NOT LISTED FOR SALE

624 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $326,563 - $410,000

3 Beds
2 Baths
2,225 Sq Ft
$164/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $219,400 $99 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,030/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Sun or Florida Room
  • Breakfast Bar
  • Wood Flooring
  • In-Law or Guest Suite
  • 1-Story Property

About This Home

As of February 2021

Lovely home on 1.9 acres very close to the Little Red River.

Last Agent to Sell the Property

Jeff McKenzie

McKenzie Realty Group Listed on: 01/12/2021

Last Buyer's Agent

Jeff McKenzie

McKenzie Realty Group Listed on: 01/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 2000

Lot Details

  • 1.9 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,225 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Open Floorplan
  • Sun or Florida Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Schools

  • Heber Springs Elementary And Middle School
  • Heber Springs High School

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Electric
  • Propane
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Traditional
  • LVT Date: 02/26/2021
  • Road Surface: Paved
  • Street Designation: Road
  • Termite Company: Hopper
  • Type: Detached
  • Estimated Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Dining Room: Breakfast Bar, Kitchen/Dining Combo, Living/Dining Combo
  • Fireplace: Woodburning-Prefab., Gas Logs Present
  • Bedrooms: Guest Bedroom/Main Lv, Primary Bedroom/Main Lv, 3 Bedrooms Same Level
  • Estimated Sq Ft: 2225
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Kitchen Equip: Gas Range
  • Other Rooms: Sun Room
  • Stories: One Story

Exterior Features

  • Exterior: Frame
  • Roof: Composition

Garage/Parking

  • Parking: Garage, Two Car

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Propane/Butane, Tv-Cable
  • Heat Air: Central Cool-Electric, Heat Pump

Schools

  • Junior High: Heber Springs

Lot Info

  • Estimated Lot Size: 1.9
  • Estimated Lot Size: 1.90
  • Lot: Level
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 640
  • Year: 2020

MLS Schools

  • Elementary School: Heber Springs
  • HighSchool: Heber Springs
  • Middle School: Heber Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 10, 2021
Sold by
Jaco Clyde Albert and Jaco Bettye Miles
Bought by
Bizzell Namon E and Bizzell Brenda K
Seller's Agent
Jeff McKenzie
McKenzie Realty Group
Buyer's Agent
Jeff McKenzie
McKenzie Realty Group
List Price
$234,900
Sold Price
$219,400
Premium/Discount to List
-$15,500
-6.6%
Current Estimated Value
$365,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,241
Avg. Annual Appreciation
11.28%
Original Mortgage
$175,000
Outstanding Balance
$156,518
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$209,123

Purchase Details

Closed on
Jun 26, 2020
Sold by
Jaco Clyde A and Jaco Bettye M
Bought by
Jaco Clyde Albert and Jaco Bettye Miles

Purchase Details

Closed on
Mar 8, 1996
Bought by
Jaco Clyde A and Jaco Bettye M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bizzell Namon E $219,400 General Land & Title Svcs
Jaco Clyde Albert -- None Available
Jaco Clyde A $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bizzell Namon E $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $219,400 -6.6% $99 / Sq Ft
01/12/2021 01/12/21 For Sale $234,900 -- $106 / Sq Ft
Source: Cooperative Arkansas REALTORS® MLS

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
2024 $1,182 $44,378 $3,800 $40,578
2023 $1,257 $44,378 $3,800 $40,578
2022 $1,307 $44,378 $3,800 $40,578
2021 $640 $36,348 $1,900 $34,448
2020 $640 $36,348 $1,900 $34,448
2019 $640 $36,348 $1,900 $34,448
2018 $665 $36,348 $1,900 $34,448
2017 $665 $36,348 $1,900 $34,448
2016 $665 $26,789 $1,340 $25,449
2015 $665 $26,789 $1,340 $25,449
2014 $665 $26,789 $1,340 $25,449
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 21005352

Cooperative Arkansas REALTORS® MLS

APN: 001-02206-000