562 Rheas Mill Rd Farmington, AR 72730
Estimated payment $4,627/month
Highlights
- Guest House
- 2 Acre Lot
- Bonus Room
- Jerry Pop Williams Elementary School Rated A-
- Attic
- Granite Countertops
About This Home
Rare opportunity in the heart of Farmington - w/ 2 dwellings, 2 acres, 1,010 SF shop, greenhouse & gardens. The 2,427 SF all-brick main home offers 4 bedrooms, 3 full baths, mudroom, home office, XL bonus room, and storm shelter. 2023 renovations include flooring, paint, lighting, appliances, fireplace, 2nd HVAC & extended entertaining patio. The 40x50 metal building includes a fully finished 990 SF studio apartment/guest house (2023) - w/ its own address, septic system, full kitchen, full bath, & laundry - ideal for multi-generational living, guest quarters, rental income etc. The remaining 1,010 SF is excellent shop/workshop/garage space w/ dual overhead doors & mezzanine storage. A separate 32x15 insulated, heated/cooled outbuilding w/ power offers even more flexibility & workspace. Outside, enjoy ample parking, raised garden beds, chicken coop & peaceful views backing to farmland for added privacy - all within walking distance of Main Street, schools/restaurants/amenities & just minutes to Fayetteville.
Listing Agent
Collier & Associates - Farmington Branch Brokerage Phone: 479-366-2658 License #EB00076231 Listed on: 05/15/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,016
Year Built
- Built in 2014
Lot Details
- 2 Acre Lot
- Privacy Fence
- Back Yard Fenced
- Open Lot
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Architectural Shingle Roof
Interior Spaces
- 2,427 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Blinds
- Mud Room
- Living Room with Fireplace
- Home Office
- Library
- Bonus Room
- Storage
- Fire and Smoke Detector
- Attic
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outbuilding
- Storm Cellar or Shelter
Utilities
- Central Heating and Cooling System
- Programmable Thermostat
- Electric Water Heater
- Septic Tank
Additional Features
- Guest House
- Property is near schools
Community Details
- 22 16 31 Farmington Outlots Subdivision
- Shops
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,016 | $71,050 | $21,500 | $49,550 |
| 2024 | $3,152 | $71,050 | $21,500 | $49,550 |
| 2023 | $2,509 | $71,050 | $21,500 | $49,550 |
| 2022 | $2,559 | $54,730 | $15,250 | $39,480 |
| 2021 | $2,436 | $52,150 | $15,250 | $36,900 |
| 2020 | $2,436 | $52,150 | $15,250 | $36,900 |
| 2019 | $2,082 | $38,490 | $8,750 | $29,740 |
| 2018 | $2,082 | $38,490 | $8,750 | $29,740 |
| 2017 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2016 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2015 | $2,063 | $38,490 | $8,750 | $29,740 |
| 2014 | $2,180 | $10,370 | $8,750 | $1,620 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2026 06/16/26 | Price Changed | $814,900 | -1.2% | $336 / Sq Ft | |
| 06/07/2026 06/07/26 | Price Changed | $824,900 | -1.7% | $340 / Sq Ft | |
| 05/25/2026 05/25/26 | Price Changed | $839,000 | -1.2% | $346 / Sq Ft | |
| 05/15/2026 05/15/26 | For Sale | $849,000 | +99.8% | $350 / Sq Ft | |
| 02/21/2023 02/21/23 | Sold | $425,000 | +2.4% | $212 / Sq Ft | View Prior Sale |
| 01/31/2023 01/31/23 | For Sale | $414,900 | +361.0% | $207 / Sq Ft | |
| 02/15/2013 02/15/13 | Sold | $90,000 | -7.7% | -- | View Prior Sale |
| 01/16/2013 01/16/13 | Pending | -- | -- | -- | |
| 01/03/2013 01/03/13 | For Sale | $97,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Realty Title | |
| Warranty Deed | $210,000 | None Available | |
| Warranty Deed | $90,000 | Lenders Title Company |
Source: ArkansasOne MLS
MLS Number: 1347594
APN: 760-01853-001
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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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