NOT LISTED FOR SALE

91 Rainbow Dr Norman, AR 71960

Estimated Value: $133,000 - $186,000

2 Beds
1.5 Baths
1,148 Sq Ft
$147/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $175,000 $152 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $937/month

35 Days on Market

Highlights

  • Near a National Forest
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Wood Burning Stove
  • Porch
  • Bungalow

About This Home

As of February 2024

Nestled near Big Fork and bordering the Ouachita National Forest, this secluded cabin is a 30-minute drive from Mena, AR. Boasting 2 bedrooms, 1.5 baths, and a large porch, it offers a perfect blend of comfort and rustic charm. Recent upgrades include a new roof, septic tank, and water heater. Ideal for those seeking tranquility and modern convenience, this cabin is a peaceful retreat in the heart of nature on 5.16 acres with plenty of wildlife. Shown by appointment only, minimum 24 hour notice as it is an operational airbnb.

Last Agent to Sell the Property

Newton Titsworth

Exp Realty Listed on: 12/21/2023

Exp Realty

Last Buyer's Agent

Deana Dixon

Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 2002

Lot Details

  • 5.16 Acre Lot
  • Dirt Road
  • Rural Setting

Parking

  • 4 Car Garage

Home Design

  • Bungalow
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,148 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Window Unit Heating System
  • Co-Op Electric
  • Butane Gas
  • Well
  • Septic System

Community Details

  • Near a National Forest

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Style: Bungalow/Cottage
  • Ext Features: Porch, Outside Storage Area
  • LVT Date: 12/22/2023
  • Price Per Sq Ft: 152.44
  • Road Surface: Dirt, Gravel
  • Type: Rural Residential
  • Warranty: As-Is, Prsnt Cnd At Clsng
  • Estimated Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Breakfast Bar
  • Fireplace: Woodburning-Stove
  • Bedrooms: Primary Bedroom/Main Lv
  • Estimated Sq Ft: 1148
  • Bedrooms: 2
  • Floors: Laminate
  • Foundation: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Equip: Gas Range
  • Stories: Two Story
  • Walls Ceilings: Sheet Rock

Exterior Features

  • Exterior: Frame, Wood
  • Roof: Composition

Garage/Parking

  • Parking: Four Car Or More

Utilities

  • Utilities: Septic, Well, Electric-Co-Op, Gas-Propane/Butane
  • Heat Air: Window Units, No Cooling, Space Heater-Gas

Lot Info

  • Estimated Lot Size: 5.16
  • Estimated Lot Size: 5.16
  • Lot: Rural Property, National Forest Bndaries
  • Geo Subdivision: AR

Tax Info

  • Annual Taxes: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 23, 2024
Sold by
Weir Rhonda L and Weir Marlon
Bought by
Ortiz Jorge
Seller's Agent
Newton Titsworth
Exp Realty
Buyer's Agent
Deana Dixon
Select Realty
List Price
$175,000
Sold Price
$175,000
Views
121
Current Estimated Value
$168,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,813
Avg. Annual Appreciation
2.41%
Original Mortgage
$157,500
Outstanding Balance
$155,645
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$25,234

Purchase Details

Closed on
Mar 6, 2006
Bought by
Vekre Nicholas and Vekre Jerry

Purchase Details

Closed on
Nov 4, 1996
Bought by
Frost Roy
Source: Public Records

Range of Values:

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
Ortiz Jorge $175,000 Mena Title Company Inc
Vekre Nicholas $37,000 --
Frost Roy $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jorge $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $175,000 0.0% $152 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $175,000 -- $152 / 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 $55 $22,740 $9,490 $13,250
2023 $534 $22,740 $9,490 $13,250
2022 $482 $12,210 $4,490 $7,720
2021 $450 $12,210 $4,490 $7,720
2020 $418 $12,210 $4,490 $7,720
2019 $386 $12,210 $4,490 $7,720
2018 $354 $12,210 $4,490 $7,720
2017 $321 $7,640 $3,080 $4,560
2016 $325 $7,730 $3,170 $4,560
2014 -- $7,730 $3,170 $4,560
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Newton Titsworth

    Exp Realty

    (479) 234-0533

    10 Total Sales

    Newton Titsworth
    Section Image
  • Deana Dixon

    Buyer's Agent in 2024

    Deana Dixon

    Select Realty

    (479) 234-7572

    96 Total Sales

    Deana Dixon
    Section Image
See All Agents

Map

Source: Cooperative Arkansas REALTORS® MLS

MLS Number: 23040678

Cooperative Arkansas REALTORS® MLS

APN: 001-05977-010

Arkansas Montgomery County Norman 71960

91 Rainbow Dr, Norman, AR

This home is located at 91 Rainbow Dr, Norman, AR 71960 since 21 December 2023 and is currently estimated at $168,187, approximately $146 per square foot. This property was built in 2002. 91 Rainbow Dr is a home located in Montgomery County with nearby schools including Caddo Hills Elementary School and Caddo Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cooperative Arkansas REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes