741 Rainbow Rd Unit A Bismarck, AR 71929
Estimated payment $8,047/month
Highlights
- Lake Front
- Traditional Architecture
- In-Law or Guest Suite
- Bismarck Elementary School Rated A-
- Formal Dining Room
- Breakfast Bar
About This Home
A rare find! One of the only houses on lake DeGray with access to the lake as well as an excellent view from the home. The house is a 4 bedroom/3 bath home well designed for privacy with an open concept in a secluded wooded setting. Additionally, the property has a cottage guest house and an open barn for storage. This is a unique, one of a kind property with direct access to lake DeGray.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,019
Year Built
- Built in 1968
Lot Details
- 5.5 Acre Lot
- Lake Front
- Dirt Road
- Level Lot
Parking
- Parking Pad
Home Design
- Traditional Architecture
- Combination Foundation
- Frame Construction
- Architectural Shingle Roof
- Stone Exterior Construction
Interior Spaces
- 2,041 Sq Ft Home
- 2-Story Property
- Sheet Rock Walls or Ceilings
- Wood Burning Fireplace
- Formal Dining Room
- Lake Views
- Basement
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Formica Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,019 | $40,370 | $5,400 | $34,970 |
| 2024 | $2,019 | $40,370 | $5,400 | $34,970 |
| 2023 | $2,019 | $40,370 | $5,400 | $34,970 |
| 2022 | $2,019 | $40,370 | $5,400 | $34,970 |
| 2021 | $1,640 | $40,370 | $5,400 | $34,970 |
| 2020 | $1,491 | $29,810 | $3,850 | $25,960 |
| 2019 | $1,491 | $29,810 | $3,850 | $25,960 |
| 2018 | $1,491 | $29,810 | $3,850 | $25,960 |
| 2017 | $1,490 | $29,810 | $3,850 | $25,960 |
| 2016 | $1,491 | $29,810 | $3,850 | $25,960 |
| 2015 | $1,459 | $29,185 | $3,220 | $25,965 |
| 2014 | $1,459 | $29,185 | $3,220 | $25,965 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $1,495,000 | -- | $732 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $600,000 | None Listed On Document | |
| Deed | $60,000 | None Listed On Document | |
| Deed | $60,000 | None Listed On Document | |
| Deed | $600,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Administrators Deed | -- | None Listed On Document | |
| Administrators Deed | -- | None Listed On Document | |
| Deed | $600,000 | None Listed On Document | |
| Deed | $600,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $18,000 | -- | |
| Warranty Deed | $80,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Cooperative Arkansas REALTORS® MLS
MLS Number: 25024371
APN: 665-20002-000
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