562 Rheas Mill Rd Farmington, AR 72730
Farmington AreaEstimated payment $4,648/month
Highlights
- Guest House
- Attic
- Granite Countertops
- 2 Acre Lot
- Bonus Room
- Mud Room
About This Home
Rare two-home property on 2 acres in central Farmington—ideal for multigenerational living, guest quarters, an in-law suite or rental-income potential. Together, the two dwellings offer 5 bedrooms, 4 baths and 3,417 finished SF. The 2,427 SF all-brick main home includes a mudroom, office, XL bonus room and storm shelter. Extensive 2023 updates include flooring, paint, lighting, appliances, fireplace, 2nd HVAC and expanded entertaining patio. A 40x50 metal building adds a fully finished 990 SF studio apartment/guest house with separate address, septic, full kitchen, bath and laundry, plus a 1,010 SF detached shop/workshop/garage with dual overhead doors and mezzanine storage. The insulated 32x15 heated/cooled flex building is perfect for a home gym, woodworking studio or private office. Homestead features include a greenhouse, raised garden beds and chicken coop, plus ample parking and peaceful farmland views. Walk to Main Street, schools, restaurants and amenities; 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
- 3,417 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
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 4 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 |
|---|---|---|---|---|---|
| 08/01/2026 08/01/26 | Price Changed | $799,900 | -1.9% | $234 / Sq Ft | |
| 07/21/2026 07/21/26 | Price Changed | $814,998 | 0.0% | $239 / Sq Ft | |
| 06/16/2026 06/16/26 | Price Changed | $814,900 | -1.2% | $238 / Sq Ft | |
| 06/07/2026 06/07/26 | Price Changed | $824,900 | -1.7% | $241 / Sq Ft | |
| 05/25/2026 05/25/26 | Price Changed | $839,000 | -1.2% | $246 / Sq Ft | |
| 05/15/2026 05/15/26 | For Sale | $849,000 | +99.8% | $248 / 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 |
Source: ArkansasOne MLS
MLS Number: 1347594
APN: 760-01853-001
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