NOT LISTED FOR SALE

58 W Rainsong St Unit 58-60 Farmington, AR 72730

Estimated Value: $317,000 - $377,000

-- Bed
4 Baths
2,430 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $365,000 $150 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,066/month

201 Days on Market

Highlights

  • Property is near a park
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • No HOA
  • Park
  • Central Heating and Cooling System

About This Home

As of March 2024

Farmington all brick 3 bed, 2 bath, single car garage duplex. Privacy fenced backyards. 60 Rainsong is occupied and rented at $1200 per month with an expiration of 12/31/24. 58 Rainsong is occupied and rented at $1200 per month with an expiration of 9/30/24. Pictures are from 58 Rainsong.

Last Agent to Sell the Property

Keith Purifoy

Pure Homes Real Estate License #PB00076974 Listed on: 08/11/2023

Last Buyer's Agent

Nwa Real Estate Hub

Keller Williams Market Pro Realty

Keller Williams Market Pro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1999

Lot Details

  • 8,564 Sq Ft Lot
  • Back Yard Fenced

Home Design

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

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a park
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 13

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Grasslands Sub Ph 2 Subdivision

Recreation

  • Park

Building Details

  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.1966
  • Road Frontage Type: Public Road, Shared
  • Road Surface Type: Paved
  • Subdivision Name: Grasslands Sub Ph 2
  • Directions: I49, Hwy 62 West, Left on Southwinds Rd, Left on Rainsong, duplex on the left
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1999
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater
  • Basement YN: No
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Living Area: 2430.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard
  • Lot Features: City Lot, Near Park, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Near Fire Station, Near Schools, Park
  • Association: No

Schools

  • Junior High Dist: Farmington

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0

Tax Info

  • Tax Annual Amount: 1974.0
  • Tax Block: NA
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2017
Sold by
Stewart David Curtis and Stewart Cathy L
Bought by
Cedar Mountian Properties Llc
Current Estimated Value
$346,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,415
Outstanding Balance
$96,741
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$249,529

Purchase Details

Closed on
Jan 20, 2016
Sold by
Eagle Holdings Llc
Bought by
Stewart David Curtis and Stewart Cathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,150
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 18, 2015
Bought by
Eagle Holdings Llc

Purchase Details

Closed on
Oct 26, 2015
Bought by
Wells Fargo Bank

Purchase Details

Closed on
May 12, 2006
Sold by
Silva Mark and Silva Debra
Bought by
Sood Deepak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,997
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2006
Sold by
Harwell Judy G Williams and Harwell Jim
Bought by
Silva Mark and Silva Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1995
Bought by
Vista West Limited Partnership
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
Cedar Mountian Properties Llc $169,900 Waco Title Co
Stewart David Curtis $139,000 Waco Title Co
Eagle Holdings Llc $106,300 --
Wells Fargo Bank -- --
Sood Deepak $185,000 Waco Title Company
Silva Mark $165,000 Waco Title Company
Vista West Limited Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Mountian Properties Llc $144,415
Previous Owner Stewart David Curtis $118,150
Previous Owner Sood Deepak $168,997
Previous Owner Silva Mark $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $365,000 -3.9% $150 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $380,000 +4.1% $156 / Sq Ft
02/11/2024 02/11/24 Off Market $365,000 -- --
08/11/2023 08/11/23 For Sale $380,000 -- $156 / 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 $2,936 $57,680 $9,000 $48,680
2024 $2,272 $57,680 $9,000 $48,680
2023 $2,172 $57,680 $9,000 $48,680
2022 $1,974 $36,830 $6,000 $30,830
2021 $1,862 $36,830 $6,000 $30,830
2020 $1,707 $36,830 $6,000 $30,830
2019 $1,558 $28,790 $6,000 $22,790
2018 $1,558 $28,790 $6,000 $22,790
2017 $1,543 $28,790 $6,000 $22,790
2016 $1,543 $28,790 $6,000 $22,790
2015 $1,543 $28,790 $6,000 $22,790
2014 $1,648 $30,740 $6,000 $24,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1253600

Northwest Arkansas Board of REALTORS®

APN: 760-02464-000