan and Swaffar Dena
Bought by
Depew Craig and Depew Stefanie
Seller's Agent
Keith Marrs
Legend Realty Inc
Buyer's Agent
Keith Marrs
Legend Realty Inc
List Price
$155,500
Sold Price
$157,000
Premium/Discount to List
$1,500
0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$153,015
Interest Rate
3.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2011
Bought by
Depew Craig and Depew Stefanie
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
Hartman Henry $190,000 Advantage Title & Escrow
Depew Craig $157,000 Waco Title Company
Depew Craig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Henry $53,000
Previous Owner Depew Craig $153,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2016 07/08/16 Sold $190,000 -3.6% $83 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $197,000 +25.5% $86 / Sq Ft
03/29/2012 03/29/12 Sold $157,000 +1.0% $71 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $155,500 -- $70 / 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 $451 $14,400 $14,230 $170
2024 $420 $14,400 $14,230 $170
2023 $402 $14,400 $14,230 $170
2022 $365 $10,330 $10,160 $170
2021 $340 $10,330 $10,160 $170
2020 $312 $10,330 $10,160 $170
2019 $276 $5,110 $5,110 $0
2018 $276 $5,110 $5,110 $0
2017 $27 $5,110 $5,110 $0
2016 $274 $31,650 $8,830 $22,820
2015 $1,346 $31,650 $8,830 $22,820
2014 $1,358 $31,870 $8,830 $23,040
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Mathes

    Crye-Leike REALTORS Fayetteville

  • Kate Cox

    Buyer's Agent in 2016

    Kate Cox

    Coldwell Banker Harris McHaney & Faucette-Bentonvi

    (479) 799-9628

    1 in this area

    95 Total Sales

    Kate Cox
    Section Image

  • K

    Seller's Agent in 2012

    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: 1011704

Northwest Arkansas Board of REALTORS®

APN: 760-01860-001

Arkansas Washington County Farmington 72730

492 Rheas Mill Rd, Farmington, AR

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