550 Rainbow Rd Heber Springs, AR 72543
Estimated Value: $222,702 - $257,000
--
Bed
2
Baths
1,372
Sq Ft
$180/Sq Ft
Est. Value
About This Home
This home is located at 550 Rainbow Rd, Heber Springs, AR 72543 and is currently estimated at $246,426, approximately $179 per square foot. 550 Rainbow Rd is a home located in Cleburne County with nearby schools including Heber Springs Elementary School, Heber Springs Middle School, and Heber Springs High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2022
Sold by
Willis and Janet
Bought by
Taggart Francis Michael and Taggart Sheryl K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Outstanding Balance
$62,085
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$184,341
Purchase Details
Closed on
Aug 5, 2005
Sold by
Luttrell Argie H and Luttrell Mary E
Bought by
Willis Larry and Willis Janet
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,020
Interest Rate
5.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 1998
Bought by
Luttrell Argie H and Luttrell Mary E
Purchase Details
Closed on
Apr 4, 1995
Bought by
Mosier Terry D
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Taggart Francis Michael | $183,000 | Professional Land Title | |
| Willis Larry | $128,775 | -- | |
| Luttrell Argie H | $80,000 | -- | |
| Mosier Terry D | $6,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Taggart Francis Michael | $65,000 | |
| Previous Owner | Willis Larry | $103,020 |
Source: Public Records
Tax History Compared to Growth
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 | $1,329 | $35,056 | $6,000 | $29,056 |
| 2023 | $1,329 | $35,056 | $6,000 | $29,056 |
| 2022 | $473 | $35,056 | $6,000 | $29,056 |
| 2021 | $458 | $21,971 | $2,000 | $19,971 |
| 2020 | $458 | $21,971 | $2,000 | $19,971 |
| 2019 | $458 | $21,971 | $2,000 | $19,971 |
| 2018 | $483 | $21,971 | $2,000 | $19,971 |
| 2017 | $483 | $21,971 | $2,000 | $19,971 |
| 2016 | $495 | $22,289 | $2,000 | $20,289 |
| 2015 | $495 | $22,289 | $2,000 | $20,289 |
| 2014 | $495 | $22,289 | $2,000 | $20,289 |
Source: Public Records
Map
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