NOT LISTED FOR SALE

50 Rainbow Ln Cave City, AR 72521

Estimated Value: $200,000 - $252,000

3 Beds
2 Baths
2,008 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $170,000 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,272/month

64 Days on Market

Highlights

  • Barn or Farm Building
  • Wooded Lot
  • Country Style Home
  • Pond
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2022

Updated appx 2008 sq ft 3 or 4 bed/2 bath farmhouse on a beautiful 11 +/- Acres with a nice big front porch, pond, shop with lean-to, storage building, storm cellar and fenced/cross fenced. The home has been updated throughout the years as well and is move in ready! This charming farmhouse style home is located just outside of Cave City and with a little bit of finishing work, could be your forever home! Priced to sell quickly at only $179,900, you don't want to miss this one. MUST SEE!

Last Agent to Sell the Property

Carrie Trego

KW Market Pro Realty Listed on: 09/08/2022

KW Market Pro Realty

Last Buyer's Agent

Pamela Welch

Mossy Oak Properties Selling Arkansas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1998

Lot Details

  • 11 Acre Lot
  • Rural Setting
  • Cross Fenced
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Home Design

  • Country Style Home
  • Metal Roof
  • Composition Shingle

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Storm Cellar or Shelter
  • Porch

Farming

  • Barn or Farm Building
  • Livestock

Utilities

  • Central Heating and Cooling System
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Country
  • Ext Features: Porch, Storm Cellar
  • LVT Date: 09/22/2022
  • Price Per Sq Ft: 84.66
  • Road Surface: Gravel
  • Street Designation: Lane
  • Type: Rural Residential
  • Estimated Year Built: 1998
  • Internet Type: Internet-Fiber
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Dining Room: Kitchen/Dining Combo
  • Fireplace: Uses Gas Logs Only
  • Bedrooms: 4 Bedrooms Same Level
  • Estimated Sq Ft: 2008
  • Bedrooms: 3
  • Floors: Laminate, Tile, Vinyl, Wood
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Free-Standing Stove, Microwave, Dishwasher, Refrigerator-Stays
  • Other Rooms: Bonus Room, Laundry
  • Stories: One Story

Exterior Features

  • Exterior: Composition, Wood
  • Roof: Metal

Utilities

  • Utilities: Septic, Water-Public, Elec-Municipal (+Entergy)
  • Heat Air: Central Cool-Electric, Central Heat-Electric

Lot Info

  • Estimated Lot Size: 11
  • Estimated Lot Size: 11 +/- Acres
  • Farmranch: Cross-Fenced, Barns/Buildings, Livestock Allowed
  • Lot: Level, Rural Property, Pond, Wooded, Cleared
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2011
Sold by
Carnett Becky
Bought by
Presser Aaron and Presser Katie
Current Estimated Value
$221,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,700
Interest Rate
4.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Presser Aaron $6,000 Homestead Abstract & Title I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burket Janet L $128,600
Closed Presser Aaron $6,700
Previous Owner Presser Aaron $66,586
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $170,000 -5.5% $85 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $179,900 0.0% $90 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $179,900 -10.0% $90 / Sq Ft
09/08/2022 09/08/22 For Sale $199,900 -- $100 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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
2024 $1,189 $26,500 $820 $25,680
2023 $1,189 $26,500 $820 $25,680
2022 $305 $22,740 $950 $21,790
2021 $288 $22,740 $950 $21,790
2020 $259 $22,740 $950 $21,790
2019 $232 $13,870 $1,570 $12,300
2018 $272 $13,870 $1,570 $12,300
2017 $702 $13,870 $1,570 $12,300
2016 $272 $13,870 $1,570 $12,300
2015 -- $13,470 $1,170 $12,300
2014 -- $17,150 $1,220 $15,930
2013 -- $17,150 $1,220 $15,930
Source: Public Records

Agents Affiliated with this Home

  • Carrie Trego

    Seller's Agent in 2022

    Carrie Trego

    KW Market Pro Realty

    (870) 897-7969

    116 Total Sales

    Carrie Trego
    Section Image
  • Pamela Welch

    Buyer's Agent in 2022

    Pamela Welch

    Mossy Oak Properties Selling Arkansas

    (870) 897-0700

    420 Total Sales

    Pamela Welch
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 22032090

Cooperative Arkansas REALTORS® MLS

APN: 001-07454-000

Arkansas Sharp County Cave City 72521

50 Rainbow Ln, Cave City, AR

This home is located at 50 Rainbow Ln, Cave City, AR 72521 since 08 September 2022 and is currently estimated at $221,170, approximately $110 per square foot. This property was built in 1998. 50 Rainbow Ln is a home located in Sharp County with nearby schools including Cave City Elementary School, Cave City Middle School, and Cave City High Career & Collegiate Preparatory School.

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.

Cooperative Arkansas REALTORS® MLS 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.

Nearby Homes