NOT LISTED FOR SALE

742 Rainbow Rd Heber Springs, AR 72543

Estimated Value: $283,103 - $491,000

3 Beds
2 Baths
1,677 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $245,000 $146 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,225/month

138 Days on Market

Highlights

  • Safe Room
  • RV Access or Parking
  • Deck
  • Spa
  • River Nearby
  • Creek On Lot

About This Home

As of April 2015

Log home nestled on a 5 wooded acres w/wet weather creek. Minutes from Little Red River & Greers Ferry Lake access. 1677 SF plus 11 x 34 sunroom, open floor plan w/fantastic flow from LR, dining,kitchen, sun rm to out door kitchen & 24x24 screened hot tub rm. Kitchen - stainless appliances, double oven stove, island w/seating. Master BR & BA main level w/ easy access to laundry rm. 2nd level 2 BR, BA & office space. 28 x 36 shop w/ wood stove heating, work benches, RV & boat storage. SEE ASSOCIATED DOC'S

Last Agent to Sell the Property

Pam Huffty

Crye*Leike Brock Real Estate Listed on: 10/30/2014

Crye*Leike Brock Real Estate

Last Buyer's Agent

Angela Smith

Coldwell Banker Heritage Homes

Coldwell Banker Heritage Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1999

Lot Details

  • 5 Acre Lot
  • Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,677 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Bar Fridge
  • Sheet Rock Walls or Ceilings
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Safe Room
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • River Nearby
  • Creek On Lot
  • Deck
  • Outdoor Storage
  • Shop

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Co-Op Electric
  • Electric Water Heater
  • Septic System
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$771

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Restrictions: Min Rights Do Not Convey
  • Class: Residential
  • Style: Log
  • Ext Features: Deck, Screened Porch, Porch, Outside Storage Area, Hot Tub/Spa, Shop, Rv Parking
  • Road Surface: Paved
  • Termite Company: Hopper
  • Third Party Exports: Daily Record
  • Type: Detached
  • Warranty: Normal Wrkng Ordr, As O&a
  • Estimated Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Breakfast Bar, Living/Dining Combo, Separate Breakfast Rm
  • Bedrooms: Primary Bedroom/Main Lv, 2 Bedrooms Same Level
  • Estimated Sq Ft: 1677
  • Bedrooms: 3
  • Floors: Tile, Wood, Carpet
  • Foundation: Crawl Space
  • Full Bathrooms: 2
  • Interiors: Washer Connection, Dryer Connection-Electric, Water Heater-Electric, Whirlpool/Hot Tub/Spa, Smoke Detector(s), Window Treatments, Built-Ins, Ceiling Fan(s), Walk-In Shower, Breakfast Bar, Wireless Access Point
  • Kitchen Equip: Microwave, Electric Range, Dishwasher, Disposal, Pantry, Ice Maker Connection, Bar/Fridge
  • Other Rooms: Great Room, Office/Study, Sun Room, Laundry, Safe/Storm Room
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock Ceiling, Sheet Rock

Exterior Features

  • Exterior: Log, Stone
  • Roof: Metal

Garage/Parking

  • Parking: Carport, Two Car, Detached

Utilities

  • Utilities: Septic, Water-Public, Electric-Co-Op, Gas-Natural, Tv-Cable, Telephone-Private
  • Heat Air: Central Cool-Electric, Central Heat-Electric, Heat Pump

Schools

  • Junior High: Heber Springs

Lot Info

  • Estimated Lot Size: 5
  • Estimated Lot Size: 330x660
  • Lot: Creek, Wooded, Not In Subdivision, River/Lake Area
  • Geo Subdivision: AR

Green Features

  • Energy Features: Insulated Doors, Insulated Windows

Tax Info

  • Annual Taxes: 770.73
  • Year: 2013

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
Oct 30, 2014
Closed on
Apr 24, 2015
Sold by
Hopper Patsy and Hopper Glenn
Bought by
Pinasco Jodi M
Seller's Agent
Pam Huffty
Crye*Leike Brock Real Estate
Buyer's Agent
Angela Smith
Coldwell Banker Heritage Homes
List Price
$269,000
Sold Price
$245,000
Premium/Discount to List
-$24,000
-8.92%
Current Estimated Value
$410,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,776
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Nov 11, 1996
Bought by
Hopper Glenn and Hopper Patsy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pinasco Jodi M $245,000 None Available
Hopper Glenn $7,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $245,000 -8.9% $146 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $269,000 -- $160 / 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 $661 $38,036 $10,000 $28,036
2023 $686 $38,036 $10,000 $28,036
2022 $685 $38,036 $10,000 $28,036
2021 $635 $26,637 $5,000 $21,637
2020 $635 $26,637 $5,000 $21,637
2019 $635 $26,637 $5,000 $21,637
2018 $660 $26,637 $5,000 $21,637
2017 $660 $26,637 $5,000 $21,637
2016 $1,047 $27,625 $8,000 $19,625
2015 $421 $20,336 $1,946 $18,390
2014 $421 $20,336 $1,946 $18,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 10404341

Cooperative Arkansas REALTORS® MLS

APN: 001-02197-000