NOT LISTED FOR SALE

75 Sweetwater Way Farmington, AR 72730

Estimated Value: $385,348 - $427,000

-- Bed
4 Baths
2,968 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $202,000 $68 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,333/month

148 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • 2 Car Attached Garage
  • Patio
  • Central Heating and Cooling System

About This Home

As of August 2016

Great income potential 10 minutes from U of A, shopping and interstate. Units are currently rented. Spacious rooms and floor plan. Units are all brick w/gutters. 3bds/2 baths and eat-in kitchen in each unit. 2 car attached garage on 1 level. Large backyard with a side patio.

Last Agent to Sell the Property

Hope Feiner

Keller Williams Market Pro Realty License #EB00072985 Listed on: 03/04/2016

Last Buyer's Agent

Marcy Chavez

Weichert REALTORS - The Griffin Company Springdale License #SA00059605

Weichert REALTORS - The Griffin Company Springdale

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Home Design

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

Interior Spaces

  • 2,968 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 033

Community Details

Overview

  • 2 Units
  • South Haven Ph III Subdivision

Building Details

  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,138

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: South Haven Ph III
  • Directions: From I-49: West on Hwy 62 to Farmington, South on Hwy. 170, take right on 3rd street (Briar Meadows). Go 1/4 mile to Summerwood, turn left into duplex subdivision on Sweetwater and Dakota Trail. Duplex is on the left.
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex,Multi Family
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 2968.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Back Yard, Partial, Privacy, Wood
  • Lot Features: Cleared, Level, Subdivision
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Architectural, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

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: 18000.0

Tax Info

  • Tax Annual Amount: 2138.0
  • Tax Block: .
  • Tax Lot: 033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Aug 31, 2016
Sold by
Taliaferro Mark and Carreira Rita
Bought by
Herrera Zulma A
Seller's Agent
Hope Feiner
Keller Williams Market Pro Realty
Buyer's Agent
Marcy Chavez
Weichert REALTORS - The Griffin Company Springdale
List Price
$220,000
Sold Price
$202,000
Premium/Discount to List
-$18,000
-8.18%
Current Estimated Value
$410,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,087
Avg. Annual Appreciation
7.99%
Original Mortgage
$198,341
Outstanding Balance
$158,253
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$251,834

Purchase Details

Closed on
Oct 28, 2004
Sold by
Downing Billy G
Bought by
Taliaferro Mark and Carreira Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
R & S Custom Homes Inc
Bought by
Downing Billy Gene

Purchase Details

Closed on
Aug 29, 2003
Sold by
Commercial Properties Inc
Bought by
R & S Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
5.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1994
Bought by
Commercial Properties, Inc
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
Herrera Zulma A $202,000 City Title & Closing Llc
Taliaferro Mark $200,000 Title Associates Llc
Downing Billy Gene $180,000 Heritage Land Title Of Ar
R & S Custom Homes Inc $35,000 Landtrust Title & Closing
Commercial Properties, Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Zulma A $198,341
Previous Owner Taliaferro Mark $159,500
Previous Owner R & S Custom Homes Inc $125,500
Closed Taliaferro Mark $39,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $202,000 -8.2% $68 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $220,000 -- $74 / 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 $2,096 $72,760 $9,000 $63,760
2024 $2,066 $72,760 $9,000 $63,760
2023 $2,087 $72,760 $9,000 $63,760
2022 $1,974 $48,400 $6,000 $42,400
2021 $1,885 $48,400 $6,000 $42,400
2020 $2,260 $48,400 $6,000 $42,400
2019 $2,062 $38,110 $6,000 $32,110
2018 $2,062 $38,110 $6,000 $32,110
2017 $204 $38,110 $6,000 $32,110
2016 $2,043 $38,110 $6,000 $32,110
2015 $2,043 $38,110 $6,000 $32,110
2014 $2,138 $39,890 $6,000 $33,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1010643

Northwest Arkansas Board of REALTORS®

APN: 760-02633-000