NOT LISTED FOR SALE

54 Sweetwater Way Farmington, AR 72730

Estimated Value: $397,000 - $419,000

6 Beds
4 Baths
3,000 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $215,000 $72 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,426/month

21 Days on Market

Highlights

  • Property is near a park
  • Eat-In Kitchen
  • Shops
  • 2 Car Attached Garage
  • Park
  • Ceramic Tile Flooring

About This Home

As of July 2020

Only a few minutes from shopping and the U of A. 3 bedroom, 2 full bath, privacy fenced backyard, 2 car garage, all brick duplex, with guttering. Tenant occupied, please do not disturb tenants.

Last Agent to Sell the Property

Randy Osnes

Legend Realty Inc License #SA00078054 Listed on: 05/11/2020

Last Buyer's Agent

Rhonda Balmer

Bassett Mix And Associates, Inc License #SA00057518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,091

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Partially Fenced Property

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Architectural Shingle Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Plumbed For Ice Maker

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 007

Community Details

Overview

  • 2 Units
  • South Haven Phase III Subdivision

Recreation

  • Park

Additional Features

  • Shops
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,091

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: South Haven Phase III
  • Directions: West on Hwy 62 to Farmington, South on Hwy 170, Right on Briarmeadow St., Left on Summer Wood, Left on Sweetwater Way, Duplex is on the left
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale (less than 25 years old)
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Appliances: Electric Water Heater, Plumbed For Ice Maker
  • Basement YN: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Programmable Thermostat
  • Living Area: 3000.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Partial
  • Lot Features: City Lot, Near Park, Subdivision
  • Construction Type: Brick
  • Direction Faces: South
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Near Fire Station, Near Schools, Park, Shopping

Schools

  • Junior High Dist: Farmington

Green Features

  • Green Building Verification Type: Unknown

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 19800.0

Tax Info

  • Tax Annual Amount: 2091.0
  • Tax Block: N/A
  • Tax Lot: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 26, 2020
Sold by
Osnes Randy A and Osnes Elizabeth A
Bought by
Bowden Bryan David
Seller's Agent
Randy Osnes
Legend Realty Inc
Buyer's Agent
Rhonda Balmer
Bassett Mix And Associates, Inc
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$409,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,692
Avg. Annual Appreciation
12.76%
Original Mortgage
$182,750
Outstanding Balance
$161,994
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$247,698

Purchase Details

Closed on
Dec 9, 2016
Sold by
Osnes Properties Llc
Bought by
Osnes Randy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2015
Bought by
Osnes Randy A and Osnes Elizabeth A

Purchase Details

Closed on
Apr 23, 2008
Sold by
Huffaker Llc
Bought by
Mahan Matthew G and Mahan Mindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Deweese L John
Bought by
Huffaker Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,200
Interest Rate
5.97%
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
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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
Bowden Bryan David $215,000 Waco Title Co
Osnes Randy A -- Waco Title Co
Osnes Randy A $173,000 --
Mahan Matthew G $207,000 Landtrust Title & Closing
Huffaker Llc $177,000 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
Open Bowden Bryan David $182,750
Previous Owner Osnes Randy A $153,000
Previous Owner Mahan Matthew G $169,000
Previous Owner Huffaker Llc $176,200
Previous Owner Deweese L John $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $215,000 -2.2% $72 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $219,900 -- $73 / 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 $3,251 $73,860 $9,000 $64,860
2024 $3,030 $73,860 $9,000 $64,860
2023 $2,897 $73,860 $9,000 $64,860
2022 $2,633 $49,130 $6,000 $43,130
2021 $2,648 $49,130 $6,000 $43,130
2020 $2,292 $49,130 $6,000 $43,130
2019 $2,091 $38,650 $6,000 $32,650
2018 $2,091 $38,650 $6,000 $32,650
2017 $2,072 $38,650 $6,000 $32,650
2016 $2,072 $38,650 $6,000 $32,650
2015 $2,072 $38,650 $6,000 $32,650
2014 $2,169 $40,460 $6,000 $34,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1146649

Northwest Arkansas Board of REALTORS®

APN: 760-02607-000